Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
-
0

Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition

On April 17, 2017, Consolidated-Tomoka Land Co., a Florida corporation (the “Company”), issued a press release relating to the Company’s earnings for the quarter ended March 31, 2017. A copy of the press release is furnished as an exhibit to this report.

Item 9.01. Financial Statements and Exhibits

The following exhibit is furnished herewith to Item 2.02 of this Report and shall not be deemed to be “filed” for any purpose, including for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

(d) Exhibits

99.1 Press Release dated April 17, 2017


About Consolidated-Tomoka Land Co. (NYSEMKT:CTO)

Consolidated-Tomoka Land Co. is a real estate operating company. The Company owns and manages over 40 commercial real estate properties in approximately 10 states in the United States. The Company’s segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other. The Company also leases property for over 20 billboards; has agricultural operations that are managed by a third-party, which consists of leasing land for hay and sod production, timber harvesting and hunting leases, and owns and manages subsurface interests. The Company owns approximately 30 single-tenant and over eight multi-tenant properties with approximately 1,700,000 square feet of gross leasable space. It has over four commercial loan investments, including a fixed-rate mezzanine commercial mortgage loan, a fixed-rate first mortgage, a variable-rate B-Note, a variable-rate mezzanine commercial mortgage loan and a variable-rate first mortgage loan.

Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Recent Trading Information

Consolidated-Tomoka Land Co. (NYSEMKT:CTO) closed its last trading session up +0.45 at 54.84 with 4,148 shares trading hands.