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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenues $ 49,523 $ 45,619 $ 35,255
Costs and expenses:      
Total expenses 50,954 45,183 42,773
Operating (loss) income (1,431) 436 (7,518)
Other (loss) income:      
Investment income 1,239 1,344 462
Other loss (1,824) (59) (275)
Total other (loss) income (585) 1,285 187
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (2,016) 1,721 (7,331)
Equity in earnings of unconsolidated joint ventures, net 16,575 3,834 4,227
Income (loss) before income taxes 14,559 5,555 (3,104)
Income tax expense (benefit) 3,980 1,320 (1,283)
Net income (loss) 10,579 4,235 (1,821)
Net loss attributable to non-controlling interest (1) (20) (24)
Net income (loss) attributable to common stockholders $ 10,580 $ 4,255 $ (1,797)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.41 $ 0.16 $ (0.08)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.40 $ 0.16 $ (0.08)
Real estate - commercial/industrial      
Revenues:      
Total revenues $ 16,792 $ 8,970 $ 9,001
Costs and expenses:      
Total expenses 12,961 6,246 6,529
Other (loss) income:      
Equity in earnings of unconsolidated joint ventures, net 16,575 3,834 4,227
Income (loss) before income taxes 20,406 6,558 6,699
Real estate - resort/residential      
Costs and expenses:      
Total expenses 2,247 1,530 1,955
Mineral resources      
Revenues:      
Total revenues 9,791 14,395 5,983
Costs and expenses:      
Total expenses 5,818 6,223 2,964
Other (loss) income:      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures 3,973 8,172 3,019
Farming      
Revenues:      
Total revenues 19,331 18,563 16,434
Costs and expenses:      
Total expenses 15,251 16,028 16,201
Other (loss) income:      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures 4,080 2,535 233
Ranch operations      
Revenues:      
Total revenues 3,609 3,691 3,837
Costs and expenses:      
Total expenses 5,316 5,451 5,411
Other (loss) income:      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (1,707) (1,760) (1,574)
Operating Segments      
Revenues:      
Total revenues 49,523 45,619 35,255
Costs and expenses:      
Operating (loss) income 7,930 10,141 2,195
Operating Segments | Real estate - commercial/industrial      
Revenues:      
Total revenues 16,792 8,970 9,001
Costs and expenses:      
Total expenses     6,529
Operating (loss) income 3,831 2,724 2,472
Operating Segments | Real estate - resort/residential      
Costs and expenses:      
Operating (loss) income (2,247) (1,530) (1,955)
Operating Segments | Mineral resources      
Revenues:      
Total revenues 9,791 14,395 5,983
Costs and expenses:      
Total expenses     2,964
Operating (loss) income 3,973 8,172 3,019
Operating Segments | Farming      
Revenues:      
Total revenues 19,331 18,563 16,434
Costs and expenses:      
Total expenses     16,201
Operating (loss) income 4,080 2,535 233
Operating Segments | Ranch operations      
Revenues:      
Total revenues 3,609 3,691 3,837
Costs and expenses:      
Operating (loss) income (1,707) (1,760) (1,574)
Corporate      
Costs and expenses:      
Total expenses $ 9,361 $ 9,705 $ 9,713