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Condensed Consolidated Statements of Income and Shareholders' Equity
USD ($)
$ / shares
Income Statement [Abstract]  
Revenue $ 3,821,000
Expenses:  
Operating 821,000
General and administrative 976,000
Total expenses 1,797,000
Income from operations before income taxes 2,024,000
Income tax expense (benefit):  
Current 649,000
Deferred (94,000)
Total Income tax expense 555,000
Income from continuing operations 1,469,000
Loss on sale of discontinued operations, net of tax (Note 8) (106,000)
Net income 1,363,000
Retained earnings, beginning at Dec. 31, 2021 6,325,000
Income tax expense (benefit):  
Dividends on common stock ($.07 per share) based upon 6,599,912 shares outstanding (1,386,000)
Retained earnings, ending at Sep. 30, 2022 $ 6,302,000
Basic income (loss) per common share based upon 6,599,912 shares outstanding  
Continuing operations | $ / shares $ 0.22
Discontinued operations | $ / shares (0.01)
Basic income per common share based upon 6,599,912 shares outstanding | $ / shares $ 0.21
Revenue $ 1,206,000
Operating 282,000
General and administrative 311,000
Total expenses 593,000
Income from operations before income taxes 613,000
Current 187,000
Deferred (19,000)
Total Income tax expense 168,000
Income from continuing operations 445,000
Loss on sale of discontinued operations, net of tax (Note 8) (55,000)
Net income 390,000
Retained earnings, beginning at Jun. 30, 2022 6,374,000
Income tax expense (benefit):  
Dividends on common stock ($.07 per share) based upon 6,599,912 shares outstanding (462,000)
Retained earnings, ending at Sep. 30, 2022 $ 6,302,000
Basic income (loss) per common share based upon 6,599,912 shares outstanding  
Continuing operations | $ / shares $ 0.07
Discontinued operations | $ / shares (0.01)
Basic income per common share based upon 6,599,912 shares outstanding | $ / shares $ 0.06
Class A common stock $ 66,000
Capital in excess of par 782,000
Shareholders' equity, ending 7,150,000
Class A common stock 66,000
Capital in excess of par 782,000
Shareholders' equity, ending 7,112,000
Revenue 4,056,000
Operating 659,000
General and administrative 1,007,000
Total expenses 1,666,000
Income from operations before income taxes 2,390,000
Current 732,000
Deferred (70,000)
Total Income tax expense 662,000
Income from continuing operations 1,728,000
Loss on sale of discontinued operations, net of tax (Note 8) (22,000)
Net income 1,706,000
Retained earnings, beginning at Dec. 31, 2022 6,264,000
Income tax expense (benefit):  
Dividends on common stock ($.07 per share) based upon 6,599,912 shares outstanding (1,386,000)
Retained earnings, ending at Sep. 30, 2023 $ 6,584,000
Basic income (loss) per common share based upon 6,599,912 shares outstanding  
Continuing operations | $ / shares $ 0.26
Discontinued operations | $ / shares (0)
Basic income per common share based upon 6,599,912 shares outstanding | $ / shares $ 0.26
Revenue $ 1,313,000
Operating 227,000
General and administrative 332,000
Total expenses 559,000
Income from operations before income taxes 754,000
Current 218,000
Total Income tax expense 218,000
Income from continuing operations 536,000
Loss on sale of discontinued operations, net of tax (Note 8) (2,000)
Net income 534,000
Retained earnings, beginning at Jun. 30, 2023 6,512,000
Income tax expense (benefit):  
Dividends on common stock ($.07 per share) based upon 6,599,912 shares outstanding (462,000)
Retained earnings, ending at Sep. 30, 2023 $ 6,584,000
Basic income (loss) per common share based upon 6,599,912 shares outstanding  
Continuing operations | $ / shares $ 0.08
Discontinued operations | $ / shares (0)
Basic income per common share based upon 6,599,912 shares outstanding | $ / shares $ 0.08
Class A common stock $ 66,000
Capital in excess of par 782,000
Shareholders' equity, ending $ 7,432,000