XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
OPERATING REVENUES        
Operating revenues     $ 2,449,000  
Leasing $ 1,558,000 $ 1,370,000 3,053,000 $ 2,956,000
Operating revenues 2,960,000 9,336,000 5,502,000 19,019,000
OPERATING COSTS AND EXPENSES        
Leasing 706,000 587,000 1,284,000 1,056,000
General and administrative 725,000 586,000 1,556,000 1,075,000
Share-based compensation 320,000 253,000 899,000 812,000
Depreciation 446,000 417,000 885,000 833,000
Total operating costs and expenses 3,391,000 2,634,000 6,758,000 6,189,000
OPERATING INCOME (LOSS) (431,000) 6,702,000 (1,256,000) 12,830,000
Pension and other postretirement expenses (102,000) (202,000) (204,000) (404,000)
Interest expense (37,000) (19,000) (74,000) (113,000)
NET INCOME (LOSS) (570,000) 6,481,000 (1,534,000) 12,313,000
Pension, net of income taxes of $0 185,000 204,000 370,000 408,000
COMPREHENSIVE INCOME (LOSS) $ (385,000) $ 6,685,000 $ (1,164,000) $ 12,721,000
NET INCOME (LOSS) PER COMMON SHARE --BASIC AND DILUTED (in dollars per share) $ (0.03) $ 0.34 $ (0.08) $ 0.65
Real Estate [Member]        
OPERATING REVENUES        
Operating revenues $ 300,000 $ 6,852,000 $ 336,000 $ 13,991,000
OPERATING COSTS AND EXPENSES        
Operating costs 443,000 152,000 509,000 888,000
Public Utilities [Member]        
OPERATING REVENUES        
Operating revenues 810,000 829,000 1,514,000 1,505,000
OPERATING COSTS AND EXPENSES        
Operating costs 520,000 426,000 1,041,000 979,000
Resort Amenities and Other [Member]        
OPERATING REVENUES        
Operating revenues 292,000 285,000 599,000 567,000
OPERATING COSTS AND EXPENSES        
Operating costs $ 231,000 $ 213,000 $ 584,000 $ 546,000