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REAL ESTATE OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2023

REAL ESTATE OPERATIONS

Summary of land and development costs

Land and development costs at December 31, 2023 and 2022 were as follows (in thousands):

​

​	​	​	​	​	​	​
​	​	As of
​		December 31, 2023			December 31, 2022
Land and Development Costs	​	$	358	​	$	358
Subsurface Interests	​	​	373	​	​	327
Total Land and Development Costs	​	$	731	​	$	685

Schedule of components of real estate operations revenue

Revenue from continuing real estate operations consisted of the following for the years ended December 31, 2023, 2022, and 2021 (in thousands):

​	​	​	​	​	​	​	​	​	​
​	​	December 31,
​	​	2023		​	2022		​	2021
Mitigation Credit Sales	​	$	2,257	​	$	3,462	​	$	708
Subsurface Revenue - Other	​	​	1,727	​	​	1,904	​	​	4,724
Land Sales Revenue	​	​	—	​	​	96	​	​	7,995
Total Real Estate Operations Revenue	​	$	3,984	​	$	5,462	​	$	13,427

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