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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Operating results and certain other financial data for the Company’s business segments

Operating results and certain other financial data for the Company’s business segments are as follows (in thousands):

 

                           
      Years Ended December 31,
      2021   2020   2019
  Revenues:            
Revenues  Asset management   $ 2,575       2,747       2,190  
Revenues  Mining royalty lands     9,465       9,477       9,438  
Revenues  Development     1,563       1,152       1,164  
Revenues  Stabilized Joint Venture     17,617       10,207       10,964  
Revenues     $ 31,220       23,583       23,756  
  Operating profit:                        
  Before corporate expenses:                        
Operating profit before corporate expenses  Asset management   $ 612       907       196  
Operating profit before corporate expenses  Mining royalty lands     8,558       8,629       8,690  
Operating profit before corporate expenses  Development     (2,548 )     (2,576 )     (2,817 )
Operating profit before corporate expenses  Stabilized Joint Venture     (1,277 )      1,685       2,243  
Operating profit before corporate expenses  Operating profit before corporate expenses     5,345       8,645       8,312  
   Corporate expenses:                        
Corporate expenses   Allocated to asset management     (843 )     (909 )     (646 )
Corporate expenses   Allocated to mining royalty lands     (318 )     (288 )     (169 )

 

 

Corporate expenses   Allocated to Development     (1,557 )     (2,108 )     (1,581 )
Corporate expenses   Allocated to Stabilized Joint Venture     (353 )     (206 )     (160 )
Corporate expenses       (3,071 )     (3,511 )     (2,556 )
Operating profit     $ 2,274       5,134       5,756  
                           
Interest expense Interest expense   $ 2,304       1,100       1,054  
                           
  Depreciation, depletion and amortization:                        
Depreciation, depletion and amortization  Asset management   $ 578       652       708  
Depreciation, depletion and amortization  Mining royalty lands     199       218       177  
Depreciation, depletion and amortization  Development     208       214       214  
Depreciation, depletion and amortization  Stabilized Joint Venture     11,752       4,744       4,756  
Depreciation, depletion and amortization     $ 12,737       5,828       5,855  
  Capital expenditures:                        
Capital expenditures  Asset management   $ 852       924       9,487  
Capital expenditures  Mining royalty lands     522       —         —    
Capital expenditures  Development     14,242       16,547       631  
Capital expenditures  Stabilized Joint Venture     914       73       316  
Capital expenditures     $ 16,530       17,544       10,434  
Identifiable net assets

                           
  Identifiable net assets at end of period:                        
Assets   Asset management   $ 23,897       11,172       18,468  
Assets   Mining royalty lands     37,627       37,387       38,409  
Assets   Development     176,386       196,212       179,357  
Assets   Stabilized Joint Venture     266,429       130,472       133,956  
Investments available for sale   Investments available for sale at fair value     4,317       75,609       137,867  
Cash   Cash items     162,273       74,105       26,793  
Assets   Unallocated corporate assets     7,261       11,403       3,298  
Assets     $ 678,190       536,360       538,148