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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 23.6 $ (0.7)
Adjustments:    
Depreciation and amortization 4.8 3.9
Deferred income taxes 5.9 1.0
Equity in earnings of unconsolidated ventures (0.5) (9.6)
Distributions of earnings of unconsolidated ventures 4.9 8.3
Share-based compensation 1.1 4.3
Asset impairments 0.5 9.3
Loss on debt extinguishment, net 0.0 0.6
Gain on sale of assets (2.4) (4.1)
Other Noncash Income (Expense) 0.9 1.3
Changes in operating assets and liabilities:    
Increase in real estate 551.5 274.0
Increase in other assets (4.1) (2.2)
Increase in accounts payable and other accrued liabilities 30.2 11.3
Increase in earnest money deposits on sales contracts 35.4 29.7
Decrease in income taxes receivable 1.1 16.9
Net cash used in operating activities (450.1) (206.0)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software and other (0.9) (0.1)
Investment in unconsolidated ventures 0.0 (0.1)
Return of investment in unconsolidated ventures 0.1 7.4
Proceeds from sale of assets 0.0 228.6
Net cash (used in) provided by investing activities (0.8) 235.8
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of debt (85.0) (10.6)
Additions to debt 435.0 1.5
Deferred financing fees (6.9) (0.2)
Distributions to noncontrolling interests, net (3.9) (2.2)
Settlement of equity awards (0.1) (12.8)
Net cash provided by (used in) financing activities 339.1 (24.3)
Net (decrease) increase in cash, cash equivalents and restricted cash (111.8) 5.5
Cash, cash equivalents and restricted cash at beginning of period 335.0 402.2
Cash, cash equivalents and restricted cash at end of period $ 223.2 $ 407.7