INVESTMENT IN JOINT VENTURES (Tables)

9 Months Ended

Sep. 30, 2022

Land JV

Summarized financial information of the Company's JV Investment

The following table provides summarized financial information of the Land JV for the three and nine months ended September 30, 2021 (in thousands):

	Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021
Revenues	$	1,012	$	1,033
Direct Cost of Revenues		(62)		(187)
Operating Income	$	950	$	846
Other Operating Expenses		(87)		(235)
Net Income	$	863	$	611

Mitigation Bank

Summarized financial information of the Company's JV Investment

The following table provides summarized financial information of the Mitigation Bank JV for the three and nine months ended September 30, 2021 (in thousands):

	Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021
Revenues	$	408	$	512
Direct Cost of Revenues		(9)		(16)
Operating Income	$	399	$	496
Other Operating Expenses		(49)		(162)
Net Income	$	350	$	334