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Note 4 - Real Estate Under Development | 6 Months Ended
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Jun. 30, 2019
Notes to Financial Statements |
Real Estate Under Development [Text Block] | 4. Real Estate Under Development The Company is engaged in various real estate development projects for long-term investment. The costs incurred to date for these real estate development projects are as follows (in thousands):
Property Name | Location |  | June 30, 201 9 |  |  | December 31, 2018 |
Dania Pointe – Phases II, III and IV | Dania Beach, FL |  | $ | 203,871 |  |  | $ | 152,111 |
Mill Station | Owings Mills, MD |  |  | 67,243 |  |  |  | 55,771 |
Promenade at Christiana (1) | New Castle, DE |  |  | 33,510 |  |  |  | 33,502 |
Total* |  | $ | 304,624 |  |  | $ | 241,384 |
* Includes capitalized costs of interest, real estate taxes, insurance, legal costs and payroll of $30.1 million and $24.9 million, as of June 30, 2019 and December 31, 2018, respectively.
| (1) | Project to be developed in the future.
During the six months ended June 30, 2019, the Company capitalized (i) interest of $4.1 million, (ii) real estate taxes, insurance and legal costs of $0.4 million, and (iii) payroll of $0.7 million in connection with its real estate development projects.

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