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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Total revenues $ 35,657 $ 45,577 $ 51,147
Costs and Expenses:      
Total expenses 43,201 53,483 54,343
Operating (loss) income (7,544) (7,906) (3,196)
Other Income:      
Gain on sale of real estate 0 1,044 0
Investment income 462 457 528
Other income 153 158 381
Total other income 615 1,659 909
Loss from operations before equity in earnings of unconsolidated joint ventures (6,929) (6,247) (2,287)
Equity in earnings of unconsolidated joint ventures, net 4,227 7,098 6,324
(Loss) income before income taxes (2,702) 851 4,037
Income tax (benefit) expense (1,123) 336 1,125
Net (loss) income (1,579) 515 2,912
Net loss attributable to non-controlling interest (24) (43) (38)
Net (loss) income attributable to common stockholders $ (1,555) $ 558 $ 2,950
Net (loss) income per share attributable to common stockholders, basic (in dollars per share) $ (0.07) $ 0.03 $ 0.14
Net (loss) income per share attributable to common stockholders, diluted (in dollars per share) $ (0.07) $ 0.03 $ 0.14
Ranch operations      
Costs and Expenses:      
Total expenses $ 5,411 $ 5,734 $ 6,112
Operating Segments      
Revenues:      
Total revenues 35,657 45,577 51,147
Costs and Expenses:      
Operating (loss) income 2,597 4,644 9,612
Operating Segments | Real estate - commercial/industrial      
Revenues:      
Total revenues 9,403 9,438 8,272
Costs and Expenses:      
Total expenses 6,529 7,100 6,694
Operating (loss) income 2,874 2,338 1,578
Operating Segments | Real estate - resort/residential      
Costs and Expenses:      
Operating (loss) income (1,955) (1,630) (2,349)
Operating Segments | Mineral resources      
Revenues:      
Total revenues 5,983 14,153 15,116
Costs and Expenses:      
Total expenses 2,964 7,796 7,396
Operating (loss) income 3,019 6,357 7,720
Operating Segments | Farming      
Revenues:      
Total revenues 16,434 18,648 23,836
Costs and Expenses:      
Total expenses 16,201 18,673 18,984
Operating (loss) income 233 (25) 4,852
Operating Segments | Ranch operations      
Revenues:      
Total revenues 3,837 3,338 3,923
Costs and Expenses:      
Operating (loss) income (1,574) (2,396) (2,189)
Corporate      
Costs and Expenses:      
Total expenses $ 10,141 $ 12,550 $ 12,808