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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 265,798 $ 96,442
Real estate, net 293,003 586,715
Assets of discontinued operations 14 104,967
Assets held for sale 30,377 0
Investment in unconsolidated ventures 77,611 82,453
Timber 0 7,683
Receivables, net 8,931 19,025
Income taxes receivable 10,867 12,056
Prepaid expenses 2,000 3,116
Property and equipment, net 3,116 10,732
Deferred tax asset, net 323 0
Goodwill and other intangible assets 37,900 43,455
Other assets 3,268 5,602
TOTAL ASSETS 733,208 972,246
LIABILITIES AND EQUITY    
Accounts payable 4,804 11,617
Accrued employee compensation and benefits 4,126 5,547
Accrued property taxes 2,008 4,529
Accrued interest 1,585 3,267
Deferred tax liability, net 0 1,037
Earnest money deposits 10,511 10,214
Other accrued expenses 12,598 14,556
Liabilities of discontinued operations 5,295 11,192
Liabilities held for sale 103 0
Other liabilities 19,702 24,657
Debt, net 110,358 381,515
TOTAL LIABILITIES 171,090 468,131
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders’ equity:    
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 44,803,603 issued at December 31, 2016 and 36,946,603 issued at December 31, 2015 44,804 36,947
Additional paid-in capital 553,005 561,850
Retained earnings (Accumulated deficit) 12,602 (46,046)
Treasury stock, at cost, 3,187,253 shares at December 31, 2016 and 3,203,768 shares at December 31, 2015 (49,760) (51,151)
Total Forestar Group Inc. shareholders’ equity 560,651 501,600
Noncontrolling interests 1,467 2,515
TOTAL EQUITY 562,118 504,115
TOTAL LIABILITIES AND EQUITY $ 733,208 $ 972,246