XML 60 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Real estate sales $ 5,437us-gaap_SalesOfRealEstate $ 577,761us-gaap_SalesOfRealEstate
Resorts and leisure revenues 7,803joe_ResortAndClubRevenues 6,997joe_ResortAndClubRevenues
Leasing revenues 2,045us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 1,189us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Timber sales 1,806us-gaap_TimberRevenue 8,139us-gaap_TimberRevenue
Total revenues 17,091us-gaap_Revenues 594,086us-gaap_Revenues
Expenses:    
Cost of real estate sales 3,137us-gaap_CostOfRealEstateSales 62,103us-gaap_CostOfRealEstateSales
Cost of resorts and leisure revenues 8,806joe_CostOfResortAndClubRevenues 7,620joe_CostOfResortAndClubRevenues
Cost of leasing revenues 634us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 417us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Cost of timber sales 184us-gaap_TimberOperatingCosts 3,851us-gaap_TimberOperatingCosts
Other operating and corporate expenses 7,117us-gaap_OtherCostAndExpenseOperating 8,507us-gaap_OtherCostAndExpenseOperating
Depreciation, depletion and amortization 2,915us-gaap_DepreciationDepletionAndAmortization 2,095us-gaap_DepreciationDepletionAndAmortization
Total expenses 22,793us-gaap_OperatingExpenses 84,593us-gaap_OperatingExpenses
Operating (loss) income (5,702)us-gaap_OperatingIncomeLoss 509,493us-gaap_OperatingIncomeLoss
Other income (expense):    
Investment income, net 5,212us-gaap_InvestmentIncomeNet 274us-gaap_InvestmentIncomeNet
Interest expense (2,876)us-gaap_InterestExpense (639)us-gaap_InterestExpense
Other, net 577us-gaap_OtherNonoperatingIncomeExpense 776us-gaap_OtherNonoperatingIncomeExpense
Total other income 2,913us-gaap_NonoperatingIncomeExpense 411us-gaap_NonoperatingIncomeExpense
(Loss) income before equity in loss from unconsolidated affiliates and income taxes (2,789)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 509,904us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Equity in loss from unconsolidated affiliates 0us-gaap_IncomeLossFromEquityMethodInvestments (10)us-gaap_IncomeLossFromEquityMethodInvestments
Income tax benefit (expense) 1,073us-gaap_IncomeTaxExpenseBenefit (106,905)us-gaap_IncomeTaxExpenseBenefit
Net (loss) income (1,716)us-gaap_ProfitLoss 402,989us-gaap_ProfitLoss
Net (income) loss attributable to non-controlling interest (22)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 6us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (loss) income attributable to the Company $ (1,738)us-gaap_NetIncomeLoss $ 402,995us-gaap_NetIncomeLoss
Basic and Diluted    
Weighted average shares outstanding (in shares) 92,302,636us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 92,292,913us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Net income per share attributable to the Company (in dollars per share) $ (0.02)us-gaap_EarningsPerShareBasicAndDiluted $ 4.37us-gaap_EarningsPerShareBasicAndDiluted