Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Provision for income tax expense included in the financial statements

The Provision for income tax expense included in the financial statements (in thousands):

	Years Ended December 31,
	2021			2020			2019
Included in Net income:
Continuing operations	$	10,281			3,207			2,962
Discontinued operations		—			—			2,542
		10,281			3,207			5,504
Comprehensive income		(209	)		(92	)		602
Total tax expense	$	10,072			3,115			6,106

Provision for income taxes

The Provision for income taxes (income tax benefit) consists of the following (in thousands):

	Year Ended December 31,
	2021		2020			2019
Current:
Federal	$	305		(2,667	)		(8,225	)
State		1,826		(213	)		(7,799	)
		2,131		(2,880	)		(16,024	)
Deferred		7,941		5,995			22,130
Total	$	10,072		3,115			6,106

Reconciliation between the amount of tax shown above and the amount computed at the statutory Federal income tax

A Reconciliation between the amount of tax shown above and the amount computed at the statutory Federal income tax rate follows (in thousands):

	Year Ended December 31
	2021			2020			2019
Amount computed at statutory
Federal rate	$	7,941			3,226			5,006
State income taxes (net of Federal   income tax benefit)		2,634			1,048			1,623
Carryback of net operating loss		—			(1,100	)		—
Other, net		(503	)		(59	)		(523	)
Provision for income taxes	$	10,072			3,115			6,106

Deferred tax assets and deferred tax liabilities

The types of temporary differences and their related tax effects that give rise to Deferred tax assets and deferred tax liabilities are presented below (in thousands):

	December 31,
	2021		2020		2019
Deferred tax liabilities:
Property and equipment	$	38,143		56,314		49,932
Investment in opportunity zone		30,846		—		—
Depletion		704		708		718

Unrealized rents		58	27	27
Prepaid expenses		36	50	76
Gross deferred tax liabilities		69,787	57,099	50,753
Deferred tax assets:
Federal tax loss carryforwards		3,235	—	—
State tax loss carryforwards		1,388	—	—
Employee benefits and other		1,117	993	642
Gross deferred tax assets		5,740	993	642
Net deferred tax liability	$	64,047	56,106	50,111

NOL Carryovers

	Years Ended
Other Items - All Gross		12/31/2021	12/31/2020
State NOL Carryovers		23,111,156	3,863,571
Federal NOL Carryovers		15,406,397	—