Business Segments (Tables)

6 Months Ended

Jun. 30, 2014

Real estate - commercial/industrial

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the commercial/industrial real estate segment for the six months ended June 30 are as follows:

(In thousands)	2014		2013
Commercial leases	$	2,785	$	3,401
Grazing leases	713		748
All other land management ancillary services	1,997		1,398
Total revenue	5,495		5,547
Equity in earnings of unconsolidated joint ventures	1,621		1,720
Revenues and equity in earnings of unconsolidated joint ventures	$	7,116	$	7,267

Real estate - resort/residential

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the resort/residential real estate development segment for the six months ended June 30 are as follows:

(In thousands)	2014			2013
Hay sales - Centennial operations	$	404		$	307
Management fees	180			156
Other	3			8
Total revenue	587			471
Equity in earnings (losses) of unconsolidated joint ventures	(35		)	(41		)
Revenues and equity in earnings of unconsolidated joint ventures	$	552		$	430

Mineral resources

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the mineral resources segment for the six months ended June 30 are as follows:

($ in thousands)	2014		2013
Oil and gas	$	3,522	$	4,418
Rock aggregate	592		296
Cement	479		375
Land lease for oil exploration	112		542
Total revenue	$	4,705	$	5,631