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Income Taxes (Tables)

12 Months Ended

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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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.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of deferred tax liabilities not recognized because of the exceptions to comprehensive recognition of deferred taxes, including a description of the temporary differences, events that would cause the temporary differences to become taxable, the cumulative amounts of the temporary differences and the amounts not recognized as deferred tax liabilities or a statement that the determination of the deferred tax liabilities is not practicable.

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