91Ã«Æ¬ Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Segment Reporting (Tables)

Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Ìı

Schedule of Segment Financial Results

Segment financial results were as follows for the three months ended MarchÌı31, 2018 and 2017 (in thousands):



Ìı	Ìı	Three Months Ended March 31,
Ìı	Ìı	2018		Ìı	2017
Revenues:	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	42,753	Ìı	$	25,579
Water service and operations	Ìı	17,254		Ìı	4,828
Total consolidated revenues	Ìı	$	60,007	Ìı	$	30,407
Ìı	Ìı	Ìı		Ìı	Ìı
Net income:	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	32,811	Ìı	$	14,445
Water service and operations	Ìı	10,980		Ìı	4,814
Total consolidated net income	Ìı	$	43,791	Ìı	$	19,259
Ìı	Ìı	Ìı		Ìı	Ìı
Capital expenditures	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	1,252	Ìı	$	174
Water service and operations	Ìı	10,589		Ìı	1,738
Total capital expenditures	Ìı	$	11,841	Ìı	$	1,912
Ìı	Ìı	Ìı		Ìı	Ìı
Depreciation and amortization:	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	70	Ìı	$	5
Water service and operations	Ìı	260		Ìı	14
Total depreciation and amortization	Ìı	$	330	Ìı	$	19
Ìı	Ìı	Ìı		Ìı	Ìı

Schedule Of Total Assets And Property, Plant, and Equipment

The following table presents total assets and property, plant and equipment, net by segment as of March 31, 2018 and December 31, 2017 (in thousands):



Ìı	Ìı	MarchÌı31, 2018		Ìı	DecemberÌı31, 2017
Assets:	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	92,676	Ìı	$	97,549
Water service and operations	Ìı	42,240		Ìı	22,486
Total consolidated assets	Ìı	$	134,916	Ìı	$	120,035
Ìı	Ìı	Ìı		Ìı	Ìı
Property, plant and equipment, net	Ìı	Ìı		Ìı	Ìı
Land and resource management	Ìı	$	2,633	Ìı	$	1,449
Water service and operations	Ìı	28,396		Ìı	18,067
Total consolidated property, plant and equipment, net	Ìı	$	31,029	Ìı	$	19,516
Ìı	Ìı	Ìı		Ìı	Ìı