Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets:
Land	$ 99,417	$ 99,417
Buildings and improvements	196,821	195,443
Projects under construction	14,100	11,779
Total investments in properties	310,338	306,639
Less accumulated depreciation and depletion	84,109	82,392
Net investments in properties	226,229	224,247
Real estate held for investment, at cost	7,176	7,176
Investments in joint ventures	22,232	22,901
Net real estate investments	255,637	254,324
Cash and cash equivalents	106	0
Accounts receivable	586	710
Federal and state income taxes receivable	2,608	0
Unrealized rents	4,412	4,562
Deferred costs	5,989	6,786
Other assets	179	178
Total assets	269,517	266,560
Liabilities:
Lines of credit payable	6,765	6,665
Secured notes payable, current portion	4,599	4,526
Secured notes payable, less current portion	28,385	29,554
Accounts payable and accrued liabilities	4,000	3,747
Environmental remediation liability	2,037	2,037
Bank overdraft	0	254
Federal and state income taxes payable	0	887
Deferred revenue	648	1,126
Deferred income taxes	19,547	16,455
Deferred compensation	1,484	1,475
Deferred lease intangible, net	5	9
Tenant security deposits	955	1,005
Total liabilities	68,425	67,740
Commitments and contingencies (Note 8)
Shareholders' Equity:
Common stock, $.10 par value; 25,000,000 shares authorized, 9,941,098 and 9,914,054 shares issued and outstanding, respectively	994	991
Capital in excess of par value	53,536	52,647
Retained earnings	146,548	145,168
Accumulated other comprehensive income, net	14	14
Total shareholders' equity	201,092	198,820
Total liabilities and shareholders' equity	$ 269,517	$ 266,560