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BUSINESS SEGMENT DATA (Tables) | 12 Months Ended
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Dec. 31, 2022
BUSINESS SEGMENT DATA |
Schedule of operations in different segments | Information about the Company’s operations in different segments for the years ended December 31, 2022, 2021, and 2020 is as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended
​ |  | December 31, 2022 |  | December 31, 2021 |  | December 31, 2020
Revenues: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 68,857 | ​ | $ | 50,679 | ​ | $ | 49,953
Management Fee Income | ​ | ​ | 3,829 | ​ | ​ | 3,305 | ​ | ​ | 2,744
Interest Income From Commercial Loans and Investments | ​ | ​ | 4,172 | ​ | ​ | 2,861 | ​ | ​ | 3,034
Real Estate Operations | ​ | ​ | 5,462 | ​ | ​ | 13,427 | ​ | ​ | 650
Total Revenues | ​ | $ | 82,320 | ​ | $ | 70,272 | ​ | $ | 56,381
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 48,493 | ​ | $ | 36,864 | ​ | $ | 37,964
Management Fee Income | ​ | ​ | 3,829 | ​ | ​ | 3,305 | ​ | ​ | 2,744
Interest Income From Commercial Loans and Investments | ​ | ​ | 4,172 | ​ | ​ | 2,861 | ​ | ​ | 3,034
Real Estate Operations | ​ | ​ | 2,969 | ​ | ​ | 4,812 | ​ | ​ | (2,572)
General and Corporate Expense | ​ | ​ | (41,754) | ​ | ​ | (31,783) | ​ | ​ | (30,630)
Impairment Charges | ​ | ​ | — | ​ | ​ | (17,599) | ​ | ​ | (9,147)
Gain (Loss) on Disposition of Assets | ​ | ​ | (7,042) | ​ | ​ | 28,316 | ​ | ​ | 9,746
Gain (Loss) on Extinguishment of Debt | ​ | ​ | — | ​ | ​ | (3,431) | ​ | ​ | 1,141
Total Operating Income | ​ | $ | 10,667 | ​ | $ | 23,345 | ​ | $ | 12,280
Depreciation and Amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 28,799 | ​ | $ | 20,561 | ​ | $ | 19,036
Corporate and Other | ​ | ​ | 56 | ​ | ​ | 20 | ​ | ​ | 27
Total Depreciation and Amortization | ​ | $ | 28,855 | ​ | $ | 20,581 | ​ | $ | 19,063
Capital Expenditures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 331,754 | ​ | $ | 256,456 | ​ | $ | 188,849
Commercial Loans and Investments | ​ | ​ | 53,369 | ​ | ​ | 364 | ​ | ​ | 7,150
Corporate and Other | ​ | ​ | 42 | ​ | ​ | 34 | ​ | ​ | 30
Total Capital Expenditures | ​ | $ | 385,165 | ​ | $ | 256,854 | ​ | $ | 196,029
​ ​ Identifiable assets of each segment as of December 31, 2022 and 2021 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ |  | December 31, 2022 |  | December 31, 2021
Identifiable Assets: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 902,427 | ​ | $ | 630,747
Management Services | ​ | ​ | 1,370 | ​ | ​ | 1,653
Commercial Loans and Investments | ​ | ​ | 32,269 | ​ | ​ | 39,095
Real Estate Operations | ​ | ​ | 4,041 | ​ | ​ | 26,512
Corporate and Other | ​ | ​ | 46,438 | ​ | ​ | 35,132
Total Assets | ​ | $ | 986,545 | ​ | $ | 733,139
​

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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