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Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2020
Assets [Abstract]            
Cash and cash equivalents $ 1,942.7     $ 1,942.7   $ 3,018.5
Restricted cash 26.4     26.4   21.6
Inventories:            
Construction in progress and finished homes 7,744.1     7,744.1   5,984.1
Residential land and lots — developed and under development 7,407.9     7,407.9   6,171.8
Land held for development 113.9     113.9   53.2
Land held for sale 23.5     23.5   28.3
Rental properties 722.3     722.3   0.0
Total inventories 16,011.7     16,011.7   12,237.4
Mortgage loans held for sale 1,644.1     1,644.1   1,529.0
Deferred income taxes, net 147.1     147.1   144.9
Property and equipment, net 367.0     367.0   683.7
Other assets 1,491.0     1,491.0   1,113.7
Goodwill 163.5     163.5   163.5
Total assets 21,793.5     21,793.5   18,912.3
Liabilities [Abstract]            
Accounts payable 1,250.9     1,250.9   900.5
Accrued expenses and other liabilities 2,001.3     2,001.3   1,607.0
Notes payable 4,416.3     4,416.3   4,283.3
Total liabilities 7,668.5     7,668.5   6,790.8
Revenues            
Total revenues 7,284.6   $ 5,390.0 19,664.9 $ 13,910.8  
Inventory and land option charges 5.6   5.0 17.6 17.8  
Cost of sales 5,212.6   4,084.7 14,196.0 10,619.7  
Selling, General and Administrative Expense 655.7   527.5 1,863.2 1,450.1  
Gain on sale of assets 0.0   0.0 (14.0) (59.5)  
Loss on extinguishment of debt 18.1   0.0 18.1 0.0  
Other (income) expense (17.4)   (4.6) (28.2) (26.4)  
Income (loss) before income taxes 1,415.6   782.4 3,629.8 1,926.9  
Depreciation and amortization       56.7 57.4  
Cash provided by (used in) operating activities       (34.5) 588.9  
Intersegment Eliminations [Member]            
Assets [Abstract]            
Cash and cash equivalents 0.0     0.0   0.0
Restricted cash 0.0     0.0   0.0
Inventories:            
Construction in progress and finished homes (93.7)     (93.7)   (53.4)
Residential land and lots — developed and under development (45.4)     (45.4)   (33.9)
Land held for development 0.0     0.0   0.0
Land held for sale 0.0     0.0   0.0
Rental properties (17.1)     (17.1)    
Total inventories (156.2)     (156.2)   (87.3)
Mortgage loans held for sale 0.0     0.0   0.0
Deferred income taxes, net (5.4)     (5.4)   2.6
Property and equipment, net 0.0     0.0   (3.0)
Other assets (111.2)     (111.2)   (96.1)
Goodwill 29.2     29.2   29.2
Total assets (243.6)     (243.6)   (154.6)
Liabilities [Abstract]            
Accounts payable 0.0     0.0   0.0
Accrued expenses and other liabilities (172.0)     (172.0)   (128.1)
Notes payable (1.4)     (1.4)   (4.8)
Total liabilities (173.4)     (173.4)   (132.9)
Revenues            
Total revenues (303.2)   (175.5) (865.8) (548.6)  
Inventory and land option charges 0.0   0.0 0.0 0.0  
Cost of sales (283.0)   (169.8) (811.0) (512.0)  
Selling, General and Administrative Expense 0.2   0.2 0.5 0.4  
Gain on sale of assets       0.0 0.0  
Loss on extinguishment of debt 0.0     0.0    
Other (income) expense 0.0   0.0 (0.8) 0.0  
Income (loss) before income taxes (20.4)   (5.9) (54.5) (37.0)  
Depreciation and amortization       0.4 0.4  
Cash provided by (used in) operating activities       (8.0) (16.8)  
Financial Services [Member]            
Assets [Abstract]            
Cash and cash equivalents 101.1     101.1   55.6
Restricted cash 14.6     14.6   11.9
Inventories:            
Construction in progress and finished homes 0.0     0.0   0.0
Residential land and lots — developed and under development 0.0     0.0   0.0
Land held for development 0.0     0.0   0.0
Land held for sale 0.0     0.0   0.0
Rental properties 0.0     0.0    
Total inventories 0.0     0.0   0.0
