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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenue:      
Commercial real estate $ 134.7 $ 133.6 $ 125.3
Land operations 61.9 120.2 96.7
Materials and construction 190.9 219.0 234.3
Total operating revenue 387.5 472.8 456.3
Operating Costs and Expenses:      
Cost of commercial real estate 79.0 80.4 78.0
Cost of land operations 35.0 71.1 57.4
Cost of materials and construction contracts 154.5 175.7 191.3
Selling, general and administrative 56.2 55.3 52.9
REIT evaluation costs 9.5 0.0 0.0
Impairment of real estate assets 11.7 0.0 0.0
Total operating costs and expenses 345.9 382.5 379.6
Operating Income 41.6 90.3 76.7
Other Income and (Expense):      
Income related to joint ventures 19.2 36.8 1.8
Gain (loss) on the sale of improved property, net 8.1 (1.8) 0.0
Reduction in solar investments, net (9.8) (2.6) (14.7)
Interest income and other 2.5 1.2 6.1
Interest expense (26.3) (26.8) (29.0)
Income From Continuing Operations Before Income Taxes 35.3 97.1 40.9
Income tax expense 2.6 36.3 4.1
Income From Continuing Operations 32.7 60.8 36.8
Income (Loss) from discontinued operations, net of income tax (41.1) (29.7) 27.7
Net Income (Loss) (8.4) 31.1 64.5
Income attributable to noncontrolling interest (1.8) (1.5) (3.1)
Net Income (Loss) Attributable to A&B $ (10.2) $ 29.6 $ 61.4
Basic Earnings (Loss) per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) $ 0.66 $ 1.15 $ 0.69
Discontinued operations available to A&B shareholders (in dollars per share) (0.84) (0.61) 0.57
Net income available to A&B shareholders (in dollars per share) (0.18) 0.54 1.26
Diluted Earnings (Loss) per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) 0.65 1.14 0.68
Discontinued operations available to A&B shareholders (in dollars per share) (0.83) (0.60) 0.57
Net income available to A&B shareholders (in dollars per share) $ (0.18) $ 0.54 $ 1.25
Weighted Average Number of Shares Outstanding:      
Basic (in shares) 49.0 48.9 48.7
Diluted (in shares) 49.4 49.3 49.3
Amounts Available to A&B Shareholders:      
Income from continuing operations available to A&B shareholders, net of tax $ 32.2 $ 56.2 $ 33.7
Income (Loss) from discontinued operations, net of income tax (41.1) (29.7) 27.7
Net Income (Loss) Available to A&B shareholders $ (8.9) $ 26.5 $ 61.4