菜創郭肱利 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, 2019

Segment Reporting [Abstract]

油

Schedule of Segment Financial Results

Segment financial results were as follows for the three months ended March油31, 2019 and 2018 (in thousands):



油	油	Three Months Ended March 31,
油	油	2019		油	2018
Revenues:	油	油		油	油
Land and resource management	油	$	160,459	油	$	42,753
Water service and operations	油	30,865		油	17,254
Total consolidated revenues	油	$	191,324	油	$	60,007
油	油	油		油	油
Net income:	油	油		油	油
Land and resource management	油	$	123,117	油	$	32,811
Water service and operations	油	16,881		油	10,980
Total consolidated net income	油	$	139,998	油	$	43,791
油	油	油		油	油
Capital expenditures	油	油		油	油
Land and resource management	油	$	534	油	$	1,252
Water service and operations	油	8,713		油	10,589
Total capital expenditures	油	$	9,247	油	$	11,841
油	油	油		油	油
Depreciation and amortization:	油	油		油	油
Land and resource management	油	$	177	油	$	70
Water service and operations	油	1,027		油	260
Total depreciation and amortization	油	$	1,204	油	$	330
油	油	油		油	油

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油31, 2019 and December油31, 2018 (in thousands):



油	油	March油31, 2019		油	December油31, 2018
Assets:	油	油		油	油
Land and resource management	油	$	297,450	油	$	198,922
Water service and operations	油	107,456		油	86,153
Total consolidated assets	油	$	404,906	油	$	285,075
油	油	油		油	油
Property, plant and equipment, net	油	油		油	油
Land and resource management	油	$	4,052	油	$	3,720
Water service and operations	油	68,769		油	61,082
Total consolidated property, plant and equipment, net	油	$	72,821	油	$	64,802
油	油	油		油	油