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EXHIBIT 21
Subsidiaries of the Registrant
Organized Under Laws of | Percentage of Voting Securities Owned by Immediate Parent | |||
Consolidated-Tomoka Land Co. | Florida | — | ||
Indigo Group Inc. | Florida | 100.0 | ||
Indigo Group Ltd. | Florida | 99.0* | ||
(A Limited Partnership) | ||||
Indigo Development Inc. | Florida | 100.0 | ||
Indigo Commercial Realty Inc. | Florida | 100.0 | ||
Palms Del Mar Inc. | Florida | 100.0 | ||
Indigo International Inc. | Florida | 100.0 | ||
W. Hay Inc. | Florida | ** | ||
W. Hay LLC | Florida | *** |
* | Consolidated-Tomoka Land Co. is the limited partner of Indigo Group Ltd., and owns 99.0% of the total partnership equity. Indigo Group Inc. is the managing general partner of the partnership and owns a 1.0% of the partnership equity. |
** | W. Hay Inc. is 100% owned by Indigo Group Inc. |
*** | W. Hay LLC is 100% owned by W. Hay Inc. |
All subsidiaries are included in the Consolidated Financial Statements of the Company and its subsidiaries appearing elsewhere herein.