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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Revenue$ 14,765$ 16,279$ 43,283$ 24,630
Costs and Expenses:    
Costs and Expenses11,7304,25028,58117,477
Operating income3,03512,02914,7027,153
Other Income (Expense)    
Investment income317246927708
Interest expense (7) (77)
Other income1787734
Total other income3342471,004665
Income from operations before equity in earnings of unconsolidated joint ventures3,36912,27615,7067,818
Equity in earnings of unconsolidated joint ventures, net613647583660
Income before income tax expense3,98212,92316,2898,478
Income tax expense1,4425,0715,7103,233
Net income2,5407,85210,5795,245
Net income (loss) attributable to non-controlling interest(18)2(77)(123)
Net income attributable to common stockholders2,5587,85010,6565,368
Net income per share attributable to common stockholders, basic$ 0.13$ 0.40$ 0.54$ 0.30
Net income per share attributable to common stockholders, diluted$ 0.13$ 0.40$ 0.54$ 0.30
Real estate - commercial/industrial
    
Revenues:    
Revenue5,7603,85315,15211,497
Costs and Expenses:    
Costs and Expenses3,2492,2059,4357,692
Real estate- resort/residential
    
Revenues:    
Revenue8822815,966278
Costs and Expenses:    
Costs and Expenses1,001232,8782,150
Farming
    
Revenues:    
Revenue8,91712,19812,16512,855
Costs and Expenses:    
Costs and Expenses4,8254,0588,0155,549
Corporate
    
Costs and Expenses:    
Costs and Expenses$ 2,655$ (2,036)$ 8,253$ 2,086