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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Sales of real estate   $ 420 $ 3,350 $ 7,420
Rental income 130 105 254 214
Co-op marketing and advertising fees 104 48 218 80
Total revenues 234 573 3,822 7,714
EXPENSES        
Cost of sales 0 380 632 4,019
General and administrative expenses 1,899 1,829 3,851 4,202
Farming expenses 763 704 1,627 1,559
Administrative services fees to Leucadia National Corporation 45 45 90 90
Total expenses 2,707 2,958 6,200 9,870
Loss from operations (2,473) (2,385) (2,378) (2,156)
Interest and other income 26 68 52 294
Loss before income taxes and noncontrolling interest (2,447) (2,317) (2,326) (1,862)
Income tax benefit 975 936 912 743
Net loss (1,472) (1,381) (1,414) (1,119)
Net income (loss) attributable to the noncontrolling interest (49) (95) 376 223
Net loss attributable to HomeFed Corporation common shareholders $ (1,423) $ (1,286) $ (1,790) $ (1,342)
Basic and diluted loss per common share attributable to HomeFed Corporation common shareholders $ (0.18) $ (0.16) $ (0.23) $ (0.17)