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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
     Lease revenue $ 6,224 $ 3,591 $ 15,623 $ 10,636
     Mining lands lease revenue 2,249 2,507 7,198 7,094
 Total Revenues 8,473 6,098 22,821 17,730
Cost of operations:        
     Depreciation, depletion and amortization 3,796 1,438 9,627 4,406
     Operating expenses 1,557 892 3,792 2,598
     Property taxes 986 706 2,764 2,089
     Management company indirect 745 844 2,137 2,208
     Corporate expenses 657 637 2,486 2,850
Total cost of operations 7,741 4,517 20,806 14,151
Total operating profit 732 1,581 2,015 3,579
Net investment income, including realized gains of $0, $55, $0 and $297, respectively 943 1,814 3,366 5,915
Interest expense (414) (46) (1,785) (142)
Equity in loss of joint ventures (1,244) (1,788) (3,997) (3,773)
Gain on remeasurement of investment in real estate partnership 0 0 51,139 0
Gain on sale of real estate 0 5,732 805 9,329
Income before income taxes 17 7,293 51,543 14,908
Provision for income taxes 130 2,022 10,500 4,161
Net income (loss) (113) 5,271 41,043 10,747
Gain (loss) attributable to noncontrolling interest (465) (184) 12,236 (475)
Net income attributable to the Company $ 352 $ 5,455 $ 28,807 $ 11,222
Earnings per common share:        
    Basic $ 0.04 $ 0.57 $ 3.08 $ 1.16
    Diluted $ 0.04 $ 0.57 $ 3.07 $ 1.16
Number of shares (in thousands) used in computing:        
    -basic earnings per common share 9,363 9,517 9,352 9,646
    -diluted earnings per common share 9,399 9,545 9,390 9,681