$CHCI
Comstock Holding Companies, Inc.

2014 Q2 Form 10-Q Financial Statement

#000119312514308519 Filed on August 13, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $11.80M $12.21M
YoY Change -3.38% 187.77%
Cost Of Revenue $9.500M $9.900M
YoY Change -4.04% 147.5%
Gross Profit $2.256M $2.316M
YoY Change -2.59% 1058.0%
Gross Profit Margin 19.12% 18.96%
Selling, General & Admin $2.877M $2.215M
YoY Change 29.89% 5.68%
% of Gross Profit 127.53% 95.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.00K $121.0K
YoY Change -80.17%
% of Gross Profit 1.06% 5.22%
Operating Expenses $2.877M $2.215M
YoY Change 29.89% 5.68%
Operating Profit -$624.0K -$17.00K
YoY Change 3570.59% -99.45%
Interest Expense $0.00 $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $12.00K $131.0K
YoY Change -90.84% 1537.5%
Pretax Income -$612.0K $114.0K
YoY Change -636.84% -103.66%
Income Tax $57.00K $0.00
% Of Pretax Income 0.0%
Net Earnings -$1.664M -$838.0K
YoY Change 98.57% -73.1%
Net Earnings / Revenue -14.1% -6.86%
Basic Earnings Per Share -$0.55 -$0.04
Diluted Earnings Per Share -$0.55 -$0.04
COMMON SHARES
Basic Shares Outstanding 21.09M shares 20.67M shares
Diluted Shares Outstanding 21.09M shares 20.67M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.800M $11.40M
YoY Change -57.89% 62.86%
Cash & Equivalents $4.814M $11.41M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.300M $1.700M
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.100M $13.10M
YoY Change -53.44% 61.73%
LONG-TERM ASSETS
Property, Plant & Equipment $202.0K $266.0K
YoY Change -24.06% 166.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.000M $3.600M
YoY Change -16.67% 16.13%
Total Long-Term Assets $49.41M $34.58M
YoY Change 42.86% 51.02%
TOTAL ASSETS
Total Short-Term Assets $6.100M $13.10M
Total Long-Term Assets $49.41M $34.58M
Total Assets $55.51M $47.68M
YoY Change 16.41% 53.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.80M $7.300M
YoY Change 47.95% 143.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $31.90M $24.60M
YoY Change 29.67% 46.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.70M $31.90M
YoY Change 33.86% 61.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $42.70M $31.90M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $42.76M $31.89M
YoY Change 34.07% 60.26%
SHAREHOLDERS EQUITY
Retained Earnings -$167.6M -$162.5M
YoY Change 3.17%
Common Stock $171.0M $170.5M
YoY Change 0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.480M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.134M $5.802M
YoY Change
Total Liabilities & Shareholders Equity $55.51M $47.68M
YoY Change 16.41% 53.82%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$1.664M -$838.0K
YoY Change 98.57% -73.1%
Depreciation, Depletion And Amortization $24.00K $121.0K
YoY Change -80.17%
Cash From Operating Activities -$700.0K -$1.300M
YoY Change -46.15% -1400.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$100.0K
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities -$100.0K $0.00
YoY Change
Cash From Investing Activities -$100.0K $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.800M 3.300M
YoY Change -154.55% -430.0%
NET CHANGE
Cash From Operating Activities -700.0K -1.300M
Cash From Investing Activities -100.0K 0.000
Cash From Financing Activities -1.800M 3.300M
Net Change In Cash -2.600M 2.000M
YoY Change -230.0% -322.22%
FREE CASH FLOW
Cash From Operating Activities -$700.0K -$1.300M
Capital Expenditures $0.00 -$100.0K
Free Cash Flow -$700.0K -$1.200M
YoY Change -41.67% -1300.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
514000
CY2013Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
984000
CY2013Q2 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2013Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3600000
CY2013Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1012000
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15791000
CY2013Q2 us-gaap Assets
Assets
47683000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11411000
CY2013Q2 us-gaap Escrow Deposit
EscrowDeposit
0
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
320000
CY2014Q2 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4462000
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
974000
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
158000
CY2014Q2 us-gaap Unsecured Debt
UnsecuredDebt
2322000
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
167000
CY2014Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4300000
CY2014Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
33000
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
722000
CY2014Q2 us-gaap Secured Debt
SecuredDebt
25151000
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12747000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
1134000
CY2014Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
171021000
CY2014Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
10791000
CY2014Q2 us-gaap Minority Interest
MinorityInterest
11613000
CY2014Q2 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
4462000
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2322000
CY2014Q2 us-gaap Notes Payable
NotesPayable
31935000
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-167622000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
55506000
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
18507000
CY2014Q2 us-gaap Liabilities
Liabilities
42759000
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
329000
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
6644000
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2956000
CY2014Q2 us-gaap Assets
Assets
55506000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4814000
