Comstock Holding Companies (CHCI) 10-Q 14 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 14, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	CHCI
Entity Registrant Name	Comstock Holding Companies, Inc.
Entity Central Index Key	1,299,969
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,028,225
Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		390,500

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 2,464	$ 12,448
Restricted cash	2,556	2,566
Trade receivables	514	332
Real estate inventories	48,189	38,223
Fixed assets, net	282	394
Other assets, net	2,570	4,515
TOTAL ASSETS	56,575	58,478
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued liabilities	12,155	7,638
Notes payable - secured by real estate inventories	24,848	24,823
Notes payable - due to affiliates, unsecured, net of discount	15,763	19,028
Notes payable - unsecured	1,161	1,548
Income taxes payable	21
TOTAL LIABILITIES	53,948	53,037
Commitments and contingencies (Note 8)
STOCKHOLDERS' EQUITY (DEFICIT)
Additional paid-in capital	176,078	175,963
Accumulated deficit	(180,464)	(175,785)
TOTAL COMSTOCK HOLDING COMPANIES, INC. DEFICIT	(5,762)	(1,276)
Non-controlling interests	8,389	6,717
TOTAL EQUITY	2,627	5,441
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	56,575	58,478
Series B Preferred Stock [Member]
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock	1,252	1,174
Class A [Member]
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock	30	30
Treasury stock, at cost (85,570 shares Class A common stock)	(2,662)	(2,662)
Class B [Member]
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock	$ 4	$ 4

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Series B Preferred Stock [Member]
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred Stock, liquidation value	$ 4,120	$ 3,861
Preferred Stock, shares issued	824,058	772,210
Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	11,038,071	11,038,071
Common stock, shares issued	3,028,225	2,997,437
Common stock, shares outstanding	3,028,225	2,997,437
Treasury stock, shares	85,570	85,570
Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	390,500	390,500
Common stock, shares issued	390,500	390,500
Common stock, shares outstanding	390,500	390,500

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Revenue-homebuilding	$ 12,880	$ 12,043	$ 32,102	$ 34,168
Revenue-other	223	245	685	1,001
Total revenue	13,103	12,288	32,787	35,169
Expenses
Cost of sales-homebuilding	11,985	10,749	29,815	29,933
Cost of sales-other	85	103	329	456
Impairment charges and recovery, net	91		91
Sales and marketing	427	498	1,313	1,412
General and administrative	1,236	1,853	4,151	5,686
Interest and real estate tax expense	133	100	655	426
Operating loss	(854)	(1,015)	(3,567)	(2,744)
Other income, net	98	28	119	802
Loss before income tax expense	(756)	(987)	(3,448)	(1,942)
Income tax (expense) benefit	0	(36)	(57)	(23)
Net loss	(756)	(1,023)	(3,505)	(1,965)
Net income attributable to non-controlling interests	290	68	1,174	877
Net loss attributable to Comstock Holding Companies, Inc.	(1,046)	(1,091)	(4,679)	(2,842)
Paid-in-kind dividends on Series B Preferred Stock	87		259
Net loss attributable to common stockholders	$ (1,133)	$ (1,091)	$ (4,938)	$ (2,842)
Basic net loss per share	$ (0.34)	$ (0.33)	$ (1.49)	$ (0.90)
Diluted net loss per share	$ (0.34)	$ (0.33)	$ (1.49)	$ (0.90)
Basic weighted average shares outstanding	3,326	3,284	3,317	3,166
Diluted weighted average shares outstanding	3,326	3,284	3,317	3,166

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net loss	$ (3,505)	$ (1,965)
Adjustment to reconcile net loss to net cash used in operating activities
Amortization of loan discount, loan commitment and deferred financing fees	832	240
Deferred income tax benefit	7	(79)
Depreciation expense	144	109
Gain on derivative		(696)
Earnings from unconsolidated joint venture, net of distributions	25	(9)
Stock compensation	56	193
Impairment charges	813
Changes in operating assets and liabilities:
Restricted cash	42	(259)
Trade receivables	(182)	(409)
Real estate inventories	(9,953)	(8,231)
Other assets	527	401
Accrued interest	391	694
Accounts payable and accrued liabilities	4,560	2,702
Income taxes payable	21	(43)
Net cash used in operating activities	(6,222)	(7,352)
Cash flows from investing activities:
Purchase of fixed assets	(32)	(168)
Principal received on note receivable	26	27
Restricted cash	(32)	(450)
Net cash used in investing activities	(38)	(591)
Cash flows from financing activities:
Proceeds from notes payable	24,157	27,367
Payments on notes payable	(28,390)	(26,258)
Loan financing costs	(70)	(92)
Distributions to non-controlling interests	(4,413)	(1,150)
Contributions from non-controlling interests	5,000	2,450
Taxes paid related to net share settlement of equity awards	(8)	(32)
Repurchase of stock		(79)
Net cash (used in) provided by financing activities	(3,724)	2,206
Net decrease in cash and cash equivalents	(9,984)	(5,737)
Cash and cash equivalents, beginning of period	12,448	7,498
Cash and cash equivalents, end of period	2,464	1,761
Supplemental cash flow information:
Interest paid, net of interest capitalized	(44)	(245)
Income taxes paid		319
Supplemental disclosure for non-cash activity:
Increase in class A common stock par value in connection with issuance of stock compensation		1
Increase in class A common stock par value in connection with CGF Private Placement		2
Increase in additional paid-in capital in connection with issuance of class A common stock under the CGF Private Placement		903
Discount on notes payable		(543)
Accrued liability settled through issuance of stock	43	$ 75
Paid in-kind dividends	$ 78

Organization and Basis of Prese

Organization and Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	1. ORGANIZATION AND BASIS OF PRESENTATION The accompanying unaudited financial statements of Comstock Holding Companies, Inc. and subsidiaries (“Comstock” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Such financial statements do not include all of the information and disclosures required by GAAP for complete financial statements. In our opinion, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation have been included in the accompanying financial statements. For further information and a discussion of our significant accounting policies, other than discussed below, refer to our audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015. Comstock Holding Companies, Inc., incorporated in 2004 as a Delaware corporation, is a multi-faceted real estate development and construction services company focused in the Washington, D.C. metropolitan area (Washington, D.C., Northern Virginia and Maryland suburbs of Washington, D.C.). We have substantial experience with building a diverse range of products, including multi-family homes, single-family homes, townhouses, mid-rise condominiums, high-rise multi-family condominiums and mixed-use (residential and commercial) developments. References in this Form 10-Q to “Comstock,” “Company,” “we,” “our” and “us” refer to Comstock Holding Companies, Inc. together in each case with our subsidiaries and any predecessor entities unless the context suggests otherwise. The Company’s Class A common stock is traded on the NASDAQ Capital Market under the symbol “CHCI” and has no public trading history prior to December 17, 2004. On September 25, 2015, the Company effected a 1-for-7 reverse stock split of its issued and outstanding shares of Class A common stock and Class B common stock. The Company’s Class A common stock continued trading on The NASDAQ Capital Market on a post-split basis on September 28, 2015. Throughout this quarterly report on Form 10-Q, a reference to a number of shares of the Company’s common stock, refers to the number of shares of common stock after giving effect to the reverse stock split, unless otherwise indicated. For the three and nine months ended September 30, 2016 and 2015, comprehensive loss equaled net loss; therefore, a separate statement of comprehensive loss is not included in the accompanying consolidated financial statements. Liquidity and Capital Resources We require capital to operate, to post deposits on new potential acquisitions, to purchase and develop land, to construct homes, to fund related carrying costs and overhead and to fund various advertising and marketing programs to generate sales. These expenditures include payroll, community engineering, entitlement, architecture, advertising, utilities and interest as well as the construction costs of our homes. Our sources of capital include, and we believe will continue to include, private equity and debt placements (which has included significant participation from Company insiders), funds derived from various secured and unsecured borrowings to finance acquisition, development and construction on acquired land, cash flow from operations, which includes the sale and delivery of constructed homes, finished and raw building lots and the potential sale of public debt and equity securities. The Company is involved in ongoing discussions with lenders and equity sources in an effort to provide additional growth capital to fund various new business opportunities. See Note 13 in the accompanying consolidated financial statements for more details on our credit facilities and Note 11 in the accompanying consolidated financial statements for details on private placement offerings. We have outstanding borrowings with various financial institutions and other lenders that have been used to finance the acquisition, development and construction of real estate projects. The Company has generally financed its development and construction activities on a single or multiple project basis so it is not uncommon for each of our projects or collection of our projects to have a separate credit facility. Accordingly, the Company typically has had numerous credit facilities and lenders. As of September 30, 2016, the Company has $10.0 million of its credit facilities and project related loans scheduled to mature during the remainder of 2016. We are in active discussions with our lenders seeking long term extensions and modifications to these loans. These debt instruments impose certain restrictions on our operations, including speculative unit construction limitations, curtailment obligations, and financial covenant compliance. If we fail to comply with any of these restrictions, an event of default could occur. Additionally, events of default could occur if we fail to make required debt service payments or if we fail to come to agreement on an extension on a certain facility prior to a given loan’s maturity date. Any event of default would likely render the obligations under these instruments due and payable as of that event. Any such event of default would allow certain of our lenders to exercise cross default provisions in our loan agreements with them, such that all debt with that institution could be called into default. We are anticipating that with the successful resolution of the debt extension discussions with our lenders, capital raises from our recent private placement, current available cash on hand, and additional cash from settlement proceeds at existing and under development communities, the Company will have sufficient financial resources to sustain its operations through the next 12 months, though no assurances can be made that the Company will be successful in its efforts. The Company will also continue to focus on its cost structure in an effort to conserve cash and manage expenses. Such actions may include cost reductions and/or deferral arrangements with respect to current operating expenses. Recent Developments On October 24, 2016, Comstock Redland Road II, L.C., a subsidiary of the Company, entered into a Purchase and Sale Agreement with Momentum Apartments, LLC for the sale of multi-family property located in Rockville, Maryland. The Agreement provides for a purchase price of $3.5 million. The Company expects to close on the sale of the property in the second quarter of 2017. Use of Estimates Our financial statements have been prepared in accordance with GAAP. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts for the reporting periods. We base these estimates and judgments on historical experience and on various other factors that we believe to be reasonable under the circumstances. We evaluate these estimates and judgements on an ongoing basis. Actual results may differ from those estimates under different assumptions or conditions. Recently Issued Accounting Standards In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (“ASU 2016-02”). The core principle of the standard is that a lessee should recognize the assets and liabilities that arise from leases. A lessee should recognize in its statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. ASU 2016-02 is effective for public companies for annual reporting periods beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (“ASU 2016-08”). The core principle of the standard is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2016-08 is effective for public companies for annual reporting periods beginning after December 15, 2017, and early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (“ASU 2016-09”). The standard simplifies and clarifies certain aspects of share-based payment accounting and presentation. ASU 2016-09 is effective for public companies for annual reporting periods beginning after December 15, 2016 and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice for certain cash receipts and cash payments. The amendments in this guidance are effective for public companies for annual reporting periods beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. We assessed other accounting pronouncements issued or effective during the nine months ended September 30, 2016 and deemed they were not applicable to us and are not anticipated to have a material effect on our consolidated financial statements.

