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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Total revenues $ 45,619 $ 35,255 $ 45,979
Costs and Expenses:      
Total expenses 45,183 42,773 52,744
Operating income (loss) 436 (7,518) (6,765)
Other Income:      
Gain on sale of real estate 0 0 1,044
Investment income 1,344 462 457
Other loss (59) (275) (581)
Total other income 1,285 187 920
Income (loss) from operations before equity in earnings of unconsolidated joint ventures 1,721 (7,331) (5,845)
Equity in earnings of unconsolidated joint ventures, net 3,834 4,227 7,098
Income (loss) before income taxes 5,555 (3,104) 1,253
Income tax expense (benefit) 1,320 (1,283) 496
Net income (loss) 4,235 (1,821) 757
Net loss attributable to non-controlling interest (20) (24) (43)
Net income (loss) attributable to common stockholders $ 4,255 $ (1,797) $ 800
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.16 $ (0.08) $ 0.04
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.16 $ (0.08) $ 0.04
Real estate - commercial/industrial      
Revenues:      
Total revenues $ 8,970 $ 9,001 $ 9,840
Real estate - resort/residential      
Costs and Expenses:      
Total expenses 1,530 1,955 1,630
Mineral resources      
Revenues:      
Total revenues 14,395 5,983 14,153
Ranch operations      
Revenues:      
Total revenues 3,691 3,837 3,338
Costs and Expenses:      
Total expenses 5,451 5,411 5,734
Operating Segments      
Revenues:      
Total revenues 45,619 35,255 45,979
Costs and Expenses:      
Operating income (loss) 10,141 2,195 5,046
Operating Segments | Real estate - commercial/industrial      
Revenues:      
Total revenues 8,970 9,001 9,840
Costs and Expenses:      
Total expenses 6,246 6,529 7,100
Operating income (loss) 2,724 2,472 2,740
Operating Segments | Real estate - resort/residential      
Costs and Expenses:      
Operating income (loss) (1,530) (1,955) (1,630)
Operating Segments | Mineral resources      
Revenues:      
Total revenues 14,395 5,983 14,153
Costs and Expenses:      
Total expenses 6,223 2,964 7,796
Operating income (loss) 8,172 3,019 6,357
Operating Segments | Farming      
Revenues:      
Total revenues 18,563 16,434 18,648
Costs and Expenses:      
Total expenses 16,028 16,201 18,673
Operating income (loss) 2,535 233 (25)
Operating Segments | Ranch operations      
Revenues:      
Total revenues 3,691 3,837 3,338
Costs and Expenses:      
Operating income (loss) (1,760) (1,574) (2,396)
Corporate      
Costs and Expenses:      
Total expenses $ 9,705 $ 9,713 $ 11,811