XML 49 R37.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial information for the company's operations before taxes
Financial information for the Company’s operations before taxes and non-controlling interests for the three and six months ended June 30, 2019 and 2018 were as follows:

 
 
 
Real
 
Corporate
 
 
 
Tobacco
 
Estate
 
and Other
 
Total
Three months ended June 30, 2019
 
 
 
 
 
 
 
Revenues
$
294,501

 
$
243,931

 
$

 
$
538,432

Operating income (loss)
68,651

(1)
14,453

 
(6,860
)
 
76,244

Equity in earnings from real estate ventures

 
6,391

 

 
6,391

Depreciation and amortization
1,950

 
2,024

 
250

 
4,224

 
 
 
 
 
 
 
 
Three months ended June 30, 2018
 
 
 
 
 
 
 
Revenues
$
274,833

 
$
206,655

 
$

 
$
481,488

Operating income (loss)
62,515

(2)
5,867

 
(6,521
)
 
61,861

Equity in losses from real estate ventures

 
(2,112
)
 

 
(2,112
)
Depreciation and amortization
2,075

 
2,418

 
256

 
4,749

 
 
 
 
 
 
 
 
Six months ended June 30, 2019
 
 
 
 
 
 
 
Revenues
$
551,257

 
$
408,099

 
$

 
$
959,356

Operating income (loss)
128,795

(3)
4,044

 
(14,005
)
 
118,834

Equity in earnings from real estate ventures

 
3,952

 

 
3,952

Depreciation and amortization
3,907

 
4,525

 
500

 
8,932

Capital expenditures
2,753

 
3,567

 

 
6,320

 


 
 
 
 
 
 
Six months ended June 30, 2018
 
 
 
 
 
 
 
Revenues
$
541,949

 
$
368,505

 
$

 
$
910,454

Operating income (loss)
125,926

(4)
(2,893
)
(5)
(13,088
)
 
109,945

Equity in losses from real estate ventures

 
(8,672
)
 

 
(8,672
)
Depreciation and amortization
4,112

 
4,707

 
517

 
9,336

Capital expenditures
2,072

 
6,529

 
15

 
8,616

 
 
 
 
 
 
 
 


(1) 
Operating income includes $655 of litigation settlement and judgment expense.
(2) 
Operating income includes $2,808 of income from a settlement of a long-standing dispute related to the Master Settlement Agreement, and $525 of litigation settlement and judgment expense.
(3) Operating income includes $655 of litigation settlement and judgment expense.
(4)  
Operating income includes $6,298 of income from a settlement of a long-standing dispute related to the Master Settlement Agreement, and $525 of litigation settlement and judgment expense.
(5) 
Operating income includes $2,469 of litigation settlement and judgment income.