10-Q Filing

FAT BRANDS, INC CIK: 1705012 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001493152-19-007133`
Period End Date	20190331
Filing Date	20190514
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	fat-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 55 Cash Flow Statement 78 Stockholders Equity 10

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$595.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$641.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Cash	`Cash`	$32.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$112.00K	USD	Point-in-time
Cash	`Cash`	$653.00K	USD	Point-in-time
Cash	`Cash`	$690.00K	USD	Point-in-time
Cash	`Cash`	$15.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$112.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $641 and $595, respectively	`AccountsReceivableNetCurrent`	$1.78M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $641 and $595, respectively	`AccountsReceivableNetCurrent`	$2.08M	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $37	`TradeNotesReceivableCurrent`	$66.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $37	`TradeNotesReceivableCurrent`	$65.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Assets classified as held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.55M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.81M	shares	Point-in-time
Assets classified as held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$716.00K	USD	Point-in-time
Advertising expenditures in excess of collections	`AdvertisingExpendituresInExcessOfCollections`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.81M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.55M	shares	Point-in-time
Advertising expenditures in excess of collections	`AdvertisingExpendituresInExcessOfCollections`	$167.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.04M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.54M	USD	Point-in-time
Trade notes receivable - noncurrent, net of allowance for doubtful accounts of $112	`TradeNotesReceivableNoncurrent`	$195.00K	USD	Point-in-time
Trade notes receivable - noncurrent, net of allowance for doubtful accounts of $112	`TradeNotesReceivableNoncurrent`	$212.00K	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$15.51M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$17.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.24M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.06M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$10.39M	USD	Point-in-time
Goodwill	`Goodwill`	$10.39M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.29M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$433.00K	USD	Point-in-time
Total assets	`Assets`	$60.39M	USD	Point-in-time
Total assets	`Assets`	$57.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.71M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.07M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	-	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$369.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$709.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$2.25M	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityCurrent`	$1.06M	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityCurrent`	$1.08M	USD	Point-in-time
Dividend payable on mandatorily redeemable preferred shares	`DividendPayableOnRedeemablePreferredShares`	$391.00K	USD	Point-in-time
Dividend payable on mandatorily redeemable preferred shares	`DividendPayableOnRedeemablePreferredShares`	$453.00K	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$347.00K	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.61M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$6.62M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$6.38M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$3.50M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$1.82M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$711.00K	USD	Point-in-time
Mandatorily redeemable preferred shares, net	`RedeemablePreferredShares`	$14.21M	USD	Point-in-time
Mandatorily redeemable preferred shares, net	`RedeemablePreferredShares`	$14.19M	USD	Point-in-time
Deferred dividend payable on mandatorily redeemable preferred shares	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$228.00K	USD	Point-in-time
Deferred dividend payable on mandatorily redeemable preferred shares	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$328.00K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$19.76M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$63.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$78.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$55.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$52.22M	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,807,349 and 11,546,589 shares issued and outstanding at March 31, 2019 and December 30, 2018, respectively	`CommonStockValue`	$10.93M	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,807,349 and 11,546,589 shares issued and outstanding at March 31, 2019 and December 30, 2018, respectively	`CommonStockValue`	$10.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$60.39M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$57.96M	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Royalties	`RoyaltiesRevenue`	$2.57M	USD	1 Quarter
Royalties	`RoyaltiesRevenue`	$3.46M	USD	1 Quarter
Franchise fees	`FranchiseFees`	$399.00K	USD	1 Quarter
Franchise fees	`FranchiseFees`	$313.00K	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	-	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	$105.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$976.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$596.00K	USD	1 Quarter
Other revenue	`OtherIncome`	$18.00K	USD	1 Quarter
Other revenue	`OtherIncome`	$16.00K	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.58M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.87M	USD	1 Quarter
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$1.33M	USD	1 Quarter
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$1.55M	USD	1 Quarter
Professional fees expense	`ProfessionalFees`	$210.00K	USD	1 Quarter
Professional fees expense	`ProfessionalFees`	$467.00K	USD	1 Quarter
Public company expense	`PublicCompanyExpense`	$283.00K	USD	1 Quarter
Public company expense	`PublicCompanyExpense`	$220.00K	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$976.00K	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$596.00K	USD	1 Quarter
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	$518.00K	USD	1 Quarter
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	-	USD	1 Quarter
Other	`OtherGeneralExpense`	$287.00K	USD	1 Quarter
Other	`OtherGeneralExpense`	$286.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.08M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.64M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$796.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$941.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.69M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$214.00K	USD	1 Quarter
