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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 40,875 $ 1,499
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes 10,314 0
Depreciation, depletion and amortization 1,502 1,526
Equity in loss of joint ventures 1,635 642
Gain on remeasurement of investment in real estate partnership (51,139) 0
Gain on sale of equipment and property 0 (8)
Stock-based compensation 202 601
Realized gain on available for sale investments 0 (108)
Net changes in operating assets and liabilities:    
Accounts receivable 99 (292)
Deferred costs and other assets 243 (183)
Accounts payable and accrued liabilities (613) (855)
Income taxes payable and receivable 112 182
Other long-term liabilities 190 979
Net cash provided by operating activities 3,420 3,983
Cash flows from investing activities:    
Investments in properties (3,387) (487)
Investments in joint ventures (1,918) (3,600)
Return of capital from investments in joint ventures 16,426 1,485
Purchases of investments available for sale 0 (24,748)
Proceeds from sales of investments available for sale 23,701 11,857
Proceeds from the sale of assets 0 8
Cash at consolidation of real estate partnership 3,704 0
Cash held in escrow (2) (3)
Net cash provided by (used in) investing activities 38,524 (15,488)
Cash flows from financing activities:    
Distribution to noncontrolling interest (170) (306)
Proceeds from long-term debt 92,070 0
Repayment of long-term debt (90,000) 0
Debt issue costs (679) 0
Repurchase of Company Stock (264) (3,421)
Exercise of employee stock options 33 0
Net cash provided by (used in) financing activities 990 (3,727)
Net increase (decrease) in cash and cash equivalents 42,934 (15,232)
Cash and cash equivalents at beginning of year 73,909 26,607
Cash and cash equivalents at end of the period $ 116,843 $ 11,375