10-Q Filing

FAT BRANDS, INC CIK: 1705012 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001493152-20-010071`
Period End Date	20200331
Filing Date	20200529
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	fat-20200329.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 42 Cash Flow Statement 84 Stockholders Equity 18

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$595.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$116.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$112.00K	USD	Point-in-time
Cash	`Cash`	$4.63M	USD	Point-in-time
Cash	`Cash`	$25.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$86.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$688.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$149.00K	USD	Point-in-time
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$186.00K	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$99.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $116 and $595, as of March 29, 2020 and December 29, 2019, respectively	`AccountsReceivableNetCurrent`	$4.14M	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$114.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $116 and $595, as of March 29, 2020 and December 29, 2019, respectively	`AccountsReceivableNetCurrent`	$2.29M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $37, as of March 29, 2020 and December 29, 2019, respectively	`ReceivablesNetCurrent`	$267.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $37, as of March 29, 2020 and December 29, 2019, respectively	`ReceivablesNetCurrent`	$262.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Assets classified as held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.08M	USD	Point-in-time
Assets classified as held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.13M	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
Common stock, shares issued	`CommonStockSharesIssued`	11.86M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.88M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$929.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$962.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.88M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.49M	USD	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$400.00K	USD	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $86 and $112, as of March 29, 2020 and December 29, 2019, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$1.77M	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $86 and $112, as of March 29, 2020 and December 29, 2019, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$1.80M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$31.90M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$25.97M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.03M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.35M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$722.00K	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$860.00K	USD	Point-in-time
Goodwill	`Goodwill`	$10.91M	USD	Point-in-time
Goodwill	`Goodwill`	$10.91M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.52M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$755.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$705.00K	USD	Point-in-time
Total assets	`Assets`	$82.55M	USD	Point-in-time
Total assets	`Assets`	$92.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.18M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$930.00K	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$895.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.01M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$5.41M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$754.00K	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$762.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$295.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$1.27M	USD	Point-in-time
Dividend payable on preferred shares (includes amounts due to related parties of $186 and $149 as of March 29, 2020 and December 29, 2019, respectively)	`DividendPayableOnRedeemablePreferredShares`	$1.42M	USD	Point-in-time
Dividend payable on preferred shares (includes amounts due to related parties of $186 and $149 as of March 29, 2020 and December 29, 2019, respectively)	`DividendPayableOnRedeemablePreferredShares`	$1.77M	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$3.30M	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$3.33M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$241.00K	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$167.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$24.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$659.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.32M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.25M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.55M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$4.13M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$4.50M	USD	Point-in-time
Preferred shares, net	`PreferredSharesNet`	$15.33M	USD	Point-in-time
Preferred shares, net	`PreferredSharesNet`	$15.43M	USD	Point-in-time
Deferred dividend payable on preferred shares (includes amounts due to related parties of $114 and $99 as of March 29, 2020 and December 29, 2019, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$628.00K	USD	Point-in-time
Deferred dividend payable on preferred shares (includes amounts due to related parties of $114 and $99 as of March 29, 2020 and December 29, 2019, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$728.00K	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$639.00K	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$593.00K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$42.44M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$5.22M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$77.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$89.19M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,876,659 and 11,860,299 shares issued and outstanding at March 29, 2020 and December 29, 2019, respectively	`CommonStockValue`	$11.41M	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,876,659 and 11,860,299 shares issued and outstanding at March 29, 2020 and December 29, 2019, respectively	`CommonStockValue`	$11.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.01M	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 stockholders' equity	`StockholdersEquity`	$5.38M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$82.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$92.19M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOther`	$415.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$718.00K	USD	1 Quarter
Royalties	`RoyaltiesRevenue`	$3.46M	USD	1 Quarter
Royalties	`RoyaltiesRevenue`	$3.31M	USD	1 Quarter
Franchise fees	`FranchiseFees`	$313.00K	USD	1 Quarter
Franchise fees	`FranchiseFees`	$175.00K	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	-	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	$105.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$931.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$976.00K	USD	1 Quarter
Other income	`OtherIncome`	$8.00K	USD	1 Quarter
Other income	`OtherIncome`	$16.00K	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.87M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.42M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$3.53M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.71M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$931.00K	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$976.00K	USD	1 Quarter
Refranchising loss	`RefranchisingGain`	$-539.00K	USD	1 Quarter
Refranchising loss	`RefranchisingGain`	$-518.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.21M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.00M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$665.00K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-578.00K	USD	1 Quarter
Interest expense, net of interest income of $718 and $415 due from affiliates during the thirteen weeks ended March 29, 2020 and March 31, 2019, respectively	`InterestExpense`	$1.62M	USD	1 Quarter
Interest expense, net of interest income of $718 and $415 due from affiliates during the thirteen weeks ended March 29, 2020 and March 31, 2019, respectively	`InterestExpense`	$1.69M	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseOther`	$452.00K	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseOther`	$431.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-16.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.09M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.09M	USD	1 Quarter
Loss before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.43M	USD	1 Quarter
Loss before income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.67M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-718.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-298.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.37M	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.87M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.64M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.37M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-318.00K	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`	$232.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$15.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$81.00K	USD	1 Quarter
Change in operating right of use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.00K	USD	1 Quarter
Change in operating right of use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$183.00K	USD	1 Quarter
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$1.03M	USD	1 Quarter
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$241.00K	USD	1 Quarter
Accretion of preferred shares	`AccretionOfPreferredShares1`	$7.00K	USD	1 Quarter
Accretion of preferred shares	`AccretionOfPreferredShares1`	$16.00K	USD	1 Quarter
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$54.00K	USD	1 Quarter
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$130.00K	USD	1 Quarter
Provision for (recovery of) bad debts	`ProvisionForDoubtfulAccounts`	$-91.00K	USD	1 Quarter
Provision for (recovery of) bad debts	`ProvisionForDoubtfulAccounts`	$162.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-44.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$206.00K	USD	1 Quarter
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	1 Quarter
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-16.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$33.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$443.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherCurrentAssets`	$51.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherCurrentAssets`	$-43.00K	USD	1 Quarter
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.24M	USD	1 Quarter
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-670.00K	USD	1 Quarter
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-8.00K	USD	1 Quarter
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-536.00K	USD	1 Quarter
Accrued interest receivable from affiliate	`IncreaseDecreaseInAccruedInterestReceivableNet`	$718.00K	USD	1 Quarter
Accrued interest receivable from affiliate	`IncreaseDecreaseInAccruedInterestReceivableNet`	$415.00K	USD	1 Quarter
Tax Sharing Agreement liability	`IncreaseDecreaseInTaxSharingAgreementLiability`	$-467.00K	USD	1 Quarter
Tax Sharing Agreement liability	`IncreaseDecreaseInTaxSharingAgreementLiability`	$-121.00K	USD	1 Quarter
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.54M	USD	1 Quarter
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-973.00K	USD	1 Quarter
Dividend payable on preferred shares	`IncreaseDecreaseDividendPayableOnPreferredShares`	$444.00K	USD	1 Quarter
Dividend payable on preferred shares	`IncreaseDecreaseDividendPayableOnPreferredShares`	$162.00K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$339.00K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-266.00K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-1.00M	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-1.15M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.86M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.37M	USD	1 Quarter
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$5.09M	USD	1 Quarter
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$1.40M	USD	1 Quarter
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	1 Quarter
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$1.65M	USD	1 Quarter
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	-	USD	1 Quarter
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	$46.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.41M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42M	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`	$37.27M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$24.15M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$16.40M	USD	1 Quarter
Payments made on acquisition purchase price liability	`PaymentsToAcquireBusinessesGross`	-	USD	1 Quarter
Payments made on acquisition purchase price liability	`PaymentsToAcquireBusinessesGross`	$500.00K	USD	1 Quarter
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	-	USD	1 Quarter
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$149.00K	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	$2.00K	USD	1 Quarter
Dividends paid in cash	`PaymentsOfDividends`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.32M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.47M	USD	1 Quarter
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$37.00K	USD	1 Quarter
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.69M	USD	1 Quarter
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.00K	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.71M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$690.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.71M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$690.00K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.75M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.57M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$50.00K	USD	1 Quarter
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$90.00K	USD	1 Quarter
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$75.00K	USD	1 Quarter
Income taxes receivable offset against amounts due from affiliates	`IncomeTaxesReceivableOffsetAgainstAmountsDueFromAffiliates`	$-467.00K	USD	1 Quarter
Income taxes receivable offset against amounts due from affiliates	`IncomeTaxesReceivableOffsetAgainstAmountsDueFromAffiliates`	$-121.00K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance, Beginning	`StockholdersEquity`	$3.01M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.38M	USD	Point-in-time
Net income loss	`NetIncomeLoss`	$-710.00K	USD	1 Quarter
Net income loss	`NetIncomeLoss`	$-2.37M	USD	1 Quarter
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	1 Quarter
Common stock dividend, shares	`CommonStockDividendsShares`	245,376.00	shares	Point-in-time
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
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$75.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$81.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$15.00K	USD	1 Quarter
Correction of recorded conversion rights associated with Series A-1 preferred shares	`CorrectionOfRecordedConversionRightsAssociatedWithSeriesA1PreferredShares`	$-90.00K	USD	1 Quarter
Balance, Ending	`StockholdersEquity`	$3.01M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.38M	USD	Point-in-time

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