BUSINESS SEGMENT DATA (Tables)

12 Months Ended

Dec. 31, 2022

BUSINESS SEGMENT DATA

Schedule of operations in different segments

Information about the Company’s operations in different segments for the years ended December 31, 2022, 2021, and 2020 is as follows (in thousands):

	For the Year Ended
	December 31, 2022		December 31, 2021		December 31, 2020
Revenues:
Income Properties	$	68,857	$	50,679	$	49,953
Management Fee Income		3,829		3,305		2,744
Interest Income From Commercial Loans and Investments		4,172		2,861		3,034
Real Estate Operations		5,462		13,427		650
Total Revenues	$	82,320	$	70,272	$	56,381
Operating Income:
Income Properties	$	48,493	$	36,864	$	37,964
Management Fee Income		3,829		3,305		2,744
Interest Income From Commercial Loans and Investments		4,172		2,861		3,034
Real Estate Operations		2,969		4,812		(2,572)
General and Corporate Expense		(41,754)		(31,783)		(30,630)
Impairment Charges		—		(17,599)		(9,147)
Gain (Loss) on Disposition of Assets		(7,042)		28,316		9,746
Gain (Loss) on Extinguishment of Debt		—		(3,431)		1,141
Total Operating Income	$	10,667	$	23,345	$	12,280
Depreciation and Amortization:
Income Properties	$	28,799	$	20,561	$	19,036
Corporate and Other		56		20		27
Total Depreciation and Amortization	$	28,855	$	20,581	$	19,063
Capital Expenditures:
Income Properties	$	331,754	$	256,456	$	188,849
Commercial Loans and Investments		53,369		364		7,150
Corporate and Other		42		34		30
Total Capital Expenditures	$	385,165	$	256,854	$	196,029

Identifiable assets of each segment as of December 31, 2022 and 2021 are as follows (in thousands):

	As of
	December 31, 2022		December 31, 2021
Identifiable Assets:
Income Properties	$	902,427	$	630,747
Management Services		1,370		1,653
Commercial Loans and Investments		32,269		39,095
Real Estate Operations		4,041		26,512
Corporate and Other		46,438		35,132
Total Assets	$	986,545	$	733,139