Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating Activities
Net income	$ 1,195	$ 1,601
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,366	1,098
Amortization of premium/discount of marketable securities	123	160
Equity in earnings of unconsolidated joint ventures	(1,455)	(1,150)
Non-cash retirement plan expense	242	(166)
Gain on sale of real estate/assets	(14)	0
Stock compensation expense	973	953
Changes in operating assets and liabilities:
Receivables, inventories and other assets, net	(2,435)	(1,883)
Current liabilities	(1,026)	1,131
Net cash (used in) provided by operating activities	(1,031)	1,744
Investing Activities
Maturities and sales of marketable securities	1,383	5,590
Funds invested in marketable securities	(1,222)	(7,487)
Property and equipment expenditures	(5,667)	(6,117)
Reimbursement proceeds from Communities Facilities District	4,162	4,971
Proceeds from sale of real estate/assets	145	0
Investment in unconsolidated joint ventures	(20)	0
Distribution of equity from unconsolidated joint ventures	0	1,100
Net cash used in investing activities	(1,219)	(1,943)
Financing Activities
Borrowings of short-term debt	2,000	4,110
Repayments of short-term debt	0	(7,300)
Repayments of long-term debt	(63)	(62)
Taxes on vested stock grants	(310)	(515)
Net cash provided by (used in) financing activities	1,627	(3,767)
Decrease in cash and cash equivalents	(623)	(3,966)
Cash and cash equivalents at beginning of year	1,930	5,638
Cash and cash equivalents at end of period	1,307	1,672
Supplemental cash flow information
Accrued capital expenditures included in current liabilities	319	2,135
Taxes paid	$ 1,350	$ 2,100