XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (276) $ (67,331)
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities    
Gain on sale of real estate owned (3,278) 0
Depreciation 0 36
Impairment of equity investment in 111 West 57th Partners LLC 0 63,745
Equity (income) loss - 111 West 57th Partners LLC 0 25
Changes in operating assets and liabilities:    
Other assets 35 77
Accounts payable and accrued liabilities (1) 766
Other liabilities 0 0
Net cash provided (used) by operating activities (3,520) (2,682)
Cash flows from investing activities:    
Proceeds from sale of real estate owned, net 4,910 0
Net cash provided (used) by investing activities 4,910 0
Cash flows from financing activities:    
Payoff of loan payable - related party (2,546) 0
Proceeds from loan payable - related party 250 1,650
Proceeds from litigation funding agreement 1,448 500
Net cash provided (used) by financing activities (848) 2,150
Net change in cash and cash equivalents 542 (532)
Cash and cash equivalents at beginning of period 70 586
Cash and cash equivalents at end of period 612 54
Supplemental cash flow disclosure:    
Income taxes paid $ 5 $ 16