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SUBSEQUENT EVENTS
 3 Months Ended
Mar. 31, 2022
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 15 – SUBSEQUENT EVENTS

Subsequent events have been evaluated and, except as noted below and previously disclosed, there were no other events relative to the consolidated financial statements that require additional disclosure.

Round Rock Guaranty Litigation

With respect to the lawsuit captioned OLP Wyoming Springs, LLC, Plaintiff, v. Harden Healthcare, LLC, Defendant, v Benjamin Hanson, Intervenor (the “Lawsuit”) more fully described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, on April 15, 2022, the Company received, pursuant to the settlement agreement entered into in February 2022, approximately $5,400,000 representing the amount it was to receive pursuant to such agreement.  This sum will be recognized as Other income on the consolidated statements of income during the three and six months ending June 30, 2022.  As a result of the receipt of this payment, the parties to the Lawsuit are, among other things, to seek dismissal of the Lawsuit with prejudice and release each other and certain other persons from claims and liabilities with respect to matters pertaining to the Lawsuit.