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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Real estate land holdings subject to sales contract, at cost $ 22,717 $ 22,717
Total real estate 22,717 22,717
Notes and interest receivable from related parties 15,403 25,485
Less allowance for doubtful accounts (1,826) (1,826)
Total notes and interest receivable 13,577 23,659
Cash and cash equivalents 4 1
Receivable and accrued interest from related parties 50,391 37,768
Other assets 2,049 2,257
Total assets 88,738 86,402
Liabilities:    
Accounts payable and other liabilities 23
Total liabilities 23
Shareholders' equity:    
Common stock, $0.01 par value, authorized 10,000,000 shares; issued 4,173,675 and outstanding 4,168,214 shares in 2017 and 2016 42 42
Treasury stock at cost, 5,461 shares in 2017 and 2016 (39) (39)
Paid-in capital 61,955 61,955
Retained earnings 26,780 24,421
Total shareholders' equity 88,738 86,379
Total liabilities and shareholders' equity $ 88,738 $ 86,402