Long-Term Debt (Tables)

12 Months Ended

24 Months Ended

Dec. 31, 2013

Dec. 31, 2013

Summary Of Long-Term Debt

	2013	2012
Revolving credit facility from Great Western Bank evidenced by a promissory note dated December 9, 2011. The revolving line of credit has a limit of $12.5 million with interest payable monthly. The facility bore interest at 5.95% per annum. On March 26, 2013, the maturity was extended to June 30, 2014, and the interest rate was lowered to 4.95%.	$ 11,037	$ 2,451
Mortgage loan payable to Great Western Bank evidenced by a promissory note dated December 9, 2011, in the amount of $7.5 million. The note bore interest at 6.00% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on the maturity date. On March 26, 2013, the maturity was extended to June 30, 2015, and the interest rate was lowered to 5.00%.	$ 7,074	$ 7,296
Mortgage loan payable to Great Western Bank evidenced by a promissory note dated May 5, 2009, in the amount of $10 million. The note bore interest at 6.00% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on the maturity date. On March 26, 2013, the maturity was extended to June 30, 2015, and the interest rate was lowered to 5.00%.	$1,182	$ 6,786
Mortgage loan payable to Citigroup Global Markets Realty Corp. evidenced by a promissory note dated November 7, 2005, in the amount of $14.8 million. The note bears interest at 5.97% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on November 11, 2015.	$ 12,280	$ 12,667
Mortgage loan payable to GE evidenced by a promissory note dated December 31, 2007, in the amount of $7.9 million. The note bears interest at three-month LIBOR plus 2.00% (reset monthly). Monthly installments of principal and interest are due until February 1, 2018 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 3.74%.	$ 4,321	$ 4,572
Mortgage loan payable to GE evidenced by a promissory note dated August 18, 2006, in the amount of $17.9 million. On May 1, 2008, the Company converted the loan to a fixed rate equal to the seven-year weekly U.S. dollar interest rate swap plus 1.98%. Monthly installments of principal and interest are due until September 1, 2016 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 7.17%.	$ 15,510	$ 15,943
Mortgage loan payable to GE evidenced by a promissory note dated January 5, 2007, in the amount of $15.6 million. On May 1, 2008, the Company converted the loan to a fixed rate equal to the seven-year weekly U.S. dollar interest rate swap plus 1.98%. Monthly installments of principal and interest are due until February 1, 2017 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 7.17%.	$ 11,815	$ 12,261
Mortgage loan payable to GE evidenced by a promissory note dated February 6, 2007, in the amount of $3.4 million. On May 1, 2008, the Company converted the loan to a fixed rate equal to the seven-year weekly U.S. dollar interest rate swap plus 1.98%. Monthly installments of principal and interest are due until March 1, 2017 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 7.17%.	$ 1,819	$ 3,102
Mortgage loan payable to GE evidenced by a promissory note dated May 16, 2007, in the amount of $27.8 million. On May 1, 2008, the Company converted the loan to a fixed rate equal to the seven-year weekly U.S. dollar interest rate swap plus 1.98%. Monthly installments of principal and interest are due until June 1, 2017, when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional0.5%. The rate as of December 31, 2012 was 7.69%. The loan was paid in full in June 2013.	$ 0	$ 9,725
Mortgage loan payable to Wachovia Bank evidenced by a promissory note dated February 4, 1998, in the amount of $2.5 million, assumed by the Company on April 4, 2007 with a remaining principal balance of $2.0 million. The note bears interest at 7.375% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on March 1, 2020. The loan was paid in full in December 2013 with proceeds from the loan from Middle Patent Capital, LLC (see below).	$ 0	$ 1,357
Mortgage loan payable to Wachovia Bank evidenced by a promissory note dated February 4, 1998, in the amount of $2.8 million, assumed by the Company on April 4, 2007 with a remaining principal balance of $2.2 million. The note bears interest at 7.375% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on March 1, 2020. The loan was paid in full in December 2013 with proceeds from the loan from Middle Patent Capital, LLC (see below).	$ 0	$ 1,493
