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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Components of Income Tax Expense (Benefit) | The components of income tax expense (benefit) from operations for the years ended December 31, 2021, 2020 and 2019 are as follows:
| 2021 |  | 2020 |  | 2019
Current: |  |  |  |  |
Federal | $ | 455 |  |  | $ | (174) |  |  | $ | 174 |
State | 493 |  |  | 741 |  |  | 366 |
| 948 |  |  | 567 |  |  | 540 |
Deferred: |  |  |  |  |
Federal | 2,142 |  |  | 1,027 |  |  | 882 |
State | 290 |  |  | 142 |  |  | 478 |
| 2,432 |  |  | 1,169 |  |  | 1,360 |
Total income tax expense | $ | 3,380 |  |  | $ | 1,736 |  |  | $ | 1,900 |
Income Tax Reconciliation | The income tax expense from the Taxable Subsidiary operations for the years ended December 31, 2021 and 2020 differs from the "expected" tax expense (computed by applying the federal corporate rate of 21% to income before income taxes of the Taxable Subsidiary) as follows:
| 2021 |  | 2020
"Expected" tax expense | $ | 2,223 |  |  | $ | 361 |
Increase in income taxes resulting from: |  |  |
State income taxes, net of federal income tax expense | 382 |  |  | 327 |
Other non-deductible items | 384 |  |  | 472 |
Other, net | 91 |  |  | 108 |
Actual tax expense | $ | 3,080 |  |  | $ | 1,268 |
Deferred Tax Assets and Liabilities | Significant components of deferred tax assets and liabilities at December 31, 2021 and 2020 are as follows:
| 2021 |  | 2020
Deferred tax assets: |  |  |
Bad debt reserves | $ | 26 |  |  | $ | 59 |
Goodwill and intangibles | 12,523 |  |  | 13,893 |
Employee benefits | 57 |  |  | 244 |
Interest expense | — |  |  | — |
Tax loss carryforwards | 10,676 |  |  | 12,671 |
Other | 129 |  |  | 251 |
Subtotal | 23,411 |  |  | 27,118 |
Less: Valuation allowance | — |  |  | — |
Total net deferred tax assets | 23,411 |  |  | 27,118 |
Deferred tax liabilities: |  |  |
Property and equipment | (3,590) |  |  | (4,861) |
Operating leases | — |  |  | (4) |
Other | — |  |  | — |
Total deferred tax liabilities | (3,590) |  |  | (4,865) |
Net deferred tax assets | $ | 19,821 |  |  | $ | 22,253 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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