BUSINESS SEGMENT DATA (Tables)

6 Months Ended

Jun. 30, 2022

BUSINESS SEGMENT DATA

Schedule of operations in different segments

Information about the Company’s operations in different segments for the three and six months ended June 30, 2022 and 2021 are as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Revenues:
Income Properties	$	16,367	$	11,574	$	31,535	$	23,023
Management Fee Income		948		752		1,884		1,421
Interest Income From Commercial Loans and Investments		1,290		709		2,008		1,410
Real Estate Operations		858		1,248		1,246		3,141
Total Revenues	$	19,463	$	14,283	$	36,673	$	28,995
Operating Income:
Income Properties	$	11,555	$	8,787	$	22,707	$	17,319
Management Fee Income		948		752		1,884		1,421
Interest Income From Commercial Loans and Investments		1,290		709		2,008		1,410
Real Estate Operations		630		715		967		2,526
General and Corporate Expense		(9,403)		(7,696)		(18,815)		(15,658)
Impairment Charges		—		(16,527)		—		(16,527)
Gain (Loss) on Disposition of Assets		—		4,732		(245)		5,440
Loss on Extinguishment of Debt		—		(641)		—		(641)
Total Operating Income (Loss)	$	5,020	$	(9,169)	$	8,506	$	(4,710)
Depreciation and Amortization:
Income Properties	$	6,719	$	5,026	$	13,075	$	9,851
Corporate and Other		8		5		21		10
Total Depreciation and Amortization	$	6,727	$	5,031	$	13,096	$	9,861
Capital Expenditures:
Income Properties	$	6,935	$	74,767	$	47,434	$	114,107
Commercial Loans and Investments		46,876		—		46,876		—
Corporate and Other		19		3		35		10
Total Capital Expenditures	$	53,830	$	74,770	$	94,345	$	114,117

Identifiable assets of each segment as of June 30, 2022 and December 31, 2021 are as follows (in thousands):

	As of
	June 30, 2022		December 31, 2021
Identifiable Assets:
Income Properties	$	657,337	$	630,747
Management Services		1,256		1,653
Commercial Loans and Investments		68,983		39,095
Real Estate Operations		26,243		26,512
Corporate and Other		48,536		35,132
Total Assets	$	802,355	$	733,139