Gyrodyne (GYRO) 10-K 30 Mar 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 30, 2022	Jun. 30, 2021
Document Information [Line Items]
Entity Central Index Key	0001589061
Entity Registrant Name	Gyrodyne, LLC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	333-191820
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	46-3838291
Entity Address, Address Line One	1 Flowerfield, Suite 24
Entity Address, City or Town	St. James
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	11780
City Area Code	631
Local Phone Number	584-5400
Title of 12(b) Security	Common shares of limited liability company interests, par value $1.00 per share
Trading Symbol	GYRO
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 8,367,947
Entity Common Stock, Shares Outstanding		1,482,680
Auditor Name	Baker Tilly US, LLP
Auditor Location	Uniondale, New York
Auditor Firm ID	23

Consolidated Statements of Net

Consolidated Statements of Net Assets (Liquidation Basis) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
ASSETS:
Real Estate Held-for-sale	$ 42,545,000	$ 39,050,000
LIABILITIES:
Accounts payable	1,146,651	893,183
Accrued liabilities	940,794	556,926
Estimated liquidation and operating costs net of receipts	12,845,239
Basis of Accounting, Liquidation [Member]
ASSETS:
Real Estate Held-for-sale	42,545,000	39,050,000
Cash and cash equivalents	5,670,693	1,632,231
Restricted cash	0	169,000
Rent receivable	39,566	21,849
Other receivables	28,796	34,751
Total Assets	48,284,055	40,907,831
LIABILITIES:
Accounts payable	1,146,651	893,183
Accrued liabilities	940,794	556,926
Deferred rent liability	36,474	15,283
Tenant security deposits payable	258,605	241,722
Mortgage loans payable	10,028,522	5,159,833
Estimated liquidation and operating costs net of receipts	12,845,239	11,552,940
Total Liabilities	25,256,285	18,419,887
Net assets	$ 23,027,770	$ 22,487,944

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Liquidation Basis) - Basis of Accounting, Liquidation [Member] - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net assets, beginning of period	$ 22,487,944	$ 31,369,637
Change in real estate value	3,995,000	(9,220,000)
Remeasurement of assets and liabilities	(3,455,174)	338,307
Net increase/(decrease) in value	539,826	(8,881,693)
Net assets, end of period	$ 23,027,770	$ 22,487,944

Note 1 - The Company

Note 1 - The Company	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. The Company Gyrodyne, LLC (including its subsidiaries, “Gyrodyne”, the “Company” or the “Registrant”) is a limited liability company formed under the laws of the State of New York whose primary business is the management of, and the pursuit of entitlements on, a portfolio of medical office and industrial properties located in Suffolk (“Flowerfield”) and Westchester Counties (“Cortlandt Manor”), New York State. Substantially all of our developed properties are subject to leases in which the tenant reimburses the Company for a portion, all of or substantially all of the costs and/or cost increases for utilities, insurance, repairs, maintenance and real estate taxes. Certain leases provide that the Company is responsible for certain operating expenses. Gyrodyne’s corporate strategy is to enhance the value of Flowerfield and Cortlandt Manor by pursuing entitlement opportunities and enhancing the value of its leases. The Company believes the aforementioned strategy will increase the values for such properties. The value of the real estate reported in the consolidated statements of net assets as of December 31, 2021 2020 not may no Our efforts to generate the highest values for Flowerfield and Cortlandt Manor may first no 14 may The Company’s remaining real estate investments, each of which is held in a single asset limited liability company wholly owned by the Company, consist of: ● Cortlandt Manor:13.8 ● Flowerfield: 63 acres in St. James, New York, including a 14-acre multi-tenanted industrial park comprising 127,000 rentable square feet. There were an additional 5 acres comprising of two April 2021.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. Summary of Significant Accounting Policies Gyrodyne intends to dissolve after it completes the disposition of all of its real property assets, applies the proceeds of such dispositions first September 1, 2015 205 30, may 205 30. Principles of Consolidation - Basis of Presentation - Liquidation Basis of Accounting no Under the liquidation basis of accounting, all the Company’s assets have been stated at their estimated net realizable value, or liquidation value, (which represents the estimated amount of cash that Gyrodyne will collect on the disposal of assets as it carries out the plan of liquidation), which is based on independent third no not may may December 31, 2024. The Company is in the process of pursuing entitlements and density approvals, and our ability to obtain required permits and authorizations is subject to factors beyond our control, including environmental concerns of governmental entities, community groups and purchasers. The process has involved extensive analysis at the government entity level, as well as between government entities such as town planning departments and Gyrodyne and or purchasers, and will continue up until such time as entitlement and density decisions are made by the relevant government entities. The Company hopes to secure favorable decisions on entitlements and density so that we can then seek the sale of our remaining properties at higher prices than those achievable under their current entitlements and then proceed with the liquidation and dissolution of the Company. Any deviation in use or density between what we are pursuing in our entitlement efforts and what is ultimately permitted could have a material impact on value. In the Company’s Annual Report on Form 10 December 31, 2020, December 31, 2022. March 2017 19 2022, The Company believes that standard market terms for real property transactions in both Cortlandt Manor and the Town of Smithtown would include both final subdivision approval and final unappealable site plan approval as conditions to closing. There are various factors that have impacted and may not may December 31, 2024. 2024, no December 2024. may 78 two 2024. Consequently, the Company expects the process of pursuing entitlements, density approvals, sales, liquidation and dissolution could extend through December 31, 2024 not may no The Company’s assumptions and estimates (including the sales proceeds of all its real estate holdings, selling costs, retention bonus payments, rental revenues, rental expenses, capital expenditures, land entitlement costs, general and administrative fees, director and officer liability and reimbursement, post liquidation insurance tail coverage policy and final liquidation costs) are based on completing the liquidation by December 31, 2024. Management Estimates Cash equivalents - Allowance for doubtful accounts 19 Estimated Distributions per Share New Accounting Pronouncements - not December 31, 2021, not

