XML 16 R44.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Results (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Operating segment information for the three months ended March 31, 2020 and 2019 is summarized below (in millions):
Three Months Ended March 31,
20202019
Operating Revenue:
Commercial Real Estate$43.4  $36.8  
Land Operations11.5  49.0  
Materials & Construction25.9  43.6  
Total operating revenue80.8  129.4  
Operating Profit (Loss): 
Commercial Real Estate1
18.1  15.6  
Land Operations2
5.0  12.6  
Materials & Construction(3.8) (4.5) 
Total operating profit (loss)19.3  23.7  
Gain (loss) on the sale of commercial real estate properties0.5  —  
Interest expense(7.8) (9.1) 
Corporate and other expense(6.2) (6.2) 
Income (Loss) from Continuing Operations Before Income Taxes$5.8  $8.4  
1 Commercial Real Estate segment operating profit (loss) includes intersegment operating revenue, primarily from the Materials & Construction segment, and is eliminated in the condensed consolidated results of operations.
2 Land Operations segment operating profit (loss) includes equity in earnings (losses) from the Company's various real estate joint ventures and non-cash reductions related to the Company's solar tax equity investments.