Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

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



(in thousands)	September 30, 2016		December 31, 2015
Park Van Ness	$	—	$	77,245
Glebe Road	55,858		—
Other	4,915		6,271
Total	$	60,773	$	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 September 30,		As of or for the nine months ended September 30,
(In thousands)	2016	2015	2016	2015
Weighted average common stock outstanding-Basic	21,597	21,158	21,448	21,091
Effect of dilutive options	182	33	96	66
Weighted average common stock outstanding-Diluted	21,779	21,191	21,544	21,157
Non-dilutive options	—	298	172	124
Years non-dilutive options were issued		2007 and 2015	2007, 2015, 2016	2007 and 2015