XML 40 R23.htm IDEA: XBRL DOCUMENT

COMMITMENT AND CONTINGENCIES	12 Months Ended
COMMITMENT AND CONTINGENCIES	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENT AND CONTINGENCIES	COMMITMENT AND CONTINGENCIES The Company maintains a non-contributory defined contribution pension plan covering eligible employees and officers. Contributions by the Company are made through a money purchase plan, based upon a percent of qualified employees' total salary as defined therein. Pension expense approximated $423,000 and $386,000 during the years ended December 31, 2021 and 2020, respectively. At December 31, 2021 and 2020, $23,000 and $186,000, respectively, remains unpaid and is included in accounts payable and accrued liabilities on the consolidated balance sheets. At December 31, 2021, the Company is the carve-out guarantor with respect to mortgage debt in principal amount of $189,290,000 at seven multi-family properties.