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Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summary of the unaudited quarterly financial information
Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2015 and 2014 (in thousands, except per share amounts):
 
2015 Quarters Ended
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Revenue
$
12,025

 
$
15,081

 
$
14,863

 
$
13,422

 
Loss from continuing operations
(4,392
)
 
(2,934
)
 
(16,547
)
 
(1,701
)
(1)
Gain on sale of real estate

 

 

 

 
Add: Net loss attributable to the noncontrolling interest
97

 
92

 
84

 
113

 
Net loss attributable to common stockholders
(4,295
)
 
(2,842
)
 
(16,463
)
 
(1,588
)
 
Basic and diluted weighted average shares outstanding
56,500

 
56,500

 
56,500

 
56,500

 
Basic and diluted loss per share
$
(0.08
)
 
$
(0.05
)
 
$
(0.29
)
 
$
(0.03
)
 
__________________________
(1)
We recorded the following non-cash impairment charges during the year ended December 31, 2015: (i) a $0.7 million impairment for our one remaining condominium unit at Chase - The Private Residences, and (ii) a total of $11.6 million was recorded during 2015 for non-cash impairment charges which consisted of $6.8 million for our Frisco Square land, $2.1 million for Northborough Tower and $2.7 million for Northpoint Central. See Note 4, Assets and Liabilities Measured at Fair Value - Nonrecurring Fair Value Measurements, for additional information.
 
2014 Quarters Ended
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Revenue
$
12,418

 
$
15,009

 
$
14,838

 
$
13,222

 
Loss from continuing operations
(4,270
)
 
(2,907
)
 
(3,546
)
 
(13,697
)
(1)
Gain on sale of real estate

 
476

 
 

 
Add: Net loss attributable to the noncontrolling interest
97

 
104

 
104

 
109

 
Net loss attributable to common stockholders
(4,173
)
 
(2,327
)
 
(3,442
)
 
(13,588
)
 
Basic and diluted weighted average shares outstanding
56,500

 
56,500

 
56,500

 
56,500

 
Basic and diluted loss per share
$
(0.08
)
 
$
(0.04
)
 
$
(0.06
)
 
$
(0.24
)