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Supplemental Cash Flow Information
3 Months Ended
Mar. 31, 2018
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

NOTE 9 - SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the three months ended March 31, 2018 and 2017 was $3,762,503 and $3,929,454, respectively. Interest cost capitalized to Land Development was $307,197 and $113,630 for the three months ended March 31, 2018 and 2017, respectively.

 

During the three months ended March 31, 2018 and 2017, the Company had Dividend Reinvestments of $694,400 and $681,504, respectively, which required no cash transfers.