Mortgage loan payable to Wachovia Bank evidenced by a promissory note dated February 4, 1998, in the amount of $4.2 million, assumed by the Company on April 4, 2007 with a remaining principal balance of $3.3 million. The note bears interest at 7.375% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on March 1, 2020. The loan was paid in full in December 2013 with proceeds from the loan from Middle Patent Capital, LLC (see below).	$ 0	$ 2,270
Mortgage loan payable to Wachovia Bank evidenced by a promissory note dated February 4, 1998, in the amount of $5.1 million, assumed by the Company on April 4, 2007 with a remaining principal balance of $4.0 million. The note bears interest at 7.375% per annum. Principal and interest payments are due in monthly installments with the outstanding principal and interest payable in full on March 1, 2020. The loan was paid in full in December 2013 with proceeds from the loan from Middle Patent Capital, LLC (see below).	$ 0	$ 2,771
Mortgage loan payable to GE evidenced by a promissory note dated January 2, 2008, in the amount of $3.4 million. The note bears interest at the 90-day London Interbank Offered Rate plus a margin of 2.00% (reset monthly). Monthly installments of principal and interest are due until February 1, 2018 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 3.74%.	$ 2,934	$ 3,087
Mortgage loan payable to GE evidenced by a promissory note dated January 2, 2008 in the amount of $4.4 million. The note bears interest at the 90-day London Interbank Offered Rate plus a margin of 2.00% (reset monthly). Monthly installments of principal and interest are due until February 1, 2018 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2012 was 3.81%. The note was paid in full in August 2013.	$ 0	$ 3,977
Mortgage loan payable to GE evidenced by a promissory note dated January 31, 2008 in the amount of $2.5 million, dated January 31, 2008. The note bears interest at the 90-day London Interbank Offered Rate plus a margin of 2.56% (reset monthly). Monthly installments of principal and interest are due until February 1, 2018 when the remaining principal balance is due. On March 16, 2009, the note was amended to increase the interest rate by 1.00%. It was further amended on November 9, 2009, to increase the interest rate by an additional 0.5%. The rate as of December 31, 2013 was 4.30%.	$ 2,122	$ 2,235
Mortgage loan payable to Elkhorn Valley Bank evidenced by a promissory note dated June 7, 2011, in the amount of $3.1 million. The note bears interest at 6.25%. Monthly principal and interest payments are due through maturity, with the balance of the loan payable on June 15, 2016. On February 21, 2013, the interest rate was decreased to 5.5%.	$ 2,759	$ 2,923
Mortgage loan payable to Morgan Stanley Mortgage Capital Holdings, LLC evidenced by a promissory note dated November 2, 2012, in the amount of $30.6 million. The note bears interest at 5.83%. Monthly principal and interest payments are due through maturity, with the balance of the loan payable on December 1, 2017.	$ 29,655	$ 30,622
Mortgage loan payable to Elkhorn Valley Bank and Trust evidenced by a promissory note dated October 10, 2012, in the amount of $1.2 million. The note bears interest at 5.5%. Monthly interest payments are due through maturity, with the balance of the loan payable on October 15, 2014. The note was paid in full in February 2013.	$ 0	$ 1,142
Mortgage loan payable to Cantor Commercial Real Estate Lending evidenced by a promissory note dated October 12, 2012, in the amount of $6.2 million. The note bears interest at 4.25%. Monthly principal and interest payments are due through maturity, with the balance of the loan payable on November 6, 2017.	$ 6,041	$ 6,141
Mortgage loan payable to First State Bank evidenced by a promissory note dated January 10, 2013, in the amount of $2.4 million. The note bears interest at 5.5%. Monthly interest payments are due until September 1, 2016, when the remaining principal balance is due.	$ 1,196	$ 0
Mortgage loan payable to Middle Patent Capital, LLC evidenced by a promissory note dated December 6, 2013, in the amount of $8.3 million. The note bears interest at 12.5%. Monthly interest payments are due until June 2015, when the remaining principal balance is due.	$ 8,300	$ 0
Total Debt	$ 118,045	$ 132,821

Aggregate Annual Principal Payments On Debt Associated With Assets Held For Use And Held For Sale

	Held For Sale		Held For Use		TOTAL
2014	$	24,120	$	14,244	$	38,364
2015		0		24,819		24,819
2016		0		4,794		4,794
2017		0		42,975		42,975
2018		0		7,093		7,093
Thereafter		0		0		0
	$	24,120	$	93,925	$	118,045

Great Western Bank [Member]

Debt Instrument Covenant

(Dollars in thousands)	December 31,		December 31,
Great Western Bank Covenants	2013		2013
Consolidated debt service coverage ratio	Requirement		Calculation
calculated as follows: *	≥1.05:1
Adjusted NOI (A) / Debt service (B)
Net loss per financial statements		$	(1,353)
Net adjustments per loan agreement			16,654
Adjusted NOI per loan agreement (A)		$	15,301
Interest expense per financial statements -
continuing operations			6,421
Interest expense per financial statements -
discontinued operations			3,020
Total interest expense per financial statements		$	9,441
Net adjustments per loan agreement			2,067
Debt service per loan agreement (B)		$	11,508
Consolidated debt service coverage ratio			1.33
* Calculations based on prior four quarters

(Dollars in thousands)	December 31,		December 31,
Great Western Bank Covenants	2013		2013
Loan-specific debt service coverage ratio	Requirement		Calculation
calculated as follows: *	≥1.20:1
Adjusted NOI (A) / Debt service (B)
Net loss per financial statements		$	(1,353)
Net adjustments per loan agreement			3,712
Adjusted NOI per loan agreement (A)		$	2,359
Interest expense per financial statements -
continuing operations			6,421
Interest expense per financial statements -
discontinued operations			3,020
Total interest expense per financial statements		$	9,441
Net adjustments per loan agreement			(7,752)
Debt service per loan agreement (B)		$	1,689
Loan-specific debt service coverage ratio			1.40 : 1
* Calculations based on prior four quarters

(Dollars in thousands)	December 31,		December 31,
Great Western Bank Covenants	2013		2013
Consolidated loan to value ratio	Requirement		Calculation
calculated as follows:	70.0%
Loan balance (A) / Value (B)
Loan balance (A)		$	118,045
Value (B)		$	208,804
Consolidated loan to value ratio			56.5	%

(Dollars in thousands)	December 31,		December 31,
Great Western Bank Covenants	2013		2013
Loan-specific loan to value ratio	Requirement		Calculation
calculated as follows:	70.0%
Loan balance (A) / Value (B)
Loan balance (A)		$	19,292
Value (B)		$	33,635
Loan-specific loan to value ratio			57.4	%

(Dollars in thousands)	December 31,		December 31,
Great Western Bank Covenants	2013		2013
Consolidated leverage ratio	Requirement		Calculation
calculated as follows:	≤ 4.25
Total liabilities (A) / Tangible net worth (B)
Total liabilities per financial statements
and loan agreement (A)		$	131,697
Total assets per financial statements			172,085
Total liabilities per financial statements			131,697
Tangible net worth per loan agreement (B)		$	40,388
Consolidated Leverage Ratio			3.26

GE [Member]

Debt Instrument Covenant

(Dollars in thousands)	December 31,		December 31,
GE Covenants	2013		2013
Loan-specific fixed charge coverage ratio	Requirement		Calculation
calculated as follows: *	≥ 1.30:1
Adjusted EBITDA (A) / Fixed charges (B)
Net loss per financial statements		$	(1,353)
Net adjustments per loan agreement			6,712
Adjusted EBITDA per loan agreement (A)		$	5,359
Interest expense per financial statements -
continuing operations			6,421
Interest expense per financial statements -
discontinued operations			3,020
Total interest expense per financial statements		$	9,441
Net adjustments per loan agreement			(5,334)
Fixed charges per loan agreement (B)		$	4,107
Loan-specific fixed charge coverage ratio			1.30 : 1
* Calculations based on prior four quarters

(Dollars in thousands)	December 31,		December 31,
GE Covenants	2013		2013
Loan-specific loan to value ratio	Requirement		Calculation
calculated as follows:	≤ 72.2%
Loan balance (A) / Value (B)
Loan balance (A)		$	38,521
Value (B)		$	55,120
Loan-specific loan to value ratio			69.9	%

(Dollars in thousands)	December 31,		December 31,
GE Covenants	2013		2013
Before dividend consolidated fixed charge	Requirement		Calculation
coverage ratio calculated as follows: *	≥ 1.20:1
Adjusted EBITDA (A) / Fixed charges (B)
Net loss per financial statements		$	(1,353)
Net adjustments per loan agreement			12,398
Adjusted EBITDA per loan agreement (A)		$	11,045
Interest expense per financial statements -
continuing operations			6,421
Interest expense per financial statements -
discontinued operations			3,020
Total interest expense per financial statements		$	9,441
Net adjustments per loan agreement			1,447
Fixed charges per loan agreement (B)		$	10,888
Before dividend consolidated fixed charge coverage ratio			1.01:1
* Calculations based on prior four quarters

(Dollars in thousands)	December 31,		December 31,
GE Covenants	2013		2013
After dividend consolidated fixed charge	Requirement		Calculation
coverage ratio calculated as follows: *	≥ 1.00:1
Adjusted EBITDA (A) / Fixed charges (B)
Net loss per financial statements		$	(1,353)
Net adjustments per loan agreement			12,398
Adjusted EBITDA per loan agreement (A)		$	11,045
Interest expense per financial statements -
continuing operations			6,421
Interest expense per financial statements -
discontinued operations			3,020
Total interest expense per financial statements		$	9,441
Net adjustments per loan agreement			4,796
Fixed charges per loan agreement (B)		$	14,237
After dividend consolidated fixed charge coverage ratio			0.78:1
* Calculations based on prior four quarters