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Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Sep. 30, 2020
Assets [Abstract]          
Cash and cash equivalents $ 2,205.2   $ 2,205.2   $ 3,018.5
Restricted cash 26.7   26.7   21.6
Inventories:          
Construction in progress and finished homes 7,300.1   7,300.1   5,984.1
Residential land and lots — developed and under development 7,066.1   7,066.1   6,171.8
Land held for development 86.0   86.0   53.2
Land held for sale 24.1   24.1   28.3
Total inventories 14,476.3   14,476.3   12,237.4
Mortgage loans held for sale 1,755.8   1,755.8   1,529.0
Deferred income taxes, net 142.8   142.8   144.9
Property and equipment, net 895.0   895.0   683.7
Other assets 1,418.5   1,418.5   1,113.7
Goodwill 163.5   163.5   163.5
Total assets 21,083.8   21,083.8   18,912.3
Liabilities [Abstract]          
Accounts payable 1,137.4   1,137.4   900.5
Accrued expenses and other liabilities 2,198.1   2,198.1   1,607.0
Notes payable 4,472.3   4,472.3   4,283.3
Total liabilities 7,807.8   7,807.8   6,790.8
Revenues          
Total revenues 6,446.9 $ 4,500.0 12,380.3 $ 8,520.7  
Inventory and land option charges 3.8 8.9 12.1 12.8  
Cost of sales 4,650.9 3,450.8 8,983.5 6,535.0  
Selling, General and Administrative Expense 621.5 466.8 1,207.4 922.6  
Gain on sale of assets 0.0 (28.5) (14.0) (59.5)  
Other (income) expense (5.4) (10.4) (10.8) (21.9)  
Income (loss) before income taxes 1,179.9 621.3 2,214.2 1,144.5  
Depreciation and amortization     39.3 38.8  
Net cash used in operating activities     (154.9) (395.1)  
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 (77.3)   (77.3)   (53.4)
Residential land and lots — developed and under development (41.4)   (41.4)   (33.9)
Land held for development 0.0   0.0   0.0
Land held for sale 0.0   0.0   0.0
Total inventories (118.7)   (118.7)   (87.3)
Mortgage loans held for sale 0.0   0.0   0.0
Deferred income taxes, net (0.7)   (0.7)   2.6
Property and equipment, net (6.1)   (6.1)   (3.0)
Other assets (105.5)   (105.5)   (96.1)
Goodwill 29.2   29.2   29.2
Total assets (201.8)   (201.8)   (154.6)
Liabilities [Abstract]          
Accounts payable 0.0   0.0   0.0
Accrued expenses and other liabilities (151.7)   (151.7)   (128.1)
Notes payable (2.7)   (2.7)   (4.8)
Total liabilities (154.4)   (154.4)   (132.9)
Revenues          
Total revenues (268.3) (151.9) (562.5) (373.2)  
Inventory and land option charges 0.0 0.0 0.0 0.0  
Cost of sales (250.8) (141.4) (528.0) (342.3)  
Selling, General and Administrative Expense 0.1 0.1 0.2 0.2  
Gain on sale of assets   0.0 0.0 0.0  
Other (income) expense 0.0 0.0 (0.7) 0.0  
Income (loss) before income taxes (17.6) (10.6) (34.0) (31.1)  
Depreciation and amortization     0.3 0.3  
Net cash used in operating activities     (15.3) (16.8)  
Financial Services [Member]          
Assets [Abstract]          
Cash and cash equivalents 94.7   94.7   55.6
Restricted cash 12.4   12.4   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
Total inventories 0.0   0.0   0.0
Mortgage loans held for sale 1,755.8   1,755.8   1,529.0
Deferred income taxes, net 0.0   0.0   0.0
Property and equipment, net 3.5   3.5   3.9
Other assets 188.9   188.9   125.8
Goodwill 0.0   0.0   0.0
Total assets 2,055.3   2,055.3   1,726.2
Liabilities [Abstract]          
Accounts payable 0.0   0.0   0.0
Accrued expenses and other liabilities 195.4   195.4   86.8
Notes payable 1,203.5   1,203.5   1,132.6
Total liabilities 1,398.9   1,398.9   1,219.4
Revenues          
Total revenues 225.1 104.5 412.3 207.4  
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 123.7 85.9 233.3 163.8  
