BUSINESS SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2019

BUSINESS SEGMENT DATA

Schedule of operations in different segments

	Three Months Ended
	March 31, 2019		March 31, 2018
Revenues:
Income Properties	$	10,724,418	$	9,205,727
Commercial Loan Investments		—		300,999
Real Estate Operations		3,534,901		13,990,517
Total Revenues	$	14,259,319	$	23,497,243
Operating Income:
Income Properties	$	8,791,930	$	7,336,698
Commercial Loan Investments		—		300,999
Real Estate Operations		1,909,632		12,449,683
General and Corporate Expense		(5,847,907)		(6,620,371)
Gains on Disposition of Assets		6,869,957		3,650,858
Total Operating Income	$	11,723,612	$	17,117,867
Depreciation and Amortization:
Income Properties	$	3,339,856	$	3,787,415
Corporate and Other		6,431		9,408
Total Depreciation and Amortization	$	3,346,287	$	3,796,823
Capital Expenditures:
Income Properties	$	58,005	$	27,915,262
Real Estate Operations		870,509		2,111,983
Golf Operations		—		2,663
Corporate and Other		2,061		553
Total Capital Expenditures	$	930,575	$	30,030,461

	As of
	March 31, 2019		December 31, 2018
Identifiable Assets:
Income Properties	$	472,412,073	$	492,093,615
Real Estate Operations		35,045,459		35,287,559
Golf Operations-Held for Sale		4,680,691		4,462,477
Corporate and Other		6,369,035		24,486,221
Total Assets	$	518,507,258	$	556,329,872