Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

The expense for income taxes consists of:

	Year Ended December 31,
	2024		2023		2022
Current:
Federal	$	1,776	$	1,768	$	77,668
State	154		171		7,710
Deferred and Other:
Federal	—		—		17,812
State	—		—		—
Total tax expense	$	1,930	$	1,939	$	103,190

Schedule of Reconciliation of Effective Tax Rate

The reconciliation between our effective tax rate on income from operations and the statutory rate is as follows:

	Year Ended December 31,
	2024			2023			2022
Income tax expense at federal statutory rate	$	1,776		$	1,768		$	118,700
State and local income taxes net of federal tax benefit	154			171			7,711
Valuation allowance	—			—			(23,221)
Calculated income tax expense	$	1,930		$	1,939		$	103,190
Effective tax rate	22.8		%	22.9		%	22.5		%

Schedule of Components of the Net Deferred Tax Asset or Liability

Components of the Net Deferred Tax Asset:

	December 31,
	2024		2023
Deferred tax asset
Basis difference for fixed assets	$	2,333	$	1,952
Deferred gain	122		122
Net deferred tax asset	$	2,455	$	2,074