XML 35 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information

NOTE 14 – SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the years ended December 31, 2018, 2017 and 2016 was $16,439,700, $15,656,251 and $15,058,016, respectively.

 

During the years ended December 31, 2018 and 2017, the Company assumed mortgages totaling $4,624,300 and $2,418,198, respectively for the acquisition of communities.

 

During the years ended December 31, 2018, 2017 and 2016, land development costs of $10,107,951, $7,832,450 and $170,925, respectively were transferred to investment property and equipment and placed in service.

 

During the years ended December 31, 2018, 2017 and 2016, the Company had dividend reinvestments of $5,075,547, $2,859,174 and $2,388,552, respectively which required no cash transfers.