Segment Results (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Operating Segment Information

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Operating Revenue:
Commercial Real Estate	$	35.7	$	42.7	$	113.1	$	118.6
Land Operations	7.7		8.5		29.0		82.4
Materials & Construction	34.4		37.9		90.4		126.6
Total operating revenue	77.8		89.1		232.5		327.6
Operating Profit (Loss):
Commercial Real Estate1	11.0		18.0		37.9		50.6
Land Operations2	3.4		2.8		13.1		15.9
Materials & Construction	1.3		(57.9)		(10.1)		(66.7)
Total operating profit (loss)	15.7		(37.1)		40.9		(0.2)
Gain (loss) on disposal of commercial real estate properties, net	—		—		0.5		—
Interest expense	(7.1)		(8.2)		(22.7)		(25.4)
Corporate and other expense	(5.4)		(5.5)		(13.8)		(18.1)
Income (Loss) from Continuing Operations Before Income Taxes	$	3.2	$	(50.8)	$	4.9	$	(43.7)

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.