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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 9,657 $ 15,432 $ 29,265 $ 33,971
Costs and Expenses:        
Total expenses 12,125 12,717 34,160 32,060
Operating (loss) income (2,468) 2,715 (4,895) 1,911
Other Income:        
Investment income 294 351 972 980
Other income (loss), net 19 (16) 67 (40)
Total other income 313 335 1,039 940
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (2,155) 3,050 (3,856) 2,851
Equity in earnings of unconsolidated joint ventures, net 2,199 1,592 5,046 2,411
Income before income tax expense 44 4,642 1,190 5,262
Income tax expense 7 1,155 320 1,333
Net income 37 3,487 870 3,929
Net loss attributable to non-controlling interest (10) (1) (3) (19)
Net income attributable to common stockholders $ 47 $ 3,488 $ 873 $ 3,948
Net income per share attributable to common stockholders, basic (in dollars per share) $ 0.00 $ 0.13 $ 0.03 $ 0.15
Net income per share attributable to common stockholders, diluted (in dollars per share) $ 0.00 $ 0.13 $ 0.03 $ 0.15
Real estate - commercial/industrial        
Costs and Expenses:        
Total expenses $ 1,968 $ 1,678 $ 8,353 $ 4,385
Other Income:        
Equity in earnings of unconsolidated joint ventures, net 2,199 1,592 5,046 2,411
Income before income tax expense 2,851 2,359 8,734 4,814
Real estate - resort/residential        
Costs and Expenses:        
Total expenses 582 471 1,872 1,319
Mineral resources        
Costs and Expenses:        
Total expenses 576 574 5,006 5,400
Other Income:        
(Loss) income from operations before equity in earnings of unconsolidated joint ventures 983 781 3,345 6,586
Farming        
Costs and Expenses:        
Total expenses 5,979 6,541 8,402 9,570
Other Income:        
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (1,377) 4,295 (2,099) 3,003
Ranch operations        
Costs and Expenses:        
Total expenses 1,260 1,353 4,003 4,090
Other Income:        
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (384) (557) (1,433) (1,466)
Operating Segments | Real estate - commercial/industrial        
Revenues:        
Total revenues 2,620 2,445 12,041 6,788
Operating Segments | Mineral resources        
Revenues:        
Total revenues 1,559 1,355 8,351 11,986
Operating Segments | Farming        
Revenues:        
Total revenues 4,602 10,836 6,303 12,573
Operating Segments | Ranch operations        
Revenues:        
Total revenues 876 796 2,570 2,624
Corporate expenses        
Costs and Expenses:        
Total expenses $ 1,760 $ 2,100 $ 6,524 $ 7,296