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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended 24 Months Ended
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2018
Cash Flow from Operating Activities:                
Net Income $ 11,796,411 $ 10,912,299 $ 24,327,224 $ 12,746,392 $ 37,167,790 $ 41,719,424 $ 16,199,414  
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:                
Depreciation and Amortization         16,135,502 12,663,959 8,195,417  
Amortization of Intangible Liabilities to Income Property Revenue         (2,338,531) (2,193,957) (2,240,008)  
Loan Cost Amortization         495,438 509,263 828,075  
Amortization of Discount on Convertible Debt         1,273,436 1,194,714 1,120,859  
Gain on Disposition of Property, Plant, and Equipment and Intangible Assets   (3,650,858) (304)   (22,035,666) (38) (12,758,770)  
Impairment Charges         1,119,362 0 2,180,730  
Discount Accretion on Commercial Loan Investments         (34,768)      
Accretion of Commercial Loan Origination Fees           (25,232) (164,893)  
Amortization of Fees on Acquisition of Commercial Loan Investments             36,382  
Discount on Commercial Loan Investment Payoff             217,500  
Realized Loss on Investment Securities             575,567  
Deferred Income Taxes         12,589,970 (8,953,981) 11,658,864  
Non-Cash Compensation         1,684,250 1,437,223 3,178,883  
Decrease (Increase) in Assets:                
Refundable Income Taxes         891,556 (172,589) (85,520)  
Land and Development Costs         5,477,221 12,477,581 422,020  
Impact Fees and Mitigation Credits         663,229 1,197,637 2,231,321  
Other Assets         (522,436) (3,502,041) (4,128,648)  
Increase (Decrease) in Liabilities:                
Accounts Payable         (630,667) 362,411 (416,312)  
Accrued and Other Liabilities         (4,357,411) 792,629 (29,492)  
Deferred Revenue         1,077,185 38,793 (12,732,944)  
Net Cash Provided By Operating Activities         48,655,460 57,545,796 14,288,445  
Cash Flow from Investing Activities:                
Acquisition of Property, Plant, and Equipment and Intangible Lease Assets and Liabilities         (109,394,481) (94,627,373) (42,623,497)  
Acquisition of Property, Plant, and Equipment and Intangible Lease Assets and Liabilities through Business Combinations             (49,926,604)  
Acquisition of Commercial Loan Investments           (2,940,000)    
Acquisition of Land         (4,702,243)   (4,778,790)  
Cash Contribution for Interest in Joint Venture         (2,137,018)      
Proceeds from Sale of Investment Securities             6,252,362  
Proceeds from Disposition of Property, Plant, and Equipment         26,377,525   49,170,314  
Principal Payments Received on Commercial Loan Investments         11,960,467 15,000,000 14,282,500  
Net Cash Used In Investing Activities         (77,895,750) (82,567,373) (27,623,715)  
Cash Flow from Financing Activities:                
Proceeds from Long-Term Debt         106,300,000 63,500,000 70,050,000  
Payments on Long-Term Debt         (55,996,954) (35,100,000) (49,050,000)  
Cash Paid for Loan Fees         (263,473) (532,814) (400,586)  
Cash Proceeds from Exercise of Stock Options and Stock Issuance         437,081 1,188,069 157,197  
Contributions from Noncontrolling Interest in Consolidated VIE             102,844  
Cash Used to Purchase Common Stock         (9,837,242) (7,209,454) (7,431,896)  
Cash from Excess Tax Benefit (Expense) from Vesting of Restricted Stock             299,845  
Cash Paid for Vesting of Restricted Stock         (498,374) (394,254) (196,206)  
Dividends Paid         (1,484,167) (997,461) (682,097)  
Net Cash Provided By Financing Activities         38,656,871 20,454,086 12,849,101  
Net Increase (Decrease) in Cash         9,416,581 (4,567,491) (486,169)  
Cash, Beginning of Year   12,615,383   17,182,874 12,615,383 17,182,874 17,669,043 $ 17,182,874
Cash, End of Period 22,031,964   12,615,383   22,031,964 12,615,383 17,182,874 22,031,964
Reconciliation of Cash to the Consolidated Balance Sheets:                
Cash and Cash Equivalents 2,310,489   6,107,252   2,310,489 6,107,252 7,327,405 2,310,489
Restricted Cash 19,721,475   6,508,131   19,721,475 6,508,131 9,855,469 19,721,475
Total Cash as of December 31, 2018, 2017, and 2016, respectively $ 22,031,964 $ 12,615,383 $ 12,615,383 $ 17,182,874 $ 12,615,383 $ 17,182,874 $ 17,669,043 $ 17,182,874