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Unaudited Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Total revenues $ 5,702,000 $ 12,953,000
Costs and Expenses:    
Total expenses 9,458,000 12,770,000
Operating (loss) gain (3,756,000) 183,000
Other Income:    
Investment income 103,000 118,000
Other income 180,000 51,000
Total other income 283,000 169,000
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (3,473,000) 352,000
Equity in earnings of unconsolidated joint ventures, net 228,000 1,455,000
(Loss) Income before income tax expense (3,245,000) 1,807,000
Income tax (benefit) expense (1,332,000) 612,000
Net (loss) income (1,913,000) 1,195,000
Net loss attributable to non-controlling interest (11,000) (14,000)
Net (loss) income attributable to common stockholders $ (1,902,000) $ 1,209,000
Net income (loss) per share attributable to common stockholders, basic, in dollars per share $ (0.09) $ 0.06
Net income (loss) per share attributable to common stockholders, diluted, in dollars per share $ (0.09) $ 0.06
Real estate - commercial/industrial    
Other Income:    
Equity in earnings of unconsolidated joint ventures, net $ 228,000 $ 1,455,000
(Loss) Income before income tax expense 674,000 1,930,000
Mineral resources    
Other Income:    
(Loss) income from operations before equity in earnings of unconsolidated joint ventures 677,000 4,047,000
Ranch operations    
Other Income:    
(Loss) income from operations before equity in earnings of unconsolidated joint ventures (412,000) (509,000)
Operating Segments | Real estate - commercial/industrial    
Revenues:    
Total revenues 2,189,000 2,154,000
Costs and Expenses:    
Total expenses 1,743,000 1,679,000
Operating Segments | Real estate - resort/residential    
Revenues:    
Total revenues 0  
Costs and Expenses:    
Total expenses 630,000 542,000
Operating Segments | Mineral resources    
Revenues:    
Total revenues 2,001,000 8,740,000
Costs and Expenses:    
Total expenses 1,324,000 4,693,000
Operating Segments | Farming    
Revenues:    
Total revenues 431,000 1,221,000
Costs and Expenses:    
Total expenses 1,323,000 1,506,000
Operating Segments | Ranch operations    
Revenues:    
Total revenues 1,081,000 838,000
Costs and Expenses:    
Total expenses 1,493,000 1,347,000
Corporate expenses    
Costs and Expenses:    
Total expenses $ 2,945,000 $ 3,003,000