XML 41 R29.htm IDEA: XBRL DOCUMENT v3.19.1

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Summary of Interest Incurred, Capitalized and Expensed for Units Settled

The following table is a summary of interest and real estate taxes incurred, capitalized and expensed for units settled:

		Twelve Months Ended December 31,
		2018				2017
Total interest incurred and capitalized		$	2,415			$	4,223
Total real estate taxes incurred and capitalized			306				354
Total interest and real estate taxes incurred and    capitalized		$	2,721			$	4,577
Interest expensed as a component of cost of sales		$	3,299			$	2,604
Real estate taxes expensed as a component of cost of    sales			340				267
Interest and real estate taxes expensed as a component    of  cost of sales		$	3,639			$	2,871

Summary of Interest and Real Estate Taxes Expensed in Consolidated Statement of Operations

The following is a breakdown of the interest and real estate taxes expensed in the consolidated statement of operations for the periods presented:

		Twelve Months Ended December 31,
		2018				2017
Interest incurred and expensed from entity level    borrowings		$	97			$	—
Interest incurred and expensed for inactive projects			61				41
Real estate taxes incurred and expensed for inactive    projects			13				—
		$	171			$	41

Fixed Assets are Carried at Cost Less Accumulated Depreciation

Fixed assets are carried at cost less accumulated depreciation and are depreciated on the straight-line method over their estimated useful lives as follows:

Furniture and fixtures		7 years
Office equipment and vehicles		5 years
Leasehold improvements		life of related lease
Computer equipment		3 years
Capitalized software		3 years

Summary of Warranty Reserve Activity Included in Accounts Payable and Accrued Liabilities

The following table is a summary of warranty reserve activity, which is included in accounts payable and accrued liabilities:

		Years ended December 31,
		2018				2017
Balance at beginning of period		$	258			$	287
Additions			108				178
Releases and/or charges incurred			(171	)			(207	)
Balance at end of period		$	195			$	258

Summary of Contract Liabilities

Contract liabilities consisted of the following:

		Years ended December 31,
		2018				2017
Contract Liabilities: Customer Deposits and Deferred    Revenue
Homebuilding - Customer Deposits		$	1,189			$	575
Asset Management - Deferred revenue			1,875				—
Total Contract Liabilities		$	3,064			$	575

Summary of Sales from Contracts with Customers Disaggregated by Categories

The following table presents the Company’s sales from contracts with customers disaggregated by categories which best represents how the nature, amount, timing and uncertainty of sales are affected by economic factors.

		Years ended December 31,
		2018				2017
Revenue by customer
Individual customers		$	41,245			$	43,399
Related party			12,900				—
Commercial			2,604				2,031
Total Revenue by Customer		$	56,749			$	45,430
Revenue by contract type
Fixed-price		$	42,386			$	43,399
Cost-plus			12,040				—
Time and Material			2,323				2,031
Total Revenue by contract type		$	56,749			$	45,430

Segment Reporting Information

The following disclosure includes the Company’s three reportable segments of Homebuilding, Asset Management and Real Estate Services. Each of these segments operates within the Company’s single Washington, D.C. reportable geographic segment.

		Asset Management				Real Estate Services				Homebuilding				Total
Twelve Months Ended December 31, 2018
Gross revenue		$	12,473			$	3,031			$	41,245			$	56,749
Gross profit, excluding impairment charges			1,182				(59	)			(1,554	)			(431	)
Net (loss) income			1,187				(849	)			(5,304	)			(4,966	)
Total assets			2,882				3,242				28,976				35,100
Depreciation, amortization, and stock based    compensation			159				221				17				397
Interest expense			—				97				74				171
						Real Estate Services				Homebuilding				Total
Twelve Months Ended December 31, 2017
Gross revenue						$	2,031			$	43,399			$	45,430
Gross profit							(268	)			2,814			$	2,546
Net (loss) income							(430	)			(4,348	)		$	(4,778	)
Total assets							3,684				47,474			$	51,158
Depreciation, amortization, and stock based    compensation							177				409			$	586
Interest expense							41				—			$	41

X

- Definition

Estimated Useful Life Of Property And Equipment Table [Text Block]

+ References

No definition available.

+ Details

Name:	chci_EstimatedUsefulLifeOfPropertyAndEquipmentTableTextBlock
Namespace Prefix:	chci_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Summary of interest incurred and capitalized and interest expensed for units settled.

+ References

No definition available.

+ Details

Name:	chci_SummaryOfInterestIncurredAndCapitalizedAndInterestExpensedForUnitsSettledTableTextBlock
Namespace Prefix:	chci_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Summary of interest incurred and capitalized and interest expensed for units settled.

+ References

No definition available.

+ Details

Name:	chci_SummaryOfInterestRealEstateTaxesAndIndirectCostsRelatedToInactiveProjectsTableTextBlock
Namespace Prefix:	chci_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249

+ Details

Name:	us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration