INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Provision (Benefit) for Income Taxes

The provision for income taxes consists of the following at December 31:

($ in thousands)	2025		2024		2023
Total provision (benefit):	$	1,088	$	976	$	2,323
Federal:
Current	110		26		1,371
Deferred	652		633		353
	762		659		1,724
State:
Current	85		260		584
Deferred	241		57		15
	326		317		599
Total	$	1,088	$	976	$	2,323

Schedule of Reconciliation of Income Tax Expense from Statutory Federal Income Tax Rate

The income tax rate reconciliation was as follows at December 31:

	2025				2024				2023
($ in thousands)	Amount		Tax Rate		Amount		Tax Rate		Amount		Tax Rate
Income tax at statutory rate	$	250	21.0	%	$	770	21.0	%	$	1,195	21.0	%
State income taxes, net of federal benefit	257		21.6	%	256		7.0	%	578		10.2	%
Excess stock compensation expense (benefit)	104		8.7	%	6		0.2	%	(501)		(8.1)	%
Non-deductible compensation	608		53.6	%	181		4.9	%	1,302		22.9	%
Oil and mineral depletion	(109)		(9.1)	%	(129)		(3.5)	%	(130)		(2.3)	%
Permanent differences	5		0.4	%	(11)		(0.3)	%	9		0.2	%
Other	(27)		(2.3)	%	(97)		(2.7)	%	(130)		(2.3)	%
Tax provision	$	1,088	93.9	%	$	976	26.6	%	$	2,323	41.6	%

Schedule of Components of Net Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities were as follows at December 31:

($ in thousands)	2025		2024
Deferred income tax assets:
Accrued expenses	$	199	$	319
Deferred revenues	614		644
Capitalization of costs	1,099		1,157
Pension adjustment	1,797		1,801
Stock grant expense	1,183		2,164
State deferred taxes	240		248
Book deferred gains	2,127		2,127
Joint venture allocations	130		524
Provision for additional capitalized costs	699		699
Interest rate swap	1,444		1,444
Other	490		74
Total deferred income tax assets	$	10,022	$	11,201
Deferred income tax liabilities:
Deferred gains	$	1,753	$	1,753
Depreciation	5,960		5,447
Cost of sales allocations	872		872
Joint venture allocations	7,249		7,729
Capitalized stock compensation	1,626		1,431
Straight line rent	165		231
Prepaid expenses	130		679
Interest rate swap	1,444		1,444
Other	672		674
Total deferred income tax liabilities	$	19,871	$	20,260
Net deferred taxes	$	(9,849)	$	(9,059)