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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Rental income $ 3,681 $ 3,702 $ 10,944 $ 10,970
Tenant recovery income 283 328 950 1,077
Total revenues 3,964 4,030 11,894 12,047
Expenses:        
Property operating expenses 1,260 1,223 3,523 3,654
Real estate taxes 289 230 1,024 789
General and administrative costs 692 1,084 2,281 3,300
Depreciation and amortization 1,241 1,300 3,822 3,987
Total operating expenses 3,482 3,837 10,650 11,730
Operating income 482 193 1,244 317
Gain on disposition of real estate 1,013   1,013 7,137
Interest and dividend income 4,115 4,589 11,850 14,321
Interest expense (441) (1,236) (1,128) (4,322)
Other income, net 193 115 306 191
Unrealized (loss)/gain on marketable equity securities (582) 1,436 (2,247) 1,096
Loss on sale and redemption of marketable securities (94) (3) (719) (81)
Net income from continuing operations 4,686 5,094 10,319 11,522
Net (loss)/income from discontinued operations   (605) 13,481 5,085
Net income 4,686 4,489 23,800 16,607
Less: net income attributable to noncontrolling interests (809) (465) (1,968) (1,108)
Net income attributable to Company's common shares $ 3,877 $ 4,024 $ 21,832 $ 15,499
Basic and diluted net (loss)/income per Company's common share:        
Continuing operations $ 0.17 $ 0.19 $ 0.36 $ 0.42
Discontinued operations   (0.02) 0.58 0.21
Net income per Company's common share, basic and diluted $ 0.17 $ 0.17 $ 0.94 $ 0.63
Weighted average number of common shares outstanding, basic and diluted 22,859 24,299 23,168 24,575