Mortgage loans held for sale 1,644.1     1,644.1   1,529.0
Deferred income taxes, net 0.0     0.0   0.0
Property and equipment, net 3.4     3.4   3.9
Other assets 122.6     122.6   125.8
Goodwill 0.0     0.0   0.0
Total assets 1,885.8     1,885.8   1,726.2
Liabilities [Abstract]            
Accounts payable 0.0     0.0   0.0
Accrued expenses and other liabilities 90.7     90.7   86.8
Notes payable 1,093.6     1,093.6   1,132.6
Total liabilities 1,184.3     1,184.3   1,219.4
Revenues            
Total revenues 188.7   156.6 601.1 364.0  
Inventory and land option charges 0.0   0.0 0.0 0.0  
Cost of sales 0.0   0.0 0.0 0.0  
Selling, General and Administrative Expense 127.0   93.9 360.4 257.7  
Gain on sale of assets       0.0 0.0  
Loss on extinguishment of debt 0.0     0.0    
Other (income) expense (8.6)   (6.1) (21.4) (17.7)  
Income (loss) before income taxes 70.3   68.8 262.1 124.0  
Depreciation and amortization       1.3 1.2  
Cash provided by (used in) operating activities       96.2 (347.7)  
Forestar Group [Member]            
Assets [Abstract]            
Cash and cash equivalents 116.0     116.0   394.3
Restricted cash 0.0     0.0   0.0
Inventories:            
Construction in progress and finished homes 0.0     0.0   0.0
Residential land and lots — developed and under development 1,777.9     1,777.9   1,304.3
Land held for development 83.5     83.5   5.4
Land held for sale 0.0     0.0   0.0
Rental properties 0.0     0.0    
Total inventories 1,861.4     1,861.4   1,309.7
Mortgage loans held for sale 0.0     0.0   0.0
Deferred income taxes, net 0.0     0.0   0.0
Property and equipment, net 2.2     2.2   1.1
Other assets 35.4     35.4   34.8
Goodwill 0.0     0.0   0.0
Total assets 2,015.0     2,015.0   1,739.9
Liabilities [Abstract]            
Accounts payable 45.6     45.6   29.2
Accrued expenses and other liabilities 294.9     294.9   197.8
Notes payable 704.1     704.1   641.1
Total liabilities 1,044.6     1,044.6   868.1
Revenues            
Total revenues 312.9   177.9 907.1 584.3  
Inventory and land option charges 0.7   0.1 1.6 0.5  
Cost of sales 257.1   157.1 753.8 510.3  
Selling, General and Administrative Expense 16.9   11.2 48.7 32.8  
Gain on sale of assets       0.0 (0.1)  
Loss on extinguishment of debt 18.1     18.1    
Other (income) expense (0.3)   (0.7) (1.4) (4.8)  
Income (loss) before income taxes 21.1   10.3 87.9 46.1  
Depreciation and amortization       0.3 0.2  
Cash provided by (used in) operating activities       (340.6) (205.7)  
Other Segments [Member]            
Assets [Abstract]            
Cash and cash equivalents 51.8     51.8   17.5
Restricted cash 0.3     0.3   0.2
Inventories:            
Construction in progress and finished homes 0.0     0.0   0.0
Residential land and lots — developed and under development 0.0     0.0   0.0
Land held for development 0.0     0.0   0.0
Land held for sale 0.0     0.0   0.0
Total inventories 436.3     436.3   0.0
Mortgage loans held for sale 0.0     0.0   0.0
Deferred income taxes, net 0.0     0.0   0.0
Property and equipment, net 81.1     81.1   308.9
Other assets 62.7     62.7   52.8
Goodwill 0.0     0.0   0.0
Total assets 632.2     632.2   379.4
Liabilities [Abstract]            
Accounts payable 34.2     34.2   12.0
Accrued expenses and other liabilities 14.2     14.2   12.2
Notes payable 0.0     0.0   0.0
Total liabilities 48.4     48.4   24.2
Revenues            
Total revenues 15.9   8.9 45.9 27.2  
Inventory and land option charges 0.0   0.0 0.0 0.0  
Cost of sales 0.0   0.0 0.0 0.0  
Selling, General and Administrative Expense 9.6   7.1 30.9 23.9  
Gain on sale of assets       (0.9) (59.4)  
Loss on extinguishment of debt 0.0     0.0    
Other (income) expense (1.4)   2.4 5.8 5.8  
Income (loss) before income taxes 7.7   (0.6) 10.1 56.9  
