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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating expenses:    
Compensation and benefits $ 1,391 $ 1,214
Professional and outside services 2,598 2,628
Property operating and maintenance 60 117
Depreciation 0 48
Insurance 174 159
Other operating 101 140
Total operating expenses 4,324 4,306
Operating income (loss) (4,324) (4,306)
Interest income 5 0
Interest expense (10) (67)
Gain on sale of real estate owned 3,278 0
Impairment of equity investment in 111 West 57th Partners LLC 0 (63,745)
Equity income (loss) - 111 West 57th Partners LLC 0 (25)
Income (loss) before income taxes (1,051) (68,143)
Income tax expense (benefit) (1,386) (20,086)
Net income (loss) $ 335 $ (48,057)
Net income (loss) per common share - basic (in dollars per share) $ 0.01 $ (1.18)
Weighted average common shares outstanding - basic (in shares) 40,738 40,738