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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Tax Expense | The provision for income tax expense included in the financial statements (in thousands):
|  | Years Ended December 31,
|  | 2024 |  | 2023 |  | 2022
Included in Net income: |  |  |  |  |  |
Continuing operations |  | $ | 2,029 |  |  | 1,516 |  |  | 1,530 |
Comprehensive income |  | 39 |  |  | 551 |  |  | (515) |
Total tax expense |  | $ | 2,068 |  |  | 2,067 |  |  | 1,015 |
Schedule of Provision for Income Tax Benefit | The provision for income taxes (income tax benefit) consists of the following (in thousands):
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
Current: |  |  |  |  |  |
Federal |  | $ | 3,245 |  |  | 2 |  |  | (214) |
State |  | 591 |  |  | 570 |  |  | (571) |
|  | 3,836 |  |  | 572 |  |  | (785) |
Deferred |  | (1,768) |  |  | 1,495 |  |  | 1,800 |
Total |  | $ | 2,068 |  |  | 2,067 |  |  | 1,015 |
Schedule Of Income Tax Reconciliation | A reconciliation between the amount of tax shown above and the amount computed at the statutory Federal income tax rate follows (in thousands):
| Year Ended December 31
| 2024 |  | 2023 |  | 2022
Amount computed at statutory |  |  |  |  |
Federal rate | $ | 1,807 |  |  | 1,812 |  |  | 924 |
State income taxes (net of Federal income tax benefit) | 151 |  |  | 178 |  |  | (30) |
Other, net | 110 |  |  | 77 |  |  | 121 |
Provision for income taxes | $ | 2,068 |  |  | 2,067 |  |  | 1,015 |
Schedule of Deferred Tax Assets and Deferred Tax Liabilities | The types of temporary differences and their related tax effects that give rise to deferred tax assets and deferred tax liabilities are presented below (in thousands):
| December 31,
| 2024 |  | 2023 |  | 2022
Deferred tax liabilities: |  |  |  |  |
Property and equipment | $ | 36,868 |  |  | 42,317 |  |  | 41,866 |
Investment in Opportunity Zone | 31,088 |  |  | 34,966 |  |  | 34,871 |
Depletion | 596 |  |  | 706 |  |  | 697 |
Unrealized rents | 269 |  |  | 385 |  |  | 150 |
Prepaid expenses and other | 218 |  |  | 256 |  |  | 31 |
Gross deferred tax liabilities | 69,039 |  |  | 78,630 |  |  | 77,615 |
Deferred tax assets: |  |  |  |  |
Federal tax loss carryforwards | — |  |  | 3,153 |  |  | 6,375 |
State tax loss carryforwards | 1,351 |  |  | 6,012 |  |  | 2,359 |
Employee benefits and other | — |  |  | 9 |  |  | 921 |
Gross deferred tax assets | 1,351 |  |  | 9,174 |  |  | 9,655 |
Net deferred tax liability | $ | 67,688 |  |  | 69,456 |  |  | 67,960 |
Schedule Of NOL Carryovers |
| Years Ended
Other Items - All Gross | 12/31/2024 |  | 12/31/2023
State NOL Carryovers | 16,002 |  |  | 49,278 |
Federal NOL Carryovers | — |  |  | 28,637 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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