Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating Activities
Net (loss) income	$ (1,940)	$ 784
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,422	4,170
Amortization of premium/discount of marketable securities	236	386
Equity in earnings of unconsolidated joint ventures	(3,512)	(5,650)
Non-cash retirement plan expense	404	725
Gain on sale of real estate/assets	93	0
Deferred income taxes	46	755
Stock compensation expense	2,571	3,297
Excess tax benefit from stock-based compensation	143	0
Distribution of earnings from unconsolidated joint ventures	7,200	4,500
Changes in operating assets and liabilities:
Receivables, inventories and other assets, net	(1,137)	(6,622)
Current liabilities	376	(932)
Net cash provided by operating activities	7,902	1,413
Investing Activities
Maturities and sales of marketable securities	5,274	9,010
Funds invested in marketable securities	(255)	(4,014)
Real estate and equipment expenditures	(15,579)	(19,760)
Communities Facilities District and other reimbursements	0	4,650
Investment in unconsolidated joint ventures	(252)	(1,900)
Distribution of equity from unconsolidated joint ventures	3,018	1,600
Investments in long-term water assets	(4,567)	0
Net cash used in investing activities	(12,361)	(10,414)
Financing Activities
Borrowings of short-term debt	13,300	19,500
Repayments of short-term debt	(4,000)	(8,500)
Repayments of long-term debt	(2,901)	(190)
Taxes on vested stock grants	(540)	(314)
Net cash provided by financing activities	5,859	10,496
Increase in cash and cash equivalents	1,400	1,495
Cash and cash equivalents at beginning of period	1,258	1,930
Cash and cash equivalents at end of period	2,658	3,425
Supplemental cash flow information
Accrued capital expenditures included in current liabilities	792	1,253
Income taxes paid	0	1,350
Non cash capital contribution to unconsolidated joint venture	$ 1,339	$ 0