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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total Revenues $ 56,381 $ 44,941 $ 43,658
Direct Cost of Revenues      
Total Direct Cost of Revenues (15,211) (7,105) (8,761)
General and Administrative Expenses (11,567) (9,818) (9,785)
Impairment Charges (9,147)    
Depreciation and Amortization (19,063) (15,797) (15,762)
Total Operating Expenses (54,988) (32,720) (34,308)
Gain on Disposition of Assets 9,746 21,978 22,035
Gain on Extinguishment of Debt 1,141    
Other Gains and Income 10,887 21,978 22,035
Total Operating Income 12,280 34,199 31,385
Investment and Other Income (Loss) (6,432) 344 52
Interest Expense (10,838) (12,466) (10,423)
Income (Loss) from Continuing Operations Before Income Tax Expense (4,990) 22,077 21,014
Income Tax Benefit (Expense) from Continuing Operations 83,499 (5,472) (6,025)
Income from Continuing Operations 78,509 16,605 14,989
Income from Discontinued Operations (Net of Income Tax)-See Note 24   98,368 22,179
Net Income $ 78,509 $ 114,973 $ 37,168
Basic      
Net Income from Continuing Operations (in dollars per share) $ 16.69 $ 3.32 $ 2.72
Net Loss from Discontinued Operations (Net of Income Tax) (in dollars per share)   19.68 4.01
Basic Net Income per Share (in dollars per share) 16.69 23.03 6.76
Diluted      
Net Income from Continuing Operations (in dollars per share) 16.69 3.32 2.71
Net Income from Discontinued Operations (Net of Income Tax) -Diluted (in dollars per share)   19.68 4.01
Diluted Net Income per Share (in dollars per share) $ 16.69 $ 23.00 $ 6.72
Basic 4,704,877 4,991,656 5,495,792
Diluted 4,704,877 4,998,043 5,529,321
Dividends Declared and Paid (in dollars per share) $ 13.88 $ 0.44 $ 0.27
Income Properties      
Revenues      
Total Revenues $ 49,953 $ 41,956 $ 40,076
Direct Cost of Revenues      
Total Direct Cost of Revenues (11,988) (7,000) (8,170)
Depreciation and Amortization (19,036) (15,774) (15,728)
Management Fee Income      
Revenues      
Total Revenues 2,744 304  
Interest Income from Commercial Loan and Master Lease Investments      
Revenues      
Total Revenues 3,034 1,829 616
Real Estate Operations      
Revenues      
Total Revenues 650 852 2,966
Direct Cost of Revenues      
Total Direct Cost of Revenues $ (3,223) $ (105) $ (591)