Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues:
Lease revenue	$ 3,485	$ 3,303
Mining lands lease revenue	2,229	1,772
Total revenues	5,714	5,075
Cost of operations:
Depreciation, depletion and amortization	1,487	2,398
Operating expenses	882	865
Property taxes	753	675
Management company indirect	592	361
Corporate expenses (Note 4 Related Party)	645	679
Total cost of operations	4,359	4,978
Total operating profit	1,355	97
Net investment income, including realized gains of $119 and $0	1,810	5
Interest expense	(588)	(843)
Equity in loss of joint ventures	(264)	(12)
Income (loss) from continuing operations before income taxes	2,313	(753)
Provision for (benefit from) income taxes	672	(60)
Income (loss) from continuing operations	1,641	(693)
Income from discontinued operations, net of tax	86	1,722
Net income	1,727	1,029
Income (loss) attributable to noncontrolling interest	(171)	(531)
Net income attributable to the Company	$ 1,898	$ 1,560
Basic earnings per common share
Income (loss) from continuing operations	$ 0.16	$ (0.07)
Discontinued operations	0.01	0.17
Net income attributable to the Company	0.19	0.16
Diluted earnings per common share
Income (loss) from continuing operations	0.16	(0.07)
Discontinued operations	0.01	0.17
Net income attributable to the Company	$ 0.19	$ 0.15
Number of shares (in thousands) used in computing:
-basic earnings per common share	9,952	10,015
-diluted earnings per common share	9,996	10,085