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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Total revenues $ 8,008 $ 7,475 $ 15,153 $ 17,235
Costs and Expenses:        
Total expenses 8,211 6,308 17,349 15,978
Operating income (loss) (203) 1,167 (2,196) 1,257
Other Income:        
Income from water sales 177 0 3,179 0
Investment income 185 238 383 513
Other income 20 14 47 17
Total other income 382 252 3,609 530
Income from operations before equity in earnings of unconsolidated joint ventures 179 1,419 1,413 1,787
Equity in earnings of unconsolidated joint ventures, net 1,148 1,270 1,586 1,679
Income before income tax expense 1,327 2,689 2,999 3,466
Income tax expense 479 686 1,020 833
Net income 848 2,003 1,979 2,633
Net loss attributable to non-controlling interest (26) (81) (8) (66)
Net income attributable to common stockholders 874 2,084 1,987 2,699
Net income per share attributable to common stockholders, basic, in dollars per share $ 0.04 $ 0.10 $ 0.10 $ 0.13
Net income per share attributable to common stockholders, diluted, in dollars per share $ 0.04 $ 0.10 $ 0.10 $ 0.13
Real estate - commercial/industrial
       
Revenues:        
Total revenues 2,553 2,825 5,495 5,547
Costs and Expenses:        
Total expenses 3,336 3,141 6,647 6,254
Other Income:        
Equity in earnings of unconsolidated joint ventures, net     1,621 1,720
Real estate- resort/residential
       
Revenues:        
Total revenues 228 234 587 471
Costs and Expenses:        
Total expenses 918 1,265 1,573 1,574
Mineral resources
       
Revenues:        
Total revenues 2,441 2,765 4,705 5,631
Costs and Expenses:        
Total expenses 152 65 227 225
Farming
       
Revenues:        
Total revenues 2,786 1,651 4,366 5,586
Costs and Expenses:        
Total expenses 1,197 1,179 2,870 3,436
Corporate expenses
       
Costs and Expenses:        
Total expenses $ 2,608 $ 658 $ 6,032 $ 4,489