Note 3 - Statements of Net Asse

Note 3 - Statements of Net Assets in Liquidation	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Liquidation Basis of Accounting [Text Block]	3. Statements of Net Assets in Liquidation Net assets as of December 31, 2021 2020 Notes to Consolidated Financial Statements (Liquidation Basis) Years Ended December 31, 2021 2020 The cash balance at the end of the liquidation period (currently estimated to be December 31, 2024, may December 31, 2024: 1. The estimated cash receipts from the operation of the Company’s properties net of rental property related expenditures as well as costs expected to be incurred to preserve or improve the net realizable value of the properties at their estimated gross sales proceeds. 2. Net proceeds from the sale of all the Company’s real estate holdings. 3. The general and administrative expenses and or liabilities associated with operations and the liquidation of the Company including severance, director and officer liability coverage including post liquidation tail policy coverage, and financial and legal fees to complete the liquidation. 4. Costs for the pursuit of entitlements on the Flowerfield and Cortlandt Manor properties. 5. Retention bonus amounts (See Note 12 6. Principal payments on the Company’s credit facilities to fund tenant improvements and working capital and related fees. The Company estimates the net realizable value of its real estate assets by using income and market valuation techniques. The Company may 3 No. 820, may The Company estimates that it will incur approximately $1.37 million (included in the consolidated statement of net assets as part of the estimated liquidation and operating costs net of receipts, See Note 4 January 2022 December 31, 2024, December 31, 2021, first first January 2022 not may may December 31, 2021 ( not may no Notes to Consolidated Financial Statements (Liquidation Basis) Years Ended December 31, 2021 2020 The net assets as of December 31, 2021 ( 2020 not may may not December 31, 2021 may

