Reporting Segments and Related Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Components of segment revenues

The following table summarizes revenues, expenses and operating income from this segment for periods ended:

	Three Months Ended March 31,
($ in thousands)	2019		2018
Commercial revenues	2,826		2,154
Equity in earnings of unconsolidated joint ventures	876		167
Commercial revenues and equity in earnings of unconsolidated joint ventures	3,702		2,321
Commercial expenses	1,792		1,319
Operating results from commercial and unconsolidated joint ventures	$	1,910	$	1,002

The following table summarizes revenues, expenses and operating results from this segment for periods ended:

	Three Months Ended March 31,
($ in thousands)	2019			2018
Farming revenues	815			1,195
Farming expenses	$	1,598		$	1,838
Operating results from farming	$	(783	)	$	(643	)

The following table summarizes revenues, expenses and operating results from this segment for periods ended:

	Three Months Ended March 31,
($ in thousands)	2019			2018
Ranch operations revenues	889			989
Ranch operations expenses	$	1,350		$	1,389
Operating results from ranch operations	$	(461	)	$	(400	)

The following table summarizes revenues, expenses and operating results from this segment for periods ended:

	Three Months Ended March 31,
($ in thousands)	2019		2018
Mineral resources revenues	6,132		9,131
Mineral resources expenses	$	3,832	$	4,231
Operating results from mineral resources	$	2,300	$	4,900