CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Real estate, net	$ 54,344	$ 42,638
Cash and cash equivalents	24,803	38,173
Restricted cash	3,902	3,600
Receivables, net	22	31
Deferred rents receivable	457	200
Prepaid expenses and other assets, net	2,129	1,929
Total assets	85,657	86,571
LIABILITIES
Accounts payable and accrued expenses	2,209	3,284
Pension liabilities	6,094	6,500
Loans payable, net	48,461	39,615
Liability related to stock-based compensation	0	5,140
Obligation to former Majority Shareholder	0	7,066
Total liabilities	56,764	61,605
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Preferred stock	0	0
Special stock, $0.01 par value, 1 share authorized, issued and outstanding at June 30, 2016 and December 31, 2015	0	0
Common stock, $0.01 par value, 79,999,997 shares authorized; 30,482,601 and 29,978,471 shares issued at June 30, 2016 and December 31, 2015, respectively; 25,477,422 and 25,240,878 shares outstanding at June 30, 2016 and December 31, 2015, respectively	305	300
Additional paid-in capital	83,371	74,455
Treasury stock (5,005,179 and 4,737,593 shares at June 30, 2016 and December 31, 2015, respectively)	(50,995)	(49,114)
Accumulated other comprehensive loss	(2,337)	(2,337)
(Accumulated deficit) retained earnings	(1,451)	1,662
Total stockholders' equity	28,893	24,966
Total liabilities and stockholders' equity	85,657	86,571
Preferred Stock One [Member]
STOCKHOLDERS' EQUITY
Preferred stock	$ 0	$ 0