Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

Construction in progress as of June 30, 2016 and December 31, 2015, is composed of the following:



(in thousands)	June 30, 2016		December 31, 2015
Park Van Ness	$	—	$	77,245
Other	7,327		6,271
Total	$	7,327	$	83,516

Basic and Diluted Shares Outstanding

The following table sets forth, for the indicated periods, weighted averages of the number of common shares outstanding, basic and dilutive, the effect of dilutive options and the number of options which are not dilutive because the average price of the Company's common stock was less than the exercise prices. The treasury stock method was used to measure the effect of the dilution.



	As of or for the three months ended June 30,		As of or for the six months ended June 30,
(In thousands)	2016	2015	2016	2015
Weighted average common stock outstanding-Basic	21,443	21,098	21,374	21,058
Effect of dilutive options	73	45	52	82
Weighted average common stock outstanding-Diluted	21,516	21,143	21,426	21,140
Non-dilutive options	227	73	259	37
Years non-dilutive options were issued	2016	2007	2007, 2015, 2016	2007