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Real Estate Inventory | 12 Months Ended
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Dec. 31, 2017
Real Estate [Abstract] |
Real Estate Inventory | Note 3 – Real Estate Inventory In 2016, the Company entered into a purchase and sale agreement with International Auto Processing Inc. (“IAP”) to sell the Company’s real estate inventory for $4.1 million. IAP subsequently assigned the purchase and sale agreement to an affiliate, International Investments and Infrastructure, LLC (“III”). Concurrently, the Company entered into a five-year lease agreement with an affiliate of III to lease the building during the escrow period, which would terminate at the close of escrow. The purchase agreement gave III the right to terminate its obligation to consummate the sale for any reason before June 9, 2016, but in the event the sale was not consummated, the lease agreement would have continued through the end of the lease term. Annual rental payments under the lease were $0.7 million, and the lessee was responsible for all operating costs associated with the property. During the year ended December 31, 2016, the Company earned rental income of $0.3 million, which is included within services revenue in the consolidated statement of operations. In the third quarter of 2016, the Company completed the sale of its real estate inventory and, in accordance with the purchase and sale agreement, terminated the previously existing lease agreement between the Company and an affiliate of III. The Company sold the real estate inventory for $4.1 million and, after recognizing carrying costs of $3.7 million and closing costs of $0.3 million, realized a gross profit of $0.1 million.

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