Maui Land & Pineapple Company, Inc. develops, sells, and manages residential, resort, commercial and industrial real estate. The Company owns approximately 23,300 acres of land on Maui. The Company operates in four segments: Real Estate, Leasing, Utilities and Resort Amenities. The Company's real estate operations consist of land planning and entitlement, development and sales. Its leasing activities include commercial, industrial and agricultural land and facilities leases, licensing of the Company's trademarks and trade names, and stewardship and conservation efforts. It operates two publicly regulated utility companies, which provide potable and non-potable waters and sewage transmission services to the Kapalua Resort. Within the Kapalua Resort, it manages a full-service spa, a beach club, and a private clubs membership program. In January 2012, the Company sold 89 acres comprising a portion of its former agricultural land in Upcountry Maui.