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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Expenses:        
Property operating expenses (including $11 and $13 for the three months and $25 and $37 for the nine months ended 2015 and 2014, respectively, from related parties) $ 56 $ 13 $ 71 $ 42
General and administrative (including $45 and $61 for the three months and $171 and $198 for the nine months ended 2015 and 2014, respectively, from related parties) 62 143 359 422
Net income fee to related party 51 51 142 152
Advisory fee to related party 176 173 526 516
Total operating expenses 345 380 1,098 1,132
Net operating loss (345) (380) (1,098) (1,132)
Other income (expenses):        
Interest income from related parties 1,137 1,179 3,376 3,547
Mortgage and loan interest (112) (176) (441) (538)
Total other income 1,025 1,003 2,935 3,009
Net income $ 680 $ 623 $ 1,837 $ 1,877
Earnings per share - basic        
Net income from continuing operations - basic $ 0.16 $ 0.15 $ 0.44 $ 0.45
Net income applicable to common shares- basic 0.16 0.15 0.44 0.45
Earnings per share - diluted        
Net income from continuing operations - diluted (in dollars per share) 0.16 0.15 0.44 0.45
Net income applicable to common shares- diluted (in dollars per share) $ 0.16 $ 0.15 $ 0.44 $ 0.45
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214
Weighted average common shares used in computing diluted earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214