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Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Sep. 30, 2017
Sep. 30, 2016
Assets [Abstract]            
Cash and cash equivalents $ 1,010.8 $ 993.2 $ 1,010.8 $ 993.2 $ 1,007.8 $ 1,303.2
Restricted cash 55.4   55.4   16.5  
Inventories:            
Construction in progress and finished homes 5,119.6   5,119.6   4,606.0  
Residential land and lots - developed and under development 4,900.0   4,900.0   4,519.7  
Land held for development 86.6   86.6   101.0  
Land held for sale 38.2   38.2   10.4  
Total inventories 10,144.4   10,144.4   9,237.1  
Investment in unconsolidated entities 32.1   32.1   0.0  
Mortgage loans held for sale 658.2   658.2   587.3  
Deferred income taxes 219.9   219.9   365.0  
Property and equipment, net 380.4   380.4   325.0  
Other Assets 607.7   607.7   565.9  
Goodwill 109.2   109.2   80.0  
Total assets 13,218.1   13,218.1   12,184.6  
Liabilities [Abstract]            
Accounts payable 582.7   582.7   580.4  
Accrued expenses and other liabilities 1,029.6   1,029.6   985.0  
Notes payable 3,233.9   3,233.9   2,871.6  
Total liabilities 4,846.2   4,846.2   4,437.0  
Revenues            
Home sales 3,672.1 3,158.1 6,856.6 5,955.8    
Land/lot sales and other 27.7 6.3 95.0 34.7    
Financial services 94.9 86.9 176.0 165.0    
Total revenues 3,794.7 3,251.3 7,127.6 6,155.5    
Cost of sales            
Home sales 2,907.5 2,532.1 5,429.0 4,776.9    
Land/lot sales and other 24.0 5.6 79.0 26.4    
Inventory and land option charges 30.1 12.2 33.8 14.5    
Total cost of sales 2,961.6 2,549.9 5,541.8 4,817.8    
Selling, General and Administrative Expense 400.9 355.2 785.1 681.0    
Equity in earnings of unconsolidated entities (0.4) 0.0 (2.7) 0.0    
Gain on sale of assets (1.1) 0.0 (14.5) 0.0    
Interest Expense 0.0   0.0      
Other (income) expense (11.1) (7.7) (18.2) (15.4)    
Income (loss) before income taxes 444.8 353.9 836.1 672.1    
Depreciation and amortization     33.1 27.3    
Net cash (used in) provided by operating activities     (98.8) (135.7)    
Segment Reconciling Items [Member]            
Assets [Abstract]            
Cash and cash equivalents 0.0   0.0      
Restricted cash 0.0   0.0      
Inventories:            
Construction in progress and finished homes 0.0   0.0      
Residential land and lots - developed and under development 40.7   40.7      
Land held for development 0.0   0.0      
Land held for sale 0.0   0.0      
Total inventories 40.7   40.7      
Investment in unconsolidated entities 14.8   14.8      
Mortgage loans held for sale 0.0   0.0      
Deferred income taxes 0.3   0.3      
Property and equipment, net 0.0   0.0      
Other Assets 18.7   18.7      
Goodwill 29.2   29.2      
Total assets 103.7   103.7      
Liabilities [Abstract]            
Accounts payable 0.0   0.0      
Accrued expenses and other liabilities (25.3)   (25.3)      
Notes payable 11.2   11.2      
Total liabilities (14.1)   (14.1)      
Revenues            
Home sales 0.0   0.0      
Land/lot sales and other 0.0   0.0      
Financial services 0.0   0.0      
Total revenues 0.0   0.0      
Cost of sales            
Home sales 0.0   0.0      
Land/lot sales and other 2.5   6.9      
Inventory and land option charges 0.0   0.0      
Total cost of sales 2.5   6.9      
Selling, General and Administrative Expense 0.1   0.3      
Equity in earnings of unconsolidated entities 1.1   6.4      
Gain on sale of assets 1.6   1.6      
