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<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
do <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_905_eecd--AwardTmgMnpiCnsdrdFlag_dbF_c20250101__20251231_z7MNvzTun1g5">not</span> have a formal policy on the timing of awards of options in relation to our disclosure of material nonpublic information. The Compensation
Committee does not seek to time equity grants to take advantage of information, either positive or negative, about us that has <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_907_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250101__20251231_zh11ogSeFUV">not</span> been
publicly disclosed. Option grants are generally effective on the date the award determination is made by the Compensation Committee,
and the exercise price of options is the closing market price of our common shares on the date of the grant or, if the grant is made
on a weekend or holiday, on the prior business day.</span><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During
the fiscal year ended December 31, 2025, we did not award any options to a named executive officer in the period beginning four business
days before the filing of a periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of a current report on Form 8-K that
discloses material non-public information, and ending one business day after the filing or furnishing of such report.</span></p>
<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span>
false
false
<table cellpadding="0" cellspacing="0" id="xdx_882_eecd--PvpTableTextBlock_zBHY7FXgE9Af" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year</td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_488_eecd--PeoTotalCompAmt_zoHdR7aGrKTk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Summary Compensation Table Total for David H. Lesser<br/> ($)<sup id="xdx_F5D_zThGb1eXnor8">1</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_488_eecd--PeoActuallyPaidCompAmt_znaWzIxWO52i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Compensation Actually Paid to David H. Lesser<br/> ($)<sup id="xdx_F51_zuO1NWJW78oh">1,2</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_484_eecd--NonPeoNeoAvgTotalCompAmt_zE0NA607bx2e" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Summary Compensation Table Total for Non-CEO NEO<br/> ($)<sup id="xdx_F55_zFWdJh2rYcMa">1</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48A_eecd--NonPeoNeoAvgCompActuallyPaidAmt_zWwp0qVtmC03" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average Compensation Actually Paid to Non-CEO NEO<br/> ($)<sup id="xdx_F57_zoBXgYYwDQca">1,2</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48C_eecd--TotalShareholderRtnAmt_pid_zM7RaN0LW0h3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Value of initial fixed $100 investment based on total shareholder return<br/> ($)<sup id="xdx_F5F_zixG7VFeeXic">3</sup></b></span></td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_48F_eus-gaap--NetIncomeLoss_pn5n6_zwMt187DOtV1" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Net Income<br/> (in millions)<br/> ($)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr>
<tr id="xdx_41F_20250101__20251231_zJIAZmyL57tj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 13%; text-align: center">2025</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">150,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">146,477</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">66,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">65,860</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">22.28</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">-2.2</td><td style="width: 1%; text-align: left"> </td></tr>
<tr id="xdx_41C_20240101__20241231_zaQ5IksYkipl" style="vertical-align: bottom; background-color: White">
<td style="text-align: center">2024</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">150,000</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">173,467</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">66,000</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">66,986</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">33.67</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-24.7</td><td style="text-align: left"> </td></tr>
<tr id="xdx_417_20230101__20231231_zs2DVxh2mpC4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: center">2023</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">150,000</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-61,583</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">66,000</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">58,056</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">16.45</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-14.4</td><td style="text-align: left"> </td></tr>
</table>
150000
146477
66000
65860
22.28
-2200000
150000
173467
66000
66986
33.67
-24700000
150000
-61583
66000
58056
16.45
-14400000
David H. Lesser
David H. Lesser
David H. Lesser
<p id="xdx_898_eecd--AdjToPeoCompFnTextBlock_dU_zSV7L3xe6Vh4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="display: none; vertical-align: bottom">
<td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_49B_20250101__20251231__ecd--IndividualAxis__ecd--PeoMember_zX06aw3bawUi" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" id="xdx_498_20250101__20251231__ecd--IndividualAxis__ecd--NonPeoNeoMember_zKhmswkCYEqi" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>CEO</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>($)</b></span></p></td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Average
