Income taxes, continuing operations (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Deferred Tax Assets and Liabilities

The tax effects of temporary differences for continuing operations which give rise to deferred tax assets and liabilities are as follows:

	September 30, 2023			December 31, 2022
Gross deferred tax liabilities:
Property having a financial statement basis in excess of tax basis	$	364,000		$	361,000
Accounts receivable		318,000			289,000
Deferred income - conversion to cash basis of accounting for tax purposes		5,000			19,000
Insurance premiums		18,000			50,000
		705,000			719,000
Gross deferred tax assets:
Allowance for doubtful accounts		(302,000	)		(279,000	)
Prepaid rent		(49,000	)		(25,000	)
Accounts payable and accrued expenses		(61,000	)		(74,000	)
Accrued property taxes		(92,000	)		(70,000	)
		(504,000	)		(448,000	)
	$	201,000		$	271,000