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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 4,775 $ 8,946 $ 15,088 $ 19,608
Costs and Expenses:        
Total expenses 7,558 10,341 19,634 22,035
Operating loss (2,783) (1,395) (4,546) (2,427)
Other Income:        
Investment income 151 329 379 678
Gain on sale of real estate 1,333 0 1,333 0
Other income, net (12) 22 (4) 48
Total other income 1,472 351 1,708 726
Loss from operations before equity in earnings of unconsolidated joint ventures (1,311) (1,044) (2,838) (1,701)
Equity in earnings of unconsolidated joint ventures, net 1,181 1,971 2,536 2,847
(Loss) income before income tax expense (130) 927 (302) 1,146
Income tax expense 196 218 708 313
Net (loss) income (326) 709 (1,010) 833
Net income attributable to non-controlling interest 7 2 5 7
Net (loss) income attributable to common stockholders $ (333) $ 707 $ (1,015) $ 826
Net (loss) income per share attributable to common stockholders, basic (in dollars per share) $ (0.01) $ 0.03 $ (0.04) $ 0.03
Net (loss) income per share attributable to common stockholders, diluted (in dollars per share) $ (0.01) $ 0.03 $ (0.04) $ 0.03
Real estate - commercial/industrial        
Costs and Expenses:        
Total expenses $ 1,747 $ 4,593 $ 3,678 $ 6,385
Other Income:        
Equity in earnings of unconsolidated joint ventures, net 1,181 1,971 2,536 2,847
(Loss) income before income tax expense 1,548 3,973 3,292 5,883
Real estate - resort/residential        
Costs and Expenses:        
Total expenses 326 642 952 1,290
Mineral resources        
Costs and Expenses:        
Total expenses 714 598 4,592 4,430
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures 1,062 62 3,362 2,362
Farming        
Costs and Expenses:        
Total expenses 1,099 825 2,801 2,423
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures (890) 61 (1,640) (722)
Ranch operations        
Costs and Expenses:        
Total expenses 1,178 1,393 2,584 2,743
Other Income:        
Loss from operations before equity in earnings of unconsolidated joint ventures (502) (588) (1,045) (1,049)
Operating Segments | Real estate - commercial/industrial        
Revenues:        
Total revenues 2,114 6,595 4,434 9,421
Operating Segments | Mineral resources        
Revenues:        
Total revenues 1,776 660 7,954 6,792
Operating Segments | Farming        
Revenues:        
Total revenues 209 886 1,161 1,701
Operating Segments | Ranch operations        
Revenues:        
Total revenues 676 805 1,539 1,694
Corporate expenses        
Costs and Expenses:        
Total expenses $ 2,494 $ 2,290 $ 5,027 $ 4,764