BUSINESS SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2022

BUSINESS SEGMENT DATA

Schedule of operations in different segments

Information about the Company’s operations in different segments for the three months ended March 31, 2022 and 2021 are as follows (in thousands):

	Three Months Ended
	March 31, 2022		March 31, 2021
Revenues:
Income Properties	$	15,168	$	11,449
Management Fee Income		936		669
Interest Income From Commercial Loan and Master Lease Investments		718		701
Real Estate Operations		388		1,893
Total Revenues	$	17,210	$	14,712
Operating Income:
Income Properties	$	11,152	$	8,532
Management Fee Income		936		669
Interest Income From Commercial Loan and Master Lease Investments		718		701
Real Estate Operations		337		1,811
General and Corporate Expense		(9,412)		(7,962)
Gain (Loss) on Disposition of Assets		(245)		708
Total Operating Income	$	3,486	$	4,459
Depreciation and Amortization:
Income Properties	$	6,356	$	4,825
Corporate and Other		13		5
Total Depreciation and Amortization	$	6,369	$	4,830
Capital Expenditures:
Income Properties	$	40,499	$	39,340
Corporate and Other		16		7
Total Capital Expenditures	$	40,515	$	39,347

Identifiable assets of each segment as of March 31, 2022 and December 31, 2021 are as follows (in thousands):

	As of
	March 31, 2022		December 31, 2021
Identifiable Assets:
Income Properties	$	657,128	$	630,747
Management Services		1,227		1,653
Commercial Loan and Master Lease Investments		21,830		39,095
Real Estate Operations		26,521		26,512
Corporate and Other		47,513		35,132
Total Assets	$	754,219	$	733,139