| Schedule of Segment Financial Results |
Segment financial results were as follows for the three and six months ended June 30, 2021 and 2020 (in thousands):
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
| Revenues: |
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Land and resource management |
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$ |
67,241Ìý |
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$ |
35,597Ìý |
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$ |
125,031Ìý |
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$ |
92,255Ìý |
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Water services and operations |
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28,691Ìý |
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21,687Ìý |
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55,056Ìý |
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61,623Ìý |
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| Total consolidated revenues |
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$ |
95,932Ìý |
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$ |
57,284Ìý |
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$ |
180,087Ìý |
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$ |
153,878Ìý |
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| Net income: |
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Land and resource management |
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$ |
45,443Ìý |
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$ |
18,721Ìý |
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$ |
84,956Ìý |
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$ |
57,839Ìý |
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Water services and operations |
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11,603Ìý |
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8,862Ìý |
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22,142Ìý |
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27,145Ìý |
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| Total consolidated net income |
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$ |
57,046Ìý |
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$ |
27,583Ìý |
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$ |
107,098Ìý |
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$ |
84,984Ìý |
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| Capital expenditures: |
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| Land and resource management |
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$ |
13Ìý |
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$ |
33Ìý |
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$ |
13Ìý |
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$ |
121Ìý |
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| Water services and operations |
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2,161Ìý |
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323Ìý |
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4,899Ìý |
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3,852Ìý |
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| Total capital expenditures |
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$ |
2,174Ìý |
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$ |
356Ìý |
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$ |
4,912Ìý |
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$ |
3,973Ìý |
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| Depreciation, depletion and amortization: |
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Land and resource management |
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$ |
442Ìý |
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$ |
350Ìý |
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$ |
936Ìý |
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$ |
687Ìý |
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Water services and operations |
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3,416Ìý |
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3,328Ìý |
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6,760Ìý |
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6,326Ìý |
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| Total depreciation, depletion and amortization |
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$ |
3,858Ìý |
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$ |
3,678Ìý |
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$ |
7,696Ìý |
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$ |
7,013Ìý |
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| 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 June 30, 2021 and December 31, 2020 (in thousands):
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June 30, 2021 |
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December 31, 2020 |
| Assets: |
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Land and resource management |
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$ |
518,917Ìý |
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$ |
460,053Ìý |
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Water services and operations |
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114,926Ìý |
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|
111,582Ìý |
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| Total consolidated assets |
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$ |
633,843Ìý |
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$ |
571,635Ìý |
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| Property, plant and equipment, net: |
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Land and resource management |
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$ |
3,060Ìý |
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$ |
3,527Ìý |
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Water services and operations |
|
73,857Ìý |
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|
75,740Ìý |
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| Total consolidated property, plant and equipment, net |
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$ |
76,917Ìý |
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$ |
79,267Ìý |
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