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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Expenses:    
Property operating expenses (including $0, $10 and $46 for the year ended 2016, 2015 and 2014, respectively, from related parties) $ 61 $ 50
General and administrative (including $213, $240 and $237 for the year ended 2016, 2015 and 2014, respectively, from related parties) 466 573
Net income fee to related party 187 203
Advisory fee to related party 704 692
Total operating expenses 1,418 1,518
Net operating loss (1,418) (1,518)
Other income (expenses):    
Interest income from related parties 4,376 4,729
Mortgage and loan interest (652) (706)
Total other income 3,724 4,023
Income before taxes 2,306 2,505
Income tax expense (807) (946)
Net income $ 1,499 $ 1,559
Earnings per share - basic and diluted    
Net income $ 0.36 $ 0.37
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214