Interest Expense 0.0   0.0      
Other (income) expense 0.0   0.0      
Income (loss) before income taxes (5.3)   (15.2)      
Depreciation and amortization     0.3      
Net cash (used in) provided by operating activities     (8.1)      
Intersegment Eliminations [Member]            
Assets [Abstract]            
Cash and cash equivalents 0.0   0.0      
Restricted cash 0.0   0.0      
Inventories:            
Construction in progress and finished homes 0.0   0.0      
Residential land and lots - developed and under development 2.4   2.4      
Land held for development 0.0   0.0      
Land held for sale 0.0   0.0      
Total inventories 2.4   2.4      
Investment in unconsolidated entities 0.0   0.0      
Mortgage loans held for sale 0.0   0.0      
Deferred income taxes 0.0   0.0      
Property and equipment, net 0.0   0.0      
Other Assets (23.0)   (23.0)      
Goodwill 0.0   0.0      
Total assets (20.6)   (20.6)      
Liabilities [Abstract]            
Accounts payable 0.0   0.0      
Accrued expenses and other liabilities (23.0)   (23.0)      
Notes payable 0.0   0.0      
Total liabilities (23.0)   (23.0)      
Revenues            
Home sales 0.0   0.0      
Land/lot sales and other (8.5)   (8.5)      
Financial services 0.0   0.0      
Total revenues (8.5)   (8.5)      
Cost of sales            
Home sales 0.0   0.0      
Land/lot sales and other (6.7)   (6.7)      
Inventory and land option charges 0.0   0.0      
Total cost of sales (6.7)   (6.7)      
Selling, General and Administrative Expense 0.0   0.0      
Equity in earnings of unconsolidated entities 0.0   0.0      
Gain on sale of assets 0.0   0.0      
Interest Expense (2.1)   (4.2)      
Other (income) expense 0.0   0.0      
Income (loss) before income taxes 0.3   2.4      
Depreciation and amortization     0.0      
Net cash (used in) provided by operating activities     0.0      
Homebuilding [Member]            
Assets [Abstract]            
Cash and cash equivalents 528.9   528.9   973.0  
Restricted cash 9.4   9.4   9.3  
Inventories:            
Construction in progress and finished homes 5,119.6   5,119.6   4,606.0  
Residential land and lots - developed and under development 4,595.2   4,595.2   4,519.7  
Land held for development 86.6   86.6   101.0  
Land held for sale 38.2   38.2   10.4  
Total inventories 9,839.6   9,839.6   9,237.1  
Investment in unconsolidated entities 0.0   0.0      
Mortgage loans held for sale 0.0   0.0   0.0  
Deferred income taxes 218.2   218.2   365.0  
Property and equipment, net 204.8   204.8   194.4  
Other Assets 543.6   543.6   518.7  
Goodwill 80.0   80.0   80.0  
Total assets 11,424.5   11,424.5   11,377.5  
Liabilities [Abstract]            
Accounts payable 568.9   568.9   575.6  
Accrued expenses and other liabilities 967.9   967.9   933.1  
Notes payable 2,623.1   2,623.1   2,451.6  
Total liabilities 4,159.9   4,159.9   3,960.3  
Revenues            
Home sales 3,672.1 3,158.1 6,856.6 5,955.8    
Land/lot sales and other 13.6 6.3 50.0 34.7    
Financial services 0.0 0.0 0.0 0.0    
Total revenues 3,685.7 3,164.4 6,906.6 5,990.5    
Cost of sales            
Home sales 2,907.5 2,532.1 5,429.0 4,776.9    
Land/lot sales and other 12.0 5.6 43.3 26.4    
Inventory and land option charges 30.1 12.2 33.8 14.5    
Total cost of sales 2,949.6 2,549.9 5,506.1 4,817.8    
Selling, General and Administrative Expense 322.7 294.5 627.5 562.9    
Equity in earnings of unconsolidated entities 0.0   0.0      
