Business Segments (Tables)

9 Months Ended

Sep. 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 was as follows:

	Nine Months Ended September 30
($ in thousands)	2014		2013
Commercial leases	$	4,338	$	5,078
Grazing leases	1,064		1,090
All other land management ancillary services	2,665		2,221
Total revenue	8,067		8,389
Equity in earnings of unconsolidated joint ventures	3,328		2,972
Revenues and equity in earnings of unconsolidated joint ventures	$	11,395	$	11,361

Real estate - resort/residential

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the resort/residential real estate development segment was as follows:

	Nine Months Ended September 30
($ in thousands)	2014			2013
Hay sales - Centennial operations	$	588		$	621
Management fees	195			234
Other	3			26
Total revenue	786			881
Equity in earnings (losses) of unconsolidated joint ventures	(35		)	(52		)
Revenues and equity in earnings of unconsolidated joint ventures	$	751		$	829

Mineral resources

Segment Reporting Information [Line Items]

Components of segment revenues

The revenue components of the mineral resources segment was as follows:

	Nine Months Ended September 30
($ in thousands)	2014		2013
Oil and gas	$	5,301	$	6,198
Water sales	7,703		—
Rock aggregate	885		639
Cement	763		581
Land lease for oil exploration	149		637
Total revenue	$	14,801	$	8,055

Farming Segment

Segment Reporting Information [Line Items]

Components of segment revenues

The farming segment produces revenues from the sale of wine grapes, almonds and pistachios. The revenue components of the farming segment was as follows:

	Nine Months Ended September 30
	2014		2013
Almonds	$	5,295	$	6,680
Pistachios	6,237		7,002
Wine grapes	1,293		1,163
Total crop proceeds	$	12,825	$	14,845
Other farming revenues	229		193
Total farming revenues	$	13,054	$	15,038