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d $258,778, or 37.95%. from $681,981 for the year ended December 31, 2013 to $423,203 for the year ended December 31. 2014, most of which related to Quail Run Vineyard for the reasons stated above, offset by a base rent payable by the tenant of Golden Eagle Ranch whose new lease requires a small base rent. Partic
ar ended December 31. 2014, most of which related to Quail Run Vineyard for the reasons stated above, offset by a base rent payable by the tenant of Golden Eagle Ranch whose new lease requires a small base rent. Participating rent for our permanent crop segment increased $1,404,945, or 67.83%, from $2,071,158 for
ppraised value of the farms pledged as collateral. The second revolving credit facility is secured by first lien mortgages on our Sandpiper Ranch, Quail Run Vineyard, Golden Eagle Ranch and Blue Ileron Farms properties, with the loan commitment amount not to exceed 50% of the current appraised value of the farms
e farms pledged as collateral. The second revolving credit facility is secured by first lien mortgages on our Sandpiper Ranch, Quail Run Vineyard, Golden Eagle Ranch and Blue Ileron Farms properties, with the loan commitment amount not to exceed 50% of the current appraised value of the farms pledged as collater
s been included in the current lease. Since the property was nor owned during the period presented, contractual rent is not stated. 77 acres of our Quail Run Vineyard property are now under development. which has temporarily impacted the valuation of this property. Lease provides for oanual rent with (il a fixed c
development capital expenditures from inception through June 30. 2015 were $22.2 million and total costs of the acquisitions of the second parcel of Golden Eagle Ranch and Kingfisher Ranch includes land costs and preliminary closing costs Represents expiring amoractual rent. CONFIDENTIAL - PURSUANT TO FED. R. CRI
the 2019 harvesO4 Golden Eagle Ranch. 1.195 5 years The lint to occur of 11i30/19 or one week after the last day of the 2019 almond harvest. Quail Run Vineyard: 145 2 years 10/31/16 Option to extend the lease term for an additional five years(5) Option to extend the lease term for an additkmal fi
e term for an hater:M.120 additional five yearVb 175 5 years Expiration Later of 10/31/19 or one week after the last day of the 2019 harvesO4 Golden Eagle Ranch. 1.195 5 years The lint to occur of 11i30/19 or one week after the last day of the 2019 almond harvest. Quail Run Vineyard: 145 2 years
Entities connected to both Quail Run Vineyard and Golden Eagle Ranch