| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue (See Note 14 - Related Party Transactions) | |||||||||
Total revenue | |||||||||
25,317 | 16,447 | 45,430 | - | - | - | - | - | - | - |
Revenue-homebuilding | |||||||||
- | - | - | 40,696 | 60,132 | 47,378 | 53,806 | 11,633 | 14,062 | 19,070 |
Revenue - other | |||||||||
- | - | - | 884 | 1,244 | 587 | 808 | 2,669 | - | 4,781 |
Revenue - other | |||||||||
- | - | - | - | - | - | - | - | 7,871 | - |
Total revenue | |||||||||
- | - | - | 41,580 | 61,376 | 47,965 | 54,614 | 14,302 | 21,933 | 23,851 |
Operating expenses | |||||||||
General and administrative | |||||||||
1,487 | 830 | 5,297 | 5,586 | 7,410 | 7,585 | 6,739 | 8,034 | - | - |
Cost of sales-homebuilding | |||||||||
- | - | - | 38,236 | 51,583 | 38,133 | 41,596 | 9,692 | 12,160 | 19,186 |
Cost of sales - other | |||||||||
- | - | - | 427 | 551 | 372 | 808 | 3,484 | 7,434 | 4,011 |
Impairment charges and recovery, net | |||||||||
- | - | - | -1,703 | -2,765 | - | - | - | - | - |
Impairment charges | |||||||||
- | - | 526 | - | - | 2,695 | 348 | 2,358 | - | - |
Sales and marketing | |||||||||
383 | 0 | 1,490 | 1,606 | 2,076 | 2,130 | 1,975 | 624 | - | - |
Interest and real estate tax expense | |||||||||
- | - | 41 | 886 | 547 | 26 | - | - | - | - |
Impairments and write-offs | |||||||||
- | - | - | - | - | - | - | - | - | 1,548 |
Selling, general and administrative | |||||||||
- | - | - | - | - | - | - | - | 7,399 | 5,606 |
Interest and real estate tax expense | |||||||||
- | - | - | - | - | - | 408 | 2,135 | - | - |
Interest, real estate taxes and indirect costs related to inactive projects | |||||||||
- | - | - | - | - | - | - | - | 2,739 | 2,224 |
Operating income | |||||||||
2,275 | 293 | -4,806 | -6,864 | -3,556 | -2,976 | 2,740 | -12,025 | -7,799 | -8,724 |
Interest (expense) | |||||||||
-474 | -90 | - | - | - | - | - | - | - | - |
(Loss) on equity method investments carried at fair value | |||||||||
-560 | 0 | - | - | - | - | - | - | - | - |
Gain on troubled debt restructuring | |||||||||
- | - | - | - | - | - | - | - | -219 | - |
Gain on legal settlement, net | |||||||||
- | - | - | - | - | - | - | - | -9,434 | - |
Other income, net | |||||||||
225 | 142 | 66 | 157 | 861 | 230 | 267 | 18 | -304 | 1,037 |
Income before income tax benefit | |||||||||
1,466 | 345 | -4,740 | -6,707 | -2,695 | -2,746 | - | - | 2,125 | - |
(Loss) income before income tax expense | |||||||||
- | - | - | - | - | - | 3,007 | -12,007 | 2,158 | -7,687 |
Income tax (expense) benefit | |||||||||
2 | -1,062 | 38 | 55 | -732 | 368 | 346 | -2,484 | -33 | 11 |
Net income from continuing operations | |||||||||
1,464 | 1,407 | - | - | - | - | - | -9,523 | - | - |
Loss from continuing operations | |||||||||
- | - | - | - | - | - | - | -9,446 | 2,125 | - |
(Loss) income from continuing operations | |||||||||
1,466 | 345 | -4,740 | -6,707 | - | - | - | - | - | - |
Net (loss) from discontinued operations, net of tax | |||||||||
-571 | -5,792 | - | - | - | - | - | 3,781 | -1,018 | - |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | -98 | - | - |
Gain on sale of real estate from discontinued operations | |||||||||
- | - | - | - | - | - | - | 6,466 | - | - |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -527 | - |
