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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 625 $ 4,188
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 2,255 1,953
Stock based compensation 232 19
(Loss) gain on sale of investments 1,078 (3,122)
Unrealized loss on investments, net 538 0
Other-than-temporary impairment loss 63 366
Deferred income tax (benefit) expense (550) 988
Cost of real estate sold 3,943 174
Expenditures for and acquisition of real estate to be sold (3,045) (2,183)
Accretion income and other (524) (1,208)
Loss on disposal of property and equipment (7) 0
Changes in operating assets and liabilities:    
Notes receivable (943) 40
Other assets 1,256 651
Other liabilities (2,999) 4,928
Income taxes receivable 0 348
Net cash provided by operating activities 1,936 7,142
Cash flows from investing activities:    
Expenditures for operating property (3,914) (4,310)
Expenditures for property and equipment (590) (1,026)
Proceeds from the disposition of assets 5,000 0
Purchases of investments - debt securities (20) (36,910)
Purchases of investments - equity securities (10,442) (12,600)
Sales of investments - debt securities 31,958 48,729
Sales of investments - equity securities 0 8,324
Maturities of assets held by special purpose entities 415 415
Net cash provided by investing activities 22,407 2,622
Cash flows from financing activities:    
Capital contribution from non-controlling interest 64 0
Repurchase of common shares (13,695) (34,156)
Borrowings on debt 33 509
Principal payments for debt (215) (226)
Debt issue costs (27) (20)
Net cash used in financing activities (13,840) (33,893)
Net increase (decrease) in cash, cash equivalents and restricted cash 10,503 (24,129)
Cash, cash equivalents and restricted cash at beginning of the period 192,365 243,087
Cash, cash equivalents and restricted cash at end of the period 202,868 218,958
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 202,585 216,982
Restricted cash included in other assets 283 1,976
Cash paid during the period for:    
Interest 5,128 5,137
Income taxes 2,005 0
Non-cash financing and investing activities:    
Increase in Community Development District debt 15 194
Increase in expenditures for operating properties and property and equipment financed through accounts payable $ 818 $ 1,206