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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Expenses:        
General and administrative (including $60 and $69 for the three months and $147 and $133 for the six months ended 2019 and 2018, respectively, to related parties) $ 175 $ 153 $ 308 $ 276
Net income fee to related party 90 53 190 106
Advisory fee to related party 183 168 364 332
Total operating expenses 448 374 862 714
Net operating loss (448) (374) (862) (714)
Other income (expenses):        
Interest income from related parties 1,677 1,081 3,319 2,123
Other Income 147   147  
Total other income 1,824 1,081 3,466 2,123
Income before taxes 1,376 707 2,604 1,409
Income tax expense 289   547  
Net income $ 1,087 $ 707 $ 2,057 $ 1,409
Earnings per share - basic and diluted        
Net income (in dollars per share) $ 0.26 $ 0.17 $ 0.49 $ 0.34
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214