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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Office revenues $ 6,935 $ 7,194 $ 14,031 $ 14,311
Dividend income from real estate equity securities 151 105 290 209
Total revenues 11,710 19,336 25,081 34,532
Expenses:        
Office expenses 3,237 3,427 6,611 6,824
Asset management fees to affiliate 1,053 1,062 2,096 2,111
General and administrative expenses 1,434 768 3,079 1,475
Depreciation and amortization 4,909 5,107 9,805 10,181
Interest expense 3,738 5,027 7,864 9,988
Total expenses 17,873 22,410 38,425 43,670
Other (loss) income:        
Other interest income 1 48 34 112
Equity in income of unconsolidated entity 0 0 0 2,800
Other income 26 0 26 0
(Loss) gain on real estate equity securities (728) 221 (4,618) 1,335
Total other (loss) income (701) 269 (4,558) 4,247
Net loss (6,864) (2,805) (17,902) (4,891)
Net loss attributable to noncontrolling interests 523 220 1,091 771
Net loss attributable to common stockholders (6,341) (2,585) (16,811) (4,120)
Class A        
Other (loss) income:        
Net loss attributable to common stockholders $ (3,763) $ (1,537) $ (9,978) $ (2,451)
Net loss per common share, basic and diluted (in dollars per share) $ (0.21) $ (0.09) $ (0.56) $ (0.14)
Weighted-average number of common shares outstanding, basic and diluted (in shares) 17,842,289 17,930,156 17,860,958 17,955,331
Class T        
Other (loss) income:        
Net loss attributable to common stockholders $ (2,578) $ (1,048) $ (6,833) $ (1,669)
Net loss per common share, basic and diluted (in dollars per share) $ (0.21) $ (0.09) $ (0.56) $ (0.14)
Weighted-average number of common shares outstanding, basic and diluted (in shares) 12,222,534 12,230,499 12,231,843 12,221,952
Hotel        
Revenues:        
Revenue $ 2,608 $ 10,067 $ 6,687 $ 16,047
Expenses:        
Expenses 2,728 6,136 7,386 11,311
Apartment        
Revenues:        
Revenue 2,016 1,970 4,073 3,965
Expenses:        
Expenses $ 774 $ 883 $ 1,584 $ 1,780