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Investment in Unconsolidated Ventures
3 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Investment in Unconsolidated Ventures
Investment in Unconsolidated Ventures

At December 31, 2019, the Company had ownership interests in four ventures that it accounted for using the equity method. Combined summarized balance sheet and income statement information for these unconsolidated ventures follows:
 
December 31,
2019
 
September 30,
2019
 
(In millions)
Assets:
 
 
 
Cash and cash equivalents
$
1.4

 
$
1.6

Real estate
10.1

 
13.6

Other assets
0.2

 
0.1

Total assets
$
11.7

 
$
15.3

Liabilities and Equity:
 
 
 
Accounts payable and other liabilities
$
0.3

 
$
0.3

Equity
11.4

 
15.0

Total liabilities and equity
$
11.7

 
$
15.3

 
 
 
 
Forestar's investment in unconsolidated ventures
$
5.9

 
$
7.3



 
Three Months Ended December 31,
 
2019
 
2018
 
(In millions)
Revenues
$
2.0

 
$
1.8

Earnings
$
1.4

 
$
1.4

Forestar's equity in earnings of unconsolidated ventures
$
0.5

 
$
0.6