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  "documentTitle": "The St. Joe Company (JOE)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2010-10-13 00:00:00",
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      "text": "JOE is stuck\nIt can't build, it can't sell and it can't generate value to cover its operating costs\nJOE spends $50 million a year, which it says it won't reduce\nJOE can fund that by selling 25,000 – 40,000 acres of rural land per year\nJOE sold 500,000+ acres in the last decade\nRural land sales can fund about 15 years of overhead, provided JOE doesn't waste more money on development",
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      "text": "Strategic Dilemma",
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