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Segment Disclosures | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment Disclosures | 20. SEGMENT DISCLOSURES Subsequent to July 23, 2019 we operate our business through our two segments: Asset Management, and Real Estate Services. In our Asset Management segment, we focus on providing management services to a wide range of real estate assets and businesses that include a variety of commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented developments. The properties and businesses we currently manage are located primarily along the Washington, D.C. Metro Silver Line in Fairfax and Loudoun Counties, but we also manage projects in other jurisdictions within the states of Maryland and Virginia. In our Real Estate Services segment, our experienced real estate services-based management team provides a wide range of real estate services in the areas of strategic corporate planning, capital markets, brokerage services, and environmental and design-based services. Our environmental services group provides consulting, environmental studies, remediation services and provide site specific solutions for any project that may have an environmental impact, from environmental due diligence to site-specific assessments and remediation. The Real Estate Services segment operates in the Mid-Atlantic Region. The following table includes the Company’s two reportable segments of Asset Management and Real Estate Services, excluding discontinued operations, for the year ended December 31, 2019 and 2018.
|  | Asset Management |  |  | Real Estate Services |  |  | Total (from continuing operations) |
Twelve Months Ended December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Gross revenue |  | $ | 19,605 |  |  | $ | 5,712 |  |  | $ | 25,317 |
Gross profit |  |  | 3,044 |  |  |  | 1,101 |  |  |  | 4,145 |
Net (loss) income |  |  | 1,737 |  |  |  | (273 | ) |  |  | 1,464 |
Total assets |  |  | 15,270 |  |  |  | 4,663 |  |  |  | 19,933 |
Depreciation, amortization, and stock based compensation |  |  | 430 |  |  |  | 266 |  |  |  | 696 |
Interest expense |  |  | 390 |  |  |  | 84 |  |  |  | 474 |
|  | Asset Management |  |  | Real Estate Services |  |  | Total (from continuing operations) |
Twelve Months Ended December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Gross revenue |  | $ | 13,416 |  |  | $ | 3,031 |  |  | $ | 16,447 |
Gross profit |  |  | 1,182 |  |  |  | (59 | ) |  |  | 1,123 |
Net (loss) income |  |  | 2,256 |  |  |  | (849 | ) |  |  | 1,407 |
Total assets |  |  | 3,870 |  |  |  | 3,362 |  |  |  | 7,232 |
Depreciation, amortization, and stock based compensation |  |  | 225 |  |  |  | 221 |  |  |  | 446 |
Interest expense |  |  | — |  |  |  | 90 |  |  |  | 90 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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