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Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2018
Sep. 30, 2018
ASSETS    
Cash and cash equivalents $ 154,200,000 $ 318,800,000
Restricted cash 16,100,000 16,200,000
Total cash, cash equivalents and restricted cash 170,300,000 335,000,000
Real estate 693,200,000 498,000,000
Investment in unconsolidated ventures 7,400,000 11,700,000
Income taxes receivable 4,500,000 4,400,000
Property and equipment, net 1,800,000 1,700,000
Deferred tax asset, net 25,500,000 26,900,000
Other assets 16,000,000 15,400,000
TOTAL ASSETS 918,700,000 893,100,000
LIABILITIES    
Accounts payable 7,400,000 7,900,000
Earnest money deposits on sales contracts 68,200,000 49,400,000
Accrued expenses and other liabilities 52,200,000 49,600,000
Debt, net 112,900,000 111,700,000
TOTAL LIABILITIES 240,700,000 218,600,000
COMMITMENTS AND CONTINGENCIES (Note 12)
Forestar Group Inc. shareholders’ equity:    
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 41,959,866 issued at December 31, 2018 and 41,939,403 issued at September 30, 2018 42,000,000 41,900,000
Additional paid-in capital 506,300,000 506,300,000
Retained earnings 128,400,000 125,100,000
Total Forestar Group Inc. shareholders’ equity 676,700,000 673,300,000
Noncontrolling interests 1,300,000 1,200,000
TOTAL EQUITY 678,000,000 674,500,000
TOTAL LIABILITIES AND EQUITY $ 918,700,000 $ 893,100,000