Real Estate Held for Sale

3 Months Ended

Dec. 31, 2014

Notes to Financial Statements

Real Estate Held for Sale

(10) Real Estate Held for Sale. The sale of phase two of the Windlass Run residential property is scheduled to close in August of 2015 for $11 million. The book value of the property was $4,609,000 as of December 31, 2014 and was classified as real estate held for sale as of December 31, 2014.