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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating expenses:    
Compensation and benefits $ 1,214 $ 1,239
Professional and outside services 2,628 1,123
Property operating and maintenance 117 134
Depreciation 48 48
Insurance 159 170
Other operating 140 200
Total operating expenses 4,306 2,914
Operating income (loss) (4,306) (2,914)
Interest income 0 0
Interest expense (67) 0
Other income 0 128
Impairment of equity investment in 111 West 57th Partners LLC (63,745) 0
Equity income (loss) - 111 West 57th Partners LLC (25) (575)
Income (loss) before income taxes (68,143) (3,361)
Income tax expense (benefit) (20,086) (142)
Net income (loss) $ (48,057) $ (3,219)
Net income (loss) per common share - basic (in dollars per share) $ (1.18) $ (0.08)
Weighted average common shares outstanding - basic (in shares) 40,738 40,738