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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES:        
Revenues $ 65,923 $ 15,416 $ 92,973 $ 25,695
COSTS AND EXPENSES:        
Selling, general, and administrative 11,938 12,030 38,400 41,472
Restructuring 0 0 0 19,437
Total costs and expenses 54,627 21,098 96,107 79,078
OTHER INCOME:        
Interest income 2,413 307 4,542 445
Miscellaneous 1,074 112 1,033 336
Total other income 3,487 419 5,575 781
EQUITY IN (LOSS) EARNINGS FROM UNCONSOLIDATED ENTITIES (622) (4,265) 52,554 (4,654)
INCOME (LOSS) BEFORE INCOME TAX PROVISION 14,161 (9,528) 54,995 (57,256)
INCOME TAX PROVISION (3) (3) (16) (16)
NET INCOME (LOSS) 14,158 (9,531) 54,979 (57,272)
LESS NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS 7,555 (5,092) 29,341 (30,592)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY $ 6,603 $ (4,439) $ 25,638 $ (26,680)
Common Class A        
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY PER CLASS A SHARE        
Basic (in dollars per share) $ 0.10 $ (0.06) $ 0.37 $ (0.39)
Diluted (in dollar per share) $ 0.09 $ (0.07) $ 0.37 $ (0.39)
WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING        
Basic (in shares) 68,865,783 68,514,843 68,794,915 68,393,923
Diluted (in shares) 145,312,266 68,879,642 145,064,113 68,758,722
Common Class B        
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY PER CLASS A SHARE        
Basic (in dollars per share) $ 0.00 $ (0.00) $ 0.00 $ (0.00)
Diluted (in dollar per share) $ 0.00 $ (0.00) $ 0.00 $ (0.00)
WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING        
Basic (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Diluted (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Land sales        
COSTS AND EXPENSES:        
Cost and expenses $ 38,967 $ 0 $ 38,967 $ 0
Land sales | Nonrelated Party        
REVENUES:        
Revenues 60,694 72 60,685 643
Land sales | Related Party        
REVENUES:        
Revenues 0 2,817 595 4,529
Management services        
COSTS AND EXPENSES:        
Cost and expenses 2,371 7,488 14,419 12,372
Management services | Related Party        
REVENUES:        
Revenues 4,502 12,108 29,512 18,358
Operating properties        
COSTS AND EXPENSES:        
Cost and expenses 1,351 1,580 4,321 5,797
Operating properties | Nonrelated Party        
REVENUES:        
Revenues $ 727 $ 419 $ 2,181 $ 2,165