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  "documentTitle": "CTO Realty Growth, Inc. (CTO)",
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  "presentationDate": "2025-06-25 00:00:00",
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  "notes": "Contains two tables of executive compensation and extensive footnotes referencing financial reports and supplemental data.",
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      "text": "Reserve for Tenant Improvements. In connection with recent acquisitions, the Company received an aggregate of $2.6 million from the sellers of certain properties for tenant improvement allowances, leasing commissions and other capital improvements. Through March 31, 2025, payments totaling $1.0 million were made leaving a remaining reserve for tenant improvements of $1.6 million.",
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      "text": "in recurring capex, but that $1 million had been provided to CTO on closing of its acquisitions as a cash incentive, it appeared as an operating expense. In our opinion, this $1 million expense should come out of AFFO.",
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      "text": "\"So, a lot of that build out for tenants, mostly notably Food Hall at Ashford Lane that is going to commence right here later in the third quarter. But we've got some other projects with other tenants at different centers that are also in process.\" — CTO Q2 2021 Earnings call",
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      "text": "Footnotes 12-26 detailing sources and additional financial context.",
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      "text": "Potential Payments to RPT Named Executive Officers table",
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