CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2024	Sep. 30, 2024
ASSETS
Cash and Cash Equivalents, at Carrying Value	$ 132.0	$ 481.2
Real estate	2,736.8	2,266.2
Investment in unconsolidated ventures	0.0	0.3
Property and equipment, net	6.8	7.1
Other assets	85.0	85.3
Total assets	2,960.6	2,840.1
LIABILITIES
Accounts payable	78.6	85.9
Accrued development costs	131.4	144.6
Earnest money on sales contracts	206.7	172.3
Deferred tax liability, net	66.6	67.5
Accrued expenses and other liabilities	56.4	68.3
Debt	806.8	706.4
Total liabilities	1,346.5	1,245.0
Commitments and contingencies (Note 11)
Forestar Group Inc. shareholders’ equity:
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 50,669,946 and 50,653,637 shares issued and outstanding at December 31, 2024 and September 30, 2024, respectively	50.7	50.7
Additional paid-in capital	667.7	665.2
Retained earnings	894.7	878.2
Stockholders' equity	1,613.1	1,594.1
Noncontrolling interests	1.0	1.0
Total equity	1,614.1	1,595.1
Total liabilities and equity	$ 2,960.6	$ 2,840.1