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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 321,783 $ 265,798
Restricted cash 40,017 275
Real estate, net 130,380 293,003
Assets of discontinued operations 0 14
Assets held for sale 181,607 30,377
Investment in unconsolidated ventures 64,579 77,611
Receivables, net 6,307 8,931
Income taxes receivable 6,674 10,867
Prepaid expenses 3,118 2,000
Property and equipment, net 2,003 3,116
Deferred tax asset, net 2,028 323
Goodwill and other intangible assets 448 37,900
Other assets 2,968 2,993
TOTAL ASSETS 761,912 733,208
LIABILITIES AND EQUITY    
Accounts payable 2,382 4,804
Accrued employee compensation and benefits 8,994 4,126
Accrued property taxes 2,153 2,008
Accrued interest 1,489 1,585
Earnest money deposits 11,940 10,511
Other accrued expenses 5,942 12,598
Liabilities of discontinued operations 0 5,295
Liabilities held for sale 1,017 103
Other liabilities 13,934 19,702
Debt, net 108,429 110,358
TOTAL LIABILITIES 156,280 171,090
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders’ equity:    
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 41,938,936 issued at December 31, 2017 and 44,803,603 issued at December 31, 2016 41,939 44,804
Additional paid-in capital 505,977 553,005
Retained earnings 56,296 12,602
Treasury stock, at cost, 0 shares at December 31, 2017 and 3,187,253 shares at December 31, 2016 0 (49,760)
Total Forestar Group Inc. shareholders’ equity 604,212 560,651
Noncontrolling interests 1,420 1,467
TOTAL EQUITY 605,632 562,118
TOTAL LIABILITIES AND EQUITY $ 761,912 $ 733,208