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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 17,176 $ 12,550
Real estate and tangible water assets, net 42,606 44,298
Intangible assets 121,027 121,917
Right of use assets, net 433  
Other assets 1,304 1,446
Total assets 182,546 180,211
Liabilities and equity    
Lease liabilities 433  
Other liabilities 2,818 3,448
Accounts payable and accrued expenses 305 139
Total liabilities 3,556 3,587
Commitments and contingencies
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued
Common stock, $0.001 par value; authorized 100,000 shares, 20,319 issued and 20,306 outstanding at March 31, 2019, and 20,848 issued and 20,726 outstanding at December 31, 2018 20 21
Additional paid-in capital 347,944 353,250
Accumulated deficit (168,852) (175,536)
Treasury stock, at cost (common shares: 12 at March 31, 2019 and 121 at December 31, 2018) (122) (1,111)
Total shareholders’ equity 178,990 176,624
Total liabilities and shareholders’ equity $ 182,546 $ 180,211