Real Estate Inventories

Real Estate Inventories	9 Months Ended
	Sep. 30, 2016
Real Estate [Abstract]
Real Estate Inventories	2. REAL ESTATE INVENTORIES After impairments and write-offs, real estate held for development and sale consists of the following: September 30, December 31, Land and land development costs $ 32,527 $ 22,896 Cost of construction (including capitalized interest and real estate taxes) 15,662 15,327 $ 48,189 $ 38,223

Warranty Reserve

Warranty Reserve	9 Months Ended
	Sep. 30, 2016
Guarantees [Abstract]
Warranty Reserve	3. WARRANTY RESERVE Warranty reserves for units settled are established to cover potential costs for materials and labor with regard to warranty-type claims expected to arise during the typical one-year warranty period provided by the Company or within the two-year statutorily mandated structural warranty period for condominiums. Because the Company typically subcontracts its homebuilding work, subcontractors are required to provide the Company with an indemnity and a certificate of insurance prior to receiving payments for their work. Claims relating to workmanship and materials are generally the primary responsibility of the subcontractors and product manufacturers. The warranty reserve is established at the time of closing, and is calculated based upon historical warranty cost experience and current business factors. This reserve is an estimate and actual warranty costs could vary from these estimates. Variables used in the calculation of the reserve, as well as the adequacy of the reserve based on the number of homes still under warranty, are reviewed on a periodic basis. Warranty claims are directly charged to this reserve as they arise. The following table is a summary of warranty reserve activity which is included in accounts payable and accrued liabilities within the consolidated balance sheets: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Balance at beginning of period $ 294 $ 294 $ 312 $ 492 Additions 111 48 197 140 Releases and/or charges incurred (46 ) (80 ) (150 ) (370 ) Balance at end of period $ 359 $ 262 $ 359 $ 262

Capitalized Interest and Real E

Capitalized Interest and Real Estate Taxes	9 Months Ended
	Sep. 30, 2016
Text Block [Abstract]
Capitalized Interest and Real Estate Taxes	4. CAPITALIZED INTEREST AND REAL ESTATE TAXES Interest and real estate taxes incurred relating to the development of lots and parcels are capitalized to real estate inventories during the active development period, which generally commences when borrowings are used to acquire real estate assets and ends when the properties are substantially complete or the property becomes inactive. A project becomes inactive when development and construction activities have been suspended indefinitely. Interest is capitalized based on the interest rate applicable to specific borrowings or the weighted average of the rates applicable to other borrowings during the period. Interest and real estate taxes capitalized to real estate inventories are expensed as a component of cost of sales as related units are sold. The following table is a summary of interest and real estate taxes incurred and capitalized and interest and real estate taxes expensed for units settled: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Total interest incurred and capitalized $ 811 $ 887 $ 2,404 $ 2,514 Total real estate taxes incurred and capitalized 53 125 170 314 Total interest and real estate taxes incurred and capitalized $ 864 $ 1,012 $ 2,574 $ 2,828 Interest expensed as a component of cost of sales $ 579 $ 471 $ 1,285 $ 1,227 Real estate taxes expensed as a component of cost of sales 64 64 165 156 Interest and real estate taxes expensed as a component of cost of sales $ 643 $ 535 $ 1,450 $ 1,383 The amount of interest from entity level borrowings that we are able to capitalize in accordance with Accounting Standards Codification (“ASC”) 835 is dependent upon the average accumulated expenditures that exceed project specific borrowings. Additionally, when a project becomes inactive, its interest, real estate taxes and indirect production overhead costs are no longer capitalized but rather expensed in the period they are incurred. The following is a breakdown of the interest and real estate taxes expensed in the consolidated statements of operations for the periods presented: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Interest incurred and expensed from entity level borrowings $ 133 $ 97 $ 645 $ 414 Interest incurred and expensed for inactive projects — — 5 4 Real estate taxes incurred and expensed for inactive projects — 3 5 8 $ 133 $ 100 $ 655 $ 426

Loss Per Share

Loss Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Loss Per Share	5. LOSS PER SHARE The weighted average shares and share equivalents used to calculate basic and diluted income per share for the three and nine months ended September 30, 2016 and 2015 are presented in the accompanying consolidated statements of operations. Restricted stock awards, stock options and warrants for the three and nine months ended September 30, 2016 and 2015 are included in the diluted earnings per share calculation using the treasury stock method and average market prices during the periods, unless their inclusion would be anti-dilutive. As a result of net losses for the three and nine months ended September 30, 2016 and 2015, respectively, the following shares have been excluded from the diluted share computation as their inclusion would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Restricted stock awards — 5 — 7 Stock options — — — 7 Warrants — — — 1 — 5 — 15

Segment Disclosures

Segment Disclosures	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Disclosures	6. SEGMENT DISCLOSURES We operate our business through three segments: Homebuilding, Multi-family, and Real Estate Services. We are currently focused on the Washington, D.C. area market. In our Homebuilding segment, we develop properties with the intent to sell as fee-simple properties or condominiums to individual buyers or to private or institutional investors. Our for-sale products are designed to attract first-time, early move-up, and secondary move-up buyers. We focus on products that we are able to offer for sale in the middle price points within the markets where we operate, avoiding the very low-end and high-end products. In our Multi-family segment, we focus on projects ranging from approximately 75 to 200 units in locations that are supply constrained with demonstrated demand for stabilized assets. We seek opportunities in the multi-family rental market where our experience and core capabilities can be leveraged. We will either position the assets for sale when completed or operate the asset within our own portfolio. Operating the asset for our own account affords us the flexibility of converting the units to condominiums in the future. In our Real Estate Services segment, we pursue projects in all aspects of real estate management, including strategic planning, land development, entitlement, property management, sales and marketing, workout and turnaround strategies, financing and general construction. We are able to provide a wide range of construction management and general contracting services to other property owners. The following table includes the Company’s three reportable segments of Homebuilding, Multi-family, and Real Estate Services. Each of these segments operates within the Company’s single Washington, D.C. area reportable geographic segment. Homebuilding Multi-family Real Total Three Months Ended September 30, 2016 Gross revenue $ 12,880 $ — $ 223 $ 13,103 Gross profit 895 — 138 1,033 Net (loss) income (894 ) — 138 (756 ) Depreciation and amortization 89 — — 89 Interest expense 133 — — 133 Total assets 56,427 — 148 56,575 Three Months Ended September 30, 2015 Gross revenue $ 12,043 $ — $ 245 $ 12,288 Gross profit 1,294 — 142 1,436 Net (loss) income (1,165 ) — 142 (1,023 ) Depreciation and amortization 122 — — 122 Interest expense 97 — — 97 Total assets 59,251 — 301 59,552 Nine Months Ended September 30, 2016 Gross revenue $ 32,102 $ — $ 685 $ 32,787 Gross profit 2,287 — 356 2,643 Net (loss) income (3,861 ) — 356 (3,505 ) Depreciation and amortization 144 — — 144 Interest expense 650 — — 650 Total assets 56,427 — 148 56,575 Nine Months Ended September 30, 2015 Gross revenue $ 34,168 $ — $ 1,001 $ 35,169 Gross profit 4,235 — 545 4,780 Net (loss) income (2,510 ) — 545 (1,965 ) Depreciation and amortization 327 — — 327 Interest expense 418 — — 418 Total assets 59,251 — 301 59,552 The Company allocates sales, marketing and general and administrative expenses to the individual segments based upon specifically allocable costs.

