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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 54 $ 586
Real estate owned:    
Land 554 554
Buildings 1,900 1,900
Real estate owned, gross 2,454 2,454
Less: accumulated depreciation 810 774
Real estate owned, net 1,644 1,680
Investment in 111 West 57th Partners LLC 0 63,770
Other assets 89 166
Total assets 1,787 66,202
Liabilities:    
Accounts payable and accrued liabilities 1,109 343
Loan payable - related party 1,650 0
Other liabilities 0 0
Total liabilities 2,759 343
Litigation funding agreement (Note 10) 500 0
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock ($0.01 par value, 85,000 authorized in 2017 and 85,000 authorized in 2016, 46,410 issued and 40,738 outstanding in 2017 and 46,410 issued and 40,738 outstanding in 2016) 464 464
Additional paid-in capital 548,304 548,304
Accumulated deficit (545,072) (477,741)
Treasury stock, at cost - 2017 - 5,672 shares and 2016 - 5,672 shares (5,168) (5,168)
Total stockholders' equity (deficit) (1,472) 65,859
Total liabilities and stockholders' equity (deficit) $ 1,787 $ 66,202