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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Leasing revenue $ 14,342 $ 11,790
Total revenue 87,787 72,991
Expenses:    
Corporate and other operating expenses 7,102 5,721
Depreciation, depletion and amortization 11,182 7,322
Total expenses 71,835 61,687
Operating income 15,952 11,304
Other income (expense):    
Investment income, net 3,441 2,921
Interest expense (8,553) (6,209)
Gain on contributions to unconsolidated joint ventures 14 530
Equity in income from unconsolidated joint ventures 7,360 3,663
Other (expense) income, net (463) 713
Total other income, net 1,799 1,618
Income before income taxes 17,751 12,922
Income tax expense (4,649) (3,441)
Net income 13,102 9,481
Net loss attributable to non-controlling interest 813 909
Net income attributable to the Company $ 13,915 $ 10,390
NET INCOME PER SHARE ATTRIBUTABLE TO THE COMPANY    
Basic (in dollars per share) $ 0.24 $ 0.18
Diluted (in dollars per share) $ 0.24 $ 0.18
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 58,320,489 58,309,093
Diluted (in shares) 58,341,335 58,309,093
Real Estate    
Revenue:    
Revenue $ 34,188 $ 36,702
Expenses:    
Cost of revenue 16,033 20,345
Hospitality    
Revenue:    
Revenue 39,257 24,499
Expenses:    
Cost of revenue 30,343 22,927
Leasing    
Expenses:    
Cost of revenue $ 7,175 $ 5,372