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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Rental revenues $ 1,188 $ 336 $ 2,021 $ 1,017
Tenant reimbursements 110 171 347 445
Total revenues 1,298 507 2,368 1,462
Operating Expenses        
Property operating expenses 571 178 1,059 549
Real estate taxes 85 124 244 345
General and administrative 1,383 1,509 4,449 4,200
Transaction related costs 170 9 170 77
Depreciation and amortization 1,193 145 1,837 394
Costs relating to demolished asset 0 3,426 0 3,426
Total operating expenses 3,402 5,391 7,759 8,991
Operating loss (2,104) (4,884) (5,391) (7,529)
Equity in net loss from unconsolidated joint venture (236) (296) (492) (804)
Interest income (expense), net 36 20 182 (89)
Interest expense - amortization of deferred finance costs 0 (145) 0 (345)
Reduction of claims liability 0 0 0 1,043
Loss before gain sale of real estate and tax expense (2,304) (5,305) (5,701) (7,724)
Gain on sale of real estate 0 3,853 0 3,853
Tax expense 0 0 (2) (38)
Net loss attributable to common stockholders $ (2,304) $ (1,452) $ (5,703) $ (3,909)
Loss per share - basic and diluted $ (0.07) $ (0.05) $ (0.18) $ (0.13)
Weighted average number of common shares - basic and diluted 31,639 31,446 31,594 30,114