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Business Segments (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Business Segments (in thousands)

  Year ended   Three months ended   Year ended   Year ended
  December 31,   December 31,   September 30,   September 30,
  2017   2016   2016   2015
Revenues:                              
 Asset management $ 29,873       7,321       28,739       27,570  
 Mining royalty lands   7,241       1,880       7,533       6,094  
 Land development and construction   1,230       311       1,185       982  
 RiverFront on the Anacostia   4,847       —         —         —    
  43,191       9,512       37,457       34,646  
Operating profit:                              
Before corporate expenses:                              
 Asset management $ 13,799       3,509       13,374       13,288  
 Mining royalty lands   6,732       1,750       7,029       5,478  
 Land development and construction   (1,528 )     (400 )     (940 )     (2,197 )
 RiverFront on the Anacostia   (2,018 )                        
 Corporate expenses:                              
  Allocated to asset management   (1,917 )     (485 )     (1,591 )     (1,248 )
  Allocated to mining royalty   (167 )     (42 )     (231 )     (1,322 )
  Allocated to land development and construction   (1,231 )     (328 )     (1,258 )     (737 )
  Allocated to RiverFront on the Anacostia   (65 )                        
  Unallocated to discontinued operations   —         —         —         (1,081 )
    (3,380 )     (855 )     (3,080 )     (4,388 )
  13,605       4,004       16,383       12,181  
Interest expense:                              
 Asset management $ 1,340       306       1,561       2,014  
 RiverFront on the Anacostia   2,983       —         —         —    
  4,323       306       1,561       2,014  
                               
Depreciation, depletion and amortization:                              
 Asset management $ 8,110       2,005       7,689       6,963  
 Mining royalty lands   110       35       104       133  
 Land development and construction   337       55       258       282  
 RiverFront on the Anacostia   4,975       —         —         —    
  13,532       2,095       8,051       7,378  
Capital expenditures:                              
 Asset management 6,913       1,199       20,747       2,408  
 Mining royalty lands   —         2       205       —    
 Land development and construction   8,840       4,206       6,602       4,085  
 RiverFront on the Anacostia   857       —         —         —    
  16,610       5,407       27,554       6,493  
                               
Identifiable net assets at end of period:                              
  Asset management $ 179,654       169,736       170,562       151,023  
  Mining royalty lands   38,656       39,259       39,570       39,300  
  Land development and construction   46,684       57,126       54,157       60,682  
  RiverFront on the Anacostia   144,386       —         —         —    
  Cash items   4,524       —         —         419  
  Unallocated corporate assets   4,830       439       500       1,054  
  418,734       266,560       264,789       252,478