XML 61 R50.htm IDEA: XBRL DOCUMENT
v3.23.1

BUSINESS SEGMENT DATA (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
BUSINESS SEGMENT DATA |
Schedule of operations in different segments | Information about the Company’s operations in different segments for the three months ended March 31, 2023 and 2022 is as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | March 31, 2023 |  | March 31, 2022
Revenues: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 22,432 | ​ | $ | 15,168
Management Fee Income | ​ | ​ | 1,098 | ​ | ​ | 936
Interest Income From Commercial Loans and Investments | ​ | ​ | 795 | ​ | ​ | 718
Real Estate Operations | ​ | ​ | 392 | ​ | ​ | 388
Total Revenues | ​ | $ | 24,717 | ​ | $ | 17,210
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 15,279 | ​ | $ | 11,152
Management Fee Income | ​ | ​ | 1,098 | ​ | ​ | 936
Interest Income From Commercial Loans and Investments | ​ | ​ | 795 | ​ | ​ | 718
Real Estate Operations | ​ | ​ | 307 | ​ | ​ | 337
General and Corporate Expense | ​ | ​ | (14,043) | ​ | ​ | (9,412)
Provision for Impairment | ​ | ​ | (479) | ​ | ​ | —
Loss on Disposition of Assets | ​ | ​ | — | ​ | ​ | (245)
Total Operating Income | ​ | $ | 2,957 | ​ | $ | 3,486
Depreciation and Amortization: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 10,302 | ​ | $ | 6,356
Corporate and Other | ​ | ​ | 14 | ​ | ​ | 13
Total Depreciation and Amortization | ​ | $ | 10,316 | ​ | $ | 6,369
Capital Expenditures: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 7,773 | ​ | $ | 40,499
Commercial Loans and Investments | ​ | ​ | 16,061 | ​ | ​ | —
Corporate and Other | ​ | ​ | 25 | ​ | ​ | 16
Total Capital Expenditures | ​ | $ | 23,859 | ​ | $ | 40,515
Identifiable assets of each segment as of March 31, 2023 and December 31, 2022 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ |  | March 31, 2023 |  | December 31, 2022
Identifiable Assets: | ​ | ​ | ​ | ​ | ​ | ​
Income Properties | ​ | $ | 896,537 | ​ | $ | 902,427
Management Services | ​ | ​ | 1,505 | ​ | ​ | 1,370
Commercial Loans and Investments | ​ | ​ | 47,368 | ​ | ​ | 32,269
Real Estate Operations | ​ | ​ | 3,992 | ​ | ​ | 4,041
Corporate and Other | ​ | ​ | 31,852 | ​ | ​ | 46,438
Total Assets | ​ | $ | 981,254 | ​ | $ | 986,545
​

X
- 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration