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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 11,547 $ 12,550
Real estate and tangible water assets, net 42,428 44,298
Intangible assets 122,816 121,917
Right of use assets, net 256  
Other assets 761 1,446
Total assets 177,808 180,211
Liabilities and equity    
Lease liabilities 256  
Other liabilities 1,705 3,448
Accounts payable and accrued expenses 295 139
Total liabilities 2,256 3,587
Commitments and contingencies
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued
Common stock, $0.001 par value; authorized 100,000 shares, 19,968 issued and 19,961 outstanding at September 30, 2019, and 20,848 issued and 20,726 outstanding at December 31, 2018 20 21
Additional paid-in capital 344,193 353,250
Accumulated deficit (168,591) (175,536)
Treasury stock, at cost (common shares: 7 at September 30, 2019 and 121 at December 31, 2018) (70) (1,111)
Total shareholders’ equity 175,552 176,624
Total liabilities and shareholders’ equity $ 177,808 $ 180,211