Gain on sale of assets 0.0   (13.4)      
Interest Expense 0.0   0.0      
Other (income) expense (2.6) (2.4) (3.4) (6.5)    
Income (loss) before income taxes 416.0 322.4 789.8 616.3    
Depreciation and amortization     26.3 25.0    
Net cash (used in) provided by operating activities     90.7 (240.4)    
Forestar Group [Member]            
Assets [Abstract]            
Cash and cash equivalents 436.4   436.4      
Restricted cash 40.0   40.0      
Inventories:            
Construction in progress and finished homes 0.0   0.0      
Residential land and lots - developed and under development 261.7   261.7      
Land held for development 0.0   0.0      
Land held for sale 0.0   0.0      
Total inventories 261.7   261.7      
Investment in unconsolidated entities 17.3   17.3      
Mortgage loans held for sale 0.0   0.0      
Deferred income taxes 1.4   1.4      
Property and equipment, net 1.8   1.8      
Other Assets 22.5   22.5      
Goodwill 0.0   0.0      
Total assets 781.1   781.1      
Liabilities [Abstract]            
Accounts payable 2.1   2.1      
Accrued expenses and other liabilities 59.2   59.2      
Notes payable 109.8   109.8      
Total liabilities 171.1   171.1      
Revenues            
Home sales 0.0   0.0      
Land/lot sales and other 22.6   53.5      
Financial services 0.0   0.0      
Total revenues 22.6   53.5      
Cost of sales            
Home sales 0.0   0.0      
Land/lot sales and other 16.2   35.5      
Inventory and land option charges 0.0   0.0      
Total cost of sales 16.2   35.5      
Selling, General and Administrative Expense 5.6   19.1      
Equity in earnings of unconsolidated entities (1.5)   (9.1)      
Gain on sale of assets (2.7)   (2.7)      
Interest Expense 2.1   4.2      
Other (income) expense (1.7)   (2.2)      
Income (loss) before income taxes 4.6   8.7      
Depreciation and amortization     2.5      
Net cash (used in) provided by operating activities     (150.2)      
Financial Services [Member]            
Assets [Abstract]            
Cash and cash equivalents 29.1   29.1   24.1  
Restricted cash 6.0   6.0   7.2  
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 0.0   0.0   0.0  
Investment in unconsolidated entities 0.0   0.0      
Mortgage loans held for sale 658.2   658.2   587.3  
Deferred income taxes 0.0   0.0   0.0  
Property and equipment, net 3.0   3.0   3.0  
Other Assets 42.0   42.0   42.2  
Goodwill 0.0   0.0   0.0  
Total assets 738.3   738.3   663.8  
Liabilities [Abstract]            
Accounts payable 3.0   3.0   1.5  
Accrued expenses and other liabilities 35.6   35.6   35.6  
Notes payable 489.8   489.8   420.0  
Total liabilities 528.4   528.4   457.1  
Revenues            
Home sales 0.0 0.0 0.0 0.0    
Land/lot sales and other 0.0 0.0 0.0 0.0    
Financial services 94.9 86.9 176.0 165.0    
Total revenues 94.9 86.9 176.0 165.0    
Cost of sales            
Home sales 0.0 0.0 0.0 0.0    
Land/lot sales and other 0.0 0.0 0.0 0.0    
Inventory and land option charges 0.0 0.0 0.0 0.0    
Total cost of sales 0.0 0.0 0.0 0.0    
Selling, General and Administrative Expense 66.7 58.2 128.4 112.9    
Equity in earnings of unconsolidated entities 0.0   0.0      
Gain on sale of assets 0.0   0.0      
Interest Expense 0.0   0.0      
Other (income) expense (3.2) (3.5) (6.1) (6.7)    
Income (loss) before income taxes 31.4 32.2 53.7 58.8    
Depreciation and amortization     0.7 0.7    
Net cash (used in) provided by operating activities     (30.7) 108.6    
