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SUBSEQUENT EVENTS
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6 Months Ended |
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Feb. 28, 2014
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| Subsequent Events | |
| SUBSEQUENT EVENTS |
NOTE 11 SUBSEQUENT EVENTS
Subsequent to our quarter end an additional seven farms and 1,558 FLCC shares have been obtained through the foreclosure proceedings resulting in a reduction of the number of taps subject to the TPF by 2,861 taps and a corresponding reduction to the TPF payable of approximately $9.9 million.
Subsequent to our quarter end we sold five farms including 1,362 acres and 1,665 FLCC shares for approximately $2.7 million. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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