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DISCONTINUED OPERATIONS
 12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS
On April 30, 2019, the Company entered into the MTA with CDS, an entity wholly owned by Christopher Clemente, the Chief Executive Officer of the Company, and FR54, LC (“FR54”), an entity also controlled by Mr. Clemente, that sets forth certain transactions to complete the Company’s previously announced exit from the homebuilding and land development business in favor of a migration to an asset management model. Refer to Note 14 – Consolidation of Variable Interest Entities for further discussion regarding the accounting related to discontinued operations.
The Company did not carry any assets or liabilities from discontinued operations on the consolidated balance sheet as of December 31, 2020 and 2019.
The operating results of the discontinued operations that are reflected on the Consolidated Statement of Operations within the net income (loss) from discontinued operations are as follows:
Year Ended December 31, 2019
Revenues
Revenue—homebuilding
$14,919 
Total revenue
14,919 
Expenses
Cost of sales—homebuilding
14,901 
Sales and marketing
270 
General and administrative
21 
Loss from discontinued operations before income taxes(273)
Income tax benefit(15)
Net loss from discontinued operations(258)
Net income attributable to non-controlling interests
313 
Net loss attributable to Comstock Holding Companies, Inc.$(571)