svn log timestamp bug?

When I run the below svn command:

svn log -v -r {2006-05-17T00:05}:{2006-05-24T00:05} --username XXXX
--password XXXX http://myserver.com/to/my/path
 
In the results I consistently get this revision:
 
r14662 | jdoe | 2006-05-16 17:18:43 -0500 (Tue, 16 May 2006) | 1 line

The timestamps used specify any revision between 5/17/2006 at 12:05 AM to
5/24/2006 at 12:05 AM should be outputted. But this result is dated
5/16/2006 at 5:18 PM?!?!?!? It is not in the timestamp range. Even if you
include the offset (-0500) that still doesn't put it in the range. Should
this be showing up? I've also tried other timestamp formats (
http://svnbook.red-bean.com/nightly/en/svn.tour.revs.html#svn.tour.revs.date
s ) and also get the same revision showing up.

Subversion 1.3.0
Apache 2.2
Mac OS X 10.4.5

Johnathan
Received on Wed May 24 14:28:43 2006