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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 237,000 $ 70,000
Real estate owned:    
Land 0 554,000
Buildings 0 1,900,000
Real estate owned, gross 0 2,454,000
Less: accumulated depreciation 0 822,000
Real estate owned, net 0 1,632,000
Federal income tax receivable 10,742,000 0
Deferred tax asset 10,741,000 20,092,000
Other assets 33,000 84,000
Total assets 21,753,000 21,878,000
Liabilities:    
Accounts payable and accrued liabilities 414,000 426,000
Loan payable - related party 0 2,296,000
Other liabilities 0 0
Total liabilities 414,000 2,722,000
Litigation funding agreement (Note 9) 3,202,000 1,354,000
Commitments and contingencies (Note 7)
Stockholders' Equity:    
Common stock ($0.01 par value, 85,000 authorized in 2018 and 85,000 authorized in 2017, 46,410 issued and 40,738 outstanding in 2018 and 46,410 issued and 40,738 outstanding in 2017) 464,000 464,000
Additional paid-in capital 548,304,000 548,304,000
Accumulated deficit (525,463,000) (525,798,000)
Treasury stock, at cost - 2018 - 5,672 shares; and 2017 - 5,672 shares (5,168,000) (5,168,000)
Total stockholders' equity 18,137,000 17,802,000
Total liabilities and stockholders' equity $ 21,753,000 $ 21,878,000