Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Property and equipment

The Company’s property and equipment balances and the related accumulated depreciation at September 30, 2019 and 2018 were as follows:

	September 30,
	2019			2018
	(In millions)
Buildings and improvements (1) (2)	$	329.4		$	292.3
Multi-family rental properties under construction	65.2			54.1
Model home furniture	128.3			127.8
Office furniture and equipment	128.6			107.8
Land (1) (2)	71.6			63.8
Total property and equipment	$	723.1		$	645.8
Accumulated depreciation	(260.9		)	(244.7		)
Property and equipment, net	$	462.2		$	401.1

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(1) At September 30, 2019, buildings and improvements included $50.7 million related to completed multi-family rental properties and $56.9 million related to the Company’s oil and gas related assets. Additionally, land included $38.0 million related to the Company’s multi-family rental operations.

(2)

At September 30, 2018, buildings and improvements included $87.3 million related to completed multi-family rental properties and land included $36.7 million related to the Company’s multi-family rental operations.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The Company’s allocation of the aggregate purchase price of these transactions was based on the estimated fair value of the assets and liabilities acquired as follows (in millions):

Inventories	$	265.5
Other assets	23.3
Goodwill	54.3
Intangible assets	8.6
Other liabilities	(25.8		)
Net assets acquired	$	325.9

Goodwill by reporting segment

The Company’s goodwill balances by reporting segment were as follows:

	September 30,
	2019		2018
	(In millions)
East	$	26.4	$	21.8
Midwest	49.7		—
Southeast	40.1		40.1
South Central	15.9		15.9
Southwest	—		—
West	2.2		2.2
Forestar	29.2		29.2
Total goodwill	$	163.5	$	109.2