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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2016
Aug. 29, 2015
Aug. 29, 2015
Sep. 30, 2016
Revenues        
Rental revenues $ 328 $ 145 $ 292 $ 974
Tenant reimbursements 208 43 120 435
Total revenues 536 188 412 1,409
Operating Expenses        
Property operating expenses 190 171 319 491
Real estate taxes 63 55 108 167
General and administrative 1,159 629 2,108 4,188
Professional fees 373 741 1,233 1,137
Depreciation and amortization 121 86 170 334
Total operating expenses 1,906 1,682 3,938 6,317
Operating loss (1,370) (1,494) (3,526) (4,908)
Interest (expense) income, net (12) (83) (203) 83
Amortization of deferred finance costs (38) (87) (176) (60)
Reduction of claims liability (2) 300 530 132
Loss before taxes (1,422) (1,364) (3,375) (4,753)
Tax expense 0 0 4 0
Net loss available to common stockholders $ (1,422) $ (1,364) $ (3,379) $ (4,753)
Loss per share - basic and diluted $ (0.06) $ (0.07) $ (0.17) $ (0.19)
Weighted average number of common shares - basic and diluted 25,483 20,124 20,088 25,409