XML 16 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

Year

  

Summary
Compensation
Table 

Total for
PEO  

(1)

  

Compensation
Actually Paid
to PEO

  

Summary
Compensation
Table  

Total for PEO 

(1)

   Compensation
Actually Paid
to PEO
  

Average
Summary
Compensation
Table

Total for
Non-PEO
NEOs

(2) 

  

Average
Compensation
Actually Paid
to Non-PEO
NEOs

  

Value of Initial Fixed

$100

Investment
Based On:

Total
Shareholder
Return

(3)

 

Net (Loss)
Income (in
thousands

(4)

 
(a)   (b)   (c)   (d)   (e)   (f)   (g)   (h)   (i) 
2024   $309,820   $309,820   $0   $0   $250,288   $250,288   $0.42   $(112)
2023   $61,616   $61,616   $331,745   $331,745   $231,400   $231,400   $23   $1,429 
2022   $0   $0   $365,369   $365,369   $222,844   $222,844   $38   $1,745 

 

(1)The amounts reported in column (b) and (c)  are the amounts of total compensation reported for Mark C. Hanna, our President and Chief Executive Officer (our PEO) from and after October 2023 and the amounts reported in column (d) and (e) are the amounts of total compensation reported for John D. Long, our President and Chief Executive Officer (our PEO) through October 2023, in each case for each corresponding year in the “Total” column of the Summary Compensation Table.

 

(2)The amounts reported in column (f) represent the average of the amounts reported for our named executive officers as a group (excluding our President and CEO) in the “Total” column of the Summary Compensation Table in each applicable year.

 

(3)“Total Shareholder Return” represents our cumulative total stockholder return during each measurement period and is calculated by dividing the sum of (i) the difference between the share price of our common stock at the end and the beginning of the measurement period, plus (ii) the cumulative amount of dividends paid on our common stock for the measurement period, assuming dividend reinvestment, by the share price of our common stock at the beginning of the measurement period. Each amount assumes that $100 was invested in our common stock on December 31, of the preceding measurement period, and dividends were reinvested for additional shares.

 

(4)The amounts reported represent the amount of net income (in thousands) reflected in our audited consolidated financial statements for the applicable year.
   
Named Executive Officers, Footnote
(1)The amounts reported in column (b) and (c)  are the amounts of total compensation reported for Mark C. Hanna, our President and Chief Executive Officer (our PEO) from and after October 2023 and the amounts reported in column (d) and (e) are the amounts of total compensation reported for John D. Long, our President and Chief Executive Officer (our PEO) through October 2023, in each case for each corresponding year in the “Total” column of the Summary Compensation Table.
   
Non-PEO NEO Average Total Compensation Amount $ 250,288 $ 231,400 $ 222,844
Non-PEO NEO Average Compensation Actually Paid Amount 250,288 231,400 222,844
Total Shareholder Return Amount 0.42 23 38
Net Income (Loss) $ (112,000) 1,429,000 1,745,000
PEO Name Mark C. Hanna    
Mark C. Hanna [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 309,820 61,616 0
PEO Actually Paid Compensation Amount 309,820 61,616 0
John D. Long [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount 0 331,745 365,369
PEO Actually Paid Compensation Amount $ 0 $ 331,745 $ 365,369