Note 2 - Property, Plant, Equipment and Water Programs

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 2 - PROPERTY, PLANT, EQUIPMENT AND WATER PROGRAMS

 Property, plant, equipment and water programs consist of the following (in thousands):

	June 30,			December 31,
	2013			2012
Land and land improvements	$	24,191		$	24,191
Water programs		21,324			21,324
Buildings		1,187			1,187
Leasehold improvements		570			570
Furniture and fixtures		458			458
Machinery and equipment		1,128			1,122
Construction in progress		97			103
		48,955			48,955
Less accumulated depreciation		(5,009	)		(4,881	)
	$	43,946		$	44,074

 Depreciation expense totaled $64,000 for the three months ended June 30, 2013, and $93,000 for the three months ended June 30, 2012.  Depreciation expense totaled $128,000 and $188,000 for the six month ended June 30, 2013 and 2012, respectively