CY2014Q2 us-gaap Escrow Deposit
EscrowDeposit
282000
CY2014Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
43387000
CY2014Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
118000000
CY2014Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
46000000
CY2014Q2 us-gaap Other Assets
OtherAssets
2848000
CY2014Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
1299000
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
498000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
202000
CY2014Q2 chci Accrued Liability Settled Through Issuance Of Stock
AccruedLiabilitySettledThroughIssuanceOfStock
162000
CY2012Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
963000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6379000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3539000
CY2013Q4 us-gaap Unsecured Debt
UnsecuredDebt
2580000
CY2013Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
346000
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
510000
CY2013Q4 us-gaap Secured Debt
SecuredDebt
22701000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19059000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
4165000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
170811000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
7506000
CY2013Q4 us-gaap Minority Interest
MinorityInterest
14894000
CY2013Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
4687000
CY2013Q4 us-gaap Notes Payable
NotesPayable
29968000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-164379000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
56879000
CY2013Q4 us-gaap Liabilities
Liabilities
37820000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2458000
CY2013Q4 us-gaap Assets
Assets
56879000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11895000
CY2013Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
39843000
CY2013Q4 us-gaap Other Assets
OtherAssets
2094000
CY2013Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
346000
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
843000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
243000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20599000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2825000
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-35000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20599000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1749000 shares
us-gaap Other Real Estate Period Increase Decrease
OtherRealEstatePeriodIncreaseDecrease
132000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
335000
us-gaap Interest Paid Net
InterestPaidNet
212000
us-gaap Home Building Revenue
HomeBuildingRevenue
23383000
us-gaap Gross Profit
GrossProfit
4856000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
123000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
19170000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
42000
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
7909000
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
120000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
158000
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
387000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
84000
us-gaap Profit Loss
ProfitLoss
1176000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
482000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
7000
us-gaap Operating Income Loss
OperatingIncomeLoss
1018000
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
84000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1176000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
66000
us-gaap Net Income Loss
NetIncomeLoss
-115000
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
372000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
42000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69000
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
23770000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1291000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2623000
us-gaap Interest Costs Incurred
InterestCostsIncurred
904000
us-gaap Home Building Costs
HomeBuildingCosts
18417000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3259000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
305000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4844000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
344000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
16235000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0
us-gaap Share Based Compensation
ShareBasedCompensation
278000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7872000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
957000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
203000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7909000
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
497000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
303000
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
205000
us-gaap Depreciation
Depreciation
25000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
334000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
279000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-116000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
chci Equity Method Investment Summarized Financial Information Cost And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostAndExpenses
36000
chci Amounts Drawn Against Letters Of Credit Or Performance Bonds
AmountsDrawnAgainstLettersOfCreditOrPerformanceBonds
0
chci Interest Incurred And Expensed For Inactive Projects Net
InterestIncurredAndExpensedForInactiveProjectsNet
73000
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
Comstock Holding Companies, Inc.
