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Monday, March 31, 2014 4:55:35 PM
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Under generally accepted accounting principles, the financial statements of the companies in which BFC holds a controlling interest, including BBX Capital and Bluegreen Corporation, are consolidated in the Company's financial statements.
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About BBX Capital Corporation:
BBX Capital, a New York Stock Exchange listed company (NYSE: BBX), is involved in the acquisition, ownership and management of, and joint ventures and investments in real estate and real estate development projects as well as investments and management of middle market operating businesses. In addition, BBX Capital and its holding company, BFC Financial Corporation, have a 46% and 54% respective interest in Bluegreen Corporation; a vacation ownership company with more than 60 owned or managed resorts, 225,000 owners and 5,000 employees.
As of December 31, 2013, BBX Capital had consolidated total assets of $431.1 million, shareholders' equity of $302.4 million, and its book value per share was $19.00.
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Marker EOD:
Bbx Capital Corporat (BBX)
$19.45 up 0.29 (1.51%)
Volume: 144,407
* less than 2 years ago in June of 2012 the stock was < $5.
The most common mistake on Ihub involving a bankruptcy is for an equityholder to award himself the full rights and privileges of a creditor.
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