+It's Osceola County
Also, If I remember a bit about taxes, lease payments are an operating expense that is deductible in whole every year.
Payments for capital improvements are deductible only to the amount of interest paid, and not the principal. Depreciation gets tossed in there also, but i'd be willing to bet that it is a tax & cash flow manuever.
Another point to toss in........ the land usage laws in Florida have changed by light-years since ole' Walt came down here and gobbled up 43,000 acres. IF Disney is selling off plots (which I find somewhat questionable, but hey, it might be true......), it may be land that they can no longer effectively develop in a manner which would be profitable to them.