Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Restrictions on Cash and Cash Equivalents [Table Text Block] Consolidated Statements of Cash Flows for the six months ended June 30, 2018 and 2017:
 
 
 
As of June 30,
 
 
 
2018
 
 
2017
 
Cash and cash equivalents
 
$
4,755
 
 
$
12,034
 
Restricted cash
 
$
1,432
 
 
$
2,291
 
Total cash and cash equivalents and restricted cash
(1)
 
$
6,187
 
 
$
14,325
 
 
(1)
Represents the total of the amounts at the end of the periods presented on the Consolidated Statements of Cash Flows as required by ASU 2016-18. The cash and cash equivalents and restricted cash balance as of December 31, 2017 and December 31, 2016 (the beginning of the periods presented) was $7,114 and $20,612, respectively.
 
The Company considers all demand deposits, cashier’s checks, money market accounts, and certificates of deposit with a maturity of three months or less to be cash equivalents. Amounts included in restricted cash represent (1) certain security deposits received from tenants at the inception of their leases; (2) cash required to be held by a third-party lender as a reserve for debt service; and (3) funds held by the Company that were received from certain tenants that the Company collected to pay specific tenant expenses, such as real estate taxes and insurance, on the tenant’s behalf.