CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	10 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss available to common stockholders	$ (6,561)	$ (7,436)
Adjustments to reconcile net loss available to common stockholders to net cash used in operating activities:
Depreciation and amortization	309	457
Amortization of deferred finance costs	63	98
Stock-based compensation expense	1,446	2,782
Deferred rents receivable	(200)	(343)
Reduction of claims liability	(230)	(135)
Equity in net loss from unconsolidated joint venture	0	308
Distribution of cumulative earnings from unconsolidated joint venture	0	39
(Increase) decrease in operating assets:
Restricted cash, net	17,978	(88)
Receivables, net	59	(189)
Prepaid expenses and other assets, net	(517)	(472)
Decrease in operating liabilities:
Accounts payable and accrued expenses	(1,943)	(1,544)
Pension liabilities	(1,241)	(1,388)
Obligation to former Majority Shareholder	0	(6,931)
Other liabilities, primarily lease settlement liabilities	(16,197)	0
Net cash used in operating activities	(7,034)	(14,842)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to real estate	(6,278)	(11,928)
Investment in unconsolidated joint venture	0	(14,286)
Net cash used in investing activities	(6,278)	(26,214)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from loan, net	0	8,647
Settlement of stock awards	(1,943)	(1,966)
Proceeds from sale of common stock, net	29,558	880
Net cash provided by financing activities	27,615	7,561
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	14,303	(33,495)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	23,870	38,173
CASH AND CASH EQUIVALENTS, END OF PERIOD	38,173	4,678
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for: Interest	1,483	2,073
Cash paid during the period for: Taxes	67	38
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Adjustment to retained earnings for capitalized stock-based compensation expense	0	(541)
Accrued development costs included in accounts payable and accrued expenses	1,866	1,195
Capitalized amortization of deferred financing costs	228	345
Stock Compensation Plan [Member]
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Adjustment of liability related to stock-based compensation	5,140	(5,140)
Real Estate [Member]
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Capitalized stock-based compensation expense	$ 3,266	$ 5,024