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v3.25.3

Business Segments - Schedule of Operating Results and Certain Other Financial Data for Business Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 10,775 | $ 10,633 | $ 31,931 | $ 31,243
Operating profit (loss) | 3,691 | 5,372 | 13,135 | 15,668
General and administrative expenses | 2,328 | 2,289 | 7,790 | 6,883
Total operating profit | 1,363 | 3,083 | 5,345 | 8,785
Interest expense | 739 | 742 | 2,258 | 2,482
Depreciation, depletion and amortization |  |  | 8,627 | 7,840
Capital expenditures | 24,993 | 34,571 | 34,154 | 47,089
Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation, depletion and amortization | 2,825 | 2,551 | 8,158 | 7,629
Operating Segments | Industrial and commercial |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 1,229 | 1,455 | 3,950 | 4,353
Operating profit (loss) | 341 | 842 | 1,427 | 2,484
Depreciation, depletion and amortization | 567 | 360 | 1,529 | 1,083
Capital expenditures | 129 | 235 | 267 | 628
Operating Segments | Mining royalty lands |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 3,689 | 3,199 | 10,532 | 9,393
Operating profit (loss) | 3,384 | 2,946 | 9,689 | 8,655
Depreciation, depletion and amortization | 213 | 163 | 568 | 471
Capital expenditures | 297 | 18 | 525 | 60
Operating Segments | Development |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 301 | 297 | 902 | 905
Operating profit (loss) | (1,189) | 25 | (1,802) | 102
Depreciation, depletion and amortization | 43 | 43 | 129 | 128
Capital expenditures | 24,523 | 34,265 | 32,697 | 46,146
Operating Segments | Multifamily |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 5,556 | 5,682 | 16,547 | 16,592
Operating profit (loss) | 1,155 | 1,559 | 3,821 | 4,427
Depreciation, depletion and amortization | 2,002 | 1,985 | 5,932 | 5,947
Capital expenditures | $ 44 | $ 53 | $ 665 | $ 255

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