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Segment Disclosures
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Disclosures SEGMENT DISCLOSURES
Subsequent to July 23, 2019, we operate our business through 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 owners 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 including Maryland and Virginia.
In our Real Estate Services segment, our experienced 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 and engineering services, environmental studies, remediation services and provides 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 three and nine months ended September 30, 2020 and 2019.
Asset
Management
Real Estate
Services
Total
Three Months Ended September 30, 2020
Gross revenue
$5,891 $1,439 $7,330 
Gross profit825 809 1,634 
Net income411 12 423 
Total assets
14,687 3,681 18,368 
Three Months Ended September 30, 2019
Gross revenue
$4,733 $947 $5,680 
Gross profit536 85 621 
Net loss(353)(208)(561)
Total assets
12,131 3,784 15,915 
Nine Months Ended September 30, 2020
Gross revenue$15,466 $5,294 $20,760 
Gross profit2,551 2,185 4,736 
Net income1,112 479 1,591 
Total assets14,687 3,681 18,368 
Nine Months Ended September 30, 2019
Gross revenue$13,326 $2,573 $15,899 
Gross profit1,522 308 1,830 
Net income (loss)364 (547)(183)
Total assets12,131 3,784 15,915