Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 29,854	$ 37,128
Investments ($1,913 and $1,902 measured at fair value at March 31, 2018 and December 31, 2017, respectively)	3,225	3,214
Real estate and tangible water assets, net	44,496	44,675
Intangible assets	126,746	126,785
Other assets	2,576	2,600
Total assets	206,897	214,402
Liabilities and equity
Deferred compensation	4,149	4,112
Other liabilities	2,409	2,431
Accounts payable and accrued expenses	883	696
Total liabilities	7,441	7,239
Commitments and contingencies
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued
Common stock, $0.001 par value; authorized 100,000 shares, 22,818 issued and 22,711 outstanding at March 31, 2018, and 23,153 issued and 23,152 outstanding at December 31, 2017	23	23
Additional paid-in capital	375,736	379,388
Accumulated deficit	(175,069)	(172,767)
Accumulated other comprehensive income	0	544
Treasury stock, at cost (common shares: 107 and 1 at March 31, 2018 and December 31, 2017, respectively)	(1,234)	(25)
Total shareholders’ equity	199,456	207,163
Total liabilities and shareholders’ equity	$ 206,897	$ 214,402