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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating expenses:        
Compensation and benefits $ 328 $ 287 $ 2,380 $ 1,117
Professional and outside services 612 506 1,484 2,164
Property operating and maintenance 5 8 14 54
Insurance 49 50 138 131
Other operating 41 27 74 77
Total operating expenses 1,035 878 4,090 3,543
Operating income (loss) (1,035) (878) (4,090) (3,543)
Interest income 10 1 29 5
Interest expense 0 0 0 (10)
Gain on sale of real estate owned 0 0 0 3,278
Income (loss) before income taxes (1,025) (877) (4,061) (270)
Income tax expense (benefit) 0 2 (29) 6
Net income (loss) $ (1,025) $ (879) $ (4,032) $ (276)
Net income (loss) per common share - basic (in dollars per share) $ (0.03) $ (0.02) $ (0.10) $ (0.01)
Weighted average common shares outstanding - basic (in shares) 40,738 40,738 40,738 40,738