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SEGMENT DISCLOSURES
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
SEGMENT DISCLOSURES SEGMENT DISCLOSURES
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 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 year ended December 31, 2020 and 2019.
Asset
Management
Real Estate
Services
Total (from continuing
operations)
Twelve Months Ended December 31, 2020
Gross revenue
$21,923 $6,803 $28,726 
Gross profit
3,478 2,706 6,184 
Net income1,542 540 2,082 
Total assets
24,886 3,693 28,579 
Depreciation, amortization, and stock based compensation
774 227 1,001 
Interest expense
$344 $35 $379 
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 income (loss)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