Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets:
Land	$ 127,700	$ 127,700
Buildings and improvements	334,850	334,327
Projects under construction	9,443	8,381
Total investments in properties	471,993	470,408
Less accumulated depreciation and depletion	97,838	94,804
Net investments in properties	374,155	375,604
Real estate held for investment, at cost	7,176	7,176
Investments in joint ventures	13,422	13,406
Net real estate investments	394,753	396,186
Cash and cash equivalents	6,961	4,524
Cash held in escrow	269	333
Accounts receivable, net	907	1,020
Federal and state income taxes receivable	2,377	2,962
Unrealized rents	4,805	4,311
Deferred costs	7,729	9,217
Other assets	183	181
Total assets	417,984	418,734
Liabilities:
Secured notes payable, current portion	4,248	4,463
Secured notes payable, less current portion	112,983	113,854
Accounts payable and accrued liabilities	4,411	4,370
Environmental remediation liability	2,037	2,037
Deferred revenue	591	1,074
Deferred income taxes	25,982	25,982
Deferred compensation	1,459	1,457
Tenant security deposits	875	915
Total liabilities	152,586	154,152
Commitments and contingencies (Note 8)
Equity:
Common stock, $.10 par value; 25,000,000 shares authorized, 10,014,667 shares issued and outstanding	1,001	1,001
Capital in excess of par value	55,678	55,636
Retained earnings	188,415	186,855
Accumulated other comprehensive income, net	38	38
Total shareholders' equity	245,132	243,530
Noncontrolling interest MRP	20,266	21,052
Total Equity	265,398	264,582
Total liabilities and shareholders' equity	$ 417,984	$ 418,734