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001299969
chci Increase In Class Common Stock Par Value In Connection With Issuance Of Stock Compensation And Warrants Exercise
IncreaseInClassCommonStockParValueInConnectionWithIssuanceOfStockCompensationAndWarrantsExercise
8000
chci Impairment Reversal
ImpairmentReversal
722000
chci Interest And Real Estate Taxes Expensed As Component Of Cost Of Sales
InterestAndRealEstateTaxesExpensedAsComponentOfCostOfSales
2180000
chci Interest Expensed As Component Of Cost Of Sales
InterestExpensedAsComponentOfCostOfSales
1975000
chci Production Overhead Incurred And Expensed For Inactive Projects Net
ProductionOverheadIncurredAndExpensedForInactiveProjectsNet
224000
chci Real Estate Taxes Incurred And Capitalized
RealEstateTaxesIncurredAndCapitalized
96000
chci Ordinary Shares Withheld Under Share Based Compensation Value
OrdinarySharesWithheldUnderShareBasedCompensationValue
8000
chci Real Estate Taxes Incurred And Expensed For Inactive Projects Net
RealEstateTaxesIncurredAndExpensedForInactiveProjectsNet
47000
chci Interest And Real Estate Taxes Incurred And Capitalized
InterestAndRealEstateTaxesIncurredAndCapitalized
1000000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Segment
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21012000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M12D
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.04 pure
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3304000
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-132000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21012000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1010000 shares
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
274000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11290000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
29000
us-gaap Interest Paid Net
InterestPaidNet
-417000
us-gaap Home Building Revenue
HomeBuildingRevenue
19488000
us-gaap Gross Profit
GrossProfit
3861000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
45000
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
132000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
67000
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
266000
us-gaap Other Real Estate Period Increase Decrease
OtherRealEstatePeriodIncreaseDecrease
-3528000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
344000
us-gaap Profit Loss
ProfitLoss
-1512000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
880000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0
us-gaap Operating Income Loss
OperatingIncomeLoss
-1448000
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
73000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
62000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
5012000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1381000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
963000
us-gaap Net Income Loss
NetIncomeLoss
-3243000
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
296000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
37000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
202000
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
19754000
us-gaap Health Care Organization Expenses Net
HealthCareOrganizationExpensesNet
14000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1731000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3447000
us-gaap Interest Costs Incurred
InterestCostsIncurred
1080000
us-gaap Home Building Costs
HomeBuildingCosts
15715000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4207000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
142000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3568000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5000
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
131000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
112000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7081000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1097000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-209000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-313000
us-gaap Severance Costs1
SeveranceCosts1
597000
us-gaap Restructuring Charges
RestructuringCharges
480000
us-gaap Depreciation
Depreciation
48000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
178000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
12841000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48000
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
56000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
66000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
-5012000
us-gaap Share Based Compensation
ShareBasedCompensation
96000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
416000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
131000
chci Net Operating Loss Carry Forward Expiration Year Begin
NetOperatingLossCarryForwardExpirationYearBegin
2028
chci Equity Method Investment Summarized Financial Information Cost And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostAndExpenses
59000
chci Period For Which Warranty Claims Expected To Arise Under Statutorily Period
PeriodForWhichWarrantyClaimsExpectedToAriseUnderStatutorilyPeriod
P2Y
chci Period For Which Warranty Claims Expected To Arise
PeriodForWhichWarrantyClaimsExpectedToArise
P1Y
chci Amounts Drawn Against Letters Of Credit Or Performance Bonds
AmountsDrawnAgainstLettersOfCreditOrPerformanceBonds
0
chci Interest And Real Estate Taxes Expensed As Component Of Cost Of Sales
InterestAndRealEstateTaxesExpensedAsComponentOfCostOfSales
197000
chci Projects Units Minimum
ProjectsUnitsMinimum
75 Unit
chci Interest Expensed As Component Of Cost Of Sales
InterestExpensedAsComponentOfCostOfSales
141000
chci Production Overhead Incurred And Expensed For Inactive Projects Net
ProductionOverheadIncurredAndExpensedForInactiveProjectsNet
0
chci Real Estate Taxes Incurred And Capitalized
RealEstateTaxesIncurredAndCapitalized
104000
chci Ordinary Shares Withheld Under Share Based Compensation Value
OrdinarySharesWithheldUnderShareBasedCompensationValue
62000
chci Real Estate Taxes Incurred And Expensed For Inactive Projects Net
RealEstateTaxesIncurredAndExpensedForInactiveProjectsNet
5000
CY2013Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
11987000
CY2013Q2 us-gaap Gross Profit
GrossProfit
2316000
chci Number Of Semi Monthly Installment
NumberOfSemiMonthlyInstallment
36 Installment
chci Separation Agreement Date
SeparationAgreementDate
2014-06-24
chci Projects Units Maximum
ProjectsUnitsMaximum
200 Unit
chci Impairment Reversal
ImpairmentReversal
0
chci Interest Incurred And Expensed For Inactive Projects Net
InterestIncurredAndExpensedForInactiveProjectsNet
0
chci Impact Of Call Option In Stockholders Equity
ImpactOfCallOptionInStockholdersEquity
0
CY2013Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
700000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20674000 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
