XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating expenses:    
Compensation and benefits $ 524 $ 324
Professional and outside services 818 904
Property operating and maintenance 32 33
Depreciation 0 12
Insurance 62 36
Other operating 27 35
Total operating expenses 1,463 1,344
Operating income (loss) (1,463) (1,344)
Interest income 1 0
Interest expense (10) (5)
Gain on sale of real estate owned 3,278 0
Equity income (loss) - 111 West 57th Partners LLC 0 (18)
Income (loss) before income taxes 1,806 (1,367)
Income tax expense (benefit) 2 3
Net income (loss) $ 1,804 $ (1,370)
Net income (loss) per common share - basic (in dollars per share) $ 0.04 $ (0.03)
Weighted average common shares outstanding - basic (in shares) 40,738 40,738