LEASES (Tables)

12 Months Ended

Dec. 31, 2022

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)
	2022		2021
Minimum rentals	$	32	$	45
Contingent rentals		—		—
	$	32	$	45

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,
		2022			2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	32		$	45
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	467		$	451

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, 2022			December 31, 2021
Operating Leases:
Operating lease right-of-use assets	$	467		$	451
Other current liabilities	$	2		$	6
Operating lease liabilities		466			440
Total operating lease liabilities	$	468		$	446
Weighted Average Remaining Lease Term
Operating leases	61 years			61 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, 2022 are as follows:

	(in thousands)
	Operating Leases
Year
2023	$	25
2024		26
2025		26
2026		26
2027		26
Thereafter		1,406
Total undiscounted lease payments	$	1,535
Less effects of discounting		(1,067	)
Total lease liabilities recognized		468