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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating expenses:        
Compensation and benefits $ 444 $ 338 $ 971 $ 681
Professional and outside services 109 177 173 393
Property operating and maintenance 29 25 67 51
Depreciation 12 12 24 24
Insurance 16 11 25 19
Other operating 69 87 142 154
Total operating expenses 679 650 1,402 1,322
Operating income (loss) (679) (650) (1,402) (1,322)
Interest income 2 23 8 40
Realized gains (losses) on sales of investment securities 8 4 20 6
Unrealized gains (losses) on trading securities 0 0 0 0
Other income - federal tax gross up 0 0 0 0
Other income 0 0 0 0
Equity income (loss) - 111 West 57th Partners LLC (773) (12) (1,373) (12)
Income (loss) before income taxes (1,442) (635) (2,747) (1,288)
Income tax expense (benefit) 655 748 1,305 812
Net income (loss) $ (2,097) $ (1,383) $ (4,052) $ (2,100)
Net income (loss) per common share - basic (in dollars per share) $ (0.05) $ (0.03) $ (0.10) $ (0.05)
Net income (loss) per common share - assuming dilution (in dollars per share) $ (0.05) $ (0.03) $ (0.10) $ (0.05)
Weighted average common shares outstanding - basic (in shares) 40,754 42,664 40,847 42,933
Weighted average common shares outstanding - assuming dilution (in shares) 40,754 42,664 40,847 42,933