XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Services revenue $ 3,824 $ 2,993 $ 11,718 $ 9,533
Asset sales 4,758 767 6,193 2,434
Total revenues 8,582 3,760 17,911 11,967
Operating costs and expenses:        
Cost of services revenue 1,882 653 3,751 2,101
Cost of asset sales 4,243 538 5,479 2,173
Real estate inventory write-down 0 2,748 0 2,748
Selling, general and administrative 2,783 3,090 8,937 9,131
Depreciation and amortization 76 166 240 490
Total operating costs and expenses 8,984 7,195 18,407 16,643
(Losses) earnings of equity method investments 0 (34) 52 105
Operating loss (402) (3,469) (444) (4,571)
Other income 16 0 39 5
Fair value adjustment of contingent consideration 43 (87) 900 (139)
Interest expense (17) (61) (153) (189)
(Loss) income before income tax expense (360) (3,617) 342 (4,894)
Income tax expense 11 20 29 23
Net (loss) income $ (371) $ (3,637) $ 313 $ (4,917)
Weighted average common shares outstanding – basic 28,432,648 28,317,648 28,390,221 28,230,169
Weighted average common shares outstanding – diluted 28,432,648 28,317,648 28,399,759 28,230,169
Net (loss) income per share – basic $ (0.01) $ (0.13) $ 0.01 $ (0.17)
Net (loss) income per share – diluted $ (0.01) $ (0.13) $ 0.01 $ (0.17)
Comprehensive (loss) income:        
Net (loss) income $ (371) $ (3,637) $ 313 $ (4,917)
Other comprehensive (loss) income:        
Foreign currency translation adjustment (8) 4 (13) (25)
Comprehensive (loss) income $ (379) $ (3,633) $ 300 $ (4,942)