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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net loss $ (4,046) $ (4,778)
Adjustment to reconcile net loss to net cash provided by operating activities    
Amortization of loan discount, loan commitment and deferred financing fees 318 1,105
Deferred income tax benefit (936) 0
Depreciation expense 168 181
Earnings from unconsolidated joint venture, net of distributions 48 30
Stock compensation 234 346
Impairment charges 2,232 526
Changes in operating assets and liabilities:    
Trade receivables (3,643) 271
Real estate inventories 22,399 4,778
Other assets (935) 787
Accrued interest (103) 107
Accounts payable and accrued liabilities 504 1,356
Income taxes payable 12 20
Net cash provided by operating activities 16,252 4,729
Cash flows from investing activities:    
Business acquisition, net of cash acquired 0 (579)
Purchase of fixed assets (80) (54)
Principal received on note receivable 39 37
Net cash used in investing activities (41) (596)
Cash flows from financing activities:    
Proceeds from notes payable 19,030 23,517
Payments on notes payable (29,191) (29,947)
Loan financing costs (198) (234)
Distributions to non-controlling interests (1,750) (6,432)
Contributions from non-controlling interests 0 5,000
Repurchase of Series C Preferred Stock 0 (89)
Taxes paid related to net share settlement of equity awards (38) 0
Net cash used in financing activities (12,147) (8,185)
Net increase (decrease) in cash and cash equivalents 4,064 (4,052)
Cash, restricted cash, and cash equivalents, beginning of period 2,947 6,999
Cash, restricted cash, and cash equivalents, end of period 7,011 2,947
Supplemental cash flow information:    
Interest paid, net of interest capitalized (190) (493)
Income taxes paid (8) (18)
Supplemental disclosure for non-cash activity:    
Business acquisition notes payable 0 1,710
Seller's note payable 0 115
Accrued liability settled through issuance of stock 131 127
Increase in Series B preferred stock value in connection with dividends paid in-kind 0 24
Conversion of Class B common stock to Class A common stock 0 2
Extinguishment of Series B preferred stock 0 1,011
Increase in Series C preferred stock upon conversion of CGF I & II 6,751 0
Increase in Additional Paid in Capital upon conversion of CGF I & II 2,711 0
Extinguishment of Notes payable - due to affiliates, net of discount $ (10,402) $ 0