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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenue:        
Total operating revenue $ 52.5 $ 49.4 $ 156.0 $ 159.7
Operating Costs and Expenses:        
Selling, general and administrative 7.6 9.6 26.2 27.7
Impairment of assets 0.6 0.0 0.6 0.0
Total operating costs and expenses 35.5 38.8 109.7 119.7
Gain (loss) on disposal of non-core assets, net 0.0 0.0 1.1 54.0
Operating Income (Loss) 17.0 10.6 47.4 94.0
Other Income and (Expenses):        
Income (loss) related to joint ventures 1.0 0.8 1.9 2.3
Pension termination 0.0 0.0 0.0 (76.9)
Interest and other income (expense), net 0.1 (0.2) 0.0 0.1
Interest expense (6.1) (5.4) (17.0) (16.7)
Income (Loss) from Continuing Operations Before Income Taxes 12.0 5.8 32.3 2.8
Income tax benefit (expense) 0.0 0.0 0.0 18.1
Income (Loss) from Continuing Operations 12.0 5.8 32.3 20.9
Income (loss) from discontinued operations, net of income taxes 3.9 1.0 3.9 1.3
Net Income (Loss) 15.9 6.8 36.2 22.2
Loss (income) attributable to discontinued noncontrolling interest (1.3) (0.4) (2.9) (1.2)
Net Income (Loss) Attributable to A&B Shareholders $ 14.6 $ 6.4 $ 33.3 $ 21.0
Basic Earnings (Loss) Per Share of Common Stock:        
Continuing operations available to A&B shareholders (in dollars per share) $ 0.16 $ 0.08 $ 0.44 $ 0.29
Discontinued operations available to A&B shareholders (in dollars per share) 0.04 0.01 0.02 0
Net income (loss) available to A&B shareholders (in dollars per share) 0.20 0.09 0.46 0.29
Diluted Earnings (Loss) Per Share of Common Stock:        
Continuing operations available to A&B shareholders (in dollars per share) 0.16 0.08 0.44 0.29
Discontinued operations available to A&B shareholders (in dollars per share) 0.04 0.01 0.02 0
Net income (loss) available to A&B shareholders (in dollars per share) $ 0.20 $ 0.09 $ 0.46 $ 0.29
Weighted-Average Number of Shares Outstanding:        
Basic (in shares) 72.6 72.7 72.6 72.7
Diluted (in shares) 72.8 72.8 72.8 72.8
Amounts Available to A&B Common Shareholders :        
Continuing operations available to A&B common shareholders $ 12.0 $ 5.7 $ 32.2 $ 20.7
Discontinued operations available to A&B common shareholders 2.6 0.6 1.0 0.1
Net income (loss) available to A&B common shareholders 14.6 6.3 33.2 20.8
Commercial Real Estate        
Operating Revenue:        
Commercial Real Estate 48.2 46.5 145.6 138.8
Operating Costs and Expenses:        
Cost of Commercial Real Estate 25.1 25.0 75.1 73.2
Land Operations        
Operating Revenue:        
Land Operations 4.3 2.9 10.4 20.9
Operating Costs and Expenses:        
Cost of Land Operations $ 2.2 $ 4.2 $ 7.8 $ 18.8