Investment in Unconsolidated Entities (Tables)

3 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Condensed Financial Information of Company's Unconsolidated Entities

Summarized condensed financial information on a combined 100% basis related to the Company’s unconsolidated entities is as follows:

Balance Sheet

	December 31, 2017
	(In millions)
Assets:
Cash and cash equivalents	$	13.1
Inventories	168.9
Other assets	21.7
Total assets	$	203.7
Liabilities and Equity:
Accounts payable and other liabilities	$	13.1
Debt	85.1
Equity	105.5
Total liabilities and equity	$	203.7

Statement of Operations

	Three Months Ended   December 31, 2017
	(In millions)
Revenues	$	8.7
Net earnings of unconsolidated entities (1)	$	17.4
D.R. Horton’s equity in earnings of unconsolidated entities (1)	$	2.3

___________________

(1) Primarily relates to the gain on sale of a multi-family joint venture project in Nashville, Tennessee. D.R. Horton’s equity in earnings of unconsolidated entities of $2.3 million is after consideration of purchase accounting adjustments. Forestar’s equity in earnings of unconsolidated entities for the period from acquisition through December 31, 2017 was