Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Activities
Net income	$ 2,912	$ 5,762	$ 4,103
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	5,090	4,871	4,226
Amortization of premium/discount of marketable securities	555	769	879
Equity in earnings	(6,324)	(5,294)	(4,006)
Non-cash retirement plan expense	997	164	865
Gain on sale of real estate/assets	(95)	0	(46)
Deferred income taxes	(120)	112	(8)
Stock compensation expense	3,757	3,534	929
Distribution of earnings from unconsolidated joint ventures	7,200	0	0
Changes in operating assets and liabilities:
Receivables, inventories, prepaids and other assets, net	2,733	2,291	3,712
Current liabilities, net	263	1,009	(1,118)
Net cash provided by operating activities	16,968	13,218	9,536
Investing Activities
Maturities and sales of marketable securities	24,157	20,844	29,779
Funds invested in marketable securities	(15,574)	(8,525)	(21,392)
Real estate and equipment expenditures	(28,048)	(24,775)	(21,558)
Reimbursement of outlet center costs	0	0	512
Reimbursement proceeds from Communities Facilities District	4,971	0	17,809
Proceeds from sale of real estate/assets	796	0	0
Investment in unconsolidated joint ventures	(52)	(9,656)	(3,415)
Purchase of partner interest in TMV LLC	0	(70,000)	0
Distribution of equity from unconsolidated joint ventures	1,100	0	1,000
Investments in long-term water assets	0	(480)	(9,635)
Other	(11)	0	(711)
Net cash used in investing activities	(12,661)	(92,592)	(7,611)
Financing Activities
Borrowings of line of credit	17,540	31,050	0
Repayments of line of credit	(24,390)	(24,200)	0
Borrowings of long-term debt	0	70,000	4,750
Repayments of long-term debt	(244)	(244)	(310)
Proceeds from exercise of stock options	0	0	211
Taxes on vested stock grants	(921)	(625)	(4,764)
Net cash (used in) provided by financing activities	(8,015)	75,981	(113)
(Decrease) increase in cash and cash equivalents	(3,708)	(3,393)	1,812
Cash and cash equivalents at beginning of year	5,638	9,031	7,219
Cash and cash equivalents at end of year	1,930	5,638	9,031
Supplemental cash flow information
Increase in construction in progress attributable to the reclassification of equity in investment of TMV LLC	0	44,950	0
Accrued capital expenditures included in current liabilities	329	1,096	2,058
Taxes paid (net of refunds)	1,817	(2,384)	15
Common stock issued for water purchase	$ 0	$ 0	$ 9,370