chci Interest And Real Estate Taxes Incurred And Capitalized
InterestAndRealEstateTaxesIncurredAndCapitalized
1184000
chci Increase In Class Common Stock Par Value In Connection With Issuance Of Stock Compensation And Warrants Exercise
IncreaseInClassCommonStockParValueInConnectionWithIssuanceOfStockCompensationAndWarrantsExercise
2000
chci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amount Remitted To Tax Authorities
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmountRemittedToTaxAuthorities
62000
CY2013Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-16000
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20674000 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2089000 shares
CY2013Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
120000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
131000
CY2013Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
226000
CY2013Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
44000
CY2013Q2 us-gaap Profit Loss
ProfitLoss
114000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-17000
CY2013Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
84000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
114000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-838000
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
42000
CY2013Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
12213000
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
952000
CY2013Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
439000
CY2013Q2 us-gaap Home Building Costs
HomeBuildingCosts
9621000
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1704000
CY2013Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
118000
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
511000
CY2013Q2 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
276000
CY2013Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
121000
CY2013Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
100000
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
130000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2013Q2 chci Equity Method Investment Summarized Financial Information Cost And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostAndExpenses
36000
CY2013Q2 chci Interest And Real Estate Taxes Expensed As Component Of Cost Of Sales
InterestAndRealEstateTaxesExpensedAsComponentOfCostOfSales
1171000
CY2013Q2 chci Interest Expensed As Component Of Cost Of Sales
InterestExpensedAsComponentOfCostOfSales
1071000
CY2013Q2 chci Production Overhead Incurred And Expensed For Inactive Projects Net
ProductionOverheadIncurredAndExpensedForInactiveProjectsNet
88000
CY2013Q2 chci Real Estate Taxes Incurred And Capitalized
RealEstateTaxesIncurredAndCapitalized
20000
CY2013Q2 chci Real Estate Taxes Incurred And Expensed For Inactive Projects Net
RealEstateTaxesIncurredAndExpensedForInactiveProjectsNet
14000
CY2013Q2 chci Interest And Real Estate Taxes Incurred And Capitalized
InterestAndRealEstateTaxesIncurredAndCapitalized
459000
CY2013Q2 chci Interest Incurred And Expensed For Inactive Projects Net
InterestIncurredAndExpensedForInactiveProjectsNet
16000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21089000 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2014Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
-98000
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21089000 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
822000 shares
CY2014Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
11657000
CY2014Q2 us-gaap Gross Profit
GrossProfit
2256000
CY2014Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
71000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12000
CY2014Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
143000
CY2014Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
306000
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-669000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-624000
CY2014Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
41000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-612000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-1664000
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21000
CY2014Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11800000
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
995000
CY2014Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
551000
CY2014Q2 us-gaap Home Building Costs
HomeBuildingCosts
9459000
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2318000
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3000
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
559000
CY2014Q2 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
85000
CY2014Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24000
CY2014Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
25000
CY2014Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-38000
CY2014Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000
CY2014Q2 chci Equity Method Investment Summarized Financial Information Cost And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostAndExpenses
30000
CY2014Q2 chci Interest And Real Estate Taxes Expensed As Component Of Cost Of Sales
InterestAndRealEstateTaxesExpensedAsComponentOfCostOfSales
114000
CY2014Q2 chci Interest Expensed As Component Of Cost Of Sales
InterestExpensedAsComponentOfCostOfSales
89000
CY2014Q2 chci Production Overhead Incurred And Expensed For Inactive Projects Net
ProductionOverheadIncurredAndExpensedForInactiveProjectsNet
0
CY2014Q2 chci Real Estate Taxes Incurred And Capitalized
RealEstateTaxesIncurredAndCapitalized
51000
CY2014Q2 chci Real Estate Taxes Incurred And Expensed For Inactive Projects Net
RealEstateTaxesIncurredAndExpensedForInactiveProjectsNet
3000
CY2014Q2 chci Interest And Real Estate Taxes Incurred And Capitalized
InterestAndRealEstateTaxesIncurredAndCapitalized
602000
CY2014Q2 chci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amount Remitted To Tax Authorities
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmountRemittedToTaxAuthorities
4000
CY2014Q2 chci Interest Incurred And Expensed For Inactive Projects Net
InterestIncurredAndExpensedForInactiveProjectsNet
0

Files In Submission

Name View Source Status
0001193125-14-308519-index-headers.html Edgar Link pending
0001193125-14-308519-index.html Edgar Link pending
0001193125-14-308519.txt Edgar Link pending
0001193125-14-308519-xbrl.zip Edgar Link pending
chci-20140630.xml Edgar Link completed
chci-20140630.xsd Edgar Link pending
chci-20140630_cal.xml Edgar Link unprocessable
chci-20140630_def.xml Edgar Link unprocessable
chci-20140630_lab.xml Edgar Link unprocessable
chci-20140630_pre.xml Edgar Link unprocessable
d747799d10q.htm Edgar Link pending
d747799dex1086.htm Edgar Link pending
d747799dex311.htm Edgar Link pending
d747799dex312.htm Edgar Link pending
d747799dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending