Other Assets, Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Dec. 31, 2018

Other Assets, Accrued Expenses and Other Liabilities [Abstract]

Schedule of Other Assets [Table Text Block]

The Company's other assets at December 31, 2018 and September 30, 2018 were as follows:

	December 31, 2018		September 30, 2018
	(In millions)
Receivables, net	$	2.4	$	2.7
Prepaid expenses	3.5		3.1
Land purchase contract deposits	5.4		4.1
Intangible assets	—		0.5
Other assets	4.7		5.0
	$	16.0	$	15.4

Schedule of Accrued Liabilities [Table Text Block]

The Company's accrued expenses and other liabilities at December 31, 2018 and September 30, 2018 were as follows:

	December 31, 2018		September 30, 2018
	(In millions)
Accrued employee compensation and benefits	$	5.1	$	6.7
Accrued property taxes	0.3		1.7
Accrued interest	1.5		0.4
Contract liabilities	10.0		—
Deferred income	10.9		11.6
Other accrued expenses	22.0		27.2
Other liabilities	2.4		2.0
	$	52.2	$	49.6

Contract liabilities at December 31, 2018 represents the Company's unsatisfied remaining performance obligations in the development of 261 lots that have been sold to D.R. Horton which will be recognized over time on a percentage of completion basis.