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SUPPLEMENTAL CASH FLOW INFORMATION
3 Months Ended
Mar. 31, 2021
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 10 - SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the three months ended March 31, 2021 and 2020 was $5.0 million and $4.5 million, respectively. Interest cost capitalized to land development was $338,000 and $290,000 for the three months ended March 31, 2021 and 2020, respectively.

 

During the three months ended March 31, 2021 and 2020, the Company had Dividend Reinvestments of $920,000 and $904,000, respectively, which required no cash transfers.