Quarterly report pursuant to Section 13 or 15(d)

Assets Held for Sale

v3.19.3.a.u2
Assets Held for Sale
3 Months Ended
Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Assets Held for Sale Assets Held for Sale

In accordance with its strategy to dispose of non-core and under-performing assets, the following assets have been classified as assets held for sale at December 31, 2019 and September 30, 2019:

(in thousands)
Carrying Value
 
December 31,
 
September 30,
 
2019
 
2019
East Ranch
$
1,442

 
$
1,442

     Total Assets Held For Sale
$
1,442

 
$
1,442



On October 30, 2018, the Company sold certain parcels at Frostproof for approximately $206,000 and realized a gain of approximately $12,000.