Exhibit 21
Subsidiaries of the Registrant
Organized Under Laws of | Percentage of Voting Securities Owned by Immediate Parent | |||||
Indigo Group Inc. | Florida | 100.0 | ||||
Indigo Group Ltd. (A Limited Partnership) | Florida | 99.0 | (1) | |||
Indigo Development LLC | Florida | 100.0 | ||||
Palms Del Mar Inc. | Florida | 100.0 | ||||
Indigo International LLC | Florida | 100.0 | ||||
W. Hay Inc. | Florida | (2) | ||||
W. Hay LLC | Florida | (3) | ||||
Indigo Grand Champion One | Florida | 100.0 | (4) | |||
Indigo Grand Champion Two | Florida | 100.0 | (4) | |||
Indigo Grand Champion Three | Florida | 100.0 | (4) | |||
Indigo Grand Champion Four | Florida | 100.0 | (4) | |||
Indigo Grand Champion Five | Florida | 100.0 | (4) | |||
Indigo Grand Champion Six | Florida | 100.0 | (4) | |||
Indigo Grand Champion Seven | Florida | 100.0 | (4) | |||
Indigo Grand Champion Eight | Florida | 100.0 | (4) | |||
Indigo Grand Champion Nine | Florida | 100.0 | (4) | |||
Indigo Grand Champion Ten | Florida | 100.0 | (4) | |||
Indigo Clermont LLC | Florida | 100.0 | (5) | |||
Indigo Henry LLC | Florida | 100.0 | (5) | |||
Indigo Mallard Creek LLC | Florida | 100.0 | (5) | |||
Indigo Melbourne LLC | Florida | 100.0 | (5) | |||
Indigo Sanford LLC | Florida | 100.0 | (5) |
(1) | 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. |
(2) | W. Hay Inc. is 100% owned by Indigo Group Inc. |
(3) | W. Hay LLC is 100% owned by W. Hay Inc. |
(4) | Palms Del Mar Inc. is the Managing Member |
(5) | Indigo Development LLC is the Managing Member |
All subsidiaries are included in the Consolidated Financial Statements of the Company and its subsidiaries appearing elsewhere herein.