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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Expenses:        
General and administrative (including $120 and $147 for the six months ended 2020 and 2019, respectively, to related parties) $ 128 $ 175 $ 267 $ 308
Net income fee to related party 112 90 198 190
Advisory fee to related party 191 183 380 364
Total operating expenses 431 448 845 862
Net operating loss (431) (448) (845) (862)
Other income (expenses):        
Interest income from related parties 1,290 1,677 2,769 3,319
Other Income 742 147 742 147
Total other income 2,032 1,824 3,511 3,466
Income before taxes 1,601 1,376 2,666 2,604
Income tax expense 336 289 560 547
Net income $ 1,265 $ 1,087 $ 2,106 $ 2,057
Earnings per share - basic and diluted        
Net income (in dollars per share) $ 0.3 $ 0.26 $ 0.51 $ 0.49
Weighted average common shares used in computing earnings per share (in shares) 4,168,214 4,168,214 4,168,214 4,168,214