| INVESTMENT PROPERTIES |
2. INVESTMENT PROPERTIES
The components of the Company’s investment properties and the related accumulated depreciation information follow:
| |
|
December 31, 2013 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Depreciation |
|
|
Net |
|
| Office building and other commercial property: |
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate Office - (Coconut Grove, FL) – Building |
|
$ |
652,198 |
|
|
$ |
278,982 |
|
|
$ |
373,216 |
|
| Corporate Office – (Coconut Grove, FL) – Land |
|
|
325,000 |
|
|
|
— |
|
|
|
325,000 |
|
| Other (Montpelier, Vermont) – Building |
|
|
52,000 |
|
|
|
52,000 |
|
|
|
— |
|
| Other (Montpelier, Vermont) - Land and improvements (5.4 acres) |
|
|
111,689 |
|
|
|
— |
|
|
|
111,689 |
|
| |
|
$ |
1,140,887 |
|
|
$ |
330,982 |
|
|
$ |
809,905 |
|
| |
|
December 31, 2012 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Depreciation |
|
|
Net |
|
| Office building and other commercial property: |
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate Office - (Coconut Grove, FL) – Building |
|
$ |
652,198 |
|
|
$ |
262,826 |
|
|
$ |
398,372 |
|
| Corporate Office – (Coconut Grove, FL) – Land |
|
|
325,000 |
|
|
|
— |
|
|
|
325,000 |
|
| Other (Montpelier, Vermont) – Building |
|
|
52,000 |
|
|
|
52,000 |
|
|
|
— |
|
| Other (Montpelier, Vermont) - Land and improvements (5.4 acres) |
|
|
111,689 |
|
|
|
— |
|
|
|
111,689 |
|
| Totals |
|
$ |
1,140,887 |
|
|
$ |
314,826 |
|
|
$ |
826,061 |
|
|