Gain on sale of assets   0.0 0.0 0.0  
Other (income) expense (6.3) (6.1) (12.8) (11.6)  
Income (loss) before income taxes 107.7 24.7 191.8 55.2  
Depreciation and amortization     0.8 0.8  
Net cash used in operating activities     (32.3) (312.1)  
Forestar Group [Member]          
Assets [Abstract]          
Cash and cash equivalents 167.2   167.2   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 1,643.1   1,643.1   1,304.3
Land held for development 55.5   55.5   5.4
Land held for sale 0.0   0.0   0.0
Total inventories 1,698.6   1,698.6   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 2.0   2.0   1.1
Other assets 31.1   31.1   34.8
Goodwill 0.0   0.0   0.0
Total assets 1,898.9   1,898.9   1,739.9
Liabilities [Abstract]          
Accounts payable 39.8   39.8   29.2
Accrued expenses and other liabilities 260.0   260.0   197.8
Notes payable 654.6   654.6   641.1
Total liabilities 954.4   954.4   868.1
Revenues          
Total revenues 287.1 159.1 594.2 406.4  
Inventory and land option charges 0.6 0.1 0.9 0.4  
Cost of sales 233.8 136.6 496.7 353.2  
Selling, General and Administrative Expense 16.3 11.2 31.8 21.7  
Gain on sale of assets   (0.3) 0.0 (0.1)  
Other (income) expense (0.6) (2.1) (1.1) (4.2)  
Income (loss) before income taxes 37.6 13.7 66.8 35.8  
Depreciation and amortization     0.2 0.1  
Net cash used in operating activities     (249.5) (123.8)  
Other Segments [Member]          
Assets [Abstract]          
Cash and cash equivalents 56.1   56.1   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 0.0   0.0   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 432.4   432.4   308.9
Other assets 58.7   58.7   52.8
Goodwill 0.0   0.0   0.0
Total assets 547.5   547.5   379.4
Liabilities [Abstract]          
Accounts payable 19.6   19.6   12.0
Accrued expenses and other liabilities 13.2   13.2   12.2
Notes payable 0.0   0.0   0.0
Total liabilities 32.8   32.8   24.2
Revenues          
Total revenues 15.3 9.5 30.0 18.3  
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 11.9 7.8 21.5 16.7  
Gain on sale of assets   (28.2) (0.9) (59.4)  
Other (income) expense 3.3 1.9 7.1 3.5  
Income (loss) before income taxes 0.1 28.0 2.3 57.5  
Depreciation and amortization     8.0 3.9  
Net cash used in operating activities     4.2 5.5  
HomeBuildingMember          
Assets [Abstract]          
Cash and cash equivalents 1,887.2   1,887.2   2,551.1
Restricted cash 14.0   14.0   9.5
Inventories:          
Construction in progress and finished homes 7,377.4   7,377.4   6,037.5
Residential land and lots — developed and under development 5,464.4   5,464.4   4,901.4
Land held for development 30.5   30.5   47.8
Land held for sale 24.1   24.1   28.3
Total inventories 12,896.4   12,896.4   11,015.0
Mortgage loans held for sale 0.0   0.0   0.0
Deferred income taxes, net 143.5   143.5   142.3
Property and equipment, net 463.2   463.2   372.8
Other assets 1,245.3   1,245.3   996.4
Goodwill 134.3   134.3   134.3
Total assets 16,783.9   16,783.9   15,221.4
Liabilities [Abstract]          
Accounts payable 1,078.0   1,078.0   859.3
Accrued expenses and other liabilities 1,881.2   1,881.2   1,438.3
Notes payable 2,616.9   2,616.9   2,514.4
Total liabilities 5,576.1   5,576.1   4,812.0
Revenues          
Total revenues 6,187.7 4,378.8 11,906.3 8,261.8  
Inventory and land option charges 3.2 8.8 11.2 12.4  
Cost of sales 4,667.9 3,455.6 9,014.8 6,524.1  
Selling, General and Administrative Expense 469.5 361.8 920.6 720.2  
Gain on sale of assets   0.0 (13.1) 0.0  
Other (income) expense (1.8) (4.1) (3.3) (9.6)  
