Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Financial Results

Segment financial results were as follows for the three months ended March 31, 2020 and 2019 (in thousands):

	Three Months Ended March 31,
	2020		2019
Revenues:
Land and resource management	$	56,658	$	160,459
Water services and operations	39,936		30,865
Total consolidated revenues	$	96,594	$	191,324
Net income:
Land and resource management	$	39,118	$	123,117
Water services and operations	18,283		16,881
Total consolidated net income	$	57,401	$	139,998
Capital expenditures:
Land and resource management	$	88	$	534
Water services and operations	3,529		8,713
Total capital expenditures	$	3,617	$	9,247
Depreciation, depletion and amortization:
Land and resource management	$	337	$	177
Water services and operations	2,998		1,027
Total depreciation, depletion and amortization	$	3,335	$	1,204

Schedule of Total Assets And Property, Plant, and Equipment

The following table presents total assets and property, plant and equipment, net by segment as of March 31, 2020 and December 31, 2019 (in thousands):

	March 31, 2020		December 31, 2019
Assets:
Land and resource management	$	396,004	$	467,758
Water services and operations	148,645		130,418
Total consolidated assets	$	544,649	$	598,176
Property, plant and equipment, net:
Land and resource management	$	4,211	$	4,359
Water services and operations	84,498		83,964
Total consolidated property, plant and equipment, net	$	88,709	$	88,323