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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues:    
Rental revenue $ 6,027 $ 5,868
Royalty and rents 1,638 1,320
Revenue - reimbursements 1,158 1,114
Total revenues 8,823 8,302
Cost of operations:    
Depreciation, depletion and amortization 1,896 1,883
Operating expenses 973 914
Environmental remediation recovery (3,000) 0
Property taxes 1,118 1,095
Management company indirect 504 352
Corporate expenses (Note 4 Related Party) 732 1,713
Total cost of operations 2,223 5,957
Total operating profit 6,600 2,345
Interest income 1 0
Interest expense (481) (445)
Equity in loss of joint ventures (54) (30)
Gain (loss) on investment land sold 6,286 (17)
Income from continuing operations before income taxes 12,352 1,853
Provision for income taxes 4,879 722
Income from continuing operations 7,473 1,131
Gain from discontinued transportation operations, net of taxes 0 1,663
Net income 7,473 2,794
Comprehensive net income $ 7,473 $ 2,794
Basic earnings per common share    
Income from continuing operations $ 0.76 $ 0.12
Discontinued operations 0.00 0.17
Net income 0.76 0.29
Diluted earnings per common share    
Income from continuing operations 0.76 0.12
Discontinued operations 0.00 0.17
Net income $ 0.76 $ 0.29
Number of shares (in thousands) used in computing:    
-basic earnings per common share 9,802 9,711
-diluted earnings per common share 9,853 9,771