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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Revenue $ 5,872 $ 4,263 $ 28,518 $ 8,351
Costs and Expenses:        
Costs and Expenses 7,679 6,766 16,851 13,227
Operating income (loss) (1,807) (2,503) 11,667 (4,876)
Other Income (Expense)        
Investment income 314 221 610 462
Interest expense   (70)   (70)
Other income 33 15 60 26
Total other income 347 166 670 418
Income (loss) from operations before equity in earnings (losses) of unconsolidated joint ventures (1,460) (2,337) 12,337 (4,458)
Equity in earnings (losses) of unconsolidated joint ventures, net 412 245 (30) 13
Income (loss) before income tax expense (benefit) (1,048) (2,092) 12,307 (4,445)
Income tax expense (benefit) (392) (855) 4,268 (1,838)
Net income (loss) (656) (1,237) 8,039 (2,607)
Net income (loss) attributable to non-controlling interest (18) (88) (59) (125)
Net income (loss) attributable to common stockholders (638) (1,149) 8,098 (2,482)
Net income (loss) per share attributable to common stockholders, basic $ (0.03) $ (0.06) $ 0.41 $ (0.14)
Net income (loss) per share attributable to common stockholders, diluted $ (0.03) $ (0.06) $ 0.41 $ (0.14)
Real estate - commercial/industrial
       
Revenues:        
Revenue 5,106 4,071 9,392 7,644
Costs and Expenses:        
Costs and Expenses 3,107 2,827 6,186 5,487
Real estate- resort/residential
       
Revenues:        
Revenue 128 4 15,878 50
Costs and Expenses:        
Costs and Expenses 929 1,136 1,877 2,127
Farming
       
Revenues:        
Revenue 638 188 3,248 657
Costs and Expenses:        
Costs and Expenses 847 718 3,190 1,491
Corporate
       
Costs and Expenses:        
Costs and Expenses $ 2,796 $ 2,085 $ 5,598 $ 4,122