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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Expenses:        
Property operating expenses (including $xx and $11 for the three months and $xx and $25 for the nine months ended 2016 and 2015, respectively, from related parties)   $ 56   $ 71
General and administrative (including $xx and $45 for the three months and $xx and $171 for the nine months ended 2016 and 2015 respectively, from related parties) $ 114 62 $ 333 359
Net income fee to related party 67 51 193 142
Advisory fee to related party 162 176 475 526
Total operating expenses 343 345 1,001 1,098
Net operating loss (343) (345) (1,001) (1,098)
Other income (expenses):        
Interest income from related parties 1,095 1,137 3,389 3,376
Mortgage and loan interest   (112)   (441)
Total other income 1,095 1,025 3,389 2,935
Income before taxes 752 680 2,388 1,837
Net income $ 752 $ 680 $ 2,388 $ 1,837
Earnings per share - basic        
Net income applicable to common shares- basic $ 0.18 $ 0.16 $ 0.57 $ 0.44
Earnings per share - diluted        
Net income applicable to common shares- diluted $ 0.18 $ 0.16 $ 0.57 $ 0.44
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