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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Rental $ 4,584 $ 3,973 $ 13,328 $ 11,764
Total revenue 4,584 3,973 13,328 11,764
Expenses:        
Rental operating expenses 1,627 1,468 4,740 4,418
Real estate taxes and insurance 1,100 1,055 3,299 2,592
Depreciation and amortization 1,694 1,597 5,012 4,772
Interest expense 431 430 1,291 1,290
Total expenses 4,852 4,550 14,342 13,072
Loss before interest income (268) (577) (1,014) (1,308)
Interest income 11 8 36 22
Net loss attributable to preferred stockholders $ (257) $ (569) $ (978) $ (1,286)
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 $ (116) $ (257) $ (443) $ (582)