Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues:
Lease revenue	$ 3,598	$ 3,485
Mining lands lease revenue	2,185	2,229
Total revenues	5,783	5,714
Cost of operations:
Depreciation, depletion and amortization	1,468	1,487
Operating expenses	925	882
Property taxes	737	753
Management company indirect	672	592
Corporate expenses	1,187	645
Total cost of operations	4,989	4,359
Total operating profit	794	1,355
Net investment income, including realized gains of $108 and $119	1,991	1,810
Interest expense	(51)	(588)
Equity in loss of joint ventures	(642)	(264)
Gain on real estate	8	0
Income from continuing operations before income taxes	2,100	2,313
Provision for income taxes	601	672
Income from continuing operations	1,499	1,641
Income from discontinued operations, net	0	86
Net income	1,499	1,727
Loss attributable to noncontrolling interest	(119)	(171)
Net income attributable to the Company	$ 1,618	$ 1,898
Basic earnings per common share
Income from continuing operations	$ 0.15	$ 0.16
Discontinued operations	0.00	0.01
Net income attributable to the Company	0.17	0.19
Diluted earnings per common share
Income from continuing operations	0.15	0.16
Discontinued operations	0.00	0.01
Net income attributable to the Company	$ 0.16	$ 0.19
Number of shares (in thousands) used in computing:
-basic earnings per common share	9,803	9,952
-diluted earnings per common share	9,833	9,996