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Unaudited Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Total revenues $ 15,128 $ 16,114 $ 32,363 $ 33,542
Costs and Expenses:        
Total expenses 13,383 12,112 29,361 30,430
Operating income 1,745 4,002 3,002 3,112
Other Income:        
Investment income 216 313 729 948
Interest income (expense) 0 33 0 (2)
Other income 20 15 37 50
Total other income 236 361 766 996
Income from operations before equity in earnings of unconsolidated joint ventures 1,981 4,363 3,768 4,108
Equity in earnings of unconsolidated joint ventures, net 1,241 1,114 2,920 1,648
Income before income tax expense 3,222 5,477 6,688 5,756
Income tax expense 919 1,525 1,752 1,461
Net income 2,303 3,952 4,936 4,295
Net income (loss) attributable to non-controlling interest 11 (69) (55) (119)
Net income attributable to common stockholders 2,292 4,021 4,991 4,414
Net income per share attributable to common stockholders, basic (usd per share) $ 0.11 $ 0.20 $ 0.25 $ 0.22
Net income per share attributable to common stockholders, diluted (usd per share) $ 0.11 $ 0.20 $ 0.25 $ 0.22
Real estate - commercial/industrial
       
Revenues:        
Total revenues 2,842 2,738 8,389 7,509
Costs and Expenses:        
Total expenses 3,290 3,056 9,544 8,994
Real estate - resort/residential
       
Revenues:        
Total revenues 410 132 881 267
Costs and Expenses:        
Total expenses 804 1,430 2,378 3,585
Mineral resources
       
Revenues:        
Total revenues 2,424 3,447 8,055 11,232
Costs and Expenses:        
Total expenses 152 33 377 190
Farming
       
Revenues:        
Total revenues 9,452 9,797 15,038 14,534
Costs and Expenses:        
Total expenses 6,224 5,003 9,660 8,224
Corporate expenses
       
Costs and Expenses:        
Total expenses $ 2,913 $ 2,590 $ 7,402 $ 9,437