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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash flows from operating activities:          
 Net income $ 492 $ 582 $ 898 $ 986  
 Adjustments to reconcile net income to net cash provided by continuing operating      activities:          
 Depreciation, depletion and amortization     5,724 5,890  
 Deferred income taxes     (57) 133  
 Equity in loss of joint ventures 4,047 1,766 7,672 3,370  
 Gain on sale of equipment and property     (15) (733)  
 Stock-based compensation 877 829 1,201 1,026  
 Net changes in operating assets and liabilities:          
  Accounts receivable     (306) (630)  
  Deferred costs and other assets     (278) (1,294)  
  Accounts payable and accrued liabilities     (2,186) (1,468)  
  Income taxes payable and receivable     168 1,501  
  Other long-term liabilities     32 26  
 Net cash provided by operating activities     12,853 8,807  
Cash flows from investing activities:          
 Investments in properties (979) (13,775) (2,185) (17,411)  
 Investments in joint ventures     (26,634) (4,261)  
 Return of capital from investments in joint ventures     6,897 6,677  
 Proceeds from sales of investments available for sale     0 4,317  
 Proceeds from the sale of assets     17 741  
 Cash held in escrow     (26) (13)  
Net cash used in investing activities     (21,931) (9,950)  
Cash flows from financing activities:          
 Distribution to noncontrolling interest     (1,685) (1,349)  
 Repurchase of company stock     (1,000) 0  
 Exercise of employee stock options     803 233  
Net cash used in financing activities     (1,882) (1,116)  
Net decrease in cash and cash equivalents     (10,960) (2,259)  
Cash and cash equivalents at beginning of year     177,497 161,521 $ 161,521
Cash and cash equivalents at end of the period $ 166,537 $ 159,262 166,537 159,262 $ 177,497
Supplemental disclosure of cash flow information:          
  Interest     2,133 1,475  
  Income taxes     $ 530 $ (1,734)