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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental and other property revenues  
Expenses:    
Property operating expenses (including $0 and $0 for the three months ended 2017 and 2016, respectively, from related parties)  
General and administrative (including $54 and $43 for the three months ended 2017 and 2016, respectively, from related parties) $ 130 93
Net income fee to related party 60 72
Advisory fee to related party 162 153
Total operating expenses 352 318
Net operating loss (352) (318)
Other income (expenses):    
Interest income from related parties 1,089 1,208
Other income 3
Total other income 1,089 1,211
Income before taxes 737 893
Income tax expense  
Net income $ 737 $ 893
Earnings per share - basic and diluted    
Net income $ 0.18 $ 0.21
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214