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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets:    
Land $ 99,417 $ 99,417
Buildings and improvements 208,375 195,443
Projects under construction 6,917 11,779
Total investments in properties 314,709 306,639
Less accumulated depreciation and depletion 85,935 82,392
Net investments in properties 228,774 224,247
Real estate held for investment, at cost 7,176 7,176
Investments in joint ventures 21,557 22,901
Net real estate investments 257,507 254,324
Accounts receivable 789 710
Federal and state income taxes receivable 2,926 0
Unrealized rents 4,370 4,562
Deferred costs 5,436 6,786
Other assets 182 178
Total assets 271,210 266,560
Liabilities:    
Lines of credit payable 6,355 6,665
Secured notes payable, current portion 4,673 4,526
Secured notes payable, less current portion 27,234 29,554
Accounts payable and accrued liabilities 3,213 3,747
Environmental remediation liability 2,037 2,037
Bank overdraft 171 254
Federal and state income taxes payable 0 887
Deferred revenue 200 1,126
Deferred income taxes 20,447 16,455
Deferred compensation 1,484 1,475
Deferred lease intangible, net 4 9
Tenant security deposits 906 1,005
Total liabilities 66,724 67,740
Commitments and contingencies (Note 8)
Shareholders' Equity:    
Common stock, $.10 par value; 25,000,000 shares authorized, 10,002,167 and 9,914,054 shares issued and outstanding, respectively 1,000 991
Capital in excess of par value 55,211 52,647
Retained earnings 148,261 145,168
Accumulated other comprehensive income, net 14 14
Total shareholders' equity 204,486 198,820
Total liabilities and shareholders' equity $ 271,210 $ 266,560