Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Rental revenue	$ 6,222	$ 6,082	$ 12,505	$ 12,171
Mining Royalty and rents	1,809	2,033	3,548	3,789
Revenue - reimbursements	1,329	1,128	2,629	2,898
Total revenues	9,360	9,243	18,682	18,858
Cost of operations:
Depreciation, depletion and amortization	2,202	2,066	4,261	3,995
Operating expenses	1,002	974	2,003	2,505
Environmental remediation expense	0	2,000	0	2,000
Property taxes	1,129	1,128	2,191	2,270
Management company indirect	475	425	944	921
Corporate expenses (Note 4 Related Party)	566	684	1,893	1,692
Total cost of operations	5,374	7,277	11,292	13,383
Total operating profit	3,986	1,966	7,390	5,475
Interest income	0	0	0	1
Interest expense	(371)	(392)	(619)	(807)
Equity in loss of joint ventures	(806)	(186)	(1,577)	(272)
Gain (Loss) on investment land sold	0	(109)	0	(109)
Income before income taxes	2,809	1,279	5,194	4,288
Provision for income taxes	1,096	505	2,038	1,694
Net income	1,713	774	3,156	2,594
Comprehensive income	$ 1,713	$ 774	$ 3,156	$ 2,594
Earnings per common share:
Basic	$ 0.17	$ 0.08	$ 0.32	$ 0.26
Diluted	$ 0.17	$ 0.08	$ 0.32	$ 0.26
Number of shares (in thousands) used in computing:
-basic earnings per common share	9,965	9,864	9,948	9,858
-diluted earnings per common share	10,038	9,907	10,019	9,900