Segment Information

3 Months Ended

Mar. 31, 2012

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company's significant business segments for the three months ended March 31, 2012 and 2011 were Tobacco and Real Estate.  The Tobacco segment consists of the manufacture and sale of cigarettes.  The Real Estate segment includes the Company's investment in Escena, Aberdeen and investments in non-consolidated real estate businesses. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.

Financial information for the Company's operations before taxes for the three months ended March 31, 2012 and 2011 follows:

			Real		Corporate
	Tobacco		Estate		and Other			Total
Three months ended March 31, 2012
Revenues	$	257,606	$	—	$	—		$	257,606
Operating income (loss)	37,515		521		(4,590		)	33,446
Equity income from non-consolidated real estate businesses	—		2,863		—			2,863
Depreciation and amortization	2,495		85		191			2,771
Capital expenditures	1,442		41		760			2,243
Three months ended March 31, 2011
Revenues	$	260,378	$	—	$	—		$	260,378
Operating income (loss)	36,425		157		(5,106		)	31,476
Equity income from non-consolidated real estate businesses	—		4,904		—			4,904
Depreciation and amortization	1,998		80		581			2,659
Capital expenditures	2,626		33		2			2,661