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SUPPLEMENTAL CASH FLOW INFORMATION
9 Months Ended
Sep. 30, 2024
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 11 – SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the nine months ended September 30, 2024 and 2023 was $23.5 million and $27.2 million, respectively. Interest cost capitalized to land development was $4.1 million for the nine months ended September 30, 2024 and 2023, respectively.

 

During the nine months ended September 30, 2024 and 2023, the Company had Dividend Reinvestments of $2.4 million and $2.0 million, respectively, which required no cash transfers.