Investment in Real Estate (Tables)

3 Months Ended

Mar. 31, 2016

Real estate by property type and segment includes the following:



	March 31, 2016		December 31, 2015
Development property:
Residential real estate	$	98,766	$	99,413
Commercial real estate	56,652		56,587
Leasing operations	528		360
Forestry	2,639		2,681
Corporate	2,271		2,211
Total development property	160,856		161,252

Operating property:
Residential real estate	8,091		8,091
Resorts and leisure	109,525		109,425
Leasing operations	79,571		79,550
Forestry	19,234		19,300
Other	50		50
Total operating property	216,471		216,416
Less: Accumulated depreciation	65,589		64,069
Total operating property, net	150,882		152,347
Investment in real estate, net	$	311,738	$	313,599