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SUPPLEMENTAL CASH FLOW INFORMATION
9 Months Ended
Sep. 30, 2026
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, 2026 and 2025 was $30.0 million and $23.2 million, respectively. Interest cost capitalized to land development was $4.8 million and $4.4 million for the nine months ended September 30, 2026 and 2025, respectively.

 

During the nine months ended September 30, 2026 and 2025, stock compensation of $914,000 and $2.8 million, respectively, was capitalized to land development.

 

During the nine months ended September 30, 2026 and 2025, compensation for payroll and related benefits of $3.8 million and $2.7 million, respectively, was capitalized to land development.

 

During the nine months ended September 30, 2026 and 2025, the Company had Dividend Reinvestments of $3.1 million and $2.6 million, respectively, which required no cash transfers.