CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Lease revenue	$ 7,170	$ 6,832
Mining royalty and rents	2,963	3,282
Total revenues	10,133	10,114
Cost of operations:
Depreciation, depletion and amortization	2,535	2,780
Operating expenses	1,867	1,740
Property taxes	807	947
General and administrative	2,042	1,793
Total cost of operations	7,251	7,260
Total operating profit	2,882	2,854
Net investment income	2,783	2,382
Interest expense	(911)	(1,006)
Equity in loss of joint ventures	(3,019)	(3,625)
Gain on sale of real estate	0	10
Income before income taxes	1,735	615
Provision for income taxes	400	209
Net income	1,335	406
Income (loss) attributable to noncontrolling interest	34	(159)
Net income attributable to the Company	$ 1,301	$ 565
Earnings per common share (1):
Basic	$ 0.07	$ 0.03
Diluted	$ 0.07	$ 0.03
Number of shares (in thousands) used in computing (1):
-basic earnings per common share	18,859	18,832
-diluted earnings per common share	18,944	18,912