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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Expenses:      
General and administrative (including $260, $284, and $234 for the year ended 2019, 2018, and 2017 respectively, to related parties) $ 494 $ 494 $ 438
Net income fee to related party 357 631 250
Advisory fee to related party 737 685 660
Total operating expenses 1,588 1,810 1,348
Net operating loss (1,588) (1,810) (1,348)
Other income (expenses):      
Interest income from related parties 6,574 4,880 4,237
Other Income 237   250
Total other income 6,811 4,880 4,487
Income before gain on sale of real estate land 5,223 3,070 3,139
Gain on sale of real estate land   7,323  
Income before taxes 5,223 10,393 3,139
Income tax (expense) - current 1,078 1,391 1,098
Income tax expense - deferred   792 533
Net income $ 4,145 $ 8,210 $ 1,508
Earnings per share - basic and diluted      
Net income (in dollars per share) $ 0.99 $ 1.97 $ 0.36
Weighted average common shares used in computing earnings per share (in shares) 4,173,675 4,168,214 4,168,214