SEC filings and other documents

Board approved liquidation plan with strong gains and higher net income, despite lower revenues.

Net loss widened on lower sales, but cash position improved and major asset sale pending.

Q2 2025 returned to profit on higher home sales and asset gains, boosting cash and buyback capacity.

Q1 2025 saw a net loss amid lower sales, but leasing and development progress continued.

After-tax NAV stands at $330.5 million, with a diverse real estate portfolio and 28.4% leverage.

Returned to profitability with strong revenue growth and higher after-tax NAV.

Revenue and profitability improved sharply in Q3 2024, with strong property sales and leasing.

Improved Q2 results driven by asset sales and strong leasing, with positive outlook in Texas.