菜創郭肱利 Annual report pursuant to Section 13 and 15(d)

Business Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2018

油

Segment financial results were as follows (in thousands):



油	Years Ended December 31,
油	2018		油	2017		油	2016
Revenues:	油		油	油		油	油
Land and resource management	$	211,476	油	$	123,340	油	$	57,984
Water service and operations	88,744		油	31,294		油	8,125
Total consolidated revenues	$	300,220	油	$	154,634	油	$	66,109
油	油		油	油		油	油
Net income:	油		油	油		油	油
Land and resource management	$	159,611	油	$	78,468	油	$	37,049
Water service and operations	50,125		油	18,763		油	5,226
Total consolidated net income	$	209,736	油	$	97,231	油	$	42,275
油	油		油	油		油	油
Capital Expenditures:	油		油	油		油	油
Land and resource management	$	2,790	油	$	920	油	$	478
Water service and operations	45,088		油	17,827		油	499
Total capital expenditures	$	47,878	油	$	18,747	油	$	977
油	油		油	油		油	油
Depreciation and amortization:	油		油	油		油	油
Land and resource management	$	506	油	$	136	油	$	24
Water service and operations	2,077		油	240		油	19
Total depreciation and amortization	$	2,583	油	$	376	油	$	43



油	December 31, 2018		油	December 31, 2017
Total Assets:	油		油	油
Land and resource management	$	198,922	油	$	97,549
Water service and operations	86,153		油	22,486
Total consolidated assets	$	285,075	油	$	120,035
Property, plant and equipment, net:	油		油	油
Land and resource management	$	3,720	油	$	1,449
Water service and operations	61,082		油	18,067
Total consolidated property, plant and equipment, net	$	64,802	油	$	19,516