Related Party Transactions

12 Months Ended

Dec. 31, 2020

Related Party Transactions [Abstract]

Related Party Transactions

Note 13 – Related Party Transactions

From time to time, the Company and its subsidiaries have business dealings with companies owned by directors and beneficial shareholders of the Company.  Payments made to these companies that exceeded the disclosure threshold of $120,000 in 2020 are reported below.

In 2020 and 2019, leasing/rental expenditures of $511,000 and $500,000 respectively, (including reimbursements for taxes, insurance, and other expenses) were paid to an entity indirectly owned by a director of the Company.