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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Total revenues $ 37,830 $ 49,523 $ 45,619
Costs and expenses:      
Total expenses 44,577 50,954 45,183
Operating (loss) income (6,747) (1,431) 436
Other income (loss):      
Investment income 884 1,239 1,344
Gain on sale of real estate 1,331 0 0
Other income (loss) 110 (1,824) (59)
Total other income (loss) 2,325 (585) 1,285
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (4,422) (2,016) 1,721
Equity in earnings of unconsolidated joint ventures, net 4,504 16,575 3,834
Income before income taxes 82 14,559 5,555
Income tax expense 829 3,980 1,320
Net (loss) income (747) 10,579 4,235
Net loss attributable to non-controlling interest (7) (1) (20)
Net (loss) income attributable to common stockholders $ (740) $ 10,580 $ 4,255
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ (0.03) $ 0.41 $ 0.16
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ (0.03) $ 0.40 $ 0.16
Real estate - commercial/industrial      
Revenues:      
Total revenues $ 9,536 $ 16,792 $ 8,970
Costs and expenses:      
Total expenses 7,122 12,961 6,246
Operating (loss) income 2,414 3,831 2,724
Other income (loss):      
Equity in earnings of unconsolidated joint ventures, net 4,504 16,575 3,834
Income before income taxes 6,918 20,406 6,558
Real estate - resort/residential      
Costs and expenses:      
Total expenses 1,612 2,247 1,530
Operating (loss) income (1,612) (2,247) (1,530)
Mineral resources      
Revenues:      
Total revenues 10,736 9,791 14,395
Costs and expenses:      
Total expenses 6,414 5,818 6,223
Operating (loss) income 4,322 3,973 8,172
Other income (loss):      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures 4,322 3,973 8,172
Farming      
Revenues:      
Total revenues 13,866 19,331 18,563
Costs and expenses:      
Total expenses 15,103 15,251 16,028
Operating (loss) income (1,237) 4,080 2,535
Other income (loss):      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (1,237) 4,080 2,535
Ranch operations      
Revenues:      
Total revenues 3,692 3,609 3,691
Costs and expenses:      
Total expenses 4,896 5,316 5,451
Operating (loss) income (1,204) (1,707) (1,760)
Other income (loss):      
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (1,204) (1,707) (1,760)
Corporate expenses      
Costs and expenses:      
Total expenses $ 9,430 $ 9,361 $ 9,705