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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flow from Operating Activities:    
Net Income (Loss) Attributable to the Company $ 7,025 $ (4,193)
Adjustments to Reconcile Net Income (Loss) Attributable to the Company to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 22,480 21,145
Amortization of Intangible Liabilities to Income Property Revenue 718 1,306
Amortization of Deferred Financing Costs to Interest Expense 513 482
Amortization of Discount on Convertible Debt 80 79
Gain on Disposition of Real Estate and Intangible Lease Assets and Liabilities (4,618) (1,101)
Gain on Disposition of Subsurface Interests (4,545)  
Provision for Impairment 115 479
Accretion of Commercial Loans and Investments Origination Fees (77) (66)
Non-Cash Imputed Interest (15) (15)
Deferred Income Taxes (138) 107
Unrealized Loss on Investment Securities 3,994 6,092
Extinguishment of Contingent Obligation   (2,300)
Non-Cash Compensation 2,137 1,934
Decrease (Increase) in Assets:    
Refundable Income Taxes 161 302
Land and Development Costs 3 3
Mitigation Credits and Mitigation Credit Rights 690 631
Other Assets (2,811) (4,623)
Increase (Decrease) in Liabilities:    
Accounts Payable (974) 1,437
Accrued and Other Liabilities (269) 2,167
Deferred Revenue 171 1,155
Net Cash Provided By Operating Activities 24,640 25,021
Cash Flow from Investing Activities:    
Acquisition of Real Estate and Intangible Lease Assets and Liabilities, Including Capitalized Expenditures (78,134) (89,574)
Acquisition of Commercial Loans and Investments (7,030) (17,427)
Proceeds from Disposition of Property, Plant, and Equipment, Net, and Assets Held for Sale 19,527 2,303
Proceeds from Disposition of Subsurface Interests 4,974  
Principal Payments Received on Commercial Loans and Investments 18,517 986
Acquisition of Investment Securities (254) (2,712)
Proceeds from the Sale of Investment Securities 1,655  
Net Cash Used In Investing Activities (40,745) (106,424)
Cash Flow From Financing Activities:    
Proceeds from Long-Term Debt 71,000 115,500
Payments on Long-Term Debt (84,000) (19,600)
Cash Paid for Loan Fees (13) (40)
Cash Received Exercise of Stock Options and Common Stock Issuance 469 241
Proceeds from Issuance of Preferred Stock, Net of Underwriting Discount and Expenses 32,996  
Cash Used to Purchase Common and Preferred Stock (664) (5,085)
Cash Paid for Vesting of Restricted Stock (1,274) (1,028)
Proceeds from (Cash Paid for) Issuance of Common and Preferred Stock, Net 6,296 (122)
Dividends Paid - Preferred Stock (3,058) (2,390)
Dividends Paid - Common Stock (17,309) (17,200)
Net Cash Provided By Financing Activities 4,443 70,276
Net Decrease in Cash, Cash Equivalents and Restricted Cash (11,662) (11,127)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period 17,819 21,194
Cash, Cash Equivalents and Restricted Cash, End of Period 6,157 10,067
Reconciliation of Cash to the Consolidated Balance Sheets:    
Cash and Cash Equivalents 4,794 7,312
Restricted Cash 1,363 2,755
Total Cash $ 6,157 $ 10,067