XML 19 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income from continuing operations $ 63 $ 170
Adjustments to reconcile net income from operations to net cash flows from operating activities:    
Depreciation expense 3 2
Accretion income on notes receivable (104) (217)
Stock compensation expense 83 85
Gain on extinguishment of subordinated note receivable (1,326)
Gain on sale of closely held stock (120)
Paid in kind interest on subordinated note receivable (25)
Impairment loss on subordinated note receivable 833 897
Dividends on HC Realty common stock 165 124
Loss from affiliate 418 430
Changes in assets and liabilities:    
Prepaid expenses and other current assets 37 47
Interest and dividend receivables (207)
Income tax receivables 247 (247)
Deferred tax assets and other assets 232 232
Accounts payable (4) (22)
Accrued salaries and other accrued expenses (113) 46
Other long-term liabilities (12) (32)
Net cash provided by continuing operations 290 1,395
Cash flows from investing activities:    
Purchase of property, plant and equipment (3)
Investment in affiliate (8,250) (5,000)
New advances on loan receivable from affiliate (2,000)
Principal payments received on subordinated secured notes receivable 2,118 1,824
Principal repayments on loan receivable from affiliate 2,000
Proceeds from sale of closely held stock 120
Net cash used by investing activities (4,135) (5,056)
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock 12,675
Net cash provided by financing activities 12,675
Net increase (decrease) in cash and restricted cash 8,830 (3,661)
Cash and restricted cash at beginning of period 2,800 6,461
Cash and restricted cash at end of period 11,630 2,800
Cash 11,396 2,567
Restricted cash 234 233
Cash and restricted cash 11,630 2,800
Supplemental Non-Cash Disclosures:    
Dividends on investment in affiliate $ 200 $ 150