Income Taxes

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

We are part of a tax sharing and compensating agreement with respect to federal income taxes with ARL. In accordance with the agreement, our expense (benefit) in each year is calculated based on the amount of losses absorbed by taxable income multiplied by the maximum statutory tax rate of 21%.

The following table summarizes our income tax provision:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Current	$	88,037	$	156	$	88,105	$	(1,037)
Deferred	—		—		—		—
	$	88,037	$	156	$	88,105	$	(1,037)