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  "documentTitle": "The St. Joe Company (JOE)",
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  "authorName": "David Einhorn",
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  "notes": "The slide highlights 'Cutter Ridge' in the table and provides a definition for 'in development' projects.",
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      "text": "(5) A project is “in development when construction on the project has commenced. A project in “pre-development” has land-use entitlements but is still under internal evaluation or requires one or more additional permits prior to the commencement of construction.",
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      "text": "(5) A project is “in development” when construction on the project has commenced. A project in “pre-development” has land-use entitlements but is still under internal evaluation or requires one or more additional permits prior to the commencement of construction. — Source: JOE 2007 10-K",
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