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Unaudited Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Total revenues $ 13,469,000 $ 5,702,000
Costs and Expenses:    
Total expenses 11,924,000 9,264,000
Operating income (loss) 1,545,000 (3,562,000)
Other Income:    
Investment income 283,000 103,000
Other income, net (14,000) (14,000)
Total other income 269,000 89,000
Income (loss) from operations before equity in earnings of unconsolidated joint ventures 1,814,000 (3,473,000)
Equity in earnings of unconsolidated joint ventures, net 167,000 228,000
Income (loss) before income tax expense 1,981,000 (3,245,000)
Income tax expense (benefit) 526,000 (1,332,000)
Net income (loss) 1,455,000 (1,913,000)
Net loss attributable to non-controlling interest (2,000) (11,000)
Net income (loss) attributable to common stockholders $ 1,457,000 $ (1,902,000)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share) $ 0.06 $ (0.09)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share) $ 0.06 $ (0.09)
Real estate - commercial/industrial    
Revenues:    
Total revenues $ 2,154,000 $ 2,189,000
Other Income:    
Equity in earnings of unconsolidated joint ventures, net 167,000 228,000
Income (loss) before income tax expense 1,002,000 674,000
Real estate - resort/residential    
Revenues:    
Total revenues 0  
Mineral resources    
Revenues:    
Total revenues 9,131,000 2,001,000
Other Income:    
Income (loss) from operations before equity in earnings of unconsolidated joint ventures 4,900,000 677,000
Ranch operations    
Revenues:    
Total revenues 989,000 1,081,000
Other Income:    
Income (loss) from operations before equity in earnings of unconsolidated joint ventures (400,000) (412,000)
Operating Segments | Real estate - commercial/industrial    
Revenues:    
Total revenues 2,154,000 2,189,000
Costs and Expenses:    
Total expenses 1,319,000 1,743,000
Operating Segments | Real estate - resort/residential    
Costs and Expenses:    
Total expenses 415,000 630,000
Operating Segments | Mineral resources    
Revenues:    
Total revenues 9,131,000 2,001,000
Costs and Expenses:    
Total expenses 4,231,000 1,324,000
Operating Segments | Farming    
Revenues:    
Total revenues 1,195,000 431,000
Costs and Expenses:    
Total expenses 1,838,000 1,323,000
Operating Segments | Ranch operations    
Revenues:    
Total revenues 989,000 1,081,000
Costs and Expenses:    
Total expenses 1,389,000 1,493,000
Corporate expenses    
Costs and Expenses:    
Total expenses $ 2,732,000 $ 2,751,000