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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (13,191) $ (13,254) $ 3,944
Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,509 3,801 328
Amortization of right-of-use asset 476    
Gain on disposal of property, plant and equipment (130) (2,867) (25)
Unrealized gain of marketable securities   (13)  
Write off of demolished building   35 4,573
Impairment on other assets     57
Share-based compensation expenses 539 2,925 1,126
Unrealized exchange (gain) loss 516 1,670 (6,712)
Deferred income tax benefit (2,011)    
Changes in current assets and liabilities:      
Increase in accounts receivable (806)    
Decrease (increase) in prepaid expenses and other receivables (1,454) (1,746) (1,035)
Increase in rental deposits (88) (155)  
Increase in accrued expenses and other payables 1,785 616 3
Decrease in lease liabilities (406)    
Increase in advance from customers 67,387 255  
Increase in long term rental deposits 192    
Total adjustments 67,509 4,521 (1,685)
Net cash provided by (used in) operating activities 54,318 (8,733) 2,259
Cash flows from investing activities:      
Payment for real estate properties under development (132,077) (39,575) (11,935)
Purchase of property, plant and equipment (864) (2,107) (13,377)
Purchase of marketable securities   (7,580)  
(Increase) decrease in deposits for real estate properties under development   37 (74)
Increase in deposits for purchase of property, plant and equipment   (82)  
Proceeds from disposal of property, plant and equipment and other assets 181 9,791 67
Proceeds from disposal of demolished building   180 550
Proceeds from disposal of other noncurrent asset   46  
Redemption of marketable securities 7,580    
Increase in refundable bank deposit   (91)  
Decrease (increase) in fixed deposits maturing over three months 39,322 (39,359) 89,703
Increase in long term investments     (2,319)
Net cash provided by (used in) investing activities (85,858) (78,740) 62,615
Cash flows from financing activities:      
Cash dividends paid   (10,565) (10,266)
Repayment of bank loans (193)    
Proceeds from bank loans 97,980    
Debt issuance cost (487)    
Proceeds from shares issued on exercise of options 2,635 3,954 6,908
Net cash (used in) provided by financing activities 99,935 (6,611) (3,358)
Net increase (decrease) in cash and cash equivalents 68,395 (94,084) 61,516
Cash and cash equivalents at beginning of year 62,919 165,173 94,558
Effect of exchange rate changes on cash and cash equivalents (1,096) (8,170) 9,099
Cash and cash equivalents at end of year 130,218 62,919 165,173
Supplemental schedule of cash flow information:      
Cash paid for amounts included in the measurement of lease liabilities (406)    
Non-cash investing activities:      
(Decrease) increase in construction in progress funded through accounts payable 1,279   (611)
Interest paid (67)    
Share-based compensation expenses $ 539 $ 2,925 $ 1,126