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Condensed Consolidated Statements of Operations and Comprehensive Income or Loss - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues and other income:        
Sale of real estate and water assets $ 4,051 $ 230 $ 18,463 $ 10,957
Impairment loss on investment in unconsolidated affiliate 0 (1,312) 0 (1,312)
Other income, net 204 388 575 617
Total revenues and other income 4,255 (694) 19,038 10,262
Cost of sales and expenses:        
Cost of real estate and water assets sold 706 98 4,993 4,458
General, administrative, and other 2,067 3,859 6,789 8,947
Depreciation and amortization 103 18 311 57
Total cost of sales and expenses 2,876 3,975 12,093 13,462
Income (loss) before income taxes 1,379 (4,669) 6,945 (3,200)
Provision for federal and state income taxes 0 0 0 (72)
Income (loss) from continuing operations 1,379 (4,669) 6,945 (3,272)
Income on sale and impairment loss on classification of assets as held-for-sale, net of tax 0 0 0 43
Net income (loss) 1,379 (4,669) 6,945 (3,229)
Other comprehensive income (loss):        
Net income (loss) 1,379 (4,669) 6,945 (3,229)
Other comprehensive income (loss), net of tax:        
Unrealized loss on securities, net of deferred income tax and reclassification adjustments 0 0 0 (544)
Total other comprehensive loss, net of tax 0 0 0 (544)
Comprehensive income (loss) $ 1,379 $ (4,669) $ 6,945 $ (3,773)
Net income (loss) per common share – basic and diluted (in dollars per share) $ 0.07 $ (0.21) $ 0.34 $ (0.15)
Weighted average shares outstanding (in shares) 20,036 21,754 20,251 22,400