XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Real estate sales $ 7,081 $ 5,437
Resorts and leisure revenues 8,751 7,803
Leasing revenues 2,361 2,045
Timber sales 2,061 1,806
Total revenues 20,254 17,091
Expenses:    
Cost of real estate sales 1,765 3,137
Cost of resorts and leisure revenues 9,319 8,806
Cost of leasing revenues 750 634
Cost of timber sales 210 184
Other operating and corporate expenses 6,819 7,117
Depreciation, depletion and amortization 2,288 2,915
Total expenses 21,151 22,793
Operating loss (897) (5,702)
Other income (expense):    
Investment income, net 2,730 5,212
Interest expense (3,035) (2,876)
Claim settlement 12,548 0
Other, net 452 577
Total other income 12,695 2,913
Income (loss) before income taxes 11,798 (2,789)
Income tax (expense) benefit (3,244) 1,073
Net income (loss) 8,554 (1,716)
Net loss (income) attributable to non-controlling interest 111 (22)
Net income (loss) attributable to the Company $ 8,665 $ (1,738)
Basic and Diluted    
Weighted average shares outstanding (in shares) 74,809,010 92,302,636
Net income (loss) per share attributable to the Company (in dollars per share) $ 0.12 $ (0.02)