Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

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 nine months ended September 30, 2020 and 2019 were as follows:


				Real			Corporate
	Tobacco			Estate			and Other		Total
Three months ended September 30, 2020
Revenues	$	318,850		$	228,981		$	—	$	547,831
Operating income (loss)	91,319		(1)	10,850		(2)	(6,252)		95,917
Equity in losses from real estate ventures	—			(8,536)			—		(8,536)
Depreciation and amortization	1,965			2,167			214		4,346

Three months ended September 30, 2019
Revenues	$	303,260		$	201,530		$	—	$	504,790
Operating income (loss)	72,799		(3)	628			(6,707)		66,720
Equity in earnings from real estate ventures	—			8,050			—		8,050
Depreciation and amortization	1,941			2,240			249		4,430

Nine months ended September 30, 2020
Revenues	$	918,429		$	529,650		$	—	$	1,448,079
Operating income (loss)	239,814		(4)	(63,500)		(5)	(18,504)		157,810
Equity in losses from real estate ventures	—			(27,301)			—		(27,301)

Depreciation and amortization	6,007			6,678			648		13,333
Capital expenditures	3,644			5,160			20		8,824

Nine months ended September 30, 2019
Revenues	$	854,517		$	609,629		$	—	$	1,464,146
Operating income (loss)	201,594		(6)	4,672			(20,712)		185,554
Equity in earnings from real estate ventures	—			12,002			—		12,002

Depreciation and amortization	5,848			6,765			749		13,362
Capital expenditures	3,425			6,733			—		10,158

(1) Operating income includes $286 of expense from MSA settlement.

(2) Operating income includes $320 of restructuring charges.

(3) Operating income includes $240 of litigation settlement and judgment expense.

(4) Operating income includes $286 of expense from MSA settlement and $53 of litigation settlement and judgment expense.

(5) Operating loss includes $58,252 of impairment charges related to the impairments of goodwill and intangible assets and $3,281 of restructuring charges.

(6) Operating income includes $895 of litigation settlement and judgment expense.