XML 23 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2016
Jun. 30, 2017
Revenues        
Rental revenue $ 21,230     $ 22,128
Tenant reimbursement income 2,206     2,273
Hotel revenue 3,748     5,174
Other revenue 1,155     1,208
Total revenues 28,339     30,783
Expenses        
Rental property operating 9,389     9,694
Hotel operating 2,109     2,949
General and administrative 1,567     4,253
Performance participation allocation 5,241     5,241
Depreciation and amortization 23,696   $ 0 24,786
Total expenses 42,002     46,923
Other income (expense)        
Income from real estate-related securities 2,543     3,409
Interest income 117     382
Interest expense (5,541)     (5,547)
Other expenses (28)     (28)
Total other (expense) income (2,909)     (1,784)
Net loss before income tax (16,572)     (17,924)
Income tax expense (129)     (44)
Net loss $ (16,701)   $ 0 $ (17,968)
Net loss per share of common stock — basic and diluted $ (0.22)     $ (0.31)
Weighted-average shares of common stock outstanding, basic and diluted 76,595,994 20,000 20,000 57,060,077