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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Expenses:        
Property operating expenses (including $0 and $8 for the three months and $0 and $15 for the six months ended 2016 and 2015, respectively, from related parties)   $ 8   $ 16
General and administrative (including $47 and $59 for the three months and $90 and $127 for the six months ended 2016 and 20135 respectively, from related parties) $ 128 122 $ 221 297
Net income fee to related party 54 46 126 90
Advisory fee to related party 160 176 313 350
Total operating expenses 342 352 660 753
Net operating (loss) (342) (352) (660) (753)
Other income (expenses):        
Interest income from related parties 1,085 1,120 2,293 2,239
Other income     3  
Mortgage and loan interest   (165)   (329)
Total other income 1,085 955 2,296 1,910
Net income $ 743 $ 603 $ 1,636 $ 1,157
Earnings per share - basic        
Net income from continuing operations - basic $ 0.18 $ 0.14 $ 0.39 $ 0.28
Net income applicable to common shares- basic 0.18 0.14 0.39 0.28
Earnings per share - diluted        
Net income from continuing operations - diluted 0.18 0.14 0.39 0.28
Net income applicable to common shares- diluted $ 0.18 $ 0.14 $ 0.39 $ 0.28
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214
Weighted average common shares used in computing diluted earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214