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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Total revenues $ 45,577,000 $ 51,147,000 $ 51,069,000
Costs and Expenses:      
Total expenses 53,483,000 54,343,000 49,126,000
Operating (loss) income (7,906,000) (3,196,000) 1,943,000
Other Income:      
Gain on sale of real estate 1,044,000 0 0
Investment income 457,000 528,000 696,000
Other income 158,000 381,000 526,000
Total other income 1,659,000 909,000 1,222,000
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (6,247,000) (2,287,000) 3,165,000
Equity in earnings of unconsolidated joint ventures, net 7,098,000 6,324,000 5,294,000
Income before income tax expense 851,000 4,037,000 8,459,000
Income tax expense 336,000 1,125,000 2,697,000
Net income 515,000 2,912,000 5,762,000
Net (loss) income attributable to non-controlling interest (43,000) (38,000) 107,000
Net income attributable to common stockholders $ 558,000 $ 2,950,000 $ 5,655,000
Net Income (loss) Per Share $ 0.03 $ 0.14 $ 0.27
Net income per share attributable to common stockholders, diluted (in dollars per share( $ 0.03 $ 0.14 $ 0.27
Ranch operations      
Revenues:      
Total revenues   $ 3,923,000 $ 3,534,000
Costs and Expenses:      
Total expenses $ 5,734,000 6,112,000 5,998,000
Operating Segments | Real estate - commercial/industrial      
Revenues:      
Total revenues 9,438,000 8,272,000 7,845,000
Costs and Expenses:      
Total expenses 7,100,000 6,694,000 7,206,000
Operating (loss) income 2,338,000 1,578,000 639,000
Other Income:      
Equity in earnings of unconsolidated joint ventures, net 7,098,000 6,324,000 5,294,000
Operating Segments | Mineral resources      
Revenues:      
Total revenues 14,153,000 15,116,000 16,255,000
Costs and Expenses:      
Total expenses 7,796,000 7,396,000 6,418,000
Operating (loss) income 6,357,000 7,720,000 9,837,000
Operating Segments | Real estate - resort/residential      
Costs and Expenses:      
Total expenses 1,630,000 2,349,000 2,608,000
Operating (loss) income (1,630,000) (2,349,000) (2,608,000)
Operating Segments | Farming      
Revenues:      
Total revenues 18,648,000 23,836,000 23,435,000
Costs and Expenses:      
Total expenses 18,673,000 18,984,000 16,250,000
Operating (loss) income (25,000) 4,852,000 7,185,000
Operating Segments | Ranch operations      
Revenues:      
Total revenues 3,338,000 3,923,000 3,534,000
Costs and Expenses:      
Operating (loss) income (2,396,000) (2,189,000) (2,464,000)
Corporate      
Costs and Expenses:      
Total expenses $ 12,550,000 $ 12,808,000 $ 10,646,000