When a group of two or more businesses is required to report financial results on a consolidated basis, generally accepted accounting principles, or GAAP, require the elimination of intercompany sales ...
DAYTONA BEACH — Consolidated-Tomoka Land Co.'s days as one of Daytona Beach's largest landowners are fast nearing an end. The public company in its second quarter earnings report disclosed its local ...
DAYTONA BEACH — In a move that took Daytona Beach city officials by surprise, Consolidated-Tomoka Land Co. announced late Wednesday its sale of a controlling interest in the remaining undeveloped land ...
DAYTONA BEACH, Fla., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American:CTO) (the "Company") today announced the closing of the sale of approximately 9.9 acres (the "Unicorp ...