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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Leasing revenue $ 8,822 $ 5,594
Total revenue 64,871 41,305
Expenses:    
Corporate and other operating expenses 5,656 7,069
Depreciation, depletion and amortization 5,026 3,853
Total expenses 44,647 35,766
Operating income (loss) 20,224 5,539
Other income (expense):    
Investment income, net 2,300 1,195
Interest expense (4,153) (3,671)
Gain on contributions to unconsolidated joint ventures 482 120
Other (expense) income, net (369) 1,294
Total other expense, net (1,740) (1,062)
Income before equity in loss from unconsolidated joint ventures and income taxes 18,484 4,477
Equity in loss from unconsolidated joint ventures (495) (468)
Income tax expense (4,536) (1,052)
Net income (loss) 13,453 2,957
Net (income) loss attributable to non-controlling interest (41) 239
Net income attributable to the Company $ 13,412 $ 3,196
NET INCOME PER SHARE ATTRIBUTABLE TO THE COMPANY    
Basic (in dollars per share) $ 0.23 $ 0.05
Diluted (in dollars per share) $ 0.23 $ 0.05
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 58,882,549 58,882,549
Diluted (in shares) 58,886,931 58,882,549
Real Estate    
Revenue:    
Revenue $ 36,774 $ 21,053
Expenses:    
Cost of revenue 15,295 10,544
Hospitality    
Revenue:    
Revenue 16,321 13,067
Expenses:    
Cost of revenue 14,868 11,495
Leasing    
Expenses:    
Cost of revenue 3,652 2,664
Timber    
Revenue:    
Revenue 2,954 1,591
Expenses:    
Cost of revenue $ 150 $ 141