Income Tax

Income Tax	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Tax	7. INCOME TAX During the three and nine months ended September 30, 2016, the Company recognized income tax expense of $0 and $57, respectively, and as of September 30, 2016 the effective tax rate is 2%. During the three months ended September 30, 2015, the Company recognized income tax expense of $36. During the nine months ended September 30, 2015, the Company recorded a net income tax expense of $23, which resulted from an out of period adjustment to reverse the valuation allowance, resulting in the recognition of a deferred tax benefit of $121, offset by income tax expense of $144, both related to the New Hampshire Avenue project in Washington, D.C. Because this error was not material to any previously filed consolidated financial statements and the impact of correcting this error in 2015 was not material, the Company recorded the correction in the first quarter of 2015. The effective tax rate for the three and nine months ended September 30, 2015 was 3% and 1%, respectively. The Company has not recorded any accruals related to uncertain tax positions as of September 30, 2016 and 2015. We file U.S. and state income tax returns in jurisdictions with varying statutes of limitations. The 2012 through 2015 tax years remain subject to examination by federal and most state tax authorities.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. COMMITMENTS AND CONTINGENCIES Litigation Currently, we are not subject to any material legal proceedings. From time to time, however, we are named as a defendant in legal actions arising from our normal business activities. Although we cannot accurately predict the amount of our liability, if any, that could arise with respect to legal actions pending against us; we do not expect that any such liability will have a material adverse effect on our financial position, operating results and cash flows. We believe that we have obtained adequate insurance coverage, rights to indemnification, or where appropriate, have established appropriate reserves in connection with any such legal proceedings. Letters of credit, performance bonds and compensating balances The Company has commitments as a result of contracts with certain third parties, primarily local governmental authorities, to meet certain performance criteria outlined in such contracts. The Company is required to issue letters of credit and performance bonds to these third parties as a way of ensuring that the commitments entered into are met. These letters of credit and performance bonds issued in favor of the Company and/or its subsidiaries mature on a revolving basis, and if called into default, would be deemed material if assessed against the Company and/or its subsidiaries for the full amounts claimed. In some circumstances, we have negotiated with our lenders in connection with foreclosure agreements for the lender to assume certain liabilities with respect to the letters of credit and performance bonds. We cannot accurately predict the amount of any liability that could be imposed upon the Company with respect to maturing or defaulted letters of credit or performance bonds. At September 30, 2016 and 2015, the Company had $1.4 million and $3.5 million in outstanding letters of credit, respectively. At September 30, 2016 and 2015, the Company had $4.3 million and $5.0 million in outstanding performance and payment bonds, respectively. No amounts have been drawn against the outstanding letters of credit or performance bonds. We are required to maintain compensating balances in escrow accounts as collateral for certain letters of credit, which are funded upon settlement and release of units. The cash contained within these escrow accounts is subject to withdrawal and usage restrictions. As of September 30, 2016 and December 31, 2015, we had approximately $1.0 million in these escrow accounts, which are included in ‘Restricted cash’ in the accompanying consolidated balance sheets.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	9. RELATED PARTY TRANSACTIONS The Company leases its corporate headquarters from an affiliated entity that is wholly-owned by our Chief Executive Officer. Future minimum lease payments under this lease are as follows: 2016 $ 84 2017 167 Total $ 251 For the three months ended September 30, 2016 and 2015, total payments made under this lease agreement were $84 and $81, respectively. For the nine months ended September 30, 2016 and 2015, total payments made under this lease agreement were $246 and $239, respectively. On February 23, 2009, Comstock Homes of Washington, L.C., a wholly-owned subsidiary of the Company, entered into a Services Agreement with Comstock Asset Management, L.C., an entity wholly-owned by our Chief Executive Officer, to provide services related to real estate development and improvements, including legal, accounting, marketing, information technology and other additional support services. For the three months ended September 30, 2016 and 2015, the Company billed Comstock Asset Management, L.C. $222 and $244, respectively, for services and out-of-pocket expenses. For the nine months ended September 30, 2016 and 2015, the Company billed Comstock Asset Management, L.C. $684 and $617, respectively, for services and out-of-pocket expenses incurred. Revenues from this arrangement are included within ‘Revenue – other’ in the accompanying consolidated statements of operations. As of September 30, 2016 and December 31, 2015, the Company was owed $145 and $81, respectively, under this contract, which is included in ‘Trade receivables’ in the accompanying consolidated balance sheets. On October 17, 2014, Comstock Growth Fund (“CGF”), an administrative entity managed by the Company, entered into a subscription agreement with Comstock Development Services, LC (“CDS”), an entity wholly-owned by our Chief Executive Officer, pursuant to which CDS purchased membership interests in CGF for a principal amount of $10 million. Other purchasers who purchased interests in the private placement included members of the Company’s management and board of directors and other third-party, accredited investors for an additional principal amount of $6.2 million (the “CGF Private Placement”). Simultaneously, on October 17, 2014, the Company entered into an unsecured promissory note with CGF whereby CGF made a loan to the Company in the initial principal amount of $10 million and a maximum capacity of up to $20 million. On December 18, 2014, the loan agreement was amended and restated to provide for a maximum capacity of $25 million. All of the other terms of the unsecured promissory note remained the same. The Company borrowed an additional principal loan amount of $6.2 million under the amended and restated CGF promissory note bringing the total aggregate principal amount borrowed to $16.2 million. The CGF loan has a three year term carrying a floating interest rate of LIBOR plus 9.75% with a 10% floor. The loan requires an annual principal repayment in the amount of 10% of the average outstanding balance and a monthly interest payment that will be made in arrears. Purchasers other than CDS who purchased membership interests in CGF received warrants that represent the right to purchase an amount of shares of our Class A common stock, depending upon the investment amount. As of September 30, 2016 and December 31, 2015, there were 76 warrants issued in connection with the CGF Private Placement outstanding, representing the right to purchase shares of our Class A common stock having an aggregate fair value of $433, which was considered as a debt discount. The Company amortizes the debt discount over the three year term of the loan to interest expense. As of September 30, 2016, $12.6 million was outstanding in principal and accrued interest, net of discounts, on the CGF loan. For the three months ended September 30, 2016 and 2015, the Company made interest payments of $0.4 million and $0.3 million, respectively, on the CGF loan. For the nine months ended September 30, 2016 and 2015, the Company made interest payments of $1.2 million and $1.1 million, respectively, on the CGF loan. On December 18, 2014, CGF entered into amended and restated subscription agreements with CDS, members of the Company’s management and board of directors and the other third party accredited investors who participated in the CGF Private Placement (the “Amended CGF Private Placement”). Under the Amended CGF Private Placement, in addition to the warrants described above, the Company entered into a commitment to grant 226,857 shares of our Class A common stock to the purchasers in the Amended CGF Private Placement. On May 12, 2015, the Company issued 226,857 un-registered shares of its Class A common stock to the purchasers in the Amended CGF Private Placement. The Amended CGF Private Placement was closed for additional investments on May 15, 2015. On December 29, 2015, the Company and Stonehenge Funding, L.C. (“Stonehenge”), an entity wholly owned by our Chief Executive Officer, entered into a Note Exchange and Subscription Agreement pursuant to which the note in the original principal amount of $4,500 issued to the Company by Stonehenge was exchanged for 772,210 shares of the Company’s Series B Non-Convertible Preferred Stock, par value $0.01 per share and a stated value of $5.00 per share (the “Series B Preferred Stock”). The number of shares of Series B Preferred Stock received by Stonehenge in exchange for the note represented the principal amount outstanding plus accrued interest under the note as of December 29, 2015, which was $3,861. The note was cancelled in its entirety on December 29, 2015. The holders of Series B Preferred Stock earn dividends at a rate of 8.75% per annum accruing from the effective date of the Note Exchange and Subscription Agreement. The dividends accrue whether or not declared. The dividends are also cumulative and payable quarterly in arrears at the last day of each quarterly reporting period in the form of additional Series B Preferred Stock (PIK) or in the sole discretion of the board of directors, in cash. For the three and nine months ended September 30, 2016, 17,411 and 51,848 shares of the Series B Preferred Stock, respectively, with a liquidation value of $87 and $259, respectively, were paid in-kind, and are included in ‘Stockholders’ equity’ in the accompanying consolidated balance sheets. On December 29, 2015, Comstock Growth Fund II, L.C. (“CGF II”), an administrative entity managed by the Company was created for the purpose of extending loans to the Company. CGF II entered into a subscription agreement with CDS pursuant to which CDS purchased membership interests in CGF II for an initial aggregate principal amount of $5.0 million (the “CGF II Private Placement”). Simultaneously, on December 29, 2015, the Company and CGF II entered into an unsecured revolving line of credit promissory note in the initial principal amount of $5.0 million and a maximum amount available for borrowing of up to $10.0 million with a two year term, which may be extended an additional year. The interest rate is 10% per annum, and interest payments will be accrued and paid in-kind monthly for the first year, and then paid current monthly in arrears beginning December 31, 2016. As of September 30, 2016 and December 31, 2015, $3.2 million and $5.0 million, respectively, was outstanding in principal and accrued interest on the CGF II loan. See Note 11 to the consolidated financial statements for a description of the Comstock VII, Comstock VIII, Comstock IX, and Comstock X Private Placements and Note 13 to the consolidated financial statements for a description of the CGF Private Placement and the CGF II Private Placement.

Note Receivable

Note Receivable	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Note Receivable	10. NOTE RECEIVABLE The Company originated a note receivable to a third party in the amount of $180 in September 2014. This note has a maturity date of September 2, 2019 and is payable in monthly installments of principal and interest of $3. This note bears a fixed interest rate of 6% per annum. As of September 30, 2016 and December 31, 2015, the outstanding balance of the note was $115 and $141, respectively, and is included within ‘Other assets’ in the accompanying consolidated balance sheets. The interest income of $2 for the three months ended September 30, 2016 and 2015, is included in ‘Other income, net’ in the consolidated statements of operations. The interest income of $6 and $7 for the nine months ended September 30, 2016 and 2015, respectively, is included in ‘Other income, net’ in the consolidated statements of operations.

