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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Leasing revenue $ 3,138 $ 3,033 $ 9,279 $ 8,431
Total revenue 23,676 33,988 93,974 78,149
Expenses:        
Cost of leasing revenue 784 842 2,450 2,308
Other operating and corporate expenses 5,113 4,968 16,068 15,303
Depreciation, depletion and amortization 2,309 2,306 6,836 6,291
Total expenses 21,732 29,201 63,227 73,014
Operating income 1,944 4,787 30,747 5,135
Other income (expense):        
Investment income, net 2,575 6,452 12,221 31,110
Interest expense (2,926) (3,038) (8,905) (9,117)
Other income, net 268 583 787 4,646
Total other (expense) income, net (83) 3,997 4,103 26,639
Income before income taxes 1,861 8,784 34,850 31,774
Income tax benefit (expense) 3,483 (2,643) (2,815) (10,831)
Net income 5,344 6,141 32,035 20,943
Net loss (income) attributable to non-controlling interest 139 (198) 400 132
Net income attributable to the Company $ 5,483 $ 5,943 $ 32,435 $ 21,075
Basic and Diluted        
Weighted average shares outstanding (in shares) 61,066,731 70,202,807 63,418,118 72,037,772
Net income per share attributable to the Company (in dollars per share) $ 0.09 $ 0.08 $ 0.51 $ 0.29
Real estate        
Revenue:        
Revenue $ 6,200 $ 10,707 $ 46,061 $ 19,383
Expenses:        
Cost of revenue 3,709 6,405 10,831 10,350
Resorts and leisure        
Revenue:        
Revenue 12,565 18,198 33,284 45,633
Expenses:        
Cost of revenue 9,669 14,513 26,488 38,200
Timber        
Revenue:        
Revenue 1,773 2,050 5,350 4,702
Expenses:        
Cost of revenue $ 148 $ 167 $ 554 $ 562