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. (A Limited Partnership) | Florida | 99.0 | * | |||||
Indigo Development LLC | Florida | 100.0 | ||||||
Indigo Commercial Realty Inc. | Florida | 100.0 | ||||||
Palms Del Mar Inc. | Florida | 100.0 | ||||||
Indigo International LLC | Florida | 100.0 | ||||||
W. Hay Inc. | Florida | ** | ||||||
W. Hay LLC | Florida | *** | ||||||
Indigo Grand Champion One LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Two LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Three LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Four LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Five LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Six LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Seven LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Eight LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Nine LLC | Florida | 100.0 | **** | |||||
Indigo Grand Champion Ten LLC | Florida | 100.0 | **** |
* | 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 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. |
**** | Palms Del Mar Inc. is the Managing Member |
All subsidiaries are included in the Consolidated Financial Statements of the Company and its subsidiaries appearing elsewhere herein.