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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Rental revenue $ 6,328 $ 30,385 $ 24,457 $ 23,410
Mining Royalty and rents 1,857 7,153 7,443 5,999
Revenue - reimbursements 1,327 5,653 5,557 5,237
Total revenues 9,512 43,191 37,457 34,646
Cost of operations:        
Depreciation, depletion and amortization 2,095 13,532 8,051 7,378
Operating expenses 994 5,621 4,624 4,609
Environmental remediation recovery 0 0 (1,000) 0
Property taxes 1,089 5,024 4,475 4,443
Management company indirect 475 2,029 1,844 1,647
Corporate expenses (Note 4 Related Party) 855 3,380 3,080 4,388
Total cost of operations 5,508 29,586 21,074 22,465
Total operating profit 4,004 13,605 16,383 12,181
Interest income 0 0 2 0
Interest expense (306) (4,323) (1,561) (2,014)
Equity in loss of joint ventures (1,119) (1,598) (978) (145)
Gain on remeasurement of investment in real estate partnership 0 60,196 0 0
Gain (loss) on investment land sold 0 0 6,029 (34)
Income from continuing operations before income taxes 2,579 67,880 19,875 9,988
Provision for income taxes 897 7,329 7,851 3,895
Income from continuing operations 1,682 60,551 12,024 6,093
Gain from discontinued transportation operations, net of taxes 0 0 0 2,179
Net income 1,682 60,551 12,024 8,272
Income attributable to noncontrolling interest 0 18,801 0 0
Net income attributable to the Company $ 1,682 $ 41,750 $ 12,024 $ 8,272
Basic earnings per common share        
Income from continuing operations $ 0.17 $ 6.07 $ 1.22 $ 0.62
Discontinued operations 0.00 0.00 0.00 0.23
Net income 0.17 4.19 1.22 0.85
Diluted earnings per common share        
Income from continuing operations 0.17 6.03 1.22 0.62
Discontinued operations 0.00 0.00 0.00 0.22
Net income $ 0.17 $ 4.16 $ 1.22 $ 0.84
Number of shares (in thousands) used in computing:        
-basic earnings per common share 9,879 9,975 9,846 9,756
-diluted earnings per common share 9,923 10,040 9,890 9,827