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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating expenses:        
Compensation and benefits $ 321 $ 309 $ 1,002 $ 964
Professional and outside services 79 128 472 333
Property operating and maintenance 40 22 91 66
Depreciation 12 12 36 36
Insurance 11 20 30 38
Other operating 88 42 242 92
Total operating expenses 551 533 1,873 1,529
Operating income (loss) (551) (533) (1,873) (1,529)
Interest income 4 1 44 5
Realized gains (losses) on sales of investment securities 3 6 9 31
Unrealized gains (losses) on trading securities (2) 6 (2) 0
Other income - federal tax gross up 0 0 0 0
Other income 0 0 0 17
Equity income (loss) - 111 West 57th Partners LLC (286) 0 (298) 0
Income (loss) before income taxes (832) (520) (2,120) (1,476)
Income tax expense (benefit) 666 11 1,478 33
Net income (loss) $ (1,498) $ (531) $ (3,598) $ (1,509)
Net income (loss) per common share - basic (in dollars per share) $ (0.04) $ (0.01) $ (0.08) $ (0.03)
Net income (loss) per common share - assuming dilution (in dollars per share) $ (0.04) $ (0.01) $ (0.08) $ (0.03)
Weighted average common shares outstanding - basic (in shares) 41,926 43,174 42,598 43,108
Weighted average common shares outstanding - assuming dilution (in shares) 41,926 43,174 42,598 43,108