Variable Interest Entity

Variable Interest Entity	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entity	11. VARIABLE INTEREST ENTITY Included within the Company’s real estate inventories at September 30, 2016 and December 31, 2015 are several projects that are determined to be variable interest entities (“VIEs”). These entities have been established to own and operate real estate property and were deemed VIEs primarily based on the fact that the equity investment at risk is not sufficient to permit the entities to finance their activities without additional financial support. The Company determined that it was the primary beneficiary of these VIEs as a result of its majority voting and complete operational control of the entities. On August 23, 2012, the Company formed New Hampshire Ave. Ventures, LLC, a joint venture of its subsidiary, Comstock Ventures XVI, L.C., and 6000 New Hampshire Avenue, LLC, for the purpose of acquiring, developing and constructing a 111-unit project (the “NHA Project”) in Washington, D.C. The Company evaluated the joint venture and determined that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support. The Company determined that it was the primary beneficiary of the VIE as a result of its complete operational control of the activities that most significantly impact the economic performance and obligation to absorb losses, or receive benefits. The Company contributed its ownership interest in Comstock Ventures XVI, L.C. to Comstock Investors VII, L.C. (“Comstock VII”) on March 13, 2013. During the nine months ended September 30, 2016 and 2015, New Hampshire Ave. Ventures, LLC distributed $1.9 million and $1.1 million, respectively, to its non-controlling interest member, 6000 New Hampshire Avenue, LLC. On September 27, 2012, the Company formed Comstock Eastgate, L.C., a joint venture of the Company and BridgeCom Development II, LLC, for the purpose of acquiring, developing and constructing 66 condominium units in Loudoun County, Virginia. The Company evaluated the joint venture and determined that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support. The Company determined that it was the primary beneficiary of the VIE as a result of its complete operational control of the activities that most significantly impact the economic performance and obligation to absorb losses, or receive benefits. During the nine months ended September 30, 2016, no distributions were made to the non-controlling interest member, BridgeCom Development II, LLC. During the nine months ended September 30, 2015, Comstock Eastgate, L.C. distributed $50 to its non-controlling interest member. The Company exited the Eastgate project in the second quarter of 2014 after closing on all 66 units. In March 2013, Comstock Investors VII entered into subscription agreements with certain accredited investors (“Comstock VII Class B Members”) pursuant to which the Comstock VII Class B Members purchased membership interests in Comstock VII for an aggregate amount of $7.3 million (the “Comstock VII Private Placement”). Comstock VII Class B Members included unrelated third-party accredited investors along with members of the Company’s board of directors and the former Chief Financial Officer, the General Counsel and the former Chief Operating Officer, of the Company. The proceeds from the Comstock VII Private Placement were used for the construction of the Company’s following projects: Townes at Shady Grove Metro in Rockville, Maryland consisting of 36 townhomes, Momentum | Shady Grove consisting of 117 condominium units, City Homes at the Hampshires in Washington, D.C. consisting of 38 single family residences, Townes at the Hampshires in Washington, D.C. consisting of 73 townhomes, Single Family Homes at the Falls Grove project in Prince William County, Virginia consisting of 19 single family homes and Townes at the Falls Grove project in Prince William County consisting of 110 townhomes (collectively, the “Investor VII Projects”). In connection with the Comstock VII Private Placement, the Company issued 17 warrants for the purchase of shares of the Company’s Class A common stock to the non-affiliated accredited investors, having an aggregate fair value of $146. In October 2014, the Company fully redeemed the equity interest of the Comstock VII Class B Members. In December 2013, Comstock Investors VIII, L.C. (“Comstock VIII”) entered into subscription agreements with certain accredited investors (“Comstock VIII Class B Members”), pursuant to which Comstock VIII Class B Members purchased membership interests in Comstock VIII for an aggregate amount of $4.0 million (the “Comstock VIII Private Placement”). In connection with the Comstock VIII Private Placement, the Company issued 15 warrants for the purchase of shares of the Company’s Class A common stock to the non-affiliated accredited investors, having an aggregate fair value of $131. Comstock VIII Class B Members included unrelated third-party accredited investors along with members of the Company’s board of directors and the Company’s former Chief Financial Officer and the Company’s former Chief Operating Officer. The Comstock VIII Class B Members are entitled to a cumulative, preferred return of 20% per annum, compounded annually on their capital account balances. The Company has the right to repurchase the interests of the Comstock VIII Class B Members at any time, provided that (i) all of the Comstock VIII Class B Members’ interests are acquired, (ii) the purchase is made in cash and (iii) the purchase price equals the Comstock VIII Class B Members’ capital accounts plus an amount necessary to cause the preferred return to equal a cumulative cash on cash return equal to 20% per annum. The proceeds from the Comstock VIII Private Placement are being used for the current and planned construction of the following projects: The Townes at HallCrest in Sterling, Virginia consisting of 42 townhome units and Townes at Maxwell Square Condominium in Frederick, Maryland consisting of 45 townhome condominium units (collectively, the “Investor VIII Projects”). Proceeds of the Comstock VIII Private Placement are being utilized (A) to provide capital needed to complete the Investor VIII Projects in conjunction with project financing for the Investor VIII Projects, (B) to reimburse the Company for prior expenditures incurred on behalf of the Investor VIII Projects, and (C) for general corporate purposes of the Company. The Company evaluated Comstock VIII and determined that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support and the Company was the primary beneficiary of the VIE as a result of its complete operational control of the activities that most significantly impact the economic performance and its obligation to absorb losses, or receive benefits. Accordingly, the Company consolidates this entity. During the nine months ended September 30, 2016, the Company paid distributions in the amount of $2.5 million, to its non-controlling interest member, Comstock VIII Class B Members. No distributions were paid to the Comstock VIII Class B Members during the nine months ended September 30, 2015. In June 2015, Comstock Investors IX, L.C. (“Comstock IX”) entered into subscription agreements with third-party accredited investors (“Comstock IX Class B Members”), pursuant to which Comstock IX Class B Members purchased membership interests in Comstock IX for an aggregate amount of $2.5 million (the “Comstock IX Private Placement”). Comstock IX Class B Members included unrelated third-party accredited investors. The Comstock IX Class B Members are entitled to a cumulative, preferred return of 20% per annum, compounded annually on their capital account balances. The Company has the right to repurchase the interests of the Comstock IX Class B Members at any time, provided that (i) all of the Comstock IX Class B Members’ interests are acquired, (ii) the purchase is made in cash and (iii) the purchase price equals the Comstock IX Class B Members’ capital accounts plus any amount necessary to cause the preferred return to equal a cumulative cash on cash return equal to 20% per annum. The proceeds from the Comstock IX Private Placement are being utilized (A) for the current and planned construction of the Stone Ridge project of 35 single family homes in Loudoun County Virginia; (B) to reimburse the Company for prior expenditures incurred on behalf of the Stone Ridge project; and (C) for general corporate purposes of the Company. The Company evaluated Comstock IX and determined that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support and the Company was the primary beneficiary of the VIE as a result of its complete operational control of the activities that most significantly impact the economic performance and its obligation to absorb losses or receive benefits. Accordingly, the Company consolidates this entity. No distributions have been paid to the Comstock IX Class B Members through September 30, 2016. In August 2016, Comstock Investors X, L.C. (“Comstock X”) entered into a subscription agreement with an accredited investor (“Comstock X Class B Member”), pursuant to which the Comstock X Class B Member purchased membership interests in Comstock X for an initial amount of $5.0 million, which is part of an aggregate capital raise of $14.5 million (the “Comstock X Private Placement”). The Comstock X Class B Member is CDS, an entity wholly owned by our Chief Executive Officer. In October 2016, CDS purchased additional interests in the Comstock X Private Placement in an amount of $9.5 million resulting in an aggregate subscription amount of $14.5 million. In connection with the Comstock X Private Placement, the Company issued a total of 150 warrants for the purchase of shares of the Company’s Class A common stock, having an aggregate fair value of $258. The Comstock X Member is entitled to a cumulative, preferred return of 6% per annum, compounded annually on the capital account balance. The Company has the right to repurchase the interest of the Comstock X Class B Member at any time, provided that (i) all of the Comstock X Class B Members’ interest is acquired, (ii) the purchase is made in cash and (iii) the purchase price equals the Comstock X Class B Members’ capital account plus accrued priority return. The proceeds from the Comstock X Private Placement are being used for the current and planned construction of the following projects: The Townes at Totten Mews, consisting of 40 townhomes in Washington, D.C., and The Towns at 1333, consisting of 18 townhomes in the City of Alexandria, Virginia (collectively, the “Investor X Projects”). Proceeds of the Comstock X Private Placement are being utilized (A) to provide capital needed to complete the Investor X Projects, (B) to reimburse the Company for prior expenditures incurred on behalf of the Investor X Projects, and (C) for general corporate purposes of the Company. The Company evaluated Comstock X and determined that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support and the Company was the primary beneficiary of the VIE as a result of its complete operational control of the activities that most significantly impact the economic performance and its obligation to absorb losses, or receive benefits. Accordingly, the Company consolidates this entity. The distributions to and contributions from the VIEs discussed above are included within the ‘non-controlling interest’ in the consolidated balance sheets for the periods presented. At September 30, 2016 and December 31, 2015, total assets of these VIEs were approximately $34.9 million and $22.7 million, respectively, and total liabilities were approximately $19.3 million and $13.0 million, respectively. The classification of these assets is primarily within ‘Real estate inventories’ and the classification of liabilities are primarily within ‘Accounts payable and accrued liabilities’ and ‘Notes payable – secured by real estate inventories’ in the accompanying consolidated balance sheets.

Unconsolidated Joint Venture

Unconsolidated Joint Venture	9 Months Ended
	Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Unconsolidated Joint Venture	12. UNCONSOLIDATED JOINT VENTURE The Company accounts for its interest in its title insurance joint venture using the equity method of accounting and periodically adjusts the carrying value for its proportionate share of earnings, losses and distributions. The carrying value of the investment is included within ‘Other assets’ in the accompanying consolidated balance sheets and our proportionate share of the earnings from the investment are included in ‘Other income, net’ in the accompanying consolidated statements of operations for the periods presented. Our share of the earnings for the three and nine months ended September 30, 2016 are $34 and $50, respectively. During the three and nine months ended September 30, 2015, our share of the earnings from this joint venture was $23 and $77, respectively. During the nine months ended September 30, 2016 and 2015, the Company collected total distributions of $75 and $67, respectively, as a return on investment. Summarized financial information for the unconsolidated joint venture is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Statement of Operations: Total net revenue $ 96 $ 76 $ 186 $ 248 Total expenses 28 30 86 95 Net income $ 68 $ 46 $ 100 $ 153 Comstock Holding Companies, Inc. share of net income $ 34 $ 23 $ 50 $ 77

