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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]                        
Revenues $ 347.6 $ 177.9 $ 159.1 $ 247.2 $ 236.3 $ 88.2 $ 65.3 $ 38.5 $ 78.3 $ 83.5 $ 931.8 $ 428.3
Cost of sales                 49.5 90.1 813.7 362.7
Selling, general and administrative expense                 19.4 51.2 45.7 28.9
Equity in earnings of unconsolidated ventures                 (4.8) (10.9) (0.7) (0.5)
Gain on sale of assets                 (27.8) (113.4) (0.1) (3.0)
Interest expense                 3.7 6.4 0.0 0.0
Interest and other income                 (6.4) (2.4) (4.9) (5.5)
Income before income taxes 32.0 10.3 13.7 22.2 16.0 8.4 16.4 4.9 44.7 62.5 78.1 45.7
Income tax expense (benefit) (7.5) (0.2) (3.3) (5.4) (3.4) (1.5) (3.6) (1.0) 25.3 (33.4) (16.4) (9.4)
Net income 24.5 10.1 10.4 16.8 12.6 6.9 12.8 3.9 70.0 67.9 61.7 36.3
Net income attributable to noncontrolling interests 0.3 0.0 0.8 (0.1) (0.1) 0.0 2.7 0.6 1.2 0.1 0.9 3.3
Net income attributable to Forestar Group Inc. $ 24.2 $ 10.1 $ 9.6 $ 16.9 $ 12.7 $ 6.9 $ 10.1 $ 3.3 $ 68.8 $ 67.8 $ 60.8 $ 33.0
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                        
Weighted average number of common shares                 41,938,987 42,200,000 48,037,018 41,974,429
Adjusted weighted average number of common shares                 41,969,056 42,500,000 48,094,111 42,005,141
Earnings Per Share, Basic [Abstract]                        
Basic net income per common share attributable to Forestar Group Inc. $ 0.50 $ 0.21 $ 0.20 $ 0.35 $ 0.30 $ 0.16 $ 0.24 $ 0.08 $ 1.64 $ 1.61 $ 1.26 $ 0.79
Earnings Per Share, Diluted [Abstract]                        
Diluted net income per common share attributable to Forestar Group Inc. $ 0.50 $ 0.21 $ 0.20 $ 0.35 $ 0.30 $ 0.16 $ 0.24 $ 0.08 $ 1.64 $ 1.59 $ 1.26 $ 0.79