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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Total revenues $ 47,089 $ 63,098 $ 35,513
Costs and Expenses:      
Total expenses 43,961 42,224 30,274
Operating income 3,128 20,874 5,239
Other Income:      
Investment income 1,242 1,260 979
Interest income (expense) (12) 0 (9)
Other income 113 98 61
Total other income 1,343 1,358 1,031
Income from operations before equity in earnings of unconsolidated joint ventures 4,471 22,232 6,270
Equity in earnings of unconsolidated joint ventures, net 2,535 916 541
Income before income tax expense 7,006 23,148 6,811
Income tax expense 2,723 7,367 2,852
Net income 4,283 15,781 3,959
Net loss attributable to non-controlling interest (158) (113) (216)
Net income attributable to common stockholders 4,441 15,894 4,175
Net income per share attributable to common stockholders, basic $ 0.22 $ 0.80 $ 0.23
Net income per share attributable to common stockholders, diluted $ 0.22 $ 0.80 $ 0.22
Real estate - commercial/industrial [Member]
     
Revenues:      
Total revenues 9,941 13,746 10,294
Costs and Expenses:      
Total expenses 12,271 13,221 10,535
Operating income (2,330) 525 (241)
Real estate- resort/residential [Member]
     
Revenues:      
Total revenues 583 16,134 281
Costs and Expenses:      
Total expenses 4,761 3,942 3,089
Operating income (4,178) 12,192 (2,808)
Mineral resources [Member]
     
Revenues:      
Total revenues 14,012 [1] 12,206 [1] 6,362 [1]
Costs and Expenses:      
Total expenses 334 209 124
Operating income 13,678 [1] 11,997 [1] 6,238 [1]
Farming [Member]
     
Revenues:      
Total revenues 22,553 21,012 18,576
Costs and Expenses:      
Total expenses 13,323 12,575 10,914
Operating income 9,230 8,437 7,662
Corporate expenses [Member]
     
Costs and Expenses:      
Total expenses $ 13,272 $ 12,277 $ 5,612
[1] During the fourth quarter of 2012, the Company evaluated its operations and determined that an additional segment should be reported, Mineral Resources. Mineral Resources collects royalty income from oil and gas leases, rock and aggregate leases, and from a cement company.