Income (loss) before income taxes 1,052.1 565.5 1,987.3 1,027.1  
Depreciation and amortization     30.0 33.7  
Net cash used in operating activities     138.0 52.1  
East [Member] | HomeBuildingMember          
Inventories:          
Total inventories 1,518.8   1,518.8   1,328.3
Revenues          
Total revenues 861.5 579.7 1,670.7 1,100.2  
Inventory and land option charges 0.7 (0.5) 1.3 (0.3)  
Income (loss) before income taxes 146.0 73.3 278.5 133.2  
Midwest [Member] | HomeBuildingMember          
Inventories:          
Total inventories 1,113.5   1,113.5   958.5
Revenues          
Total revenues 468.4 308.7 881.5 591.3  
Inventory and land option charges 0.2 1.4 0.3 1.5  
Income (loss) before income taxes 60.9 23.6 110.1 42.3  
Southeast [Member] | HomeBuildingMember          
Inventories:          
Total inventories 3,305.9   3,305.9   2,919.9
Revenues          
Total revenues 2,054.9 1,316.7 3,833.3 2,467.3  
Inventory and land option charges 1.1 2.8 7.8 4.2  
Income (loss) before income taxes 376.7 187.8 682.5 333.9  
South Central [Member] | HomeBuildingMember          
Inventories:          
Total inventories 3,477.8   3,477.8   2,879.9
Revenues          
Total revenues 1,504.1 1,066.4 2,979.0 2,025.1  
Inventory and land option charges 0.4 2.9 0.6 4.4  
Income (loss) before income taxes 266.8 156.2 531.5 288.9  
Southwest [Member] | HomeBuildingMember          
Inventories:          
Total inventories 888.1   888.1   695.8
Revenues          
Total revenues 243.1 199.7 475.7 410.7  
Inventory and land option charges 0.3 0.0 0.4 0.1  
Income (loss) before income taxes 39.5 30.8 78.1 65.3  
West [Member] | HomeBuildingMember          
Inventories:          
Total inventories 2,376.9   2,376.9   2,009.1
Revenues          
Total revenues 1,055.7 907.6 2,066.1 1,667.2  
Inventory and land option charges 0.5 2.2 0.8 2.5  
Income (loss) before income taxes 162.2 93.8 306.6 163.5  
Corporate, Non-Segment [Member] | HomeBuildingMember          
Inventories:          
Total inventories 215.4   215.4   223.5
Multifamily [Member] | Other Segments [Member]          
Inventories:          
Total assets 394.4   394.4   $ 246.2
Land [Member]          
Revenues          
Home sales 51.4 32.2 98.9 86.7  
Cost of Goods and Services Sold 30.7 17.4 57.6 52.9  
Land [Member] | Intersegment Eliminations [Member]          
Revenues          
Home sales (268.3) (151.9) (562.5) (373.2)  
Cost of Goods and Services Sold (215.2) (130.4) (464.7) (324.6)  
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 287.1 159.1 594.2 406.4  
Cost of Goods and Services Sold 233.2 136.5 495.8 352.8  
Land [Member] | Other Segments [Member]          
Revenues          
Home sales 15.3 9.5 30.0 18.3  
Cost of Goods and Services Sold 0.0 0.0 0.0 0.0  
Land [Member] | HomeBuildingMember          
Revenues          
Home sales 17.3 15.5 37.2 35.2  
Cost of Goods and Services Sold 12.7 11.3 26.5 24.7  
HomeBuildingMember          
Revenues          
Home sales 6,170.4 4,363.3 11,869.1 8,226.6  
Cost of Goods and Services Sold 4,616.4 3,424.5 8,913.8 6,469.3  
HomeBuildingMember | Intersegment Eliminations [Member]          
Revenues          
Home sales 0.0 0.0 0.0 0.0  
Cost of Goods and Services Sold (35.6) (11.0) (63.3) (17.7)  
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 6,170.4 4,363.3 11,869.1 8,226.6  
Cost of Goods and Services Sold 4,652.0 3,435.5 8,977.1 6,487.0  
Financial Services [Member]          
Revenues          
Home sales 225.1 104.5 412.3 207.4  
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 225.1 104.5 412.3 207.4  
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