XML 56 R45.htm IDEA: XBRL DOCUMENT v3.5.0.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Potential Land Sales Transactions

As of October 28, 2016, the Company’s pipeline of potential land sales transactions included the following eight definitive purchase and sale agreements with seven different buyers, representing approximately 39% of our land holdings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract

 

Price

 

 

 

 

 

 

No. of

 

Amount

 

per Acre

 

Estimated

 

    

Contract (or Buyer) / Parcel

    

Acres

    

($000's)

    

($000's)

 

Timing

1

 

Commercial/Retail

 

4

 

$

1,175

 

$

294,000

 

'18

2

 

Mixed-Use Retail

 

22

 

 

5,574

 

 

253,000

 

'17

3

 

Mixed-Use Retail (NADG)

 

82

 

 

20,187

 

 

248,000

 

'17 - '18

4

 

Commercial/Retail

 

6

 

 

1,470

 

 

245,000

 

'17

5

 

AR Residential (Minto)

 

1,581

 

 

28,651

 

 

18,000

 

'16 - '17

6

 

AR Residential (Minto)

 

1,686

 

 

31,360

 

 

19,000

 

'18 - '19

7

 

SF Residential (ICI)

 

600

 

 

9,000

 

 

15,000

 

'16 - '17

8

 

SF Residential

 

73

 

 

1,050

 

 

14,000

 

'17

 

 

Total

 

4,054

 

$

98,467

 

$

24,000