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Consolidate Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 41,156 $ 5,476
 Adjustments to reconcile net income to net cash provided by continuing operating activities:    
 Depreciation, depletion and amortization 5,951 3,084
 Deferred income taxes 9,273 101
 Equity in loss of joint ventures 2,753 1,985
 Gain on remeasurement of invest in real estate partnership (51,139) 0
 Gain on sale of equipment and property (835) (3,611)
 Stock-based compensation 854 1,171
 Realized gain on available for sale investments 0 (242)
 Net changes in operating assets and liabilities:    
  Accounts receivable 554 (777)
  Deferred costs and other assets 280 28
  Accounts payable and accrued liabilities 819 (439)
  Income taxes payable and receivable 940 2,147
  Other long-term liabilities 357 187
 Net cash provided by operating activities 10,963 9,110
Cash flows from investing activities:    
 Investments in properties (6,845) (1,167)
 Investments in joint ventures (4,768) (2,107)
 Return of capital from investments in joint ventures 17,119 792
 Purchases of investments available for sale 0 (24,748)
 Proceeds from sales of investments available for sale 42,502 32,703
 Cash at consolidation of real estate partnership 3,704 0
 Proceeds from the sale of assets 878 5,867
 Cash held in escrow (152) (3,553)
Net cash provided by investing activities 52,438 7,787
Cash flows from financing activities:    
 Proceeds from long-term debt 92,070 0
 Repayment of long-term debt (90,000) 0
 Debt issue costs (704) 0
 Distribution to noncontrolling interest (527) (408)
 Repurchase of company stock (264) (12,354)
 Exercise of employee stock options 269 0
Net cash provided by (used in) financing activities 844 (12,762)
Net increase in cash and cash equivalents 64,245 4,135
Cash and cash equivalents at beginning of year 73,909 26,607
Cash and cash equivalents at end of the period $ 138,154 $ 30,742