Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Land	$ 83,721	$ 87,235
Buildings and improvements	146,632	147,670
Projects under construction	6,131	1,764
Total investments in properties	236,484	236,669
Less accumulated depreciation and depletion	29,772	26,755
Net investments in properties	206,712	209,914
Real estate held for investment, at cost	7,176	7,176
Investments in joint ventures	25,090	13,406
Net real estate investments	238,978	230,496
Cash and cash equivalents	34,782	4,524
Cash held in escrow	34,270	333
Accounts receivable, net	738	615
Investments available for sale	191,288	0
Federal and state income taxes receivable	2,022	2,962
Unrealized rents	594	223
Deferred costs	942	2,708
Other assets	451	179
Assets of discontinued operations	3,194	176,694
Total assets	507,259	418,734
Liabilities:
Secured notes payable, current portion	0	125
Secured notes payable, less current portion	88,755	90,029
Accounts payable and accrued liabilities	2,829	2,081
Environmental remediation liability	100	2,037
Deferred revenue	32	107
Deferred income taxes	23,795	25,982
Deferred compensation	1,452	1,457
Tenant security deposits	53	54
Liabilities of discontinued operations	1,872	32,280
Total liabilities	118,888	154,152
Commitments and contingencies (Note 8)
Equity:
Common stock, $.10 par value; 25,000,000 shares authorized, 10,076,524 and 10,014,667 shares issued and outstanding, respectively	1,008	1,001
Capital in excess of par value	58,030	55,636
Retained earnings	310,620	186,855
Accumulated other comprehensive income (loss), net	(375)	38
Total shareholders' equity	369,283	243,530
Noncontrolling interest MRP	19,088	21,052
Total Equity	388,371	264,582
Total liabilities and shareholders' equity	$ 507,259	$ 418,734