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Notes Payable (Tables)
9 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of notes payable at principal amounts, net of unamortized discounts
The Company’s notes payable at their carrying amounts consist of the following:

June 30,
2024
September 30,
2023
 (In millions)
Homebuilding
Unsecured:
Revolving credit facility$— $— 
2.5% senior notes due 2024 (1)
499.7 499.0 
2.6% senior notes due 2025 (1)
498.8 498.0 
1.3% senior notes due 2026 (1)
597.4 596.6 
1.4% senior notes due 2027 (1)
497.2 496.5 
Secured notes164.7 239.8 
2,257.8 2,329.9 
Rental
Unsecured revolving credit facility1,030.0 400.0 
Secured notes5.7 — 
1,035.7 400.0 
Forestar
Unsecured:
Revolving credit facility— — 
3.85% senior notes due 2026 (2)
398.2 397.4 
5.0% senior notes due 2028 (2)
298.0 297.6 
Secured notes9.9 — 
706.1 695.0 
Financial Services
Mortgage repurchase facilities:
Committed facility1,194.5 1,373.3 
Uncommitted facility496.9 296.3 
1,691.4 1,669.6 
Total notes payable (3)
$5,691.0 $5,094.5 
_____________
(1)Debt issuance costs that were deducted from the carrying amounts of the homebuilding senior notes totaled $5.9 million and $8.4 million at June 30, 2024 and September 30, 2023, respectively.
(2)Debt issuance costs that were deducted from the carrying amount of Forestar’s senior notes totaled $3.8 million and $5.0 million at June 30, 2024 and September 30, 2023, respectively.
(3)The fair value of notes payable at June 30, 2024 totaled $5.5 billion, of which $2.6 billion were measured using Level 2 inputs and $2.9 billion were measured using Level 3 inputs. The fair value of notes payable at September 30, 2023 totaled $4.8 billion, of which $2.5 billion were measured using Level 2 inputs and $2.3 billion were measured using Level 3 inputs.