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Consolidated Statements of Income and Retained Earnings - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Leasing revenue $ 5,626,000 $ 5,525,000
Expenses:    
Operating 949,000 882,000
General and administrative 1,446,000 1,394,000
Total expenses 2,395,000 2,276,000
Income from continuing operations before income taxes 3,231,000 3,249,000
Income tax expense:    
Current 892,000 885,000
Deferred   13,000
Total Income tax expense 892,000 898,000
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total 2,339,000 2,351,000
Loss on sale of discontinued operations, net of tax (Note 9) (336,000) (24,000)
Net income 2,003,000 2,327,000
Retained earnings, beginning 6,743,000 6,264,000
Dividends on common stock based on 6,599,912 shares outstanding (1,848,000) (1,848,000)
Retained earnings, ending $ 6,898,000 $ 6,743,000
Basic income (loss) per common share based upon 6,599,912 shares outstanding    
Continuing operations $ 0.35 $ 0.35
Discontinued operations (0.05) 0
Total basic income per common share $ 0.3 $ 0.35