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Supplemental Cash Flow Information
6 Months Ended
Jun. 30, 2017
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

NOTE 10 - SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the six months ended June 30, 2017 and 2016 was $8,046,864 and $8,652,552, respectively. Interest cost capitalized to Land Development was $237,648 and $168,948 for the six months ended June 30, 2017 and 2016, respectively.

 

During the six months ended June 30, 2017 and 2016, the Company had Dividend Reinvestments of $1,386,320 and $1,109,078, respectively, which required no cash transfers.