LEASES (Tables)

12 Months Ended

Dec. 31, 2024

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)
	2024		2023
Minimum rentals	$	35	$	34
Contingent rentals		—		—
	$	35	$	34

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:

(in thousands)

	Twelve Months Ended		Twelve Months Ended
	December 31,		December 31,
		2024			2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	35		$	34
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	414		$	506

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, 2024			December 31, 2023
Operating Leases:
Operating lease right-of-use assets	$	414		$	506
Other current liabilities	$	8		$	9
Operating lease liabilities		404			503
Total operating lease liabilities	$	412		$	512
Weighted Average Remaining Lease Term
Operating leases	68 years			58 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, 2024 are as follows:

	(in thousands)
	Operating Leases
Year
2025	$	28
2026		28
2027		28
2028		22
2029		20
Thereafter		1,321
Total undiscounted lease payments	$	1,447
Less effects of discounting		(1,035	)
Total lease liabilities recognized		412

As of December 31, 2024, we have not entered into finance leases that will commence at a future date.