Real estate acquired included the following activity for the six months ended JuneÌý30, 2018 and 2017 (in thousands, except number of acres):
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Ìý |
Ìý |
Six Months Ended
June 30, 2018 |
Ìý |
Six Months Ended
June 30, 2017 |
Ìý |
Ìý |
Acres |
Ìý |
Book Value |
Ìý |
Acres |
Ìý |
Book Value |
Balance at January 1, |
Ìý |
10,064.78 |
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Ìý |
$ |
1,115 |
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Ìý |
10,064.78 |
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Ìý |
$ |
1,115 |
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Acquisitions |
Ìý |
2,883.68 |
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Ìý |
2,663 |
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Ìý |
— |
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Ìý |
— |
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Sales |
Ìý |
— |
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Ìý |
— |
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Ìý |
— |
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Ìý |
— |
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Balance at June 30, |
Ìý |
12,948.46 |
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Ìý |
$ |
3,778 |
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Ìý |
10,064.78 |
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Ìý |
$ |
1,115 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
During the six months ended JuneÌý30, 2018 and 2017, we completed the following sales of land parcels (in thousands, except number of acres):
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Date of sale |
Ìý |
Location |
Ìý |
Approximate number of acres sold |
Ìý |
Contract sale price |
For the six months ended June 30, 2018 |
Ìý |
Ìý |
Ìý |
Ìý |
February 2018 |
Ìý |
Loving County |
Ìý |
40.0 |
Ìý |
$ |
1,150 |
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March 2018 |
Ìý |
Culberson County |
Ìý |
80.0 |
Ìý |
1,600 |
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Total |
Ìý |
Ìý |
Ìý |
120.0 |
Ìý |
$ |
2,750 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
For the six months ended June 30, 2017 |
Ìý |
Ìý |
Ìý |
Ìý |
May 2017 |
Ìý |
Loving County |
Ìý |
11.02 |
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Ìý |
$ |
220 |
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Total |
Ìý |
Ìý |
Ìý |
11.02 |
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Ìý |
$ |
220 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
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