REAL ESTATE OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2021

REAL ESTATE OPERATIONS

Summary of land and development costs

Land and development costs at March 31, 2021 and December 31, 2020 were as follows (in thousands):

	As of
	March 31, 2021		December 31, 2020
Land and Development Costs	$	6,383	$	6,377
Subsurface Interests		691		706
Total Land and Development Costs	$	7,074	$	7,083

Schedule of components of real estate operations revenue

Revenue from continuing real estate operations consisted of the following for the three months ended March 31, 2021 and 2020 (in thousands):

	Three Months Ended
Revenue Description	March 31, 2021		March 31, 2020
Mitigation Credit Sales	$	—	$	4
Subsurface Revenue		1,893		77
Total Real Estate Operations Revenue	$	1,893	$	81