| |
|
|
|
|
|
|
|
|
|
|
|
| |
Three Months Ended
June 30,
(in thousands) |
|
Six Months Ended
June 30,
(in thousands) |
| |
2026 |
|
2025 |
|
2026 |
|
2025 |
| Property |
|
|
|
|
|
|
|
|
|
|
|
|
Revenue from property
sale |
$ |
-- |
|
$ |
-- |
|
$ |
19,899 |
|
$ |
-- |
| Other revenue |
|
104 |
|
|
81 |
|
|
185 |
|
|
175 |
| Less: |
|
|
|
|
|
|
|
|
|
|
|
|
Land basis and other
costs of property sale |
|
(47) |
|
|
-- |
|
|
9,616 |
|
|
-- |
|
Operating costs and
expenses |
|
232 |
|
|
233 |
|
|
665 |
|
|
542 |
| Property tax |
|
36 |
|
|
33 |
|
|
72 |
|
|
65 |
| Credit loss reserve expense |
|
15 |
|
|
15 |
|
|
29 |
|
|
32 |
|
Other selling, general
and administrative
expenses |
|
150 |
|
|
329 |
|
|
350 |
|
|
623 |
| Depreciation |
|
19 |
|
|
20 |
|
|
39 |
|
|
36 |
|
Property operating income
(loss) before income taxes |
|
(301) |
|
|
(549) |
|
|
9,313 |
|
|
(1,123) |
| |
|
|
|
|
|
|
|
|
|
|
|
| Agriculture |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
295 |
|
|
64 |
|
|
522 |
|
|
172 |
| Less: |
|
|
|
|
|
|
|
|
|
|
|
| Cost of goods sold |
|
1,074 |
|
|
390 |
|
|
1,470 |
|
|
683 |
| Property tax |
|
5 |
|
|
5 |
|
|
11 |
|
|
9 |
|
Other selling, general
and administrative
expenses |
|
13 |
|
|
72 |
|
|
24 |
|
|
166 |
| Depreciation |
|
10 |
|
|
15 |
|
|
38 |
|
|
29 |
|
Agriculture operating loss
before income taxes |
|
(807) |
|
|
(418) |
|
|
(1,021) |
|
|
(715) |
| |
|
|
|
|
|
|
|
|
|
|
|
| Operating income (loss) |
|
(1,108) |
|
|
(967) |
|
|
8,292 |
|
|
(1,838) |
| |
|
|
|
|
|
|
|
|
|
|
|
| Crop insurance proceeds |
|
867 |
|
|
682 |
|
|
1,367 |
|
|
682 |
|
Net gain on property damage
and lost profits, net
of
insurance claims |
|
-- |
|
|
-- |
|
|
4,038 |
|
|
-- |
|
Corporate operating loss
before income taxes |
|
(316) |
|
|
(171) |
|
|
(945) |
|
|
(817) |
| |
|
|
|
|
|
|
|
|
|
|
|