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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Total revenues $ 7,000 $ 8,321 $ 23,633 $ 22,856
Costs and Expenses:        
Total expenses 8,402 8,347 23,915 21,873
Operating income (loss) (1,402) (26) (282) 983
Other Income:        
Investment income 142 185 297 383
Other income 17 20 55 47
Total other income 159 205 352 430
Income (loss) from operations before equity in earnings of unconsolidated joint ventures (1,243) 179 70 1,413
Equity in earnings of unconsolidated joint ventures, net 1,656 1,148 2,806 1,586
Income before income tax expense 413 1,327 2,876 2,999
Income tax expense 36 479 898 1,020
Net income 377 848 1,978 1,979
Net loss attributable to non-controlling interest (29) (26) (45) (8)
Net income attributable to common stockholders $ 406 $ 874 $ 2,023 $ 1,987
Net income per share attributable to common stockholders, basic, in dollars per share $ 0.02 $ 0.04 $ 0.10 $ 0.10
Net income per share attributable to common stockholders, diluted, in dollars per share $ 0.02 $ 0.04 $ 0.10 $ 0.10
Real estate - commercial/industrial        
Revenues:        
Total revenues $ 3,025 $ 2,553 $ 6,387 $ 5,495
Costs and Expenses:        
Total expenses 3,095 3,336 6,297 6,647
Real estate - resort/residential        
Revenues:        
Total revenues 0 90 0 183
Costs and Expenses:        
Total expenses 576 687 1,327 1,151
Mineral resources        
Revenues:        
Total revenues 2,652 2,754 12,852 12,408
Costs and Expenses:        
Total expenses 723 626 6,417 5,427
Farming        
Revenues:        
Total revenues 1,323 2,924 4,394 4,770
Costs and Expenses:        
Total expenses 1,244 1,428 3,587 3,292
Corporate expenses        
Costs and Expenses:        
Total expenses $ 2,764 $ 2,270 $ 6,287 $ 5,356