Reporting Segments and Related Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Components of segment revenues

The following table summarizes revenues, expenses and operating results from this segment for the periods ended:

	Three Months Ended June 30,					Six Months Ended June 30,
($ in thousands)	2020			2019		2020			2019
Farming revenues	$	209		$	886	$	1,161		$	1,701
Farming expenses	1,099			825		2,801			2,423
Operating results from farming	$	(890	)	$	61	$	(1,640	)	$	(722	)

The following table summarizes revenues, expenses and operating income from this segment for the periods ended:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2020		2019		2020		2019
Commercial/industrial revenues	$	2,114	$	6,595	$	4,434	$	9,421
Equity in earnings of unconsolidated joint ventures	1,181		1,971		2,536		2,847
Commercial/industrial revenues and equity in earnings of unconsolidated joint ventures	3,295		8,566		6,970		12,268
Commercial/industrial expenses	1,747		4,593		3,678		6,385
Operating results from commercial/industrial and unconsolidated joint ventures	$	1,548	$	3,973	$	3,292	$	5,883

The following table summarizes revenues, expenses and operating results from this segment for the periods ended:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2020		2019		2020		2019
Mineral resources revenues	$	1,776	$	660	$	7,954	$	6,792
Mineral resources expenses	714		598		4,592		4,430
Operating results from mineral resources	$	1,062	$	62	$	3,362	$	2,362

The following table summarizes revenues, expenses and operating results from this segment for the periods ended:

	Three Months Ended June 30,						Six Months Ended June 30,
($ in thousands)	2020			2019			2020			2019
Ranch operations revenues	$	676		$	805		$	1,539		$	1,694
Ranch operations expenses	1,178			1,393			2,584			2,743
Operating results from ranch operations	$	(502	)	$	(588	)	$	(1,045	)	$	(1,049	)