INVESTMENT IN JOINT VENTURES (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2022, 2021, and 2020 (in thousands):

	Year Ended
	December 31, 2022		December 31, 2021		December 31, 2020
Revenues	$	—	$	67,367	$	65,446
Direct Cost of Revenues		—		(8,867)		(13,012)
Operating Income	$	—	$	58,500	$	52,434
Other Operating Expenses		—		(376)		(462)
Net Income	$	—	$	58,124	$	51,972

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 years ended December 31, 2022, 2021 and 2020 (in thousands).

	Year Ended
	December 31, 2022		December 31, 2021		December 31, 2020
Revenues	$	—	$	512	$	4,109
Direct Cost of Revenues		—		(16)		(167)
Operating Income	$	—	$	496	$	3,942
Other Operating Expenses		—		(162)		(175)
Net Income	$	—	$	334	$	3,767