XML 36 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Capital Stock
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Capital Stock
Capital Stock
On October 5, 2017, our stockholders received New Forestar Common Stock in connection with the Merger. Please see Note 3 — Merger for additional information.
On December 15, 2016, we issued 7,857,000 shares of our common stock upon settlement of the stock purchase contract related to the 6.00% tangible equity units. In 2016, we repurchased 283,976 shares of our common stock for $3,537,000. We have repurchased 3,777,308 shares of our common stock for $57,696,000 since we announced our 2009 strategic initiative of repurchasing up to 20 percent or up to 7,000,000 shares of our common stock. The foregoing purchase authorization terminated upon closing of the Merger with D.R. Horton on October 5, 2017.