NOTE 22. BUSINESS SEGMENT DATA  The Company operates in four primary business segments: income properties, management services, commercial loan and master lease investments, and real estate operations. The management services segment consists of the revenue generated from managing PINE and the Land JV. The management services segment had no assets as of September 30, 2020 and December 31, 2019, and therefore there are no related capital expenditures or depreciation and amortization for the periods presented. The real estate operations segment previously included land sales from the Daytona Beach land portfolio as well as revenue and expenses related to the sale of mitigation credits and subsurface operations. Upon the completion of the Land JV transaction in the fourth quarter of 2019, the real estate operations related to land sales have been classified as discontinued operations in the accompanying consolidated statements of operations for the three and nine months ended September 30, 2019 and the real estate operations segment remaining consists of subsurface operations and mitigation credit sales. The identifiable assets and liabilities related to the discontinued real estate operations have been separately disclosed as discontinued real estate operations for the periods presented. Our income property operations consist primarily of income-producing properties, and our business plan is focused on investing in additional income-producing properties. Our income property operations accounted for 82.8% and 66.0% of our identifiable assets as of September 30, 2020 and December 31, 2019, respectively, and 87.6% and 95.1% of our consolidated revenues for the nine months ended September 30, 2020 and 2019, respectively. Our management fee income consists of the management fees earned for the management of PINE and the Land JV. As of September 30, 2020, our commercial loan and master lease investments portfolio consisted of one commercial loan investment and two commercial properties whose leases are classified as commercial loan and master lease investments. Our continuing real estate operations primarily consist of revenues generated from leasing and royalty income from our interests in subsurface oil, gas and mineral rights, and the sale of mitigation credits.  The Company evaluates performance based on profit or loss from operations before income taxes. The Companys reportable segments are strategic business units that offer different products. They are managed separately because each segment requires different management techniques, knowledge, and skills.  Information about the Companys operations in different segments for the three and nine months ended September 30, 2020 and 2019 is as follows:                 Three Months Ended  Nine Months Ended  September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Revenues:             Income Properties  $ 12,933,029  $ 10,260,831  $ 35,409,172  $ 31,360,544 Management Services   682,153      2,079,805    Commercial Loan and Master Lease Investments   413,092   855,559   2,300,331   908,324 Real Estate Operations   543,700   213,589   630,841   709,261 Total Revenues  $ 14,571,974  $ 11,329,979  $ 40,420,149  $ 32,978,129 Operating Income:             Income Properties  $ 9,340,154  $ 8,784,543  $ 27,134,740  $ 26,317,048 Management Services   682,153      2,079,805    Commercial Loan and Master Lease Investments   413,092   855,559   2,300,331   908,324 Real Estate Operations   (1,137,883)   205,105   (2,631,743)   614,481 General and Corporate Expense   (8,103,039)   (6,547,564)   (24,843,608)   (18,589,234) Gain on Disposition of Assets   289,736   2,187,332   7,365,594   20,869,196 Gain on Extinguishment of Debt         1,141,481    Total Operating Income  $ 1,484,213  $ 5,484,975  $ 12,546,600  $ 30,119,815 Depreciation and Amortization:             Income Properties  $ 4,751,289  $ 4,281,286  $ 14,314,300  $ 11,690,110 Corporate and Other   10,768   5,550   21,415   17,600 Total Depreciation and Amortization  $ 4,762,057  $ 4,286,836  $ 14,335,715  $ 11,707,710 Capital Expenditures:             Income Properties  $ 48,189,074  $ 50,099,717  $ 186,430,666  $ 91,130,209 Commercial Loan and Master Lease Investments      8,167,500   6,754,375   16,007,500 Discontinued Real Estate Operations      694,310      2,593,803 Corporate and Other   4,040      16,357   2,061 Total Capital Expenditures  $ 48,193,114  $ 58,961,527  $ 193,201,398  $ 109,733,573  Identifiable assets of each segment as of September 30, 2020 and December 31, 2019 are as follows:           As of  September 30, 2020 December 31, 2019 Identifiable Assets:       Income Properties  $ 567,604,674  $ 464,285,272 Commercial Loan and Master Lease Investments   39,685,650   35,742,218 Real Estate Operations   66,806,074   65,554,619 Discontinued Land Operations   833,167   833,167 Corporate and Other   10,502,396   136,870,927 Total Assets  $ 685,431,961  $ 703,286,203   Operating income represents income from continuing operations before loss on early extinguishment of debt, interest expense, investment income, and income taxes. General and corporate expenses are an aggregate of general and administrative expenses, impairment charges, depreciation and amortization expense, and gains on the disposition of assets. Identifiable assets by segment are those assets that are used in the Companys operations in each segment. Real Estate Operations includes the identifiable assets of the Mitigation Bank JV and Land JV. Corporate and other assets consist primarily of cash, property, plant, and equipment related to the other operations, as well as the general and corporate operations.  The Management Services segment had no capital expenditures and held no assets as of September 30, 2020 or December 31, 2019.