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SUPPLEMENTAL CASH FLOW INFORMATION
6 Months Ended
Jun. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 11– SUPPLEMENTAL CASH FLOW INFORMATION

 

Cash paid for interest during the six months ended June 30, 2026 and 2025 was $19.7 million and $14.1 million, respectively. Interest cost capitalized to land development was $2.9 million and $2.5 million for the six months ended June 30, 2026 and 2025, respectively.

 

During the six months ended June 30, 2026 and 2025, stock compensation of $672,000 and $2.9 million, respectively, was capitalized to land development.

 

During the six months ended June 30, 2026 and 2025, compensation for payroll and related benefits of $2.5 million and $2.4 million, respectively, was capitalized to land development.

 

During the six months ended June 30, 2026 and 2025, the Company had Dividend Reinvestments of $2.0 million and $1.7 million, respectively, which required no cash transfers.