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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 8,946 $ 5,070 $ 19,608 $ 18,539
Costs and Expenses:        
Total expenses 10,341 7,419 22,035 19,343
Operating loss (1,395) (2,349) (2,427) (804)
Other Income:        
Investment income 329 346 678 629
Other income (loss), net 22 (10) 48 (24)
Total other income 351 336 726 605
Loss from operations before equity in earnings of unconsolidated joint ventures (1,044) (2,013) (1,701) (199)
Equity in earnings of unconsolidated joint ventures, net 1,971 652 2,847 819
Income (loss) before income tax expense 927 (1,361) 1,146 620
Income tax expense (benefit) 218 (348) 313 178
Net income (loss) 709 (1,013) 833 442
Net income (loss) attributable to non-controlling interest 2 (16) 7 (18)
Net income (loss) attributable to common stockholders $ 707 $ (997) $ 826 $ 460
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.03 $ (0.04) $ 0.03 $ 0.02
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.03 $ (0.04) $ 0.03 $ 0.02
Real estate - commercial/industrial        
Costs and Expenses:        
Total expenses $ 4,593 $ 1,388 $ 6,385 $ 2,707
Other Income:        
Equity in earnings of unconsolidated joint ventures, net 1,971 652 2,847 819
Income (loss) before income tax expense 3,973 1,453 5,883 2,455
Real estate - resort/residential        
Costs and Expenses:        
Total expenses 642 433 1,290 848
Mineral resources        
Costs and Expenses:        
Total expenses 598 595 4,430 4,826
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures 62 905 2,362 5,805
Farming        
Costs and Expenses:        
Total expenses 825 1,191 2,423 3,029
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures 61 (649) (722) (1,292)
Ranch operations        
Costs and Expenses:        
Total expenses 1,393 1,348 2,743 2,737
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures (588) (509) (1,049) (909)
Operating Segments | Real estate - commercial/industrial        
Revenues:        
Total revenues 6,595 2,189 9,421 4,343
Operating Segments | Mineral resources        
Revenues:        
Total revenues 660 1,500 6,792 10,631
Operating Segments | Farming        
Revenues:        
Total revenues 886 542 1,701 1,737
Operating Segments | Ranch operations        
Revenues:        
Total revenues 805 839 1,694 1,828
Corporate expenses        
Costs and Expenses:        
Total expenses $ 2,290 $ 2,464 $ 4,764 $ 5,196