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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Real estate revenue $ 27,717 $ 23,397 $ 33,704
Resorts and leisure revenue 54,820 57,284 54,488
Leasing revenue 10,637 9,858 8,978
Timber revenue 5,622 5,205 6,701
Total revenue 98,796 95,744 103,871
Expenses:      
Cost of real estate revenue 15,370 8,036 16,399
Cost of resorts and leisure revenue 47,816 50,229 47,069
Cost of leasing revenue 3,199 3,108 2,792
Cost of timber revenue 809 821 834
Other operating and corporate expenses 20,382 23,019 33,426
Depreciation, depletion and amortization 8,885 8,571 9,486
Total expenses 96,461 93,784 110,006
Operating income (loss) 2,335 1,960 (6,135)
Other income (expense):      
Investment income, net 35,410 17,776 22,688
Interest expense (12,145) (12,295) (11,429)
Claim settlement 0 12,548 0
Sale of vacation rental management, net 9,800 0 0
Other income (expense), net 5,955 2,622 (6,287)
Total other income, net 39,020 20,651 4,972
Income (loss) before income taxes 41,355 22,611 (1,163)
Income tax benefit (expense) 17,881 (7,147) (808)
Net income (loss) 59,236 15,464 (1,971)
Net loss attributable to non-controlling interest 342 431 240
Net income (loss) attributable to the Company $ 59,578 $ 15,895 $ (1,731)
Basic and Diluted      
Weighted average shares outstanding (in shares) 70,548,411 74,457,541 87,827,869
Net income (loss) per share attributable to the Company (in dollars per share) $ 0.84 $ 0.21 $ (0.02)