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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Leasing revenue $ 15,581    
Leasing revenue   $ 13,727 $ 12,940
Total revenue 127,085 110,276 100,038
Expenses:      
Cost of leasing revenue 4,650 4,700 4,548
Other operating and corporate expenses 21,389 20,557 20,382
Depreciation, depletion and amortization 10,287 8,998 8,885
Total expenses 95,762 80,872 96,461
Operating income 31,323 29,404 3,577
Other income (expense):      
Investment income, net 10,714 12,150 35,410
Interest expense (12,302) (11,840) (12,145)
Sale of vacation rental management, net     9,800
Other income, net 6,450 1,152 4,713
Total other income, net 4,862 1,462 37,778
Income before equity in loss from unconsolidated affiliates and income taxes 36,185 30,866 41,355
Equity in loss from unconsolidated affiliates (77)    
Income tax (expense) benefit (9,447) 736 17,881
Net income 26,661 31,602 59,236
Net loss attributable to non-controlling interest 114 767 342
Net income attributable to the Company $ 26,775 $ 32,369 $ 59,578
Basic and Diluted      
Weighted average shares outstanding (in shares) 59,994,527 62,725,954 70,548,411
Net income per share attributable to the Company (in dollars per share) $ 0.45 $ 0.52 $ 0.84
Real estate      
Revenue:      
Revenue $ 61,488 $ 52,183 $ 27,717
Expenses:      
Cost of revenue 24,282 13,442 15,370
Hospitality      
Revenue:      
Revenue 46,112 38,736 53,217
Expenses:      
Cost of revenue 34,505 32,465 46,467
Timber      
Revenue:      
Revenue 3,904 5,630 6,164
Expenses:      
Cost of revenue $ 649 $ 710 $ 809