Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues:
Lease revenue	$ 3,591	$ 3,581	$ 10,636	$ 10,796
Mining lands lease revenue	2,507	2,302	7,094	7,164
Total revenues	6,098	5,883	17,730	17,960
Cost of operations:
Depreciation, depletion and amortization	1,438	1,431	4,406	4,390
Operating expenses	892	952	2,598	2,744
Property taxes	706	740	2,089	2,206
Management company indirect	844	670	2,208	1,872
Corporate expenses	637	732	2,850	1,928
Total cost of operations	4,517	4,525	14,151	13,140
Total operating profit	1,581	1,358	3,579	4,820
Net investment income, including realized gains of $55, $144, $297 and $591	1,814	2,019	5,915	5,813
Interest expense	(46)	(129)	(142)	(989)
Equity in loss of joint ventures	(1,788)	(746)	(3,773)	(1,282)
Gain on sale of real estate	5,732	126	9,329	662
Income from continuing operations before income taxes	7,293	2,628	14,908	9,024
Provision for income taxes	2,022	726	4,161	2,529
Income from continuing operations	5,271	1,902	10,747	6,495
Income (loss) from discontinued operations, net	0	(13)	0	6,849
Net income	5,271	1,889	10,747	13,344
Loss attributable to noncontrolling interest	(184)	(112)	(475)	(380)
Net income attributable to the Company	$ 5,455	$ 2,001	$ 11,222	$ 13,724
Basic earnings per common share
Income from continuing operations	$ 0.55	$ 0.19	$ 1.11	$ 0.66
Discontinued operations	0.00	0.00	0.00	0.69
Net income attributable to the Company	0.57	0.20	1.16	1.39
Diluted earnings per common share
Income from continuing operations	0.55	0.19	1.11	0.65
Discontinued operations	0.00	0.00	0.00	0.69
Net income attributable to the Company	$ 0.57	$ 0.20	$ 1.16	$ 1.38
Number of shares (in thousands) used in computing:
-basic earnings per common share	9,517	9,843	9,646	9,903
-diluted earnings per common share	9,545	9,886	9,681	9,945