Segment Results (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Operating Segment Information

Operating segment information for the three and six months ended June 30, 2020 and 2019 is summarized below (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Operating Revenue:
Commercial Real Estate	$	34.0	$	39.1	$	77.4	$	75.9
Land Operations	9.8		24.9		21.3		73.9
Materials & Construction	30.1		45.1		56.0		88.7
Total operating revenue	73.9		109.1		154.7		238.5
Operating Profit (Loss):
Commercial Real Estate1	8.9		17.0		26.9		32.6
Land Operations2	4.7		0.5		9.7		13.1
Materials & Construction	(7.6)		(4.3)		(11.4)		(8.8)
Total operating profit (loss)	6.0		13.2		25.2		36.9
Gain (loss) on the disposal of assets, net	—		—		0.5		—
Interest expense	(7.8)		(8.1)		(15.6)		(17.2)
Corporate and other expense	(2.3)		(6.4)		(8.4)		(12.6)
Income (Loss) from Continuing Operations Before Income Taxes	$	(4.1)	$	(1.3)	$	1.7	$	7.1

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 statements 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.