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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Rental revenues $ 3,241 $ 1,287 $ 1,315
Tenant reimbursements 474 575 541
Total revenues 3,715 1,862 1,856
Operating Expenses      
Property operating expenses 1,904 850 942
Real estate taxes 321 467 275
General and administrative 5,728 5,578 6,927
Transaction related costs 382 83 243
Depreciation and amortization 2,463 544 457
Costs relating to demolished asset 0 3,426 0
Total operating expenses 10,798 10,948 8,844
Operating loss (7,083) (9,086) (6,988)
Equity in net loss from unconsolidated joint venture (728) (1,057) (308)
Interest income, net 212 215 42
Interest expense -amortization of deferred finance costs 0 0 (98)
Reduction of claims liability 0 1,043 132
Loss before gain on sale of real estate and taxes (7,599) (8,885) (7,220)
Gain on sale of real estate 0 3,853 0
Tax (expense) benefit (290) 3,011 (216)
Net loss attributable to common stockholders (7,889) (2,021) (7,436)
Other comprehensive (loss) gain:      
Unrealized (loss) gain on pension liability (786) 429 (824)
Comprehensive loss attributable to common stockholders $ (8,675) $ (1,592) $ (8,260)
Loss per share - basic and diluted $ (0.25) $ (0.07) $ (0.29)
Weighted average number of common shares - basic and diluted 31,607 30,451 25,439