Seedfork and James - Thanks for your suggestions and opinions.
This daylily looked like that BEFORE I even dug it up to transplant it. It has a good root system so I don't think it is dying. I was thinking it might be a dormant or a sev daylily and it is losing it's foliage to regrow new, but I really don't know. When I was amending the soil in the 3-tiered bed, I found several "dormant" type daylilies that had a good root system and were buried under the soil. They were starting to show signs of leaves emerging as they appeared to be breaking dormancy. The weather has been warm and then cool, warm and then cool. But not freezing temps. Florida weather probably makes some of the sev and dor daylilies confused.