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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Leasing revenue $ 5,594 $ 4,300
Total revenue 41,305 18,574
Expenses:    
Cost of leasing revenue 2,664 612
Other operating and corporate expenses 7,069 6,916
Depreciation, depletion and amortization 3,853 3,073
Total expenses 35,766 19,899
Operating income (loss) 5,539 (1,325)
Other income (expense):    
Investment income (loss), net 1,195 (1,609)
Interest expense (3,671) (3,345)
Gain on contribution to equity method investment 120 4,277
Other income, net 1,294 255
Total other expense, net (1,062) (422)
Income (loss) before equity in loss from unconsolidated affiliates and income taxes 4,477 (1,747)
Equity in loss from unconsolidated affiliates (468) (83)
Income tax (expense) benefit (1,052) 495
Net income (loss) 2,957 (1,335)
Net loss (income) attributable to non-controlling interest 239 (198)
Net income (loss) attributable to the Company $ 3,196 $ (1,533)
Basic and Diluted    
Weighted average shares outstanding (in shares) 58,882,549 59,375,618
Net income per share attributable to the Company $ 0.05 $ (0.03)
Real estate    
Revenue:    
Revenue $ 21,053 $ 5,808
Expenses:    
Cost of revenue 10,544 1,799
Hospitality    
Revenue:    
Revenue 13,067 6,610
Expenses:    
Cost of revenue 11,495 7,320
Timber    
Revenue:    
Revenue 1,591 1,856
Expenses:    
Cost of revenue $ 141 $ 179