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Federal Income Tax Reporting (Tables)
12 Months Ended
Dec. 31, 2023
Federal Income Tax Reporting  
Schedule of income tax expense reflected in the condensed consolidated statements of income

For the Year Ended December 31,

 

(Dollars in thousands)

    

2023

    

2022

    

2021

 

 

Revised Texas Franchise Tax

$

279

$

239

$

234

Other Taxes

 

 

(35)

 

404

Tax expense

$

279

$

204

$

638

Summary of tax components of Company's common distribution paid per share

2023

2022

2021

 

    

Per Share

    

%

    

Per Share

    

%

    

Per Share

    

%

 

Ordinary income

$

 

%  

$

 

%  

$

 

%  

Capital gain

 

 

%  

 

0.14

 

70

%  

 

0.68

 

100

%  

Return of capital

 

0.04

 

100

%  

 

0.06

 

30

%  

 

 

%  

Total

$

0.04

 

100

%  

$

0.20

 

100

%  

$

0.68

 

100

%