CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Real estate, net	$ 58,762	$ 60,384
Cash and cash equivalents	34,876	4,678
Restricted cash	12,519	3,688
Investment in unconsolidated joint venture	12,860	13,939
Receivables, net	145	220
Deferred rents receivable	577	543
Prepaid expenses and other assets, net	2,770	2,149
Total assets	122,509	85,601
LIABILITIES
Loans payable, net	48,294	48,705
Secured line of credit	0	0
Accounts payable and accrued expenses	4,997	2,935
Pension liabilities	4,867	5,936
Total liabilities	58,158	57,576
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Preferred stock	0	0
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at September 30, 2017 and December 31, 2016	0	0
Common stock, $0.01 par value; 79,999,997 shares authorized; 36,806,915 and 30,679,566 shares issued at September 30, 2017 and December 31, 2016, respectively; 31,451,796 and 25,663,820 shares outstanding at September 30, 2017 and December 31, 2016, respectively	368	307
Additional paid-in capital	130,275	87,521
Treasury stock (5,355,119 and 5,015,746 shares at September 30, 2017 and December 31, 2016, respectively)	(53,666)	(51,086)
Accumulated other comprehensive loss	(3,161)	(3,161)
Accumulated deficit	(9,465)	(5,556)
Total stockholders' equity	64,351	28,025
Total liabilities and stockholders' equity	122,509	85,601
Blank Check Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred stock	$ 0	$ 0