QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY DATA (UNAUDITED)

NOTE L – QUARTERLY DATA (UNAUDITED)

The table below reflects the Company’s selected quarterly information for the years ended December 31, 2021, 2020 and 2019.  Amounts shown are in thousands except per share amounts.

	First			Second			Third			Fourth
Year ended December 31, 2021	Quarter			Quarter			Quarter			Quarter
Revenue	$	26		$	26		$	25		$	25
Operating (expense)		(18	)		(20	)		(34	)		(5	)
Corporate general and administrative expense		(74	)		(111	)		(53	)		(122	)
Other income (expense) net		145			154			54			53
Income (loss) allocable to common shareholders		79			49			(8	)		(49	)
Income (loss) per common share – basic	$	0.01		$	0.01		($	0.01	)	$	0.00

	First			Second			Third			Fourth
Year ended December 31, 2020	Quarter			Quarter			Quarter			Quarter
Revenue	$	25		$	25		$	25		$	26
Operating (expense)		(18	)		(18	)		(18	)		(18	)
Corporate general and administrative expense		(104	)		(127	)		(65	)		(100	)
Other income (expense) net		60			60			137			58
Income (loss) allocable to common shareholders		(97	)		(137	)		2,182			(32	)
Income (loss) per common share – basic	($	0.02	)	($	0.03	)	$	0.43		$	0.00

	First			Second			Third			Fourth
Year ended December 31, 2019	Quarter			Quarter			Quarter			Quarter
Revenue	$	24		$	24		$	25		$	25
Operating (expense)		(15	)		(15	)		(215	)		(16	)
Corporate general and administrative expense		(88	)		(134	)		(92	)		(104	)
Other income (expense) net		60			213			106			62
Income (loss) allocable to common shareholders	$	126		$	(141	)	$	(2,320	)	$	(17	)
Income (loss) per common share – basic	$	0.02		($	0.03	)	($	0.45	)	$	0.00