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Segment Information (Tables)
3 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Assets Allocated by Segment
Total assets allocated by segment at September 30, 2018 are as follows:
 
September 30, 2018
 
Real Estate
 
Other
 
Items Not Allocated
 
Consolidated
 
(In millions)
Cash and cash equivalents
$

 
$

 
$
318.8

 
$
318.8

Restricted cash

 

 
16.2

 
16.2

Real estate
498.0

 

 

 
498.0

Investment in unconsolidated ventures
11.7

 

 

 
11.7

Income taxes receivable

 

 
4.4

 
4.4

Property and equipment, net

 
1.5

 
0.2

 
1.7

Deferred tax asset, net

 

 
26.9

 
26.9

Other assets
12.4

 
0.4

 
2.6

 
15.4

 
$
522.1

 
$
1.9

 
$
369.1

 
$
893.1

Segment Revenues and Earnings
Segment results for the three months ended December 31, 2017 are as follows:
 
Three Months Ended December 31, 2017
 
Real Estate
 
Other
 
Items Not Allocated
 
Consolidated
 
(In millions)
Revenues
$
30.9

 
$

 
$

 
$
30.9

Cost of sales
16.6

 
6.0

 

 
22.6

Selling, general and administrative expense
5.9

 

 
18.2

 
24.1

Equity in earnings of unconsolidated ventures
(7.0
)
 

 

 
(7.0
)
Interest expense

 

 
2.1

 
2.1

Interest and other income
(0.6
)
 

 

 
(0.6
)
Income (loss) from continuing operations before taxes
$
16.0

 
$
(6.0
)
 
$
(20.3
)
 
$
(10.3
)
Noncontrolling interest
2.0

 

 

 
2.0

Income (loss) from continuing operations before taxes attributable to Forestar Group Inc.
$
14.0

 
$
(6.0
)
 
$
(20.3
)
 
$
(12.3
)