Business Segments (Tables) - Operating Segments

6 Months Ended

Jun. 30, 2015

Segment Reporting Information [Line Items]

The revenue components of the commercial/industrial real estate development segment were as follows:



	Three Months Ended June 30						Six Months Ended June 30
($ in thousands)	2015			2014			2015		2014
Commercial leases	$	1,650		$	1,510		$	3,795	$	2,785
Grazing leases	524			346			911		713
All other land management ancillary services	851			697			1,681		1,997
Total commercial revenues	3,025			2,553			6,387		5,495
Profit (loss) from commercial activities	(70		)	(783		)	90		(1,152		)
Equity in earnings of unconsolidated joint ventures	1,656			1,148			2,806		1,621
Income from commercial/industrial and unconsolidated joint ventures	$	1,586		$	365		$	2,896	$	469

Real estate - resort/residential

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the resort/residential real estate land development segment, which represented management fees from TMV prior to us acquiring the remaining ownership interest from our joint venture partner, were as follows:



	Three Months Ended June 30						Six Months Ended June 30
($ in thousands)	2015			2014			2015			2014
Management fees	$	—		$	90		$	—		$	180
Other	—			—			—			3
Total revenue	—			90			—			183
Equity in losses of unconsolidated joint ventures	—			(14		)	—			(35		)
Revenues and equity in earnings of unconsolidated joint ventures	—			76			—			148
Loss from resort/residential	$	(576	)	(611		)	(1,327		)	(1,003		)

Mineral resources

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the mineral resources segment was as follows:



	Three Months Ended June 30				Six Months Ended June 30
($ in thousands)	2015		2014		2015		2014
Oil and gas	$	917	$	1,782	$	1,693	$	3,522
Water sales	1,172		313		10,165		7,703
Rock aggregate	245		329		347		592
Cement	301		274		543		479
Land lease for oil exploration	17		56		104		112
Total revenue	2,652		2,754		12,852		12,408
Income from mineral resources activities	$	1,929	$	2,128	$	6,435	$	6,981

Farming Segment

Segment Reporting Information [Line Items]

Components of segment revenues

The farming segment produces revenues from the sale of almonds, pistachios, wine grapes, and hay. The revenue components of the farming segment were as follows:



	Three Months Ended June 30				Six Months Ended June 30
($ in thousands)	2015		2014		2015		2014
Almonds	$	663	$	820	$	3,379	$	2,095
Pistachios	514		1,811		763		2,119
Hay	112		138		205		404
Total crop proceeds	1,289		2,769		4,347		4,618
Other farming revenues	34		155		47		152
Total farming revenues	1,323		2,924		4,394		4,770
Income from farming activities	$	79	$	1,496	$	807	$	1,478