Investment in Unconsolidated Ventures (Notes)

9 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Investment in Unconsolidated Ventures

Investment in Unconsolidated Ventures

At June 30, 2020, 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:

	June 30, 2020		September 30, 2019
	(In millions)
Assets:
Cash and cash equivalents	$	1.2	$	1.6
Real estate	9.4		13.6
Other assets	0.2		0.1
Total assets	$	10.8	$	15.3
Liabilities and Equity:
Accounts payable and other liabilities	$	0.2	$	0.3
Equity	10.6		15.0
Total liabilities and equity	$	10.8	$	15.3
Forestar's investment in unconsolidated ventures	$	5.5	$	7.3

	Three Months Ended June 30,				Nine Months Ended June 30,
	2020		2019		2020		2019
	(In millions)
Revenues	$	—	$	0.1	$	3.0	$	1.9
(Loss) earnings	$	(0.1)	$	(0.1)	$	1.9	$	1.3
Forestar's equity in (loss) earnings of unconsolidated ventures	$	(0.1)	$	—	$	0.6	$	0.5