XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Rental revenues $ 339 $ 318
Tenant reimbursements 121 157
Total revenues 460 475
Operating Expenses    
Property operating expenses 171 157
Real estate taxes 71 49
General and administrative 1,350 2,174
Transaction related costs 46 35
Depreciation and amortization 124 104
Total operating expenses 1,762 2,519
Operating loss (1,302) (2,044)
Equity in net loss from unconsolidated joint venture (271) 0
Interest (expense) income, net (68) 73
Amortization of deferred finance costs (82) (2)
Reduction of claims liability 1,043 135
Loss before taxes (680) (1,838)
Tax expense 1 0
Net loss available to common stockholders $ (681) $ (1,838)
Loss per share - basic and diluted $ (0.02) $ (0.07)
Weighted average number of common shares - basic and diluted 27,560 25,284