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	-	USD	1 Quarter
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	$431.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$131.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$33.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.22M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-248.00K	USD	1 Quarter
(Loss) income before income tax (benefit) expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$693.00K	USD	1 Quarter
(Loss) income before income tax (benefit) expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.43M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-718.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$184.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$509.00K	USD	1 Quarter
Basic (loss) income per common share	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic (loss) income per common share	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	10.00M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	11.64M	shares	1 Quarter
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.64M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.00M	shares	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	Point-in-time
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$509.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-32.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$100.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$131.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$33.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$81.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$125.00K	USD	1 Quarter
Accretion of term loans	`AccretionOfLongtermDebt`	-	USD	1 Quarter
Accretion of term loans	`AccretionOfLongtermDebt`	$1.03M	USD	1 Quarter
Change in operating right of use assets and lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter
Change in operating right of use assets and lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.00K	USD	1 Quarter
Accretion of mandatorily redeemable preferred shares	`AccretionOfMandatorilyRedeemablePreferredShares`	-	USD	1 Quarter
Accretion of mandatorily redeemable preferred shares	`AccretionOfMandatorilyRedeemablePreferredShares`	$-16.00K	USD	1 Quarter
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$54.00K	USD	1 Quarter
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	-	USD	1 Quarter
Recovery of bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$91.00K	USD	1 Quarter
Recovery of bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$8.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$98.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$206.00K	USD	1 Quarter
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-12.00K	USD	1 Quarter
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-16.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$121.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$443.00K	USD	1 Quarter
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.24M	USD	1 Quarter
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$901.00K	USD	1 Quarter
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-45.00K	USD	1 Quarter
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-536.00K	USD	1 Quarter
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.54M	USD	1 Quarter
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-405.00K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-146.00K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-266.00K	USD	1 Quarter
Dividend payable on mandatorily redeemable preferred shares	`IncreaseDecreaseDeferredDividendOnMandatorilyRedeemableShares`	$162.00K	USD	1 Quarter
Dividend payable on mandatorily redeemable preferred shares	`IncreaseDecreaseDeferredDividendOnMandatorilyRedeemableShares`	-	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-51.00K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-271.00K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$216.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$725.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-981.00K	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.00K	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-82.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.00K	USD	1 Quarter
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$19.73M	USD	1 Quarter
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$657.00K	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$16.40M	USD	1 Quarter
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$47.00K	USD	1 Quarter
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$2.28M	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	$2.00K	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$44.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-660.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.04M	USD	1 Quarter
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$-17.00K	USD	1 Quarter
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$37.00K	USD	1 Quarter
Cash at beginning of period	`Cash`	$32.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$653.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$690.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$15.00K	USD	Point-in-time
Cash at end of period	`Cash`	$32.00K	USD	Point-in-time
Cash at end of period	`Cash`	$653.00K	USD	Point-in-time
Cash at end of period	`Cash`	$690.00K	USD	Point-in-time
Cash at end of period	`Cash`	$15.00K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$857.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.75M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$50.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Assets acquired under capital lease	`CapitalLeaseObligationsIncurred`	$82.00K	USD	1 Quarter
Assets acquired under capital lease	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter
Dividends declared and payable	`DividendsDeclaredAndPayable`	-	USD	1 Quarter
Dividends declared and payable	`DividendsDeclaredAndPayable`	$1.20M	USD	1 Quarter
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$90.00K	USD	1 Quarter
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	-	USD	1 Quarter
Income taxes payable (receivable) adjusting amounts due from affiliates	`IncomeTaxesPayableReceivableAdjustingAmountsDueFromAffiliates`	$139.00K	USD	1 Quarter
Income taxes payable (receivable) adjusting amounts due from affiliates	`IncomeTaxesPayableReceivableAdjustingAmountsDueFromAffiliates`	$-467.00K	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance, Beginning	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.20M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$509.00K	USD	1 Quarter
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	1 Quarter
Cash paid in lieu of fractional shares	`AdjustmentsToAdditionalPaidInCapitalStockSplit`	$-2.00K	USD	1 Quarter
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$90.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$81.00K	USD	1 Quarter
Balance, Ending	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.20M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.