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Business Segments (Tables)
9 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Business segments
 Business Segments Three Months ended Nine Months ended
 (in thousands) June 30, June 30,
2012 2011 2012 2011
Revenues:        
 Transportation  $26,907   26,182   77,197   72,209
 Mining royalty land    1,101    1,180    3,103    3,193
 Developed property rentals    5,022    4,585   14,415   13,398
   $33,030   31,947   94,715   88,800
         
Operating profit:        
 Transportation  $ 2,682    2,834    6,706    7,603
 Mining royalty land      958      999    2,671    2,626
 Developed property rentals    2,150    1,547    5,531    4,172
 Corporate expenses:        
  Allocated to transportation     (396)     (390)   (1,187)   (1,169)
  Allocated to mining land     (164)     (153)     (491)     (458)
  Allocated to developed property     (245)     (229)     (736)     (686)
  Unallocated      (94)     (167)     (945)   (1,275)
      (899)     (939)   (3,359)   (3,588)
 $ 4,891    4,441   11,549   10,813
       
Interest expense:        
 Mining royalty land  $    10        9       29       27
 Developed property rentals      527      780    2,106    2,506
   $   537      789    2,135    2,533
         
Capital expenditures:        
 Transportation  $ 1,202    1,501    6,605    4,660
 Mining royalty land   11,039      -     11,039      -  
 Developed property rentals:        
  Capitalized interest      533      345    1,111      928
  Internal labor      173      190      431      450
  Real estate taxes (a)      243      303   (1,454)      875
  Other costs (b)    2,916    2,517    5,573    6,112
   $16,106    4,856   23,305   13,025
  (a)Includes $2,250 adjustment related to a receivable on previously capitalized
   real estate taxes on the Anacostia property for the 9 months ended June 30, 2012
  (b)Net of 1031 exchange of $4,941 for the 3  and 9 months ending  
   June 30, 2011        
         
Depreciation, depletion and        
amortization:        
 Transportation  $ 1,690    1,582    5,018    4,680
 Mining royalty land       27       29       86       80
 Developed property rentals     1,382    1,300    4,096    3,917
 Other        97       54      302      449
   $ 3,196    2,965    9,502    9,126

 

  June 30, September 30,
  2012 2011
Identifiable net assets    
  Transportation $      38,854        39,001
  Discontinued Transportation Operations           101           114
  Mining royalty land        39,469        28,295
  Developed property rentals       179,532       175,618
  Cash items        11,838        21,026
  Unallocated corporate assets         2,558         2,336
  $     272,352       266,390