Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 20,829	$ 37,128
Investments ($1,902 measured at fair value at December 31, 2017)	0	3,214
Real estate and tangible water assets, net	44,304	44,675
Intangible assets	122,798	126,785
Other assets	1,181	2,600
Total assets	189,112	214,402
Liabilities and equity
Deferred compensation	0	4,112
Other liabilities	4,392	2,431
Accounts payable and accrued expenses	218	696
Total liabilities	4,610	7,239
Commitments and contingencies	0	0
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued	0	0
Common stock, $0.001 par value; authorized 100,000 shares, 21,685 issued and 21,461 outstanding at September 30, 2018, and 23,153 issued and 23,152 outstanding at December 31, 2017	22	23
Additional paid-in capital	362,651	379,388
Accumulated deficit	(175,436)	(172,767)
Accumulated other comprehensive income	0	544
Treasury stock, at cost (common shares: 223 at September 30, 2018 and 1 at December 31, 2017)	(2,735)	(25)
Total shareholders’ equity	184,502	207,163
Total liabilities and shareholders’ equity	$ 189,112	$ 214,402