Real estate acquired included the following activity for the three months ended MarchÌý31, 2018 and 2017 (in thousands, except number of acres):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ìý |
Ìý |
Three Months Ended
March 31, 2018 |
Ìý |
Three Months Ended
March 31, 2017 |
Ìý |
Ìý |
Acres |
Ìý |
Book Value |
Ìý |
Acres |
Ìý |
Book Value |
Balance at January 1, |
Ìý |
10,064.78 |
|
Ìý |
$ |
1,115 |
|
Ìý |
10,064.78 |
|
Ìý |
$ |
1,115 |
|
Additions |
Ìý |
640.60 |
|
Ìý |
751 |
|
Ìý |
— |
|
Ìý |
— |
|
Sales |
Ìý |
— |
|
Ìý |
— |
|
Ìý |
— |
|
Ìý |
— |
|
Balance at March 31, |
Ìý |
10,705.38 |
|
Ìý |
$ |
1,866 |
|
Ìý |
10,064.78 |
|
Ìý |
$ |
1,115 |
|
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
During the three months ended MarchÌý31, 2018, we completed the following sales of land parcels (in thousands, except number of acres):
|
|
|
|
|
|
|
|
|
|
Date of sale |
Ìý |
Location |
Ìý |
Approximate number of acres sold |
Ìý |
Contract sale price |
February 2018 |
Ìý |
Loving County |
Ìý |
40.0 |
Ìý |
$ |
1,150 |
|
March 2018 |
Ìý |
Culberson County |
Ìý |
80.0 |
Ìý |
1,600 |
|
Total sales in 2018 |
Ìý |
Ìý |
Ìý |
120.0 |
Ìý |
$ |
2,750 |
|
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
|