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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 2,760 $ 63
Adjustments to reconcile net income from operations to net cash flows from operating activities:    
Depreciation expense 30 3
Accretion income on notes receivable 0 (104)
Stock compensation expense 84 83
Paid in kind interest on subordinated note receivable 0 (25)
Bargain purchase gain on acquisition of subsidiary (17) 0
Gain on remeasurement of equity interest (3,327) 0
Gain on settlement of subordinated note receivable 0 (1,326)
Gain on extinguishment of debt (545) 0
Impairment loss on subordinated note receivable 701 833
Dividends on HC Realty common stock 165 165
Loss from affiliate 381 418
Changes in assets and liabilities:    
Prepaid expenses and other current assets 23 37
Accounts receivable 46 0
Interest and dividends receivables 0 (207)
Income tax receivable 491 247
Deferred tax assets and other assets (58) 232
Accounts payable 7 (4)
Commissions payable (168) 0
Escrow liabilities (1,242) 0
Reserve for title claims 22 0
Other accrued expenses (160) (113)
Other long-term liabilities (128) (12)
Net cash (used in) provided by operations (935) 290
Cash flows from investing activities:    
Purchase of property, plant, and equipment (13) (3)
Investment in affiliate 0 (8,250)
Investment in subsidiaries, net of cash acquired 9,223 0
Principal payments received on loan to affiliate 0 2,000
Principal payments received on subordinated secured notes receivable 190 2,118
Net cash provided by (used in) investing activities 9,400 (4,135)
Cash flows from financing activities:    
Issuance of common stock 0 12,675
Redemption of fractional shares from stock split (2) 0
Net cash (used in) provided by investing activities (2) 12,675
Net increase in cash and restricted cash 8,463 8,830
Cash and restricted cash at beginning of period 11,630 2,800
Cash and restricted cash at end of period 20,093 11,630
Cash 11,806 11,396
Restricted cash 8,287 234
Cash and restricted cash 20,093 11,630
Supplemental Non-Cash Disclosures:    
Dividends on investment in affiliate 256 200
Extinguishment of debt $ 545 $ 0