XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating expenses:        
Compensation and benefits $ 1,709 $ 306 $ 2,052 $ 830
Professional and outside services 396 840 872 1,658
Property operating and maintenance 1 14 9 46
Insurance 43 19 89 81
Other operating 18 23 33 50
Total operating expenses 2,167 1,202 3,055 2,665
Operating income (loss) (2,167) (1,202) (3,055) (2,665)
Interest income 19 3 19 4
Interest expense 0 0 0 (10)
Gain on sale of real estate owned 0 0 0 3,278
Income (loss) before income taxes (2,148) (1,199) (3,036) 607
Income tax expense (benefit) 1 2 (29) 4
Net income (loss) $ (2,149) $ (1,201) $ (3,007) $ 603
Net income (loss) per common share - basic (in dollars per share) $ (0.05) $ (0.03) $ (0.07) $ 0.01
Weighted average common shares outstanding - basic (in shares) 40,738 40,738 40,738 40,738