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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 88.2 $ 23.6 $ 192.0 $ 77.0
Cost of sales 75.3 10.0 149.6 48.9
Selling, general and administrative expense 7.9 6.5 19.8 36.1
Equity in earnings of unconsolidated ventures 0.0 (1.0) (0.5) (9.6)
Gain on sale of assets (1.5) (1.3) (2.4) (4.1)
Interest expense 0.0 1.6 0.0 5.8
Interest and other income (1.9) (2.6) (4.1) (4.8)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES 8.4 10.4 29.6 4.7
Income tax expense 1.5 0.1 6.0 12.6
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 6.9 10.3 23.6 (7.9)
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAXES 0.0 0.0 0.0 7.2
CONSOLIDATED NET INCOME (LOSS) 6.9 10.3 23.6 (0.7)
Less: Net income attributable to noncontrolling interests 0.0 0.9 3.3 2.9
NET INCOME (LOSS) ATTRIBUTABLE TO FORESTAR GROUP INC. $ 6.9 $ 9.4 $ 20.3 $ (3.6)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 41,959,866 41,938,936 41,957,408 41,945,099
Diluted (in shares) 42,010,221 41,966,313 41,978,339 41,945,099
NET INCOME (LOSS) PER BASIC SHARE        
Continuing operations, basic (usd per share) $ 0.16 $ 0.22 $ 0.48 $ (0.26)
Discontinued operations, basic (usd per share) 0.00 0.00 0.00 0.17
NET INCOME (LOSS) PER BASIC SHARE (usd per share) 0.16 0.22 0.48 (0.09)
NET INCOME (LOSS) PER DILUTED SHARE        
Continuing operations, diluted (usd per share) 0.16 0.22 0.48 (0.26)
Discontinued operation, diluted (usd per share) 0.00 0.00 0.00 0.17
NET INCOME (LOSS) PER DILUTED SHARE (usd per share) $ 0.16 $ 0.22 $ 0.48 $ (0.09)