Credit Facilities

Credit Facilities	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Credit Facilities	13. CREDIT FACILITIES Notes payable consisted of the following: September 30, December 31, 2016 2015 Construction revolvers $ 4,151 $ 5,832 Development and acquisition notes 16,359 13,833 Mezzanine notes 1,410 1,367 Line of credit 2,928 3,791 Total secured notes 24,848 24,823 Unsecured financing 1,161 1,548 Notes payable, unsecured, net of $2.1 million and $2.3 million discount, respectively 15,763 19,028 Total notes payable $ 41,772 $ 45,399 As of September 30, 2016, maturities and/or curtailment obligations of all borrowings are as follows: 2016 $ 10,038 2017 27,189 2018 4,545 Total $ 41,772 As of September 30, 2016, the Company had $10.0 million of its credit facilities and project related loans scheduled to mature during the remainder of 2016, and we are in active discussions with our lenders seeking long-term extensions. The current performance of the projects and our early discussions with our lenders indicates that we will likely be successful in extending or modifying these loans, though no assurances can be made that we will be successful in these efforts. Construction, development and mezzanine debt – secured The Company enters into secured acquisition and development loan agreements from time to time to purchase and develop land parcels. In addition, the Company enters into secured construction loan agreements for the construction of its real estate inventories. The loans are repaid with proceeds from home closings based upon a specific release price, as defined in each respective loan agreement. As of September 30, 2016 and December 31, 2015, the Company had secured construction revolving credit facilities with a maximum loan commitment of $36.5 million and $40.5 million, respectively. The Company may borrow under these facilities to fund its home building activities. The amount the Company may borrow is subject to applicable borrowing base provisions and the number of units under construction, which may also limit the amount available or outstanding under the facilities. The facilities are secured by deeds of trust on the real property and improvements thereon, and the borrowings are repaid with the net proceeds from the closings of homes sold, subject to a minimum release price. As of September 30, 2016 and December 31, 2015, the Company had approximately $32.4 million and $34.7 million, respectively, of unused construction loan commitments. The Company had $4.2 million and $5.8 million of outstanding construction borrowings as of September 30, 2016 and December 31, 2015, respectively. Interest rates charged under these facilities include the London Interbank Offered Rate (“LIBOR”) and prime rate pricing options, subject to minimum interest rate floors. At September 30, 2016 and December 31, 2015, the weighted average interest rate on the Company’s outstanding construction revolving facilities was 4.7% and 4.8% per annum, respectively. The construction credit facilities have maturity dates ranging from October 2016 to March 2018, including extensions subject to the Company meeting certain conditions. Subsequent to quarter end, the facility with a maturity date in October 2016 was extended to April 2017, as discussed further in Note 16 to the consolidated financial statements. As of September 30, 2016 and December 31, 2015, the Company had approximately $38.3 million and $37.8 million, respectively, of aggregate acquisition and development maximum loan commitments of which $16.4 million and $13.8 million, respectively, were outstanding. These loans have maturity dates ranging from October 2016 to September 2018, including extensions subject to certain conditions, and bear interest at a rate based on LIBOR and prime rate pricing options, with interest rate floors ranging from 4.5% to 5.5% per annum. As of September 30, 2016 and December 31, 2015, the weighted average interest rate was 5.1% and 4.7% per annum, respectively. Subsequent to quarter end, the facility with a maturity date in October 2016 was extended to April 2017, as discussed further in Note 16 to the consolidated financial statements. As of September 30, 2016, the Company had one mezzanine loan that is being used to finance the development of the Momentum | Shady Grove project. The maximum principal commitment amount of this loan was $1.1 million, of which $1.4 million and $1.1 million of principal and accrued interest was outstanding at September 30, 2016 and December 31, 2015, respectively. This financing carries an annual interest rate of 12% of which 6% is paid on a monthly basis with the remaining 6% being accrued and paid at maturity. This financing has a maturity date of December 31, 2016 and is guaranteed by the Company and our Chief Executive Officer. Line of credit – secured At September 30, 2016 and December 31, 2015, the Company had a secured revolving line of credit with a maximum capacity of $4.0 million, of which $2.9 million and $3.8 million was outstanding at September 30, 2016 and December 31, 2015, respectively. This line of credit is secured by the first priority security interest in the Company’s wholly owned subsidiaries’ in the Washington, D.C. metropolitan area and guaranteed by our Chief Executive Officer. The Company uses this line of credit to finance the predevelopment related expenses and deposits for current and future projects and bears a variable interest rate tied to a one-month LIBOR plus 3.25% per annum, with an interest rate floor of 5.0%. This line of credit calls for the Company to adhere to financial covenants, as defined in the loan agreement such as, minimum net worth and minimum liquidity, measured quarterly and minimum EBITDA measured on an annual basis and matures on December 31, 2016. The Company obtained a waiver from the financial institution for not meeting the minimum liquidity measure as of September 30, 2016, but was in compliance with the minimum net worth requirement as dictated by the line of credit agreement as of September 30, 2016. Unsecured note As of September 30, 2016 and December 31, 2015, the Company had $1.2 million and $1.5 million, respectively, in outstanding balances under a 10-year unsecured note with a bank. Interest is charged on this financing on an annual basis at the Overnight LIBOR rate plus 2.2%. At September 30, 2016 and December 31, 2015, the interest rate was 2.6% and 2.5% per annum, respectively. The maturity date of this financing is December 28, 2018. The Company is required to make monthly principal and interest payments through maturity. Notes payable to affiliate – unsecured Comstock Growth Fund On October 17, 2014, CGF entered into a subscription agreement with CDS, pursuant to which CDS purchased membership interests in CGF for a principal amount of $10.0 million (the “CGF Private Placement”). Other investors who subsequently purchased interests in the CGF Private Placement included members of the Company’s management and board of directors and other third party accredited investors for an additional principal amount of $6.2 million. On October 17, 2014, the Company entered into an unsecured promissory note with CGF whereby CGF made a loan to the Company in the initial principal amount of $10.0 million and a maximum amount available for borrowing of up to $20.0 million with a three year term (the “Original Promissory Note”). On December 18, 2014, the loan agreement was amended and restated to provide for a maximum capacity of $25 million. The loan bears interest at a floating rate based on the 30 day LIBOR plus 9.75% per annum with a 10% floor per annum. Interest payments will be made monthly in arrears. There is a principal curtailment requirement of 10% annually based on the average outstanding balance for the prior year. The loan will be used by the Company (i) to finance the Company’s current and future development pipeline, (ii) to repay all or a portion of the Company’s prior private placements, (iii) to repay all or a portion of the Company’s project mezzanine loans, and (iv) for general corporate purposes. The Company is the administrative manager of CGF but does not own any membership interests. The Company had approximately $12.6 million and $14.0 million of outstanding borrowings under the CGF loan, net of discounts, as of September 30, 2016 and December 31, 2015, respectively. As of September 30, 2016 and December 31, 2015, the interest rate was 11.3% and 10.0% per annum, respectively. For the three months ended September 30, 2016 and 2015, the Company made interest payments of $0.4 million and $0.3 million, respectively. For the nine months ended September 30, 2016 and 2015, the Company made interest payments of $1.2 million and $1.1 million, respectively. During the second quarter of 2016, the Company made the first principal curtailment to CGF in the amount of $1.6 million. Comstock Growth Fund II On December 29, 2015, the Company entered into a revolving line of credit promissory note with CGF II whereby CGF II made a loan to the Company in the initial principal amount of $5.0 million and a maximum amount available for borrowing of up to $10.0 million with a two year term, which may be extended an additional year. The interest rate is 10% per annum, and interest payments will be accrued and paid in kind monthly for the first year, and then paid current monthly in arrears beginning December 31, 2016. The capital provided to the Company by the loan will be used by the Company (i) to capitalize the Company’s current and future development pipeline, (ii) to repay all or a portion of the Company’s prior private placements, and (iii) for general corporate purposes. As of September 30, 2016 and December 31, 2015, $3.2 million and $5.0 million, respectively, was outstanding in principal and accrued interest under the CGF II loan.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures	14. FAIR VALUE DISCLOSURES The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities are reasonable estimates of their fair values based on their short maturities. The fair value of fixed and floating rate debt is based on unobservable market rates (Level 3 inputs). The fair value of the floating rate debt was estimated using a discounted cash flow analysis on the blended borrower rates currently available to the Company for loans with similar terms. The following table summarizes the carrying amount and the corresponding fair value of fixed and floating rate debt: September 30, December 31, 2016 2015 Carrying amount $ 41,772 $ 45,399 Fair value $ 42,435 $ 45,166 Fair value estimates are made at a specific point in time, based on relevant market information about the financial instruments. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. The Company may also value its non-financial assets and liabilities, including items such as real estate inventories and long lived assets, at fair value on a non-recurring basis if it is determined that impairment has occurred. Such fair value measurements use significant unobservable inputs and are classified as Level 3. During the fourth quarter of 2015, the Company wrote off $1.4 million of a land purchase deposit paid to one of its communities in the Washington, D.C. metropolitan area due to changes made to the scheduled lot take down strategy. In July 2016, the Company, through its subsidiaries, and the land seller entered into a settlement agreement whereby the seller agreed to refund a portion of the deposit, $0.7 million, which was included in ‘Impairment charges and recovery, net’ in the consolidated statement of operations for the three and nine months ended September 30, 2016. During 2016, as a result of our impairment analysis, the Company wrote off $0.8 million in feasibility, site securing, predevelopment, design, carry costs and related costs for two communities in the Washington, D.C. metropolitan area due to unsuccessful negotiations and changes in market conditions. The impairment charges are included in ‘Impairment charges and recovery, net’ in the consolidated statement of operations for the three and nine months ended September 30, 2016.

Restricted Stock, Stock Options

Restricted Stock, Stock Options and Other Stock Plans	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Restricted Stock, Stock Options and Other Stock Plans	15. RESTRICTED STOCK, STOCK OPTIONS AND OTHER STOCK PLANS During the three and nine months ended September 30, 2016 and 2015, the Company did not issue any stock options or restricted stock awards. Stock-based compensation cost associated with restricted stock and stock options was recognized based on the fair value of the instruments over the instruments’ vesting period. The following table reflects the consolidated balance sheets and statements of operations line items for stock-based compensation cost for the periods presented: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Real estate inventories - Assets $ 4 $ 8 $ 13 $ 25 General and administrative - Expenses 15 58 56 193 $ 19 $ 66 $ 69 $ 218 Under net settlement procedures currently applicable to our outstanding restricted stock awards for employees, upon each settlement date and election by the employees, restricted stock awards are withheld to cover the required withholding tax, which is based on the value of the restricted stock award on the settlement date as determined by the closing price of our Class A common stock on the trading day immediately preceding the applicable settlement date. The remaining amounts are delivered to the recipient as shares of our Class A common stock. As of September 30, 2016, the weighted-average remaining contractual term of unexercised stock options was 5 years. As of September 30, 2016 and December 31, 2015, there was $0.1 million of unrecognized compensation cost related to stock grants.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	16. SUBSEQUENT EVENTS On October 3, 2016, CDS purchased additional interests in the Comstock X Private Placement in an amount of $9.5 million resulting in an aggregate subscription amount of $14.5 million. On October 18, 2016, the Company extended its revolving construction, acquisition, and development loans related to the Yorkshire project with Cardinal Bank. This loan had an initial maturity date of October 23, 2016 and the extension provides for a maturity date of April 23, 2017. As of September 30, 2016, the Company had $0.2 million in outstanding borrowings under this revolving credit facility. On October 24, 2016, Comstock Redland Road II, L.C., a subsidiary of the Company, entered into a Purchase and Sale Agreement with Momentum Apartments, LLC for the sale of multi-family property located in Rockville, Maryland. The Agreement provides for a purchase price of $3.5 million. The Company expects to close on the sale of the property in the second quarter of 2017.

Organization and Basis of Pre22

Organization and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity and Capital Resources	Liquidity and Capital Resources We require capital to operate, to post deposits on new potential acquisitions, to purchase and develop land, to construct homes, to fund related carrying costs and overhead and to fund various advertising and marketing programs to generate sales. These expenditures include payroll, community engineering, entitlement, architecture, advertising, utilities and interest as well as the construction costs of our homes. Our sources of capital include, and we believe will continue to include, private equity and debt placements (which has included significant participation from Company insiders), funds derived from various secured and unsecured borrowings to finance acquisition, development and construction on acquired land, cash flow from operations, which includes the sale and delivery of constructed homes, finished and raw building lots and the potential sale of public debt and equity securities. The Company is involved in ongoing discussions with lenders and equity sources in an effort to provide additional growth capital to fund various new business opportunities. See Note 13 in the accompanying consolidated financial statements for more details on our credit facilities and Note 11 in the accompanying consolidated financial statements for details on private placement offerings. We have outstanding borrowings with various financial institutions and other lenders that have been used to finance the acquisition, development and construction of real estate projects. The Company has generally financed its development and construction activities on a single or multiple project basis so it is not uncommon for each of our projects or collection of our projects to have a separate credit facility. Accordingly, the Company typically has had numerous credit facilities and lenders. As of September 30, 2016, the Company has $10.0 million of its credit facilities and project related loans scheduled to mature during the remainder of 2016. We are in active discussions with our lenders seeking long term extensions and modifications to these loans. These debt instruments impose certain restrictions on our operations, including speculative unit construction limitations, curtailment obligations, and financial covenant compliance. If we fail to comply with any of these restrictions, an event of default could occur. Additionally, events of default could occur if we fail to make required debt service payments or if we fail to come to agreement on an extension on a certain facility prior to a given loan’s maturity date. Any event of default would likely render the obligations under these instruments due and payable as of that event. Any such event of default would allow certain of our lenders to exercise cross default provisions in our loan agreements with them, such that all debt with that institution could be called into default. We are anticipating that with the successful resolution of the debt extension discussions with our lenders, capital raises from our recent private placement, current available cash on hand, and additional cash from settlement proceeds at existing and under development communities, the Company will have sufficient financial resources to sustain its operations through the next 12 months, though no assurances can be made that the Company will be successful in its efforts. The Company will also continue to focus on its cost structure in an effort to conserve cash and manage expenses. Such actions may include cost reductions and/or deferral arrangements with respect to current operating expenses.
Recent Developments	Recent Developments On October 24, 2016, Comstock Redland Road II, L.C., a subsidiary of the Company, entered into a Purchase and Sale Agreement with Momentum Apartments, LLC for the sale of multi-family property located in Rockville, Maryland. The Agreement provides for a purchase price of $3.5 million. The Company expects to close on the sale of the property in the second quarter of 2017.
Use of Estimates	Use of Estimates Our financial statements have been prepared in accordance with GAAP. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts for the reporting periods. We base these estimates and judgments on historical experience and on various other factors that we believe to be reasonable under the circumstances. We evaluate these estimates and judgements on an ongoing basis. Actual results may differ from those estimates under different assumptions or conditions.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (“ASU 2016-02”). The core principle of the standard is that a lessee should recognize the assets and liabilities that arise from leases. A lessee should recognize in its statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. ASU 2016-02 is effective for public companies for annual reporting periods beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (“ASU 2016-08”). The core principle of the standard is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2016-08 is effective for public companies for annual reporting periods beginning after December 15, 2017, and early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (“ASU 2016-09”). The standard simplifies and clarifies certain aspects of share-based payment accounting and presentation. ASU 2016-09 is effective for public companies for annual reporting periods beginning after December 15, 2016 and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice for certain cash receipts and cash payments. The amendments in this guidance are effective for public companies for annual reporting periods beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact this new standard will have on our consolidated financial statements. We assessed other accounting pronouncements issued or effective during the nine months ended September 30, 2016 and deemed they were not applicable to us and are not anticipated to have a material effect on our consolidated financial statements.

