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Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Net income from operations $ 879 $ 464
Adjustments to reconcile net income from operations to net cash flows from operating activities:    
Depreciation expense 1 1
Accretion income on notes receivable (76) (144)
Stock compensation expense 42 43
Paid in kind interest on subordinated note receivable (25)
Gain on settlement of subordinated note receivable (1,326)
Gain on sale of closely held stock (120)
Impairment loss on subordinated note receivable 897
Dividends on HC Realty common stock 82 41
Loss from affiliate 177 141
Changes in assets and liabilities:    
Prepaid expenses and other current assets (10)
Interest and dividends receivables (99)
Income tax receivable 247
Deferred tax assets and other assets 232 (15)
Accounts payable (5) (27)
Other accrued expenses 29 99
Other long-term liabilities (12) (26)
Net cash provided by operations 136 1,354
Cash flows from investing activities:    
Purchase of property, plant, and equipment (3)
Investment in affiliate (8,250) (5,000)
New advances on loan receivable to affiliate (2,000)
Principal payments received on subordinated secured notes receivable 2,062 1,000
Proceeds from sale of closely held stock 120
Net cash (used in) investing activities (6,191) (5,880)
Cash flows from financing activities:    
Issuance of common stock 12,675
Net cash provided by investing activities 12,675
Net (decrease) increase in cash and restricted cash 6,620 (4,526)
Cash and restricted cash at beginning of period 2,800 6,461
Cash and restricted cash at end of period 9,420 1,935
Cash 9,187 1,704
Restricted cash 233 231
Cash and restricted cash 9,420 1,935
Supplemental Non-Cash Disclosures:    
Dividends on investment in affiliate $ 50 $ 50