XML 35 R21.htm IDEA: XBRL DOCUMENT v3.22.0.1
SUPPLEMENTAL CASH FLOW INFORMATION
12 Months Ended
Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 15 – SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the years ended December 31, 2021, 2020 and 2019 was $19.7 million, $18.3 million and $18.4 million, respectively. Interest cost capitalized to land development during the years ended December 31, 2021, 2020 and 2019 was $1.5 million, $1.3 million and $1.5 million, respectively.

 

During the years ended December 31, 2020 and 2019, the Company assumed mortgages totaling $2.7 million and $19.4 million, respectively, for the acquisition of communities.

 

During the years ended December 31, 2021, 2020 and 2019, land development costs of $25.9 million, $14.4 million and $19.7 million, respectively were transferred to investment property and equipment and placed in service.

 

During the years ended December 31, 2021, 2020 and 2019, the Company had dividend reinvestments of $3.5 million, $3.2 million and $7.7 million, respectively which required no cash transfers.