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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Costs and Expenses:    
Total expenses $ 11,390 $ 11,779
Operating (loss) income (3,984) 486
Other Income (Loss):    
Investment income 685 456
Other (loss) income, net (70) 334
Total other income 615 790
(Loss) income from operations before equity in earnings of unconsolidated joint ventures and income tax (3,369) 1,276
Equity in earnings of unconsolidated joint ventures, net 1,513 1,517
(Loss) income before income tax expense (1,856) 2,793
Income tax (benefit) expense (942) 1,013
Net (loss) income (914) 1,780
Net income attributable to non-controlling interest 0 6
Net (loss) income attributable to common stockholders $ (914) $ 1,774
Net (loss) income per share attributable to common stockholders, basic (in dollars per share) $ (0.03) $ 0.07
Net (loss) income per share attributable to common stockholders, diluted (in dollars per share) $ (0.03) $ 0.07
Operating Segments    
Revenues:    
Total revenues $ 7,406 $ 12,265
Operating Segments | Real estate - commercial/industrial    
Revenues:    
Total revenues 2,945 2,676
Costs and Expenses:    
Total expenses 1,927 1,695
Other Income (Loss):    
Equity in earnings of unconsolidated joint ventures, net 1,513 1,517
Operating Segments | Real estate - resort/residential    
Costs and Expenses:    
Total expenses 1,561 388
Operating Segments | Mineral resources    
Revenues:    
Total revenues 2,489 6,912
Costs and Expenses:    
Total expenses 2,116 4,066
Operating (loss) income 373 2,846
Operating Segments | Farming    
Revenues:    
Total revenues 865 1,185
Costs and Expenses:    
Total expenses 2,067 2,013
Operating (loss) income (1,202) (828)
Operating Segments | Ranch operations    
Revenues:    
Total revenues 1,107 1,492
Costs and Expenses:    
Total expenses 1,227 1,330
Operating (loss) income (120) 162
Corporate expenses    
Costs and Expenses:    
Total expenses $ 2,492 $ 2,287