Segment Information (Tables)

12 Months Ended

Dec. 31, 2012



	Real Estate			Oil and Gas		Other Natural Resources			Items Not Allocated to Segments				Total
	(In thousands)
For the year or at year-end 2012
Revenues	$	120,115		$	44,220	$	8,256		$	—			$	172,591
Depreciation, depletion and amortization	4,340			4,987		1,254			8,345				18,926
Equity in earnings (loss) of unconsolidated ventures	13,897			509		63			—				14,469
Income (loss) before taxes	53,582			26,608		29			(59,261		)	^(a)	20,958
Total assets	588,137			227,061		24,066			79,170				918,434
Investment in unconsolidated ventures	41,546			—		—			—				41,546
Capital expenditures^(b)	1,093			21,971		292			795				24,151
For the year or at year-end 2011
Revenues	$	106,168		$	24,448	$	4,957		$	—			$	135,573
Depreciation, depletion and amortization	5,729			339		1,029			3,705				10,802
Equity in earnings (loss) of unconsolidated ventures	(30,626		)	1,394		23			—				(29,209		)
Income (loss) before taxes	(25,704		)	19,783		(1,867		)	17,963			^(a)	10,175
Total assets	657,099			5,484		27,862			104,412				794,857
Investment in unconsolidated ventures	64,223			—		—			—				64,223
Capital expenditures^(b)	739			4,690		153			766				6,348
For the year or year-end 2010
Revenues	$	68,269		$	24,790	$	8,301		$	—			$	101,360
Depreciation, depletion and amortization	3,089			333		1,583			5,553				10,558
Equity in earnings of unconsolidated ventures	2,629			2,072		—			—				4,701
Income (loss) before taxes	(4,634		)	22,846		4,995			(15,612		)	^(a)	7,595
Total assets	668,689			1,075		30,582			88,978				789,324
Investment in unconsolidated ventures	101,166			—		—			—				101,166
Capital expenditures^(b)	2,392			49		3			258				2,702

Items Not Allocated to Segments


^(a)	Items not allocated to segments consist of:



	For the Year
	2012			2011			2010
	(In thousands)
General and administrative expense	$	(25,176	)	$	(20,110	)	$	(17,341	)
Share-based compensation expense	(14,929		)	(7,067		)	(11,596		)
Gain on sale of assets	16			61,784			28,607
Interest expense	(19,363		)	(17,012		)	(16,446		)
Other corporate non-operating income	191			368			1,164
	$	(59,261	)	$	17,963		$	(15,612	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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