Other Segments [Member]            
Assets [Abstract]            
Cash and cash equivalents 16.4   16.4   10.7  
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 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 0.0   0.0   0.0  
Investment in unconsolidated entities 0.0   0.0      
Mortgage loans held for sale 0.0   0.0   0.0  
Deferred income taxes 0.0   0.0   0.0  
Property and equipment, net 170.8   170.8   127.6  
Other Assets 3.9   3.9   5.0  
Goodwill 0.0   0.0   0.0  
Total assets 191.1   191.1   143.3  
Liabilities [Abstract]            
Accounts payable 8.7   8.7   3.3  
Accrued expenses and other liabilities 15.2   15.2   16.3  
Notes payable 0.0   0.0   0.0  
Total liabilities 23.9   23.9   19.6  
Revenues            
Home sales 0.0 0.0 0.0 0.0    
Land/lot sales and other 0.0 0.0 0.0 0.0    
Financial services 0.0 0.0 0.0 0.0    
Total revenues 0.0 0.0 0.0 0.0    
Cost of sales            
Home sales 0.0 0.0 0.0 0.0    
Land/lot sales and other 0.0 0.0 0.0 0.0    
Inventory and land option charges 0.0 0.0 0.0 0.0    
Total cost of sales 0.0 0.0 0.0 0.0    
Selling, General and Administrative Expense 5.8 2.5 9.8 5.2    
Equity in earnings of unconsolidated entities 0.0   0.0      
Gain on sale of assets 0.0   0.0      
Interest Expense 0.0   0.0      
Other (income) expense (3.6) (1.8) (6.5) (2.2)    
Income (loss) before income taxes (2.2) (0.7) (3.3) (3.0)    
Depreciation and amortization     3.3 1.6    
Net cash (used in) provided by operating activities     (0.5) (3.9)    
East [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 1,188.2   1,188.2   1,068.9  
Revenues            
Total revenues 435.8 372.6 828.9 678.6    
Cost of sales            
Inventory and land option charges 0.7 6.2 0.6 6.5    
Income (loss) before income taxes 46.7 25.9 91.7 52.2    
Midwest [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 545.6   545.6   492.6  
Revenues            
Total revenues 203.6 168.7 365.0 319.8    
Cost of sales            
Inventory and land option charges 0.2 0.2 0.4 0.3    
Income (loss) before income taxes 18.7 0.7 32.0 10.9    
Southeast [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 2,597.3   2,597.3   2,392.3  
Revenues            
Total revenues 1,042.0 969.0 2,030.6 1,852.4    
Cost of sales            
Inventory and land option charges 25.1 0.9 26.2 1.6    
Income (loss) before income taxes 96.3 113.1 218.8 212.7    
South Central [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 2,326.2   2,326.2   2,199.4  
Revenues            
Total revenues 919.0 815.4 1,727.8 1,572.3    
Cost of sales            
Inventory and land option charges 0.6 1.6 1.9 1.9    
Income (loss) before income taxes 120.5 105.8 222.0 202.3    
Southwest [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 536.9   536.9   506.1  
Revenues            
Total revenues 172.1 126.7 328.5 235.2    
Cost of sales            
Inventory and land option charges 0.0 0.1 0.8 0.1    
Income (loss) before income taxes 22.0 7.2 36.7 11.2    
West [Member] | Homebuilding [Member]            
Inventories:            
Total inventories 2,415.9   2,415.9   2,352.5  
Revenues            
Total revenues 913.2 712.0 1,625.8 1,332.2    
Cost of sales            
Inventory and land option charges 3.5 3.2 3.9 4.1    
Income (loss) before income taxes 111.8 $ 69.7 188.6 $ 127.0    
Corporate, Non-Segment [Member] | Homebuilding [Member]            
Inventories:            
Total inventories $ 229.5   $ 229.5   $ 225.3