Depreciation and amortization       10.5 5.8  
Cash provided by (used in) operating activities       (58.2) 2.1  
HomeBuildingMember            
Assets [Abstract]            
Cash and cash equivalents 1,673.8     1,673.8   2,551.1
Restricted cash 11.5     11.5   9.5
Inventories:            
Construction in progress and finished homes 7,837.8     7,837.8   6,037.5
Residential land and lots — developed and under development 5,675.4     5,675.4   4,901.4
Land held for development 30.4     30.4   47.8
Land held for sale 23.5     23.5   28.3
Total inventories 13,870.2     13,870.2   11,015.0
Mortgage loans held for sale 0.0     0.0   0.0
Deferred income taxes, net 152.5     152.5   142.3
Property and equipment, net 280.3     280.3   372.8
Other assets 1,381.5     1,381.5   996.4
Goodwill 134.3     134.3   134.3
Total assets 17,504.1     17,504.1   15,221.4
Liabilities [Abstract]            
Accounts payable 1,171.1     1,171.1   859.3
Accrued expenses and other liabilities 1,773.5     1,773.5   1,438.3
Notes payable 2,620.0     2,620.0   2,514.4
Total liabilities 5,564.6     5,564.6   4,812.0
Revenues            
Total revenues 7,070.3   5,222.1 18,976.6 13,483.9  
Inventory and land option charges 4.9   4.9 16.0 17.3  
Cost of sales 5,238.5   4,097.4 14,253.2 10,621.4  
Selling, General and Administrative Expense 502.0   415.1 1,422.7 1,135.3  
Gain on sale of assets       (13.1) 0.0  
Loss on extinguishment of debt 0.0     0.0    
Other (income) expense (7.1)   (0.2) (10.4) (9.7)  
Income (loss) before income taxes 1,336.9   709.8 3,324.2 1,736.9  
Depreciation and amortization       44.2 49.8  
Cash provided by (used in) operating activities       276.1 1,157.0  
East [Member] | HomeBuildingMember            
Inventories:            
Total inventories 1,605.6     1,605.6   1,328.3
Revenues            
Total revenues 1,032.7   736.3 2,703.4 1,836.5  
Inventory and land option charges 1.4   0.2 2.7 (0.1)  
Income (loss) before income taxes 190.3   106.9 468.8 240.1  
Midwest [Member] | HomeBuildingMember            
Inventories:            
Total inventories 1,225.9     1,225.9   958.5
Revenues            
Total revenues 514.6   373.3 1,396.1 964.6  
Inventory and land option charges 0.5   0.4 0.7 1.9  
Income (loss) before income taxes 67.2   34.1 177.3 76.4  
Southeast [Member] | HomeBuildingMember            
Inventories:            
Total inventories 3,510.6     3,510.6   2,919.9
Revenues            
Total revenues 2,300.1   1,629.1 6,133.4 4,096.4  
Inventory and land option charges 1.0   2.0 8.8 6.3  
Income (loss) before income taxes 465.3   233.5 1,147.8 567.4  
South Central [Member] | HomeBuildingMember            
Inventories:            
Total inventories 3,824.6     3,824.6   2,879.9
Revenues            
Total revenues 1,709.8   1,376.4 4,688.8 3,401.5  
Inventory and land option charges 1.5   1.9 2.1 6.3  
Income (loss) before income taxes 323.1   201.8 854.6 490.7  
Southwest [Member] | HomeBuildingMember            
Inventories:            
Total inventories 955.7     955.7   695.8
Revenues            
Total revenues 291.0   216.1 766.7 626.8  
Inventory and land option charges 0.0   0.1 0.4 0.1  
Income (loss) before income taxes 46.7   29.7 124.8 95.0  
West [Member] | HomeBuildingMember            
Inventories:            
Total inventories 2,536.6     2,536.6   2,009.1
Revenues            
Total revenues 1,222.1   890.9 3,288.2 2,558.1  
Inventory and land option charges 0.5   0.3 1.3 2.8  
Income (loss) before income taxes 244.3   103.8 550.9 267.3  
Corporate, Non-Segment [Member] | HomeBuildingMember            
Inventories:            
Total inventories 211.2     211.2   223.5
Multifamily [Member] | Other Segments [Member]            
Inventories:            
Rental properties 436.3     436.3    