Income tax expense from discontinued operations | |||||||||
- | - | - | - | - | - | - | 2,484 | 0 | - |
Net (loss) income from discontinued operations | |||||||||
- | - | - | - | - | - | - | 3,884 | -527 | - |
Net Income (loss) | |||||||||
- | - | -4,778 | -6,762 | -1,963 | -3,114 | 2,661 | -5,639 | 1,598 | -7,698 |
Net income attributable to non-controlling interests | |||||||||
- | - | 247 | 2,231 | 2,604 | 3,725 | 4,691 | - | - | - |
Less: Net income (loss) from continuing operations attributable to non-controlling interests | |||||||||
- | - | - | - | - | - | - | -77 | - | - |
Less: Net income from discontinued operations attributable to non-controlling interests | |||||||||
- | - | - | - | - | - | - | 103 | 491 | - |
Net income (loss) | |||||||||
893 | -4,385 | -5,025 | -8,993 | -4,567 | -6,839 | -2,030 | -5,665 | 1,107 | -7,698 |
Income per share from continuing operations | |||||||||
Paid-in-kind dividends on Series B Preferred Stock | |||||||||
- | - | 78 | 348 | - | - | - | - | - | - |
Extinguishment of Series B Preferred Stock | |||||||||
- | - | -1,011 | - | - | - | - | - | - | - |
Net loss attributable to common stockholders | |||||||||
- | - | -4,092 | -9,341 | -4,567 | - | - | - | - | - |
Basic net income per share | |||||||||
0.22 | 0.38 | - | - | - | - | - | -0.47 | 0.10 | -0.42 |
Basic net income (loss) per share | |||||||||
- | - | -1.21 | -2.81 | -1.43 | -2.27 | -0.10 | -0.28 | 0.05 | - |
Diluted net income per share | |||||||||
0.22 | 0.37 | - | - | - | - | - | -0.47 | 0.10 | -0.42 |
(Loss) per share from discontinued operations | |||||||||
Basic net (loss) per share | |||||||||
-0.09 | -1.56 | - | - | - | - | - | 0.19 | -0.05 | - |
Diluted net (loss) per share | |||||||||
-0.09 | -1.56 | - | - | - | - | - | 0.19 | -0.05 | - |
Diluted net income (loss) per share | |||||||||
- | - | -1.21 | -2.81 | -1.43 | -2.27 | -0.10 | -0.28 | 0.05 | - |
Basic weighted average shares outstanding | |||||||||
6,617 | 3,705 | 3,370 | 3,321 | 3,198 | 3,012 | 20,681 | 19,970 | 20 | 18,313 |
Diluted weighted average shares outstanding | |||||||||
6,799 | 3,843 | 3,370 | 3,321 | 3,198 | 3,012 | 20,681 | 19,970 | 20 | 18,313 |
Net loss | |||||||||
893 | -4,385 | -5,025 | -8,993 | - | - | - | -5,665 | 1,107 | -7,698 |
Homebuilding [Member] | |||||||||
Total revenue | |||||||||
- | - | 43,399 | - | - | - | - | - | - | - |
Cost of sales | |||||||||
- | - | 40,585 | - | - | - | - | - | - | - |
Net Income (loss) | |||||||||
- | - | -4,348 | - | - | - | - | - | - | - |
Asset Management [Member] | |||||||||
Total revenue | |||||||||
19,605 | 13,416 | 0 | - | - | - | - | - | - | - |
Direct costs | |||||||||
16,561 | 12,234 | - | - | - | - | - | - | - | - |
Cost of sales | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
Real Estate Services [Member] | |||||||||
Total revenue | |||||||||
5,712 | 3,031 | 2,031 | - | - | - | - | - | - | - |
Direct costs | |||||||||
4,611 | 3,090 | - | - | - | - | - | - | - | - |
Cost of sales | |||||||||
- | - | 2,297 | - | - | - | - | - | - | - |
Net Income (loss) | |||||||||
- | - | -430 | - | - | - | - | - | - | - |
Net income (loss) | |||||||||
-273 | -849 | - | - | - | - | - | - | - | - |