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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 1,029 $ 1,443
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 4,430 2,136
Deferred income taxes 0 3,092
Equity in loss of joint ventures 12 771
Stock-based compensation 41 522
Net changes in operating assets and liabilities:    
Accounts receivable 113 124
Deferred costs and other assets (405) 559
Accounts payable and accrued liabilities (442) (225)
Income taxes payable and receivable 585 (3,495)
Other long-term liabilities (38) (45)
Net cash provided by operating activities 5,325 4,882
Cash flows from investing activities:    
Investments in properties (1,584) (3,729)
Investments in joint ventures (28) (104)
Cash held in escrow 64 0
Net cash used in investing activities (1,548) (3,833)
Cash flows from financing activities:    
Distribution to noncontrolling interest (254) 0
Decrease in bank overdrafts 0 (254)
Repayment of long-term debt (1,086) (1,096)
Proceeds from borrowing on revolving credit facility 0 6,007
Payment on revolving credit facility 0 (5,907)
Repurchase of Company Stock 0 (74)
Exercise of employee stock options 0 381
Net cash used in financing activities (1,340) (943)
Net increase in cash and cash equivalents 2,437 106
Cash and cash equivalents at beginning of period 4,524 0
Cash and cash equivalents at end of the period $ 6,961 $ 106