10-Q Filing

HORTON D R INC /DE/ CIK: 882184 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000882184-23-000015`
Period End Date	20221231
Filing Date	20230125
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	dhi-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 26 Cash Flow Statement 84 Stockholders Equity 24

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.54B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.59B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$21.40M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$32.40M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.46B	USD	Point-in-time
Construction in progress and finished homes	`InventoryHomesUnderConstruction`	$9.51B	USD	Point-in-time
Construction in progress and finished homes	`InventoryHomesUnderConstruction`	$9.80B	USD	Point-in-time
Residential land and lots developed and under development	`InventoryRealEstateLandAndLandDevelopmentCosts`	$9.17B	USD	Point-in-time
Residential land and lots developed and under development	`InventoryRealEstateLandAndLandDevelopmentCosts`	$9.90B	USD	Point-in-time
Land held for development	`InventoryLandHeldForDevelopmentAndSale`	$110.80M	USD	Point-in-time
Land held for development	`InventoryLandHeldForDevelopmentAndSale`	$108.60M	USD	Point-in-time
Land held for sale	`InventoryLandHeldForSale`	$29.40M	USD	Point-in-time
Land held for sale	`InventoryLandHeldForSale`	$29.50M	USD	Point-in-time
Rental properties	`InventoryOperativeBuildersOther`	$2.54B	USD	Point-in-time
Rental properties	`InventoryOperativeBuildersOther`	$2.90B	USD	Point-in-time
Total inventories	`InventoryRealEstate`	$21.66B	USD	Point-in-time
Total inventories	`InventoryRealEstate`	$22.45B	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$1.78B	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$2.39B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$137.90M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$141.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$501.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$471.60M	USD	Point-in-time
Other assets	`OtherAssets`	$2.62B	USD	Point-in-time
Other assets	`OtherAssets`	$2.96B	USD	Point-in-time
Goodwill	`Goodwill`	$163.50M	USD	Point-in-time
Goodwill	`Goodwill`	$163.50M	USD	Point-in-time
Total assets	`Assets`	$30.35B	USD	Point-in-time
Total assets	`Assets`	$30.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$1.36B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$1.21B	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$3.14B	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$2.82B	USD	Point-in-time
Notes payable	`NotesPayable`	$5.69B	USD	Point-in-time
Notes payable	`NotesPayable`	$6.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.57B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.71B	USD	Point-in-time
Commitments and contingencies (Note K)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note K)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 1,000,000,000 shares authorized, 399,882,765 shares issued and 343,278,561 shares outstanding at December 31, 2022 and 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 2022	`CommonStockValue`	$4.00M	USD	Point-in-time
Common stock, $.01 par value, 1,000,000,000 shares authorized, 399,882,765 shares issued and 343,278,561 shares outstanding at December 31, 2022 and 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 2022	`CommonStockValue`	$4.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.35B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.06B	USD	Point-in-time
Treasury stock, 56,604,204 shares and 55,219,914 shares at December 31, 2022 and September 30, 2022, respectively, at cost	`TreasuryStockValue`	$3.14B	USD	Point-in-time
Treasury stock, 56,604,204 shares and 55,219,914 shares at December 31, 2022 and September 30, 2022, respectively, at cost	`TreasuryStockValue`	$3.26B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$20.15B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$19.40B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$399.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$389.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$30.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$30.26B	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$7.05B	USD	1 Quarter
Revenues	`Revenues`	$7.26B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.91B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$5.29B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$737.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$665.90M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$15.50M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$37.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.27B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.50B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$351.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$298.90M	USD	1 Quarter
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.20M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.60M	USD	1 Quarter
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$958.70M	USD	1 Quarter
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$1.14B	USD	1 Quarter
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$2.79	USD	1 Quarter
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$3.21	USD	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	356.10M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	344.20M	shares	1 Quarter
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$2.76	USD	1 Quarter
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$3.17	USD	1 Quarter
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	360.10M	shares	1 Quarter
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	346.90M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Deferred Tax Assets, Valuation Allowance	`DeferredTaxAssetsValuationAllowance`	$17.90M	USD	Point-in-time
Deferred Tax Assets, Valuation Allowance	`DeferredTaxAssetsValuationAllowance`	$17.90M	USD	Point-in-time
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.40M	USD	1 Quarter
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.80M	USD	1 Quarter
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$22.90M	USD	1 Quarter
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$23.70M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-3.20M	USD	1 Quarter
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-17.70M	USD	1 Quarter
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$27.50M	USD	1 Quarter
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$4.80M	USD	1 Quarter
Common Stock, Shares, Issued	`CommonStockSharesIssued`	399.88M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	399.17M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	343.95M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	343.28M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	56.60M	shares	Point-in-time
Decrease (increase) in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$1.00B	USD	1 Quarter
Treasury Stock, Shares	`TreasuryStockShares`	55.22M	shares	Point-in-time
Decrease (increase) in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$-320.70M	USD	1 Quarter
Increase in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$637.50M	USD	1 Quarter
Increase in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$340.70M	USD	1 Quarter
Increase in rental properties	`IncreaseDecreaseInRentalProperties`	$357.00M	USD	1 Quarter
Increase in rental properties	`IncreaseDecreaseInRentalProperties`	$319.50M	USD	1 Quarter
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-330.20M	USD	1 Quarter
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$221.80M	USD	1 Quarter
Decrease in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$-194.00M	USD	1 Quarter
Decrease in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$-603.30M	USD	1 Quarter
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-472.30M	USD	1 Quarter
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$306.20M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-174.10M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$829.10M	USD	1 Quarter
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.50M	USD	1 Quarter
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.90M	USD	1 Quarter
Payments related to business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$97.10M	USD	1 Quarter
Payments related to business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.70M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.50M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.90M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$300.00M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$600.00K	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$300.00M	USD	1 Quarter
Payments on mortgage repurchase facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-404.40M	USD	1 Quarter
Payments on mortgage repurchase facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-234.60M	USD	1 Quarter
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$17.20M	USD	1 Quarter
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.50M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.00M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$80.10M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$86.10M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$118.10M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$303.80M	USD	1 Quarter
Net proceeds from issuance of Forestar common stock	`ProceedsFromIssuanceOfCommonStock`	$100.00K	USD	1 Quarter
Net proceeds from issuance of Forestar common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$62.80M	USD	1 Quarter
Net other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.80M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-572.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-646.60M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-772.60M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$39.60M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.46B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.46B	USD	Point-in-time
Notes payable issued for inventory	`NotesIssued1`	$64.30M	USD	1 Quarter
Notes payable issued for inventory	`NotesIssued1`	$31.20M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssued1`	$66.20M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssued1`	$46.90M	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.80M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.90M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.40M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.70M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$86.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$80.10M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$278.20M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$118.10M	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	$1.80M	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	-	USD	1 Quarter
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.