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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Revenue:      
Total operating revenue $ 206,673 $ 236,641 $ 208,843
Operating Costs and Expenses:      
Selling, general and administrative 28,126 29,822 34,028
Merger transaction costs 7,101 0 0
Impairment of assets 0 256 4,768
Total operating costs and expenses 145,793 159,073 145,328
Gain (loss) on commercial real estate transactions 7,454 51 0
Gain (loss) on disposal of assets and settlements, net 11,685 2,148 1,114
Total gain (loss) on commercial real estate transactions and disposal of assets and settlements, net 19,139 2,199 1,114
Operating Income (Loss) 80,019 79,767 64,629
Other Income and (Expenses):      
Income (loss) related to joint ventures and partnerships 8,288 4,556 1,872
Impairment of equity method investment (406) 0 0
Interest and other income (expense), net 416 3,023 (2,693)
Interest expense (23,801) (23,169) (22,963)
Income (Loss) from Continuing Operations Before Income Taxes 64,516 64,177 40,845
Income tax benefit (expense) 69 (174) (35)
Income (Loss) from Continuing Operations 64,585 64,003 40,810
Income (loss) from discontinued operations, net of income taxes 89 (3,466) (7,847)
Net Income (Loss) 64,674 60,537 32,963
Loss (income) attributable to discontinued noncontrolling interest 0 0 (3,151)
Net Income (Loss) Attributable to A&B Shareholders $ 64,674 $ 60,537 $ 29,812
Basic Earnings (Loss) Per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) $ 0.89 $ 0.88 $ 0.56
Discontinued operations available to A&B shareholders (in dollars per share) 0 (0.05) (0.15)
Net income (loss) per share available to A&B shareholders (in dollars per share) 0.89 0.83 0.41
Diluted Earnings (Loss) Per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) 0.89 0.88 0.56
Discontinued operations available to A&B shareholders (in dollars per share) 0 (0.05) (0.15)
Net income (loss) per share available to A&B shareholders (in dollars per share) $ 0.89 $ 0.83 $ 0.41
Weighted-Average Number of Shares Outstanding:      
Basic (in shares) 72,717 72,606 72,559
Diluted (in shares) 73,047 72,752 72,776
Amounts Available to A&B Common Shareholders:      
Continuing operations available to A&B common shareholders $ 64,585 $ 63,980 $ 40,704
Discontinued operations available to A&B common shareholders 89 (3,466) (10,998)
Net income (loss) available to A&B common shareholders 64,674 60,514 29,706
Commercial Real Estate      
Operating Revenue:      
Commercial Real Estate 202,861 197,365 193,971
Operating Costs and Expenses:      
Cost of Commercial Real Estate 106,030 102,535 100,972
Land Operations      
Operating Revenue:      
Land Operations 3,812 39,276 14,872
Operating Costs and Expenses:      
Cost of Land Operations $ 4,536 $ 26,460 $ 5,560