Total assets 458.3     458.3   $ 246.2
Land [Member]            
Revenues            
Home sales 55.8   25.8 154.6 112.6  
Cost of Goods and Services Sold 27.8   14.2 85.4 67.1  
Land [Member] | Intersegment Eliminations [Member]            
Revenues            
Home sales (303.2)   (175.5) (865.8) (548.6)  
Cost of Goods and Services Sold (243.0)   (153.0) (707.7) (477.6)  
Land [Member] | Financial Services [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Cost of Goods and Services Sold 0.0   0.0 0.0 0.0  
Land [Member] | Forestar Group [Member]            
Revenues            
Home sales 312.9   177.9 907.1 584.3  
Cost of Goods and Services Sold 256.4   157.0 752.2 509.8  
Land [Member] | Other Segments [Member]            
Revenues            
Home sales 15.9   8.9 45.9 27.2  
Cost of Goods and Services Sold 0.0   0.0 0.0 0.0  
Land [Member] | HomeBuildingMember            
Revenues            
Home sales 30.2   14.5 67.4 49.7  
Cost of Goods and Services Sold 14.4   10.2 40.9 34.9  
HomeBuildingMember            
Revenues            
Home sales 7,040.1   5,207.6 18,909.2 13,434.2  
Cost of Goods and Services Sold 5,179.2   4,065.5 14,093.0 10,534.8  
HomeBuildingMember | Intersegment Eliminations [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Cost of Goods and Services Sold (40.0)   (16.8) (103.3) (34.4)  
HomeBuildingMember | Financial Services [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Cost of Goods and Services Sold 0.0   0.0 0.0 0.0  
HomeBuildingMember | Forestar Group [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Cost of Goods and Services Sold 0.0   0.0 0.0 0.0  
HomeBuildingMember | Other Segments [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Cost of Goods and Services Sold 0.0   0.0 0.0 0.0  
HomeBuildingMember | HomeBuildingMember            
Revenues            
Home sales 7,040.1   5,207.6 18,909.2 13,434.2  
Cost of Goods and Services Sold 5,219.2   4,082.3 14,196.3 10,569.2  
Financial Services [Member]            
Revenues            
Home sales 188.7   156.6 601.1 364.0  
Financial Services [Member] | Intersegment Eliminations [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Financial Services [Member] | Financial Services [Member]            
Revenues            
Home sales 188.7   156.6 601.1 364.0  
Financial Services [Member] | Forestar Group [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Financial Services [Member] | Other Segments [Member]            
Revenues            
Home sales 0.0   0.0 0.0 0.0  
Financial Services [Member] | HomeBuildingMember            
Revenues            
Home sales 0.0   $ 0.0 0.0 $ 0.0  
Single Family [Member] | HomeBuildingMember            
Inventories:            
Rental properties 303.1     303.1    
Revenues            
Home sales 23.1 $ 31.8        
Gain on sale of assets   $ (14.0)        
Single Family [Member] | East [Member] | HomeBuildingMember            
Inventories:            
Rental properties 31.7     31.7    
Single Family [Member] | Midwest [Member] | HomeBuildingMember            
Inventories:            
Rental properties 20.2     20.2    
Single Family [Member] | Southeast [Member] | HomeBuildingMember            
Inventories:            
Rental properties 156.3     156.3    
Single Family [Member] | South Central [Member] | HomeBuildingMember            
Inventories:            
Rental properties 33.5     33.5    
Single Family [Member] | Southwest [Member] | HomeBuildingMember            
Inventories:            
Rental properties 25.5     25.5    
Single Family [Member] | West [Member] | HomeBuildingMember            
Inventories:            
Rental properties 35.9     $ 35.9    
MultifamilyMember | HomeBuildingMember            
Revenues            
Home sales $ 128.5