Real Estate Inventories (Tables

Real Estate Inventories (Tables)	9 Months Ended
	Sep. 30, 2016
Real Estate [Abstract]
Summary of Real Estate Held for Development and Sale	After impairments and write-offs, real estate held for development and sale consists of the following: September 30, December 31, Land and land development costs $ 32,527 $ 22,896 Cost of construction (including capitalized interest and real estate taxes) 15,662 15,327 $ 48,189 $ 38,223

Warranty Reserve (Tables)

Warranty Reserve (Tables)	9 Months Ended
	Sep. 30, 2016
Guarantees [Abstract]
Summary of Warranty Reserve Activity Included in Accounts Payable and Accrued Liabilities within the consolidated balance sheets	The following table is a summary of warranty reserve activity which is included in accounts payable and accrued liabilities within the consolidated balance sheets: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Balance at beginning of period $ 294 $ 294 $ 312 $ 492 Additions 111 48 197 140 Releases and/or charges incurred (46 ) (80 ) (150 ) (370 ) Balance at end of period $ 359 $ 262 $ 359 $ 262

Capitalized Interest and Real25

Capitalized Interest and Real Estate Taxes (Tables)	9 Months Ended
	Sep. 30, 2016
Text Block [Abstract]
Summary of Interest Incurred and Capitalized and Interest Expensed for Units Settled	The following table is a summary of interest and real estate taxes incurred and capitalized and interest and real estate taxes expensed for units settled: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Total interest incurred and capitalized $ 811 $ 887 $ 2,404 $ 2,514 Total real estate taxes incurred and capitalized 53 125 170 314 Total interest and real estate taxes incurred and capitalized $ 864 $ 1,012 $ 2,574 $ 2,828 Interest expensed as a component of cost of sales $ 579 $ 471 $ 1,285 $ 1,227 Real estate taxes expensed as a component of cost of sales 64 64 165 156 Interest and real estate taxes expensed as a component of cost of sales $ 643 $ 535 $ 1,450 $ 1,383
Summary of Interest and Real Estate Taxes Expensed in Consolidated Statements of Operations	The following is a breakdown of the interest and real estate taxes expensed in the consolidated statements of operations for the periods presented: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Interest incurred and expensed from entity level borrowings $ 133 $ 97 $ 645 $ 414 Interest incurred and expensed for inactive projects — — 5 4 Real estate taxes incurred and expensed for inactive projects — 3 5 8 $ 133 $ 100 $ 655 $ 426

Loss Per Share (Tables)

Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Restricted Stock Awards, Stock Options and Warrants Excluded from Diluted Share Computation	As a result of net losses for the three and nine months ended September 30, 2016 and 2015, respectively, the following shares have been excluded from the diluted share computation as their inclusion would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Restricted stock awards — 5 — 7 Stock options — — — 7 Warrants — — — 1 — 5 — 15

Segment Disclosures (Tables)

Segment Disclosures (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Reporting Information	The following table includes the Company’s three reportable segments of Homebuilding, Multi-family, and Real Estate Services. Each of these segments operates within the Company’s single Washington, D.C. area reportable geographic segment. Homebuilding Multi-family Real Total Three Months Ended September 30, 2016 Gross revenue $ 12,880 $ — $ 223 $ 13,103 Gross profit 895 — 138 1,033 Net (loss) income (894 ) — 138 (756 ) Depreciation and amortization 89 — — 89 Interest expense 133 — — 133 Total assets 56,427 — 148 56,575 Three Months Ended September 30, 2015 Gross revenue $ 12,043 $ — $ 245 $ 12,288 Gross profit 1,294 — 142 1,436 Net (loss) income (1,165 ) — 142 (1,023 ) Depreciation and amortization 122 — — 122 Interest expense 97 — — 97 Total assets 59,251 — 301 59,552 Nine Months Ended September 30, 2016 Gross revenue $ 32,102 $ — $ 685 $ 32,787 Gross profit 2,287 — 356 2,643 Net (loss) income (3,861 ) — 356 (3,505 ) Depreciation and amortization 144 — — 144 Interest expense 650 — — 650 Total assets 56,427 — 148 56,575 Nine Months Ended September 30, 2015 Gross revenue $ 34,168 $ — $ 1,001 $ 35,169 Gross profit 4,235 — 545 4,780 Net (loss) income (2,510 ) — 545 (1,965 ) Depreciation and amortization 327 — — 327 Interest expense 418 — — 418 Total assets 59,251 — 301 59,552

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2016
Related Party Transactions [Abstract]
Future Minimum Lease Payments	The Company leases its corporate headquarters from an affiliated entity that is wholly-owned by our Chief Executive Officer. Future minimum lease payments under this lease are as follows: 2016 $ 84 2017 167 Total $ 251

Unconsolidated Joint Venture (T

Unconsolidated Joint Venture (Tables)	9 Months Ended
	Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Summarized Financial Information for Unconsolidated Joint Venture	Summarized financial information for the unconsolidated joint venture is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Statement of Operations: Total net revenue $ 96 $ 76 $ 186 $ 248 Total expenses 28 30 86 95 Net income $ 68 $ 46 $ 100 $ 153 Comstock Holding Companies, Inc. share of net income $ 34 $ 23 $ 50 $ 77

Credit Facilities (Tables)

Credit Facilities (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Summary of Notes Payable	Notes payable consisted of the following: September 30, December 31, 2016 2015 Construction revolvers $ 4,151 $ 5,832 Development and acquisition notes 16,359 13,833 Mezzanine notes 1,410 1,367 Line of credit 2,928 3,791 Total secured notes 24,848 24,823 Unsecured financing 1,161 1,548 Notes payable, unsecured, net of $2.1 million and $2.3 million discount, respectively 15,763 19,028 Total notes payable $ 41,772 $ 45,399
Maturities and/or Curtailment Obligations of All Borrowings	As of September 30, 2016, maturities and/or curtailment obligations of all borrowings are as follows: 2016 $ 10,038 2017 27,189 2018 4,545 Total $ 41,772

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Summary of Carrying Amount and Fair Value of Fixed and Floating Rate Debt	The following table summarizes the carrying amount and the corresponding fair value of fixed and floating rate debt: September 30, December 31, 2016 2015 Carrying amount $ 41,772 $ 45,399 Fair value $ 42,435 $ 45,166

Restricted Stock, Stock Optio32

Restricted Stock, Stock Options and Other Stock Plans (Tables)	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Consolidated Balance Sheets and Statements of Operations Line Items for Stock-Based Compensation Cost	The following table reflects the consolidated balance sheets and statements of operations line items for stock-based compensation cost for the periods presented: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Real estate inventories - Assets $ 4 $ 8 $ 13 $ 25 General and administrative - Expenses 15 58 56 193 $ 19 $ 66 $ 69 $ 218

Organization and Basis of Pre33

Organization and Basis of Presentation - Additional Information (Detail) $ in Thousands	Sep. 25, 2015	Sep. 30, 2016USD ($)	Oct. 24, 2016USD ($)
Organization And Basis Of Presentation [Line Items]
Reverse stock split, Conversion Ratio	0.143
Reverse stock split, description		On September 25, 2015, the Company effected a 1-for-7 reverse stock split of its issued and outstanding shares of Class A common stock and Class B common stock.
Credit facilities and project related loans, maturing during the remainder of 2016		$ 10,038
Subsequent Events [Member] | Comstock Redland Road III, L.C. [Member] | Momentum Apartments, LLC [Member] | Multi Family Property [Member]
Organization And Basis Of Presentation [Line Items]
Sale price of property			$ 3,500

Real Estate Inventories - Summa

Real Estate Inventories - Summary of Real Estate Held for Development and Sale (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Real estate inventories	$ 48,189	$ 38,223
Land and Land Development Costs [Member]
Real Estate Properties [Line Items]
Real estate inventories	32,527	22,896
Cost of Construction (Including Capitalized Interest and Real Estate Taxes) [Member]
Real Estate Properties [Line Items]
Real estate inventories	$ 15,662	$ 15,327

Warranty Reserve - Additional I

Warranty Reserve - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2016
Guarantees [Abstract]
Period for which warranty claims expected to arise	1 year
Period for which warranty claims expected to arise under statutorily period	2 years

Warranty Reserve - Summary of W

Warranty Reserve - Summary of Warranty Reserve Activity Included in Accounts Payable and Accrued Liabilities within the consolidated balance sheets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Guarantees [Abstract]
Balance at beginning of period	$ 294	$ 294	$ 312	$ 492
Additions	111	48	197	140
Releases and/or charges incurred	(46)	(80)	(150)	(370)
Balance at end of period	$ 359	$ 262	$ 359	$ 262

Capitalized Interest and Real37

Capitalized Interest and Real Estate Taxes - Summary of Interest Incurred and Capitalized and Interest Expensed for Units Settled (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Real Estate Investment Property, at Cost [Abstract]
Total interest incurred and capitalized	$ 811	$ 887	$ 2,404	$ 2,514
Total real estate taxes incurred and capitalized	53	125	170	314
Total interest and real estate taxes incurred and capitalized	864	1,012	2,574	2,828
Interest expensed as a component of cost of sales	579	471	1,285	1,227
Real estate taxes expensed as a component of cost of sales	64	64	165	156
Interest and real estate taxes expensed as a component of cost of sales	$ 643	$ 535	$ 1,450	$ 1,383

Capitalized Interest and Real38

Capitalized Interest and Real Estate Taxes - Summary of Interest and Real Estate Taxes Expensed in Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Real Estate Investment Property, at Cost [Abstract]
Interest incurred and expensed from entity level borrowings	$ 133	$ 97	$ 645	$ 414
Interest incurred and expensed for inactive projects			5	4
Real estate taxes incurred and expensed for inactive projects		3	5	8
Interest expense real estate taxes and indirect costs related to inactive projects attributable to discontinued operations	$ 133	$ 100	$ 655	$ 426

Loss Per Share - Restricted Sto

Loss Per Share - Restricted Stock Awards, Stock Options and Warrants Excluded from Diluted Share Computation (Detail) - shares shares in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options/Warrants/Awards excluded from the computation of dilutive earnings per share	5	15
Restricted Stock Awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options/Warrants/Awards excluded from the computation of dilutive earnings per share	5	7
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options/Warrants/Awards excluded from the computation of dilutive earnings per share		7
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options/Warrants/Awards excluded from the computation of dilutive earnings per share		1

