| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Sep-30-16 | Sep-30-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Stabilized Joint Venture | 21.4 | 17.6 | 10.2 | | 10.4 | 4.8 | | |
| Mining Royalty Lands | | | | | 8.1 | 7.2 | 7.5 | 6.1 |
| Asset Management | 3.7 | 2.6 | 2.7 | | 2.3 | 2.3 | 28.7 | 27.6 |
| Development | 1.7 | 1.6 | 1.2 | | 1.2 | 1.2 | | |
| Other | 10.7 | 9.5 | 9.5 | | | | 1.2 | 1.0 |
| Total revenues [+] | 37.5 | 31.2 | 23.6 | 23.8 | 22.0 | 15.6 | 37.5 | 34.6 |
| Tenant reimbursements | | | | | | | 5.6 | 5.2 |
| Mineral sales | | | | | | | 7.4 | 6.0 |
| Lease / rental | 26.8 | 21.8 | 14.1 | 14.3 | 13.9 | 8.4 | 24.5 | 23.4 |
| Revenue growth [+] | 20.1% | 32.4% | -0.7% | 7.9% | 41.1% | | 8.1% | 11.8% |
| Stabilized Joint Venture | 21.7% | 72.6% | | | 113.9% | | | |
| Mining Royalty Lands | | | | | 12.4% | | 23.6% | 13.9% |
| Asset Management | 43.0% | -6.3% | | | 1.1% | | 4.2% | 11.1% |
| Development | 7.1% | 35.7% | | | -2.0% | | | |
| Cost of goods sold [+] | 11.2 | 10.0 | 6.2 | 7.1 | 2.6 | 2.0 | 7.6 | 4.4 |
| Cost of services | | | | | | | 3.1 | |
| Maintenance and operations costs | 7.1 | 6.2 | 3.3 | 4.1 | | | | |
| Real estate taxes and insurance | 4.1 | 3.8 | 2.8 | 2.9 | | | 4.5 | 4.4 |
| Gross profit | 26.3 | 21.3 | 17.4 | 16.7 | 19.4 | 13.6 | 29.9 | 30.3 |
| Gross margin | 70.1% | 68.1% | 73.9% | 70.2% | 88.1% | 87.1% | 79.8% | 87.3% |
| Selling, general and administrative [+] | 3.7 | 3.1 | 3.5 | 2.6 | 8.2 | 5.3 | 3.1 | 4.4 |
| Sales and marketing | | | | | 4.3 | 2.1 | | |
| General and administrative | 3.7 | 3.1 | 3.5 | 2.6 | 4.0 | 3.2 | 3.1 | 4.4 |
| Equity in earnings | -5.7 | -5.8 | -5.7 | -2.0 | -0.1 | -1.6 | -1.0 | -0.1 |
| Other operating expenses | 14.6 | 15.9 | 8.8 | 8.4 | 9.2 | 7.2 | 10.4 | 13.7 |
| EBITDA [+] | 13.7 | 9.5 | 5.5 | 10.0 | 10.1 | 5.4 | 23.7 | 19.6 |
| EBITDA growth | 45.1% | 72.3% | -44.8% | -1.2% | 86.0% | | 21.1% | 64.4% |
| EBITDA margin | 36.7% | 30.3% | 23.3% | 41.9% | 45.8% | 34.7% | 63.3% | 56.5% |
| Depreciation and amortization | 11.5 | 12.9 | 6.1 | 6.2 | 8.2 | 6.0 | 8.3 | 7.5 |
| EBIT [+] | 2.3 | -3.5 | -0.6 | 3.8 | 1.9 | -0.6 | 15.4 | 12.0 |
| EBIT growth | -165.4% | 525.9% | -114.6% | 102.9% | -436.4% | | 28.0% | 138.1% |
| EBIT margin | 6.1% | -11.1% | -2.4% | 16.0% | 8.5% | -3.6% | 41.1% | 34.7% |
| Interest income, net [+] | 2.4 | 1.9 | 6.3 | 7.3 | -0.4 | -2.7 | -1.6 | -2.0 |
| Interest expense | 3.0 | 2.3 | 1.1 | 1.1 | 3.1 | 2.7 | 1.6 | 2.0 |
| Interest income | 5.5 | 4.2 | 7.4 | 8.4 | 2.7 | | | |
| Other income (expense), net [+] | 0.9 | 51.9 | 9.2 | 0.7 | 0.0 | 60.2 | 6.0 | 0.0 |
| Gain (loss) on sale of assets | 0.9 | 0.8 | 9.2 | 0.7 | 0.0 | | 6.0 | 0.0 |
| Environmental remediation expense | | | | | -0.5 | | -1.0 | |
| Extraordinary gain | | 51.1 | | | | 60.2 | | |
| Pre-tax income | 5.6 | 50.4 | 14.9 | 11.8 | 1.5 | 56.9 | 19.9 | 10.0 |
| Income taxes | 1.5 | 10.3 | 3.2 | 3.0 | 0.5 | 7.4 | 7.9 | 3.9 |
| Tax rate | 27.4% | 20.4% | 21.5% | 25.1% | 35.3% | 12.9% | 39.5% | 39.0% |
| Minority interest | -0.5 | 11.9 | -1.0 | -0.5 | -1.4 | 18.8 | | |
| Earnings from continuing ops | 4.6 | 28.2 | 12.7 | 9.3 | 2.3 | 49.5 | 12.0 | 6.1 |
| Earnings from discontinued ops | | | | 6.9 | 122.1 | 11.0 | | 2.2 |
| Net income | 4.6 | 28.2 | 12.7 | 16.2 | 124.5 | 41.8 | 12.0 | 8.3 |
| Net margin | 12.2% | 90.4% | 53.9% | 68.1% | 565.2% | 267.6% | 32.1% | 23.9% |
| |
| Basic EPS [+] | $0.49 | $3.02 | $1.33 | $0.94 | $0.23 | $4.97 | $1.22 | $0.62 |
| Growth | -83.9% | 127.2% | 40.7% | 304.1% | -95.3% | | 95.5% | 16.0% |
| Diluted EPS [+] | $0.48 | $3.00 | $1.32 | $0.94 | $0.23 | $4.94 | $1.22 | $0.62 |
| Growth | -83.9% | 126.9% | 40.9% | 305.0% | -95.3% | | 96.1% | 16.1% |
| |
| |
| Shares outstanding (basic) [+] | 9.4 | 9.4 | 9.6 | 9.9 | 10.0 | 10.0 | 9.8 | 9.8 |
| Growth | 0.3% | -2.3% | -3.1% | -1.6% | 0.7% | | 0.9% | 1.3% |
| Shares outstanding (diluted) [+] | 9.4 | 9.4 | 9.6 | 9.9 | 10.1 | 10.0 | 9.9 | 9.8 |
| Growth | 0.4% | -2.2% | -3.2% | -1.8% | 0.6% | | 0.6% | 1.2% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |