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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rental $ 4,506 $ 3,801 $ 8,744 $ 7,791
Total revenue 4,506 3,801 8,744 7,791
Expenses:        
Rental operating expenses 1,503 1,416 3,113 2,950
Real estate taxes and insurance 1,027 443 2,199 1,537
Depreciation and amortization 1,715 1,585 3,318 3,175
Interest expense 429 430 860 860
Total expenses 4,674 3,874 9,490 8,522
Loss before interest income (168) (73) (746) (731)
Interest income 15 8 25 14
Net loss attributable to preferred stockholders $ (153) $ (65) $ (721) $ (717)
Weighted average number of preferred shares outstanding, basic and diluted 2,210 2,210 2,210 2,210
Net loss per preferred share, basic and diluted $ (69) $ (29) $ (326) $ (324)