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Unaudited Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUE:        
Mortgage Loan Income, Net $ 201   $ 585  
Rental Income 394   1,205  
Hospitality and entertainment income 5,266   9,860  
Investment and Other Income 866   2,030  
Total Revenue 6,727   13,680  
COSTS AND EXPENSES:        
Operating property direct expenses 4,575   8,570  
Real estate tax expense 284   998  
Other Operating Expenses for Real Estate Owned 259   647  
Professional Fees 2,173   5,968  
General and administrative expense 1,500   4,234  
Interest Expense 5,224   13,913  
Depreciation and Amortization Expense 987   2,062  
Gain on Disposal of Assets (252)   (953)  
Settlement and Related Costs 840   1,962  
Total Operating Expenses 15,590   37,401  
Recovery of Credit Losses (679)   (8,250)  
Total Provision and Impairment Charges (679)   (8,250)  
Total Costs and Expenses 14,911   29,151  
Loss before Income Taxes (8,184)   (15,471)  
Provision for Income Taxes 0 0 0 0
NET LOSS (8,184) (8,182) (15,471) (22,225)
Basic and diluted loss per common share        
Net Loss per Share (in dollars per share) $ (0.49)   $ (0.92)  
Weighted Average Common Shares Outstanding (in shares) 16,873,880   16,873,880  
As Restated [Member]
       
REVENUE:        
Mortgage Loan Income, Net   251   849
Rental Income   365   1,188
Hospitality and entertainment income   320   1,308
Investment and Other Income   122   301
Total Revenue   1,058   3,646
COSTS AND EXPENSES:        
Operating property direct expenses   915   2,417
Real estate tax expense   617   1,488
Other Operating Expenses for Real Estate Owned   806   1,373
Professional Fees   1,801   3,876
General and administrative expense   1,505   4,845
Interest Expense   3,655   10,850
Depreciation and Amortization Expense   490   2,076
Gain on Disposal of Assets   (368)   (591)
Settlement and Related Costs   849   1,466
Total Operating Expenses   10,270   27,800
Recovery of Credit Losses   (1,030)   (1,929)
Total Provision and Impairment Charges   (1,030)   (1,929)
Total Costs and Expenses   9,240   25,871
Loss before Income Taxes   (8,182)   (22,225)
NET LOSS   $ (8,182)   $ (22,225)
Basic and diluted loss per common share        
Net Loss per Share (in dollars per share)   $ (0.48)   $ (1.32)
Weighted Average Common Shares Outstanding (in shares)   16,873,880   16,873,880