<br/>
Non-CEO NEOs</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>($)</b></span></p></td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; width: 60%; font-weight: bold; text-align: left">Summary Compensation Table (“SCT”) Total</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eecd--PeoTotalCompAmt_c20250101__20251231_zAnY7bX76IDe" style="width: 16%; text-align: right" title="Summary Compensation Table ("SCT") Total">150,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td id="xdx_98F_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zz9EiddMtJnl" style="width: 16%; text-align: right" title="Summary Compensation Table ("SCT") Total">66,000</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="font-weight: bold">Subtraction:</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr id="xdx_401_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--GrantDateValuesAsReportedInSCTMember_z36WMbvjPvV7" style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left">Grant date values as reported in SCT</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0052">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0053">-</span></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="font-weight: bold">Adjustments:</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr id="xdx_40B_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--FairValueOfAwardsGrantedDuringCoveredFiscalYearOutstandingandUnvestedMember_zG6Pd7wgnGO3" style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left">Fair value at year-end of awards granted during the covered fiscal year that are outstanding and unvested at year-end</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0055">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0056">-</span></td><td style="text-align: left"> </td></tr>
<tr id="xdx_405_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--YearOverYearChangeInFairValueAwardsGrantedPriorFiscalYearOutstandingUnvestedMember_zsKDOzuM4Nr1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; text-align: left">Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year-end</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0058">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0059">-</span></td><td style="text-align: left"> </td></tr>
<tr id="xdx_408_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember_ziSknLTKeJo3" style="vertical-align: bottom; background-color: White">
<td style="padding-left: 10pt; text-align: left">Fair values at vest date for awards granted and vested in current year</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0061">-</span></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0062">-</span></td><td style="text-align: left"> </td></tr>
<tr id="xdx_409_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--DifferenceInFairValuesBetweenPriorYearEndFairValuesAndVestDateFairValuesForAwardsGrantedUInPriorYearsMember_z0DyiBLBF5wb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; text-align: left">Addition (Subtraction): Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(3,523</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(140</td><td style="text-align: left">)</td></tr>
<tr id="xdx_40D_eecd--AdjToCompAmt_hecd--AdjToCompAxis__custom--DifferenceInFairValuesBetweenPriorYearEndFairValuesAndVestDateFairValuesForAwardsGrantedUInPriorYearsMember_z0DSrfDOIdRc" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-left: 10pt; text-align: left">Adjustment to Compensation Amount</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(3,523</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(140</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="font-weight: bold; text-align: left">Compensation Actually Paid</td><td> </td>
<td style="text-align: left">$</td><td id="xdx_98A_eecd--PeoActuallyPaidCompAmt_c20250101__20251231_zDI4xARFtDll" style="text-align: right" title="Compensation Actually Paid">146,477</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td id="xdx_982_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_z2nWThfnCiWf" style="text-align: right" title="Compensation Actually Paid">65,860</td><td style="text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Summary
Compensation Table amounts reflect the grant date fair values of equity awards. For CAP calculation purposes, adjustments have been made
to reflect fair values as of each measurement date.</span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup>(3)</sup></span></td>
<td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cumulative TSR is calculated
by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference
between the Trust’s share price at the end and the beginning of the measurement period by the Trust’s share price at
the beginning of the measurement period. The Trust has not paid dividends since 2013.</span></td></tr>
</table>
150000
66000
-3523
-140
-3523
-140
146477
65860
<p id="xdx_89E_eecd--CompActuallyPaidVsTotalShareholderRtnTextBlock_zGrDz53exmyl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
shareholder return in the first chart below, reflects the cumulative return of $100 as if invested on December 31, 2022, including reinvestment
of dividends.</span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><img alt="" src="formpre14a_002.jpg"/></span></p>
<p id="xdx_896_eecd--CompActuallyPaidVsNetIncomeTextBlock_zhu8eQvHkXcd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><img alt="" src="formpre14a_003.jpg"/></p>