Income taxes, continuing operations (Tables)

3 Months Ended

Mar. 31, 2024

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:

	March 31, 2024			December 31, 2023
Gross deferred tax liabilities:
Property having a financial statement basis in excess of    tax basis	$	364,000		$	364,000
Accounts receivable		57,000			52,000
Insurance premiums and accrued leasing revenues		47,000			49,000
		468,000			465,000
Gross deferred tax assets:
Prepaid rent		(47,000	)		(40,000	)
Accounts payable and accrued expenses		(61,000	)		(49,000	)
Accrued property taxes		(92,000	)		(92,000	)
		(200,000	)		(181,000	)
	$	268,000		$	284,000