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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating expenses:        
Compensation and benefits $ 278 $ 356 $ 602 $ 830
Professional and outside services 624 193 1,528 302
Property operating and maintenance 38 29 71 62
Depreciation 12 12 24 24
Insurance 49 45 85 81
Other operating 48 41 83 94
Total operating expenses 1,049 676 2,393 1,393
Operating income (loss) (1,049) (676) (2,393) (1,393)
Interest income 0 0 0 0
Interest expense (13) 0 (18) 0
Equity income (loss) - 111 West 57th Partners LLC (7) (108) (25) (500)
Income (loss) before income taxes (1,069) (784) (2,436) (1,893)
Income tax expense (benefit) 3 35 6 70
Net income (loss) $ (1,072) $ (819) $ (2,442) $ (1,963)
Net income (loss) per common share - basic (in dollars per share) $ (0.03) $ (0.02) $ (0.06) $ (0.05)
Net income (loss) per common share - assuming dilution (in dollars per share) $ (0.03) $ (0.02) $ (0.06) $ (0.05)
Weighted average common shares outstanding - basic (in shares) 40,738 40,738 40,738 40,738
Weighted average common shares outstanding - assuming dilution (in shares) 40,738 40,738 40,738 40,738