Note 4 - Estimated Liquidation

Note 4 - Estimated Liquidation and Operating Costs Net of Estimated Receipts	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Liquidation Basis of Accounting, Liability for Estimated Costs in Excess of Receipts [Text Block]	4. Estimated Liquidation and Operating Costs Net of Estimated Receipts The liquidation basis of accounting requires the Company to estimate net cash flows from operations and to accrue all costs associated with implementing and completing the plan of liquidation. The Company currently estimates that it will incur liquidation and operating costs net of estimated receipts during the liquidation period of $12,845,239, excluding the gross proceeds from the real estate sales. These amounts can vary significantly due to, among other things, land entitlement costs, the timing and estimates for executing and renewing leases, capital expenditures to maintain the real estate at its current estimated realizable value and estimates of tenant improvement costs, the timing of property sales and any direct/indirect costs incurred that are related to the sales (e.g., retention bonuses on the sale of the Cortlandt Manor and Flowerfield properties, costs to address buy side due diligence inclusive of administrative fees, legal fees and property costs to address items arising from such due diligence and not The change in the liability for estimated costs in excess of estimated receipts during liquidation from January 1, 2021 December 31, 2021 January 1, 2021 Expenditures/ (Receipts) Remeasurement of Assets and Liabilities December 31, 2021 Assets: Estimated rents and reimbursements $ 4,926,648 $ (2,656,374 ) $ 6,236,681 $ 8,506,955 Prepaid expenses and other assets 848,972 97,800 - 946,772 Liabilities: Property operating costs (3,061,404 ) 1,628,665 (3,714,797 ) (5,147,536 ) Capital expenditures (460,638 ) 113,540 (68,229 ) (415,327 ) Land entitlement costs (1,490,699 )* 567,415 (444,395 ) (1,367,679 )* Corporate expenditures (6,344,342 ) 2,342,531 (4,870,689 ) (8,872,500 ) Selling costs on real estate assets** (3,057,997 ) 69,298 (226,612 ) (3,215,311 ) Retention bonus payments to directors, officers and employees** (2,913,480 ) - (367,133 ) (3,280,613 ) Liability for estimated liquidation and operating costs net of estimated receipts $ (11,552,940 ) $ 2,162,875 $ (3,455,174 ) $ (12,845,239 ) *The Company reached agreements with certain service vendors to defer payment of approximately $266,000 of the $1.37 million until the closing of the first **The amounts reported are based on the provisions of the retention bonus plan and the reported amount of the real estate assets estimated net realizable value. The change in the liability for estimated costs in excess of estimated receipts during liquidation from January 1, 2020 December 31, 2020 January 1, 2020 Expenditures/ (Receipts) Remeasurement of Assets and Liabilities December 31, 2020 Assets: Estimated rents and reimbursements $ 4,309,328 $ (2,432,540 ) $ 3,049,860 $ 4,926,648 Prepaid expenses and other assets 603,679 245,293 - 848,972 Liabilities: Property operating costs (2,594,954 ) 1,506,037 (1,972,487 ) (3,061,404 ) Capital expenditures (474,133 ) 13,495 - (460,638 ) Land entitlement costs (1,847,127 ) 1,013,966 (657,538 ) (1,490,699 )* Corporate expenditures (6,196,551 ) 2,139,978 (2,287,769 ) (6,344,342 ) Selling costs on real estate assets** (3,497,200 ) - 439,203 (3,057,997 ) Retention bonus payments to directors, officers and employees** (4,680,518 ) - 1,767,038 (2,913,480 ) Liability for estimated liquidation and operating costs net of estimated receipts $ (14,377,476 ) $ 2,486,229 $ 338,307 $ (11,552,940 ) *The Company reached agreements with certain service vendors to defer payment of approximately $321,000 of the $1.5 million until the closing of the first **The amounts reported are based on the provisions of the retention bonus plan and the reported amount of the real estate assets estimated net realizable value. Based on the estimated real estate value of the Cortlandt Manor property, aggregate proceeds from two not

Note 5 - Disposition Activities

Note 5 - Disposition Activities	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	5. Disposition Activities On April 26, 2021, not May 11, 2020. Terminated Contracts Flowerfield - On March 16, 2021, August 27, 2019, Cortlandt Manor - On February 1, 2021, December 7, 2019)

Note 6 - Loans Payable

Note 6 - Loans Payable	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	6. Loans Payable The Company secured a non-revolving credit line for up to $3,000,000 (the “Original Line”) with a bank, which closed on March 21, 2018. first eight April 30, 2021 April 30, 2028 April 30, 2021, The first March 29, 2019 December 31, 2018. no To secure access to additional working capital through the final sale date of the Flowerfield industrial buildings, the Company secured a second January 24, 2019. first twenty-four January 20, 2028 ( May 20, 2021 May 20, 2028 ( May 20, 2021, Both lines are secured by approximately 31.8 acres of the Flowerfield Industrial Park including the related buildings and leases. As of December 31, 2020, To secure access to additional working capital, the Company, through its subsidiary GSD Cortlandt, LLC (“GSD Cortlandt”) secured a loan evidenced by a non-revolving business line of credit agreement and promissory note with the Original Line bank for up to $2,500,000 which closed on July 16, 2020. 12 1% 1/8 no four three one February 22, 2021, January 28, 2021, September 15, 2021. On September 15, 2021, five five 3.75% five thirty first thirty twenty-five not seventy not 1, not The Mortgage Loan may first first five second second four third third three fourth fourth two fifth fifth one no sixty sixty third two fifty The Mortgage Loan is secured by the Cortlandt Manor property located at 1985 5.01 The total debt payable mature as follows: Years Ending December 31, 2022 $ 273,614 2023 284,241 2024 295,281 2025 306,750 2026 4,759,411 Thereafter 4,109,225 Total $ 10,028,522

Note 7 - Real Estate

Note 7 - Real Estate	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Real Estate Disclosure [Text Block]	7. Real Estate The Company reports its financial statements under the liquidation basis of accounting which reflects real estate value at net realizable value (predicated on current asset values). During 2021, 2020 2021 2020 one December 31, 2021 2021 2020 Net Realizable Value at beginning of period $ 39,050,000 $ 48,270,000 Sale of Real Estate Flowerfield (500,000 ) - Change in Net Realizable Value Cortlandt Manor 1,570,000 (3,820,000 ) Flowerfield 2,425,000 (5,400,000 ) Net Realizable Value on December 31, $ 42,545,000 $ 39,050,000

Note 8 - Accounts Payable and A

Note 8 - Accounts Payable and Accrued Liabilities	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	8. Accounts Payable and Accrued Liabilities Accounts Payable Accrued Liabilities December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Current accounts payable $ 237,318 $ 241,963 Accrued liabilities $ 218,100 $ 188,554 Other accounts payable (a) 909,333 651,220 Deferred Compensation to Directors (b) 722,694 368,372 Total $ 1,146,651 $ 893,183 Total $ 940,794 $ 556,926 (a) The Company reached agreements with certain service vendors to defer payment until the closing of the first (b) The director fees and interest accrued under the deferred Compensation Plan where each director elected to defer 100% 2020, 2021 2022. Accrued liabilities on December 31, 2021 2020 December 31, 2021 2020 Payroll and related taxes $ 54,307 $ 48,701 Professional fees 163,793 139,853 Total $ 218,100 $ 188,554

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Income Taxes As a limited liability company, Gyrodyne is not 1065, 1 2019, 2020 2021. The Bipartisan Budget Act of 2015 “2015 December 31, 2017. 2015 December 31, 2017 may January 1, 2018

Note 10 - Credit Quality of Ren

Note 10 - Credit Quality of Rents Receivable	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	10. Credit Quality of Rents Receivable The Company’s standard lease terms include rent due on the first ten not one The Company manages its billing and collection process internally to enable timely identification of collection issues. The controls and related processes enable the Company to timely identify and establish payment plans to minimize material losses from defaults. In accordance with generally accepted accounting principles, the Company identifies high risk collectibles, records them on a cash basis and does not As of December 31, 2021 2020,

Note 11 - Concentration of Cred

Note 11 - Concentration of Credit Risk	12 Months Ended
	Dec. 31, 2021
Credit Concentration Risk [Member]
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	11. Concentration of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and cash equivalents. The Company places its temporary cash investments with high credit quality financial institutions and generally limits the amount of credit exposure in any one not not not December 31, 2021 2020. For the year ended December 31, 2021 three three December 31, 2021 The current economic challenges facing state and local budgets impacted most of the Company’s largest tenants. In addition, the current economic challenges stemming from the coronavirus are disproportionately impacting tenants that are not together 2022 no

