Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

The significant components of the net deferred income tax asset consist of the following at December 31 (dollars in thousands):

	2020		2019
Deferred tax assets:
Net operating loss carryforward	$	3,892	$	3,899
Valuation allowance	(3,892)		(3,899)
Total deferred tax assets	—		—
Deferred tax liabilities:
Built-in gain	—		—
Total deferred tax liabilities	—		—
Net deferred tax asset	$	—	$	—

Income Tax Benefit (Expense) Reconciliation

The total income tax benefit (expense) differs from the amount computed by applying the statutory federal tax rate to net earnings before taxes as follows for the years ended December 31 (dollars in thousands):

	2020		2019		2018
Loss carryforwards increase (decrease)	$	(7)	$	—	$	—
Built-in gain tax liability	—		41		—
Valuation allowance (increase) decrease	7		(41)		—
Total tax expense	$	—	$	—	$	—