Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 2,388	$ 3,303
Real estate owned:
Land	554	554
Buildings	1,900	1,900
Real estate owned, gross	2,454	2,454
Less: accumulated depreciation	738	726
Real estate owned, net	1,716	1,728
Investment in 111 West 57th Partners LLC	63,953	64,345
Other assets	238	258
Total assets	68,295	69,634
Liabilities:
Accounts payable and accrued liabilities	361	556
Other liabilities	0	0
Total liabilities	$ 361	$ 556
Commitments and contingencies (Note 10)
Stockholders' equity:
Common stock ($0.01 par value, 200,000 authorized, 46,410 issued and 40,738 outstanding in 2016 and 40,738 outstanding in 2015)	$ 464	$ 464
Additional paid-in capital	548,304	548,304
Accumulated deficit	(475,666)	(474,522)
Treasury stock, at cost - 2016 - 5,672 shares and 2015 - 5,672 shares	(5,168)	(5,168)
Total stockholders' equity	67,934	69,078
Total liabilities and stockholders' equity	$ 68,295	$ 69,634