REPORTING SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Components of Segment Revenues

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

	Three Months Ended March 31,
($ in thousands)	2023		2022
Commercial/industrial revenues	$	2,676	$	7,349
Equity in earnings of unconsolidated joint ventures	1,517		1,213
Commercial/industrial revenues and equity in earnings of unconsolidated joint ventures	4,193		8,562
Commercial/industrial expenses	1,695		2,736
Operating results from commercial/industrial and unconsolidated joint ventures	$	2,498	$	5,826

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

	Three Months Ended March 31,
($ in thousands)	2023		2022
Mineral resources revenues	$	6,912	$	11,968
Mineral resources expenses	4,066		7,157
Operating results from mineral resources	$	2,846	$	4,811

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

	Three Months Ended March 31,
($ in thousands)	2023		2022
Farming revenues	$	1,185	$	655
Farming expenses	2,013		1,762
Operating results from farming	$	(828)	$	(1,107)

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

	Three Months Ended March 31,
($ in thousands)	2023		2022
Ranch operations revenues	$	1,492	$	1,048
Ranch operations expenses	1,330		1,315
Operating results from ranch operations	$	162	$	(267)