Segment Disclosures - Additiona

Segment Disclosures - Additional information (Detail)	9 Months Ended
	Sep. 30, 2016UnitSegment
Segment Reporting Information [Line Items]
Number of operating segments | Segment	3
Multi-Family Segment [Member]
Segment Reporting Information [Line Items]
Projects units minimum	75
Projects units maximum	200

Segment Disclosures - Segment R

Segment Disclosures - Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Gross revenue	$ 13,103	$ 12,288	$ 32,787	$ 35,169
Gross profit	1,033	1,436	2,643	4,780
Net (loss) income	(756)	(1,023)	(3,505)	(1,965)
Depreciation and amortization	89	122	144	327
Interest expense	133	97	650	418
Total assets	56,575	59,552	56,575	59,552	$ 58,478
Homebuilding [Member]
Segment Reporting Information [Line Items]
Gross revenue	12,880	12,043	32,102	34,168
Gross profit	895	1,294	2,287	4,235
Net (loss) income	(894)	(1,165)	(3,861)	(2,510)
Depreciation and amortization	89	122	144	327
Interest expense	133	97	650	418
Total assets	56,427	59,251	56,427	59,251
Real Estate Services [Member]
Segment Reporting Information [Line Items]
Gross revenue	223	245	685	1,001
Gross profit	138	142	356	545
Net (loss) income	138	142	356	545
Total assets	$ 148	$ 301	$ 148	$ 301

Income Tax - Additional Informa

Income Tax - Additional Information (Detail) - USD ($)	Sep. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Tax Examination [Line Items]
Tax provision expense		$ 0	$ 36,000	$ 57,000	$ 23,000
Deferred income tax benefit				(7,000)	79,000
Accruals related to uncertainties tax positions	$ 0	$ 0	$ 0	$ 0	0
New Hampshire Avenue, LLC [Member]
Income Tax Examination [Line Items]
Income tax expense					144,000
Deferred income tax benefit					$ 121,000
Effective tax rate related to statutory tax	2.00%		3.00%		1.00%
Minimum [Member]
Income Tax Examination [Line Items]
Tax year remain subject to examination				2,012
Maximum [Member]
Income Tax Examination [Line Items]
Tax year remain subject to examination				2,015

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Commitment And Contingencies [Line Items]
Outstanding letter of credit, amount	$ 1,400,000	$ 3,500,000
Amounts drawn against outstanding letters of credit or performance bond	0	0
Restricted Escrow Deposits	1,000,000		$ 1,000,000
Performance Bonds [Member]
Commitment And Contingencies [Line Items]
Outstanding performance and payment of bonds	$ 4,300,000	$ 5,000,000

Related Party Transactions - Fu

Related Party Transactions - Future Minimum Lease Payments (Detail) $ in Thousands	Sep. 30, 2016USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 84
2,017	167
Total	$ 251

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Dec. 29, 2015	May 12, 2015	Oct. 17, 2014	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 18, 2014
Related Party Transaction [Line Items]
Debt instrument, initial principal amount				$ 41,772,000		$ 41,772,000		$ 45,399,000
Outstanding borrowings				$ 15,763,000		$ 15,763,000		$ 19,028,000
Series B Preferred Stock [Member]
Related Party Transaction [Line Items]
Preferred stock par value				$ 0.01		$ 0.01		$ 0.01
Paid-in-kind dividends on preferred stock, number of shares				17,411		51,848
Paid-in-kind dividends on preferred stock, liquidation value				$ 87,000		$ 259,000
Comstock Asset Management, L.C. [Member]
Related Party Transaction [Line Items]
Total payments made under lease agreement				84,000	$ 81,000	246,000	$ 239,000
Comstock Asset Management, L.C. [Member] | Trade Receivables [Member]
Related Party Transaction [Line Items]
Trade receivables				145,000		145,000		$ 81,000
Comstock Asset Management, L.C. [Member] | Services and out of Pocket Expenses Incurred [Member] | Revenue Other [Member]
Related Party Transaction [Line Items]
Services and out-of-pocket expenses incurred				222,000	244,000	684,000	617,000
Comstock Development Services [Member]
Related Party Transaction [Line Items]
Credit facility outstanding			$ 10,000,000
Other Purchasers [Member]
Related Party Transaction [Line Items]
Credit facility outstanding			6,200,000
Comstock Growth Fund [Member]
Related Party Transaction [Line Items]
Interest payments				400,000	300,000	$ 1,200,000	1,100,000
Comstock Growth Fund [Member] | Class A [Member]
Related Party Transaction [Line Items]
Number of warrants outstanding						76		76
Aggregate fair value of warrants issued				433,000		$ 433,000		$ 433,000
Comstock Growth Fund [Member] | Private Placement [Member] | Class A [Member]
Related Party Transaction [Line Items]
Number of shares issued		226,857
Comstock Growth Fund [Member] | Notes Payable, Other Payables [Member]
Related Party Transaction [Line Items]
Credit facility outstanding				16,200,000		16,200,000
Debt instrument, initial principal amount			10,000,000
Maximum borrowing amount			$ 20,000,000						$ 25,000,000
Additional aggregate principal loan amount						$ 6,200,000
Debt instrument, term			3 years
Debt instrument, interest rate description						LIBOR
Loan annual principal repayment, percentage			10.00%
Comstock Growth Fund [Member] | Unsecured Notes Payable To Affiliate [Member]
Related Party Transaction [Line Items]
Outstanding borrowings				12,600,000		$ 12,600,000		14,000,000
Interest payments				400,000	$ 300,000	1,200,000	$ 1,100,000
Comstock Growth Fund [Member] | LIBOR Rate [Member] | Notes Payable, Other Payables [Member]
Related Party Transaction [Line Items]
Debt instrument, spread variable rate			9.75%
Comstock Growth Fund [Member] | Floor Rate [Member] | Notes Payable, Other Payables [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Debt instrument, floor interest rate			10.00%
Comstock Growth Fund II, L.C. [Member] | Notes Payable, Other Payables [Member]
Related Party Transaction [Line Items]
Debt instrument, initial principal amount	$ 5,000,000
Maximum borrowing amount	$ 10,000,000
Debt instrument, term	2 years
Debt instrument, floor interest rate	10.00%
Outstanding borrowings				$ 3,200,000		$ 3,200,000		$ 5,000,000
Line of credit facility additional extension period	1 year
Debt instrument, interest payment terms						Interest payments will be accrued and paid in-kind monthly for the first year, and then paid current monthly in arrears beginning December 31, 2016.
Stonehenge [Member]
Related Party Transaction [Line Items]
Original principal amount	$ 4,500,000
Principal amount outstanding plus all accrued but unpaid interest	$ 3,861,000
Stonehenge [Member] | Series B Preferred Stock [Member]
Related Party Transaction [Line Items]
Shares issued upon conversion of debt	772,210
Preferred stock par value	$ 0.01
Preferred stock redemption price	$ 5
Preferred stock dividend rate, percentage	8.75%

Note Receivable - Additional In

Note Receivable - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivable originated with third party					$ 180
Maturity date of note receivable			Sep. 2, 2019
Fixed interest rate			6.00%
Outstanding balance of note receivable	$ 115		$ 115		$ 141
Monthly installments of principal and interest on debt instrument			3
Other income, net [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income	$ 2	$ 2	$ 6	$ 7

Variable Interest Entity - Addi

Variable Interest Entity - Additional Information (Detail)

Mar. 14, 2013USD ($)UnitTownhomesshares

Aug. 31, 2016USD ($)Townhomesshares

Jun. 30, 2015USD ($)Unit

Dec. 31, 2013USD ($)Townhomesshares

Mar. 31, 2013USD ($)

Sep. 30, 2016USD ($)

Sep. 30, 2015USD ($)

Oct. 31, 2016USD ($)

Oct. 03, 2016USD ($)

Dec. 31, 2015USD ($)

Sep. 27, 2012Unit

Aug. 23, 2012Unit

Variable Interest Entity [Line Items]

Profit distributed

$ 4,413,000

$ 1,150,000

Amount paid for membership interest in private placement

$ 7,300,000

Total liabilities of VIEs

19,300,000

$ 13,000,000

Total assets of VIEs

34,900,000

$ 22,700,000

Maryland [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

36

Number of multi-family units | Unit

117

Washington D.C. [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

73

Number of single family units | Unit

38

Virginia [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

110

Number of single family units | Unit

19

Comstock Development Services LC [Member] | Private Placement [Member] | Subsequent Events [Member]

Variable Interest Entity [Line Items]

Aggregate capital raise

$ 9,500,000

$ 9,500,000

Comstock Investors X, L.C. [Member] | Private Placement [Member] | Subsequent Events [Member]

Variable Interest Entity [Line Items]

Aggregate capital raise

$ 14,500,000

$ 14,500,000

New Hampshire Avenue, LLC [Member]

Variable Interest Entity [Line Items]

Number of projects | Unit

111

Profit distributed

1,900,000

1,100,000

Comstock Eastgate, L.C. [Member]

Variable Interest Entity [Line Items]

Number of projects | Unit

66

Preferred distribution

0

50

Comstock Investors VII, L.C [Member] | Class A [Member]

Variable Interest Entity [Line Items]

Number of warrants issued | shares

17

Aggregate fair value of warrants for investors

$ 146,000

Comstock Investors VIII, L.C [Member]

Variable Interest Entity [Line Items]

Preferred distribution

2,500,000

$ 0

Cumulative, compounded, preferred return rate

20.00%

Percentage of cumulative cash on cash return

20.00%

Comstock Investors VIII, L.C [Member] | Maryland [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

45

Comstock Investors VIII, L.C [Member] | Virginia [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

42

Comstock Investors VIII, L.C [Member] | Class A [Member]

Variable Interest Entity [Line Items]

Number of warrants issued | shares

15

Aggregate fair value of warrants for investors

$ 131,000

Comstock Investors VIII, L.C [Member] | Subsidiaries [Member] | Private Placement [Member] | Class B [Member]

Variable Interest Entity [Line Items]

Initial aggregate principal amount up to capital raise

$ 4,000,000

Comstock Investors IX, L.C. [Member]

Variable Interest Entity [Line Items]

Preferred distribution

$ 0

Cumulative, compounded, preferred return rate

20.00%

Percentage of cumulative cash on cash return

20.00%

Comstock Investors IX, L.C. [Member] | Virginia [Member]

Variable Interest Entity [Line Items]

Number of single family units | Unit

35

Comstock Investors IX, L.C. [Member] | Subsidiaries [Member] | Private Placement [Member] | Class B [Member]

Variable Interest Entity [Line Items]

Initial aggregate principal amount up to capital raise

$ 2,500,000

Comstock Investors X, L.C. [Member]

Variable Interest Entity [Line Items]

Cumulative, compounded, preferred return rate

6.00%

Comstock Investors X, L.C. [Member] | Washington D.C. [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

