XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net income $ 32,910 $ 10,001
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for deferred income taxes (18,165) (9,340)
Depreciation and amortization expense 38 48
Stock-based compensation expense 108 540
Gain on sale of property, plant and equipment (30) (14)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Notes and other receivables (343) 39
Real estate, water, and intangible assets 5,361 1,923
Income taxes 27 7
Other assets (362) (753)
Accounts payable and accrued expenses 1,918 (666)
Net cash provided by operating activities 21,462 1,785
Investing activities:    
Proceeds from the sale of property, plant and equipment 31 26
Purchases of property, plant and equipment (8) (66)
Net cash provided by (used in) investing activities 23 (40)
Financing activities:    
Payment of withholding taxes on exercise of restricted stock units (6) 0
Purchases of treasury stock (2,594) (10,380)
Other financing activities, net (92) (146)
Net cash used in financing activities (2,692) (10,526)
Net increase (decrease) in cash and cash equivalents 18,793 (8,781)
Cash and cash equivalents, beginning of year 9,388 18,169
Cash and cash equivalents, end of year 28,181 9,388
Cash paid during the year for:    
Payment of federal and state income taxes $ 28 $ 0