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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Costs and expenses:      
Total expenses $ 55,873 $ 44,577 $ 50,954
Operating loss (260) (6,747) (1,431)
Other income (loss):      
Investment income 57 884 1,239
Gain on sale of real estate 0 1,331 0
Other income (loss) 164 110 (1,824)
Total other income (loss) 221 2,325 (585)
Loss from operations before equity in earnings of unconsolidated joint ventures (39) (4,422) (2,016)
Equity in earnings of unconsolidated joint ventures, net 9,202 4,504 16,575
Income before income taxes 9,163 82 14,559
Income tax expense 3,821 829 3,980
Net income (loss) 5,342 (747) 10,579
Net loss attributable to non-controlling interest (6) (7) (1)
Net income (loss) attributable to common stockholders $ 5,348 $ (740) $ 10,580
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.20 $ (0.03) $ 0.41
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.20 $ (0.03) $ 0.40
Operating Segments      
Revenues:      
Total revenues $ 55,613 $ 37,830 $ 49,523
Corporate expenses      
Costs and expenses:      
Total expenses 9,843 9,430 9,361
Real estate - commercial/industrial | Operating Segments      
Revenues:      
Total revenues 19,476 9,536 16,792
Costs and expenses:      
Total expenses 11,953 7,122 12,961
Other income (loss):      
Equity in earnings of unconsolidated joint ventures, net 9,202 4,504 16,575
Real estate - resort/residential | Operating Segments      
Costs and expenses:      
Total expenses 1,723 1,612 2,247
Mineral resources | Operating Segments      
Revenues:      
Total revenues 20,987 10,736 9,791
Costs and expenses:      
Total expenses 13,559 6,414 5,818
Farming | Operating Segments      
Revenues:      
Total revenues 11,039 13,866 19,331
Costs and expenses:      
Total expenses 14,116 15,103 15,251
Ranch operations | Operating Segments      
Revenues:      
Total revenues 4,111 3,692 3,609
Costs and expenses:      
Total expenses $ 4,679 $ 4,896 $ 5,316