Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
REVENUES
Real estate sales and other	$ 33,136	$ 45,285	$ 81,789	$ 114,711
Commercial and income producing properties	0	12	91	13,065
Real estate	33,136	45,297	81,880	127,776
Mineral resources	0	1,423	1,502	3,842
Other	0	487	74	1,199
Total revenues	33,136	47,207	83,456	132,817
COSTS AND EXPENSES
Cost of real estate sales and other	(21,762)	(24,884)	(50,142)	(105,023)
Cost of commercial and income producing properties	(14)	(4,375)	(3)	(15,326)
Cost of mineral resources	0	(182)	(38,315)	(572)
Cost of other	(109)	(363)	(518)	(867)
Other operating expenses	(3,220)	(6,471)	(13,905)	(26,879)
General and administrative	(5,340)	(5,177)	(38,403)	(16,508)
Total expenses	(30,445)	(41,452)	(141,286)	(165,175)
GAIN ON SALE OF ASSETS	9,690	501	113,411	121,732
OPERATING INCOME	12,381	6,256	55,581	89,374
Equity in earnings of unconsolidated ventures	1,764	3,637	10,873	3,872
Interest expense	(2,038)	(3,369)	(6,439)	(17,926)
Loss on extinguishment of debt, net	0	0	0	(35,864)
Other non-operating income	1,140	1,249	2,438	1,620
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES	13,247	7,773	62,453	41,076
Income tax (expense) benefit	(5,214)	9,666	(33,353)	(7,415)
NET INCOME FROM CONTINUING OPERATIONS	8,033	17,439	29,100	33,661
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAXES	37,193	(7,164)	38,840	(17,428)
CONSOLIDATED NET INCOME	45,226	10,275	67,940	16,233
Less: Net (income) attributable to noncontrolling interests	(24)	(610)	(112)	(1,330)
NET INCOME ATTRIBUTABLE TO FORESTAR GROUP INC.	$ 45,202	$ 9,665	$ 67,828	$ 14,903
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)	42,270	34,099	42,204	34,234
Diluted (in shares)	42,626	42,260	42,512	42,334
NET INCOME (LOSS) PER BASIC SHARE
Continuing operations, basic (usd per share)	$ 0.19	$ 0.40	$ 0.69	$ 0.77
Discontinued operations, basic (usd per share)	0.88	(0.17)	0.92	(0.42)
NET INCOME (LOSS) PER BASIC SHARE (usd per share)	1.07	0.23	1.61	0.35
NET INCOME (LOSS) PER DILUTED SHARE
Continuing operations, diluted (usd per share)	0.19	0.40	0.68	0.76
Discontinued operation, diluted (usd per share)	0.87	(0.17)	0.91	(0.41)
NET INCOME (LOSS) PER DILUTED SHARE (usd per share)	$ 1.06	$ 0.23	$ 1.59	$ 0.35
TOTAL COMPREHENSIVE INCOME (LOSS)	$ 45,202	$ 9,665	$ 67,828	$ 14,903