REPORTING SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Components of Segment Revenues

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

	Three Months Ended March 31,
($ in thousands)	2022		2021
Commercial/industrial revenues	$	7,349	$	2,228
Equity in earnings of unconsolidated joint ventures	1,213		(59)
Commercial/industrial revenues and equity in earnings of unconsolidated joint ventures	8,562		2,169
Commercial/industrial expenses	2,736		1,552
Operating results from commercial/industrial and unconsolidated joint ventures	$	5,826	$	617

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

	Three Months Ended March 31,
($ in thousands)	2022		2021
Mineral resources revenues	$	11,968	$	7,176
Mineral resources expenses	7,157		5,047
Operating results from mineral resources	$	4,811	$	2,129

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

	Three Months Ended March 31,
($ in thousands)	2022		2021
Farming revenues	$	655	$	607
Farming expenses	1,762		1,478
Operating results from farming	$	(1,107)	$	(871)

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

	Three Months Ended March 31,
($ in thousands)	2022		2021
Ranch operations revenues	$	1,048	$	1,043
Ranch operations expenses	1,315		1,187
Operating results from ranch operations	$	(267)	$	(144)