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Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 22,365 $ 6 $ 46,037 $ (34,399) $ 34,009
Beginning balance, shares at Dec. 31, 2021 894,580 6,497,205      
Stock based compensation $ 1 62 63
Stock based compensation, shares   30,796      
Dividends declared on Series A Preferred Shares ($0.50 per share) (447) (447)
Interests issued for contributed cash
Net income (loss) (3,823) (3,823)
Ending balance, value at Mar. 31, 2022 $ 22,365 $ 7 46,099 (38,669) 29,802
Ending balance, shares at Mar. 31, 2022 894,580 6,528,001      
Beginning balance, value at Dec. 31, 2021 $ 22,365 $ 6 46,037 (34,399) 34,009
Beginning balance, shares at Dec. 31, 2021 894,580 6,497,205      
Net income (loss)         (9,301)
Ending balance, value at Jun. 30, 2022 $ 22,365 $ 9 49,933 (44,549) 27,713
Ending balance, shares at Jun. 30, 2022 894,580 9,278,001      
Beginning balance, value at Mar. 31, 2022 $ 22,365 $ 7 46,099 (38,669) 29,802
Beginning balance, shares at Mar. 31, 2022 894,580 6,528,001      
Stock based compensation 53 52
Dividends declared on Series A Preferred Shares ($0.50 per share) (447) (447)
Net income (loss) (5,478) (5,478)
Common stock issuance $ 3 3,781 3,784
Common stock issuance, shares   2,750,000      
Ending balance, value at Jun. 30, 2022 $ 22,365 $ 9 49,933 (44,549) 27,713
Ending balance, shares at Jun. 30, 2022 894,580 9,278,001      
Beginning balance, value at Dec. 31, 2022 $ 22,365 $ 9 50,021 (35,100) 37,295
Beginning balance, shares at Dec. 31, 2022 894,580 9,410,473      
Stock based compensation 641 641
Stock based compensation, shares   1,080      
Dividends declared on Series A Preferred Shares ($0.50 per share) (447) (447)
Net income (loss) 1,350 1,350
Common stock issuance     74   74
Common stock issuance, shares   27,186      
Cumulative effect of adoption of accounting guidance for expected credit losses at January 1, 2023       (106) (106)
Ending balance, value at Mar. 31, 2023 $ 22,365 $ 9 50,736 (34,303) 38,807
Ending balance, shares at Mar. 31, 2023 894,580 9,438,739      
Beginning balance, value at Dec. 31, 2022 $ 22,365 $ 9 50,021 (35,100) 37,295
Beginning balance, shares at Dec. 31, 2022 894,580 9,410,473      
Net income (loss)         (1,573)
Ending balance, value at Jun. 30, 2023 $ 22,365 $ 10 52,302 (37,670) 37,007
Ending balance, shares at Jun. 30, 2023 894,580 10,303,739      
Beginning balance, value at Mar. 31, 2023 $ 22,365 $ 9 50,736 (34,303) 38,807
Beginning balance, shares at Mar. 31, 2023 894,580 9,438,739      
Stock based compensation 361 361
Dividends declared on Series A Preferred Shares ($0.50 per share) (444) (444)
Net income (loss) (2,923) (2,923)
Common stock issuance $ 1 1,205 1,206
Common stock issuance, shares   865,000      
Ending balance, value at Jun. 30, 2023 $ 22,365 $ 10 $ 52,302 $ (37,670) $ 37,007
Ending balance, shares at Jun. 30, 2023 894,580 10,303,739