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Segment Information (Tables)
9 Months Ended
Sep. 30, 2012
Information by Business Segment

Information by business segment is as follows:

Three Months Ended Nine Months Ended
September 30,
2012
September 30,
2011
September 30,
2012
September 30,
2011

OPERATING REVENUES:

Residential real estate

$ 23,358 $ 16,592 $ 53,424 $ 40,802

Commercial real estate

4,102 1,450 11,195 2,345

Rural land sales

18,889 517 23,377 3,342

Forestry

9,558 8,186 28,784 78,976

 

 

 

 

 

 

 

 

Consolidated operating revenue

$ 55,907 $ 26,745 $ 116,780 $ 125,465

 

 

 

 

 

 

 

 

Income (loss) from operations before equity in loss of unconsolidated affiliates and income taxes:

Residential real estate

$ 248 $ (3,663 ) $ (3,373 ) $ (18,817 )

Commercial real estate

(142 ) (523 ) 1,167 (5,295 )

Rural land sales

14,666 307 16,849 2,204

Forestry

3,709 2,593 9,609 57,090

Other

(2,771 ) (2,613 ) (8,602 ) (37,688 )

 

 

 

 

 

 

 

 

Consolidated income (loss) from operations before equity in loss of unconsolidated affiliates and income taxes

$ 15,710 $ (3,899 ) $ 15,650 $ (2,506 )

 

 

 

 

 

 

 

 

September 30,
2012
December 31,
2011

TOTAL ASSETS:

Residential real estate

$ 259,723 $ 272,210

Commercial real estate

73,002 67,650

Rural land sales

8,449 10,048

Forestry

50,816 58,638

Other

260,725 252,745

 

 

 

 

Total Assets

$ 652,715 $ 661,291