Note 12 - Commitments

Note 12 - Commitments	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Commitments Disclosure [Text Block]	12. Commitments As of December 31, 2021 2020, 2021 2020 Management Employment agreements with bonus* and severance commitment contingencies $ 350,000 $ 350,000 Other employee severance commitment contingencies 89,000 81,716 Total $ 439,000 $ 431,716 *Excludes Retention Bonus Payments Employment agreements - 6 The Company also has an employment agreement with its Chief Operating Officer (“COO”) executed on May 8, 2014 6 January 25, 2018, Under Company policy the aggregate severance commitment contingency to other employees is approximately $89,000. Retention Bonus Plan- May 2014, three no The Plan provides for a bonus pool funded with an amount equal to 5% of the specified appraised value of such properties (set forth in the Plan), so long as the gross selling price of a property is at least equal to its 2013 2013 2013 first 10% 10% 20%. The bonus pool is distributable in the following proportions to the named participants in the bonus plan for so long as they are directors or employees of the Company: Board Members/Employees Bonus Pool Percentage Board Members(a) 65.000 % Chief Executive Officer 15.474 % Chief Operations Officer 13.926 % Officer Discretionary Amount (b) 1.750 % Other Employees 3.850 % Total 100.000 % (a) 15% for the Chairman and 10% for each of the other five (b) The officer discretionary amount of 1.75% will be allocated to the officers within the discretion of the Board. Such shares of the bonus pool are earned only upon the completion of the sale of a property at a gross selling price equal to or greater than its Adjusted Appraised Value and is paid to the named beneficiaries of the Plan or their designees within 60 60 The Plan provides that no No. 3 2013 The Plan provides for vesting of benefits upon the sale of each individual post-subdivision lot at Flowerfield and Cortlandt Manor. It also provides for entitlement to a future benefit in the event of death, voluntary termination following substantial reduction in compensation or board fees, mutually agreed separation to right-size the board or involuntary termination without cause, except that a participant will only be eligible to receive a benefit to the extent that a property is sold within three four December 31 Under the Plan, there were no 2021 2020. Deferred Compensation Plan - December 6, 2019, January 1, 2020. may December 15, 2026, 2020, 2021 2022.

Note 13 - Fair Value of Financi

Note 13 - Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	13. Fair Value of Financial Instruments Assets and Liabilities Measured at Fair-Value The Company follows authoritative guidance on the fair value option for financial assets, which permits companies to choose to measure certain financial instruments and other items at fair-value in order to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently. However, the Company adopted the liquidation basis of accounting, and therefore reports all assets and liabilities at net realizable value. The guidance emphasizes that fair-value is a market-based measurement, not 1 2 No. 820, 3 Fair Value Measurements - September 1, 2015; The Company estimates the net realizable value of its real estate assets by using income and market valuation techniques. The Company may 3 may

Note 14 - Contingencies

Note 14 - Contingencies	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Contingencies Disclosure [Text Block]	14. Contingencies Putative Class Action Lawsuit - August 14, 2015, 2014. As of December 31, 2021 2020, 2014 General - not

Note 15 - COVID-19

Note 15 - COVID-19	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Effect of Covid-19 Pandemic [Text Block]	15. COVID- 19 The COVID- 19 19 first two The U.S economy has been growing as COVID- 19 19 19 19 may 19 Beginning March 16, 2020, Small businesses have been and are expected to continue to be adversely affected disproportionately by the economic ramifications of COVID- 19. not 2022. 19 may may 19 19 The extent of the impact of COVID- 19 19 may 19. As a result of the foregoing developments, we are unable to determine what the ultimate impact will be on our timeline for seeking entitlements and selling properties, and ultimately on the amount proceeds and distributions from those sales.

Note 16 - Related Party Transac

Note 16 - Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	16. Related Party Transactions The Company has entered into various leasing arrangements with a not no Term Square Feet Annual Rent Total Commitment (excluding renewal options) Jan 2021 - Dec 2022 2,284 $ 19,414 $ 38,828 Jan 2021 - Dec 2022 1,817 -(a) -(a) Jan 2021 - Dec 2022 1,905 $ 16,193 $ 32,385 (a)In February 2019, not August 2016. not may not December 31, 2021 During the twelve December 31, 2021 2020, In March 2022, not December 2027. Term Square Feet Total Additional Commitment April 2022 - Dec 2022 1,817 $ 11,583 Jan 2023 - Dec 2027 6,006 279,169 Total 6,006 $ 290,752 The independent members of the Board of the Company approved all of the leasing transaction described above. The Chairman is also a partner of the firm Lamb & Barnosky, LLP that provided pro bono legal representation to the aforementioned not

