v3.25.2
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
Restricted Stock [Member]
Common Stock [Member]
Restricted Stock [Member]
Additional Paid-in Capital [Member]
Restricted Stock [Member]
Retained Earnings [Member]
Restricted Stock [Member]
Parent [Member]
Restricted Stock [Member]
Noncontrolling Interest [Member]
Restricted Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balances (in shares) at Dec. 31, 2023             6,300,000          
Balances at Dec. 31, 2023             $ 10,763,000 $ 8,232,000 $ 3,629,000 $ 22,624,000 $ 3,655,000 $ 26,279,000
Stock-based compensation expense             0 98,000   98,000   98,000
Vested restricted stock awards (in shares) 30,000                      
Vested restricted stock awards $ 0 $ 0 $ 0 $ 0 $ 0 $ 0            
Capital contributions from non-controlling interests             0 0 0 0 38,000 38,000
Cash distributions to non-controlling interests             0 0 0 0 (95,000) (95,000)
Net (loss) income             $ 0 0 119,000 119,000 (54,000) 65,000
Balances (in shares) at Mar. 31, 2024             6,330,000          
Balances at Mar. 31, 2024             $ 10,763,000 8,330,000 3,748,000 22,841,000 3,544,000 26,385,000
Balances (in shares) at Dec. 31, 2023             6,300,000          
Balances at Dec. 31, 2023             $ 10,763,000 8,232,000 3,629,000 22,624,000 3,655,000 26,279,000
Net (loss) income                       3,833,000
Non-controlling interest RI Acquisition                       2,100,000
Balances (in shares) at Jun. 30, 2024             6,360,000          
Balances at Jun. 30, 2024             $ 10,763,000 8,429,000 7,350,000 26,542,000 5,810,000 32,352,000
Balances (in shares) at Mar. 31, 2024             6,330,000          
Balances at Mar. 31, 2024             $ 10,763,000 8,330,000 3,748,000 22,841,000 3,544,000 26,385,000
Stock-based compensation expense             $ 0 99,000   99,000   99,000
Vested restricted stock awards (in shares)             30,000          
Vested restricted stock awards             $ 0 0 0 0 0 0
Net (loss) income             0 0 3,602,000 3,602,000 166,000 3,768,000
Non-controlling interest RI Acquisition             $ 0 0 0 0 2,100,000 2,100,000
Balances (in shares) at Jun. 30, 2024             6,360,000          
Balances at Jun. 30, 2024             $ 10,763,000 8,429,000 7,350,000 26,542,000 5,810,000 $ 32,352,000
Balances (in shares) at Dec. 31, 2024             6,420,000         6,420,000
Balances at Dec. 31, 2024             $ 10,763,000 8,605,000 5,815,000 25,183,000 4,844,000 $ 30,027,000
Stock-based compensation expense             $ 0 89,000 0 89,000 0 89,000
Vested restricted stock awards (in shares)             30,000          
Vested restricted stock awards             $ 0 0 0 0 0 0
Capital contributions from non-controlling interests             0 0 0 0 8,000 8,000
Net (loss) income             $ 0 0 (625,000) (625,000) (287,000) (912,000)
Balances (in shares) at Mar. 31, 2025             6,450,000          
Balances at Mar. 31, 2025             $ 10,763,000 8,694,000 5,190,000 24,647,000 4,565,000 $ 29,212,000
Balances (in shares) at Dec. 31, 2024             6,420,000         6,420,000
Balances at Dec. 31, 2024             $ 10,763,000 8,605,000 5,815,000 25,183,000 4,844,000 $ 30,027,000
Net (loss) income                       (1,390,000)
Non-controlling interest RI Acquisition                       $ 0
Balances (in shares) at Jun. 30, 2025             6,480,000         6,480,000
Balances at Jun. 30, 2025             $ 10,763,000 8,808,000 4,910,000 24,481,000 4,367,000 $ 28,848,000
Balances (in shares) at Mar. 31, 2025             6,450,000          
Balances at Mar. 31, 2025             $ 10,763,000 8,694,000 5,190,000 24,647,000 4,565,000 29,212,000
Stock-based compensation expense             $ 0 114,000 0 114,000 0 114,000
Vested restricted stock awards (in shares)             30,000          
Vested restricted stock awards             $ 0 0 0 0 0 0
Net (loss) income             $ 0 0 (280,000) (280,000) (198,000) $ (478,000)
Balances (in shares) at Jun. 30, 2025             6,480,000         6,480,000
Balances at Jun. 30, 2025             $ 10,763,000 $ 8,808,000 $ 4,910,000 $ 24,481,000 $ 4,367,000 $ 28,848,000