Assets Held for Sale and Real Estate Sales
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9 Months Ended |
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Sep. 30, 2013
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Assets Held for Sale and Real Estate Sales | |
Assets Held for Sale and Real Estate Sales | 4. Assets Held for Sale and Real Estate Sales
At September 30, 2013, assets held for sale included a 10-acre parcel in West Maui. At December 31, 2012, assets held for sale included a 7-acre parcel in Central Maui and a 630-acre parcel in Upcountry Maui.
In June 2013, the Company sold a 7-acre parcel that was the last of its former agricultural processing facilities in Central Maui for $4.0 million. The sale resulted in a gain of $1.9 million and has been reflected in discontinued operations.
In January 2012, the Company sold an 89-acre former agricultural parcel in Upcountry Maui for $1.5 million. The sale resulted in a gain of $1.4 million.
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