LEASES (Tables)

12 Months Ended

Dec. 31, 2021

LEASES [Abstract]

Rent Expense for All Operating Leases Except Those with Terms of 12 Months or Less

Rent expense for all operating leases except those with terms of 12 months or less comprises:

	For the Twelve Months Ended December 31,
(in thousands)
	2020		2019
Minimum rentals	$	45	$	44
Contingent rentals		—		—
	$	45	$	44

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:

	Twelve Months Ended		Twelve Months Ended
	December 31,		December 31,
		2020			2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	45		$	44
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	451		$	460

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

(in thousands, except lease term and discount rate)
	December 31, 2021			December 31, 2020
Operating Leases:
Operating lease right-of-use assets	$	451		$	460
Other current liabilities	$	6		$	20
Operating lease liabilities		440			432
Total operating lease liabilities	$	446		$	452
Weighted Average Remaining Lease Term
Operating leases	61 years			59 years
Weighted Average Discount Rate
Operating leases		5.0	%		5.0	%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2021 are as follows:

	(in thousands)
	Operating Leases
Year
2022	$	29
2023		24
2024		24
2025		24
2026		25
Thereafter		1,334
Total undiscounted lease payments	$	1,460
Less effects of discounting		(1,014	)
Total lease liabilities recognized		446