SEC Comment Letter 0000000000-22-012567 to ST JOE Co (JOE) (CIK 0000745308) (JOE)
ST JOE Co (JOE) (CIK 0000745308)
Date: Nov. 18, 2022 · CIK: 0000745308 · Accession: 0000000000-22-012567
AI Filing Summary & Sentiment
File numbers found in text: 001-10466
Letter
United States securities and exchange commission logo November 18, 2022 Marek Bakun Executive Vice President and Chief Financial Officer The St. Joe Company 130 Richard Jackson Boulevard , Suite 200 Panama City Beach , FL 32407 Re:The St. Joe Company Form 10-K for the year ended December 31, 2022 Form 10-Q for the quarterly period ended September 30, 2022 File No. 001-10466 Dear Marek Bakun: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-Q for the quarterly period ended September 30, 2022 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations, page 49 1.In future filings, both in the current period and prospectively, please expand your disclosures to specifically discuss how increased interest rates impact your results of operations and your financial condition. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Eric McPhee at 202-551-3693 or Wilson Lee at 202-551-3468 with any questions.
FirstName LastNameMarek Bakun Comapany NameThe St. Joe Company November 18, 2022 Page 2 FirstName LastName Marek Bakun The St. Joe Company November 18, 2022 Page 2 Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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United States securities and exchange commission logo
November 18, 2022
Marek Bakun
Executive Vice President and Chief Financial Officer
The St. Joe Company
130 Richard Jackson Boulevard , Suite 200
Panama City Beach , FL 32407
Re:The St. Joe Company
Form 10-K for the year ended December 31, 2022
Form 10-Q for the quarterly period ended September 30, 2022
File No. 001-10466
Dear Marek Bakun:
We have limited our review of your filing to the financial statements and related
disclosures and have the following comment. In our comment, we may ask you to provide us
with information so we may better understand your disclosure.
Please respond to this comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional comments.
Form 10-Q for the quarterly period ended September 30, 2022
Item 2. Management's Discussion and Analysis of Financial Condition and Results of
Operations, page 49
1.In future filings, both in the current period and prospectively, please expand your
disclosures to specifically discuss how increased interest rates impact your results of
operations and your financial condition.
In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
You may contact Eric McPhee at 202-551-3693 or Wilson Lee at 202-551-3468 with any
questions.
FirstName LastNameMarek Bakun
Comapany NameThe St. Joe Company
November 18, 2022 Page 2
FirstName LastName
Marek Bakun
The St. Joe Company
November 18, 2022
Page 2
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction