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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 30,606 $ 37,128
Investments ($1,754 and $1,902 measured at fair value at June 30, 2018 and December 31, 2017, respectively) 3,066 3,214
Real estate and tangible water assets, net 44,311 44,675
Intangible assets 122,790 126,785
Other assets 2,322 2,600
Total assets 203,095 214,402
Liabilities and equity    
Deferred compensation 4,196 4,112
Other liabilities 2,555 2,431
Accounts payable and accrued expenses 370 696
Total liabilities 7,121 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, 22,022 issued and 22,020 outstanding at June 30, 2018, and 23,153 issued and 23,152 outstanding at December 31, 2017 22 23
Additional paid-in capital 366,744 379,388
Accumulated deficit (170,767) (172,767)
Accumulated other comprehensive income 544
Treasury stock, at cost (common shares: 1 at June 30, 2018 and December 31, 2017) (25) (25)
Total shareholders’ equity 195,974 207,163
Total liabilities and shareholders’ equity $ 203,095 $ 214,402