40

Comstock Investors X, L.C. [Member] | Virginia [Member]

Variable Interest Entity [Line Items]

Number of townhomes | Townhomes

18

Comstock Investors X, L.C. [Member] | Class A [Member]

Variable Interest Entity [Line Items]

Number of warrants issued | shares

150

Aggregate fair value of warrants for investors

$ 258,000

Comstock Investors X, L.C. [Member] | Subsidiaries [Member] | Private Placement [Member] | Class B [Member]

Variable Interest Entity [Line Items]

Initial aggregate principal amount up to capital raise

$ 5,000,000

Unconsolidated Joint Venture -

Unconsolidated Joint Venture - Additional Information (Detail) - Title Insurance Joint Venture [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Earnings from the unconsolidated joint venture	$ 34	$ 23	$ 50	$ 77
Collected total distributions from joint venture			$ 75	$ 67

Unconsolidated Joint Venture 49

Unconsolidated Joint Venture - Summarized Financial Information for Unconsolidated Joint Venture (Detail) - Title Insurance Joint Venture [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Operations:
Total net revenue	$ 96	$ 76	$ 186	$ 248
Total expenses	28	30	86	95
Net income	68	46	100	153
Comstock Holding Companies, Inc. share of net income	$ 34	$ 23	$ 50	$ 77

Credit Facilities - Summary of

Credit Facilities - Summary of Notes Payable (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total secured notes	$ 24,848	$ 24,823
Unsecured financing	1,161	1,548
Notes payable, unsecured, net of $2.1 million and $2.3 million discount, respectively	15,763	19,028
Total notes payable	41,772	45,399
Construction Loans [Member] | Construction Revolvers [Member]
Debt Instrument [Line Items]
Total secured notes	4,151	5,832
Development and Acquisition Notes [Member]
Debt Instrument [Line Items]
Total secured notes	16,359	13,833
Mezzanine Notes [Member]
Debt Instrument [Line Items]
Total secured notes	1,410	1,367
Line of Credit [Member]
Debt Instrument [Line Items]
Total secured notes	$ 2,928	$ 3,791

Credit Facilities - Summary o51

Credit Facilities - Summary of Notes Payable (Parenthetical) (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Discount on unsecured notes payable to affiliates	$ 2.1	$ 2.3

Credit Facilities - Maturities

Credit Facilities - Maturities and/or Curtailment Obligations of All Borrowings (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
2,016	$ 10,038
2,017	27,189
2,018	4,545
Total notes payable	$ 41,772	$ 45,399

Credit Facilities - Additional

Credit Facilities - Additional Information (Detail) - USD ($)	Dec. 29, 2015	Oct. 17, 2014	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 18, 2014
Line of Credit Facility [Line Items]
Credit facilities and project related loans, maturing during the remainder of 2016			$ 10,038,000			$ 10,038,000
Outstanding secured debt			24,848,000			$ 24,848,000		$ 24,823,000
Line of credit maturity date						Dec. 31, 2016
Unsecured financing for period			1,161,000			$ 1,161,000		1,548,000
Debt instrument, initial principal amount			41,772,000			41,772,000		45,399,000
Outstanding borrowings for loan			$ 15,763,000			$ 15,763,000		$ 19,028,000
Comstock Development Services [Member]
Line of Credit Facility [Line Items]
Credit facility outstanding		$ 10,000,000
Other Purchasers [Member]
Line of Credit Facility [Line Items]
Credit facility outstanding		6,200,000
Comstock Growth Fund [Member]
Line of Credit Facility [Line Items]
Interest rate			11.30%			11.30%		10.00%
Interest payments			$ 400,000		$ 300,000	$ 1,200,000	$ 1,100,000
Line of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity			4,000,000			4,000,000		$ 4,000,000
Credit facility outstanding			$ 2,900,000			$ 2,900,000		3,800,000
Interest rate floor			5.00%			5.00%
Debt instrument maturity description						This line of credit is secured by the first priority security interest in the Company's wholly owned subsidiaries' in the Washington, D.C. metropolitan area and guaranteed by our Chief Executive Officer. The Company uses this line of credit to finance the predevelopment related expenses and deposits for current and future projects and bears a variable interest rate tied to a one-month LIBOR plus 3.25% per annum, with an interest rate floor of 5.0%.
Line of Credit [Member] | LIBOR Rate [Member]
Line of Credit Facility [Line Items]
Debt instrument spread variable rate						3.25%
Construction Loans [Member] | Construction Revolvers [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 36,500,000			$ 36,500,000		40,500,000
Unused construction loan commitments			$ 32,400,000			$ 32,400,000		$ 34,700,000
Debt instrument, interest rate description						Interest rates charged under these facilities include the London Interbank Offered Rate ("LIBOR") and prime rate pricing options, subject to minimum interest rate floors.
Outstanding construction revolving facilities			4.70%			4.70%		4.80%
Credit facility outstanding			$ 4,200,000			$ 4,200,000		$ 5,800,000
Maturity range, start date						2016-10
Maturity range, end date						2018-03
Outstanding secured debt			$ 4,151,000			$ 4,151,000		$ 5,832,000
Unsecured Note [Member]
Line of Credit Facility [Line Items]
Debt instrument, interest rate description						LIBOR rate plus 2.2%
Interest rate			2.60%			2.60%		2.50%
Debt instrument, term						10 years
Debt instrument maturity date						Dec. 28, 2018
Unsecured Note [Member] | LIBOR Rate [Member]
Line of Credit Facility [Line Items]
Debt instrument spread variable rate						2.20%
Development and Acquisition Notes [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 38,300,000			$ 38,300,000		$ 37,800,000
Outstanding construction revolving facilities			5.10%			5.10%		4.70%
Maturity range, start date						2016-10
Maturity range, end date						2018-09
Outstanding secured debt			$ 16,359,000			$ 16,359,000		$ 13,833,000
Development and Acquisition Notes [Member] | Minimum [Member] | LIBOR and Prime Rate Pricing Options [Member]
Line of Credit Facility [Line Items]
Interest rate floor			4.50%			4.50%
Development and Acquisition Notes [Member] | Maximum [Member] | LIBOR and Prime Rate Pricing Options [Member]
Line of Credit Facility [Line Items]
Interest rate floor			5.50%			5.50%
Second and Third Mezzanine Notes [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 1,100,000			$ 1,100,000
Interest rate			12.00%			12.00%
Interest rate paid on a monthly basis						6.00%
Interest rate accrued and paid on maturity						6.00%
Second and Third Mezzanine Notes [Member] | Construction Revolvers [Member]
Line of Credit Facility [Line Items]
Credit facility outstanding			$ 1,400,000			$ 1,400,000		1,100,000
Notes Payable, Other Payables [Member] | Comstock Growth Fund [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 20,000,000							$ 25,000,000
Debt instrument, interest rate description						LIBOR
Credit facility outstanding			16,200,000			$ 16,200,000
Interest rate floor		10.00%
Debt instrument, term		3 years
Debt instrument, initial principal amount		$ 10,000,000
Loan annual principal repayment, percentage		10.00%
First principal curtailment paid				$ 1,600,000
Notes Payable, Other Payables [Member] | Comstock Growth Fund [Member] | LIBOR Rate [Member]
Line of Credit Facility [Line Items]
Debt instrument spread variable rate		9.75%
Notes Payable, Other Payables [Member] | Comstock Growth Fund II, L.C. [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 10,000,000
Debt instrument, term	2 years
Debt instrument, initial principal amount	$ 5,000,000
Outstanding borrowings for loan			3,200,000			$ 3,200,000		5,000,000
Line of credit facility additional extension period	1 year
Debt instrument, interest rate	10.00%
Debt instrument, interest payment terms						Interest payments will be accrued and paid in-kind monthly for the first year, and then paid current monthly in arrears beginning December 31, 2016.
Unsecured Notes Payable To Affiliate [Member] | Comstock Growth Fund [Member]
Line of Credit Facility [Line Items]
Outstanding borrowings for loan			12,600,000			$ 12,600,000		$ 14,000,000
Interest payments			$ 400,000		$ 300,000	$ 1,200,000	$ 1,100,000

Fair Value Disclosures - Summar

Fair Value Disclosures - Summary of Carrying Amount and Fair Value of Fixed and Floating Rate Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Option, Quantitative Disclosures [Line Items]
Debt instrument outstanding balance	$ 41,772	$ 45,399
Unobservable Inputs (Level 3 Inputs) [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Debt instrument outstanding balance	41,772	45,399
Fair value	$ 42,435	$ 45,166

Fair Value Disclosures - Additi

Fair Value Disclosures - Additional Information (Detail) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Jul. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)Community	Sep. 30, 2016USD ($)Community
Fair Value, Option, Quantitative Disclosures [Line Items]
Impairment charges				$ 813
Impairment charges and recovery, net		$ (91)		(91)
Washington D.C. [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Impairment charges			$ 1,400	$ 800
Number of communities | Community			1	2
Impairment charges and recovery, net	$ 700

Restricted Stock, Stock Optio56

Restricted Stock, Stock Options and Other Stock Plans - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average remaining contractual term of unexercised stock options			5 years
Unrecognized compensation cost related to stock issuances	$ 0.1		$ 0.1		$ 0.1
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued by the company	0	0	0	0
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued by the company	0	0	0	0

Restricted Stock, Stock Optio57

Restricted Stock, Stock Options and Other Stock Plans - Summary of Consolidated Balance Sheets and Statements of Operations Line Items for Stock-Based Compensation Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense and capitalized amounts	$ 19	$ 66	$ 69	$ 218
Real Estate Inventories [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation cost capitalized	4	8	13	25
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation cost capitalized, expensed	$ 15	$ 58	$ 56	$ 193

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($)	Oct. 18, 2016	Sep. 30, 2016	Oct. 31, 2016	Oct. 24, 2016	Oct. 03, 2016
Subsequent Event [Line Items]
Maturity date		Dec. 31, 2016
Subsequent Events [Member] | Comstock Development Services LC [Member] | Private Placement [Member]
Subsequent Event [Line Items]
Aggregate capital raise			$ 9,500,000		$ 9,500,000
Subsequent Events [Member] | Comstock Investors X, L.C. [Member] | Private Placement [Member]
Subsequent Event [Line Items]
Aggregate capital raise			$ 14,500,000		$ 14,500,000
Subsequent Events [Member] | Momentum Apartments, LLC [Member] | Comstock Redland Road II LC [Member] | Multi Family Property [Member]
Subsequent Event [Line Items]
Sale price of property				$ 3,500,000
Construction Revolvers [Member] | Yorkshire Credit Facility [Member]
Subsequent Event [Line Items]
Maturity date		Oct. 23, 2016
Credit facility outstanding		$ 200,000
Construction Revolvers [Member] | Subsequent Events [Member] | Yorkshire Credit Facility [Member]
Subsequent Event [Line Items]
Maturity date	Apr. 23, 2017