Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 586	$ 3,303
Real estate owned:
Land	554	554
Buildings	1,900	1,900
Real estate owned, gross	2,454	2,454
Less: accumulated depreciation	774	726
Real estate owned, net	1,680	1,728
Investment in 111 West 57th Partners LLC	63,770	64,345
Other assets	166	258
Total assets	66,202	69,634
Liabilities:
Accounts payable and accrued liabilities	343	556
Other liabilities	0	0
Total liabilities	343	556
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock ($0.01 par value, 85,000 authorized in 2016 and 200,000 authorized in 2015, 46,410 issued and 40,738 outstanding in 2016 and 46,410 issued and 40,738 outstanding in 2015)	464	464
Additional paid-in capital	548,304	548,304
Accumulated deficit	(477,741)	(474,522)
Treasury stock, at cost - 2016 - 5,672 shares and 2015 - 5,672 shares	(5,168)	(5,168)
Total stockholders' equity	65,859	69,078
Total stockholders' equity including non-controlling interest	65,859	69,078
Total liabilities and stockholders' equity	$ 66,202	$ 69,634

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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- Definition

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.