Note 17 - Subsequent Events

Note 17 - Subsequent Events	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	17. Subsequent Events On March 26, 2022, March 27, 2022, six March 29, 2022, March 28, 2022.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation -
Liquidation Basis of Accounting [Policy Text Block]	Basis of Presentation - Liquidation Basis of Accounting no Under the liquidation basis of accounting, all the Company’s assets have been stated at their estimated net realizable value, or liquidation value, (which represents the estimated amount of cash that Gyrodyne will collect on the disposal of assets as it carries out the plan of liquidation), which is based on independent third no not may may December 31, 2024. The Company is in the process of pursuing entitlements and density approvals, and our ability to obtain required permits and authorizations is subject to factors beyond our control, including environmental concerns of governmental entities, community groups and purchasers. The process has involved extensive analysis at the government entity level, as well as between government entities such as town planning departments and Gyrodyne and or purchasers, and will continue up until such time as entitlement and density decisions are made by the relevant government entities. The Company hopes to secure favorable decisions on entitlements and density so that we can then seek the sale of our remaining properties at higher prices than those achievable under their current entitlements and then proceed with the liquidation and dissolution of the Company. Any deviation in use or density between what we are pursuing in our entitlement efforts and what is ultimately permitted could have a material impact on value. In the Company’s Annual Report on Form 10 December 31, 2020, December 31, 2022. March 2017 19 2022, The Company believes that standard market terms for real property transactions in both Cortlandt Manor and the Town of Smithtown would include both final subdivision approval and final unappealable site plan approval as conditions to closing. There are various factors that have impacted and may not may December 31, 2024. 2024, no December 2024. may 78 two 2024. Consequently, the Company expects the process of pursuing entitlements, density approvals, sales, liquidation and dissolution could extend through December 31, 2024 not may no The Company’s assumptions and estimates (including the sales proceeds of all its real estate holdings, selling costs, retention bonus payments, rental revenues, rental expenses, capital expenditures, land entitlement costs, general and administrative fees, director and officer liability and reimbursement, post liquidation insurance tail coverage policy and final liquidation costs) are based on completing the liquidation by December 31, 2024.
Use of Estimates, Policy [Policy Text Block]	Management Estimates
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash equivalents -
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for doubtful accounts 19
Earnings Per Share, Policy [Policy Text Block]	Estimated Distributions per Share
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements - not December 31, 2021, not

Note 4 - Estimated Liquidatio_2

Note 4 - Estimated Liquidation and Operating Costs Net of Estimated Receipts (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Liquidation Basis of Accounting, Change in Liability for Estimated Costs in Excess of Estimated Receipts [Table Text Block]	January 1, 2021 Expenditures/ (Receipts) Remeasurement of Assets and Liabilities December 31, 2021 Assets: Estimated rents and reimbursements $ 4,926,648 $ (2,656,374 ) $ 6,236,681 $ 8,506,955 Prepaid expenses and other assets 848,972 97,800 - 946,772 Liabilities: Property operating costs (3,061,404 ) 1,628,665 (3,714,797 ) (5,147,536 ) Capital expenditures (460,638 ) 113,540 (68,229 ) (415,327 ) Land entitlement costs (1,490,699 )* 567,415 (444,395 ) (1,367,679 )* Corporate expenditures (6,344,342 ) 2,342,531 (4,870,689 ) (8,872,500 ) Selling costs on real estate assets** (3,057,997 ) 69,298 (226,612 ) (3,215,311 ) Retention bonus payments to directors, officers and employees** (2,913,480 ) - (367,133 ) (3,280,613 ) Liability for estimated liquidation and operating costs net of estimated receipts $ (11,552,940 ) $ 2,162,875 $ (3,455,174 ) $ (12,845,239 ) January 1, 2020 Expenditures/ (Receipts) Remeasurement of Assets and Liabilities December 31, 2020 Assets: Estimated rents and reimbursements $ 4,309,328 $ (2,432,540 ) $ 3,049,860 $ 4,926,648 Prepaid expenses and other assets 603,679 245,293 - 848,972 Liabilities: Property operating costs (2,594,954 ) 1,506,037 (1,972,487 ) (3,061,404 ) Capital expenditures (474,133 ) 13,495 - (460,638 ) Land entitlement costs (1,847,127 ) 1,013,966 (657,538 ) (1,490,699 )* Corporate expenditures (6,196,551 ) 2,139,978 (2,287,769 ) (6,344,342 ) Selling costs on real estate assets** (3,497,200 ) - 439,203 (3,057,997 ) Retention bonus payments to directors, officers and employees** (4,680,518 ) - 1,767,038 (2,913,480 ) Liability for estimated liquidation and operating costs net of estimated receipts $ (14,377,476 ) $ 2,486,229 $ 338,307 $ (11,552,940 )

Note 6 - Loans Payable (Tables)

Note 6 - Loans Payable (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Maturities of Long-term Debt [Table Text Block]	Years Ending December 31, 2022 $ 273,614 2023 284,241 2024 295,281 2025 306,750 2026 4,759,411 Thereafter 4,109,225 Total $ 10,028,522

Note 7 - Real Estate (Tables)

Note 7 - Real Estate (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	2021 2020 Net Realizable Value at beginning of period $ 39,050,000 $ 48,270,000 Sale of Real Estate Flowerfield (500,000 ) - Change in Net Realizable Value Cortlandt Manor 1,570,000 (3,820,000 ) Flowerfield 2,425,000 (5,400,000 ) Net Realizable Value on December 31, $ 42,545,000 $ 39,050,000

Note 8 - Accounts Payable and_2

Note 8 - Accounts Payable and Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	Accounts Payable Accrued Liabilities December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Current accounts payable $ 237,318 $ 241,963 Accrued liabilities $ 218,100 $ 188,554 Other accounts payable (a) 909,333 651,220 Deferred Compensation to Directors (b) 722,694 368,372 Total $ 1,146,651 $ 893,183 Total $ 940,794 $ 556,926
Schedule of Accrued Liabilities [Table Text Block]	December 31, 2021 2020 Payroll and related taxes $ 54,307 $ 48,701 Professional fees 163,793 139,853 Total $ 218,100 $ 188,554

Note 12 - Commitments (Tables)

Note 12 - Commitments (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Other Commitments [Table Text Block]	2021 2020 Management Employment agreements with bonus* and severance commitment contingencies $ 350,000 $ 350,000 Other employee severance commitment contingencies 89,000 81,716 Total $ 439,000 $ 431,716
Schedule of Allocation of Bonus Pool Percentage [Table Text Block]	Board Members/Employees Bonus Pool Percentage Board Members(a) 65.000 % Chief Executive Officer 15.474 % Chief Operations Officer 13.926 % Officer Discretionary Amount (b) 1.750 % Other Employees 3.850 % Total 100.000 %

Note 16 - Related Party Trans_2

Note 16 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Term Square Feet Annual Rent Total Commitment (excluding renewal options) Jan 2021 - Dec 2022 2,284 $ 19,414 $ 38,828 Jan 2021 - Dec 2022 1,817 -(a) -(a) Jan 2021 - Dec 2022 1,905 $ 16,193 $ 32,385 Term Square Feet Total Additional Commitment April 2022 - Dec 2022 1,817 $ 11,583 Jan 2023 - Dec 2027 6,006 279,169 Total 6,006 $ 290,752

Note 1 - The Company (Details T

Note 1 - The Company (Details Textual)	Sep. 01, 2015USD ($)	Dec. 31, 2021USD ($)aft²
St. James, New York [Member] | Controlled by Parent Company [Member]
Area of Real Estate Property (Square Foot)		63
Multi-Tenant Industrial Park [Member]
Area of Real Estate Property (Square Foot)		14
Flowerfield Industrial Park [Member]
Area of Real Estate Property (Square Foot) | ft²		127,000
Zoned Residential, and Non-contiguous to the Flowerfield Property [Member]
Area of Land (Acre)		5
Cortlandt Manor Medical Center [Member]
Area of Land (Acre)		13.8
Area of Real Estate Property (Square Foot) | ft²		34,000
The Corporation [Member]
Maximum Value of Asset to Effect Dissolution | $	$ 1,000,000	$ 1,000,000

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	Sep. 01, 2015	Dec. 31, 2021
The Corporation [Member]
Maximum Value of Asset to Effect Dissolution	$ 1,000,000	$ 1,000,000

Note 3 - Statements of Net As_2

Note 3 - Statements of Net Assets in Liquidation (Details Textual) - USD ($)	12 Months Ended		36 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2024	Dