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L. QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)

NOTE L - QUARTERLY DATA (UNAUDITED)

 

The table below reflects the Company’s selected quarterly information for the years ended December 31, 2020, 2017 and 2016.  Amounts shown are in thousands except per share amounts.

 

  First   Second   Third   Fourth
Year ended December 31, 2020 Quarter   Quarter   Quarter   Quarter
               
Revenue   $            25    $                25    $                25    $                26
Operating (expense)               (18)                     (18)                     (18)                     (18)
Corporate general and administrative expense             (104)                   (127)                     (65)                   (100)
Other income (expense) net                 60                      60                    137                      58
Income (loss) allocable to common shareholders               (97)                   (137)                 2,182                     (32)
Income (loss) per common share – basic ($0.02)   ($0.03)   $0.43   $0.00
               

 

  First   Second   Third   Fourth
Year ended December 31, 2019 Quarter   Quarter   Quarter   Quarter
               
Revenue   $            24    $                24    $                25    $                25
Operating (expense)               (15)                     (15)                     (15)                     (16)
Corporate general and administrative expense               (88)                   (134)                     (92)                   (104)
Other income (expense) net                 60                    213                    106                      62
Income (loss) allocable to common shareholders              126                   (141)                (2,320)                     (17)
Income (loss) per common share – basic $0.02   ($0.03)   ($0.45)   $0.00
               

 

  First   Second   Third   Fourth
Year ended December 31, 2018 Quarter   Quarter   Quarter   Quarter
               
Revenue   $            37    $                36    $                25    $                25
Operating (expense)               (15)                     (15)                     (15)   (14)
Corporate general and administrative expense               (75)                   (108)                     (99)                     (77)
Other income (expense) net                   5                        5                        5   15
Income (loss) allocable to common shareholders  $         (134)    $             (174)    $             (121)    $                 (4)
Income (loss) per common share – basic ($0.07)   ($0.08)   ($0.06)   $0.00