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REAL ESTATE OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2024
REAL ESTATE OPERATIONS  
Summary of land and development costs

Land and development costs at December 31, 2024 and 2023 were as follows (in thousands):

As of

    

December 31, 2024

    

December 31, 2023

Land and Development Costs

$

300

$

358

Subsurface Interests

373

Total Land and Development Costs

$

300

$

731

Schedule of components of real estate operations revenue

Revenue from real estate operations consisted of the following for the years ended December 31, 2024, 2023, and 2022 (in thousands):

December 31,

2024

2023

2022

Mitigation Credit Sales

    

$

1,831

$

2,257

$

3,462

Subsurface Revenue - Other

150

1,727

1,904

Land Sales Revenue

96

Total Real Estate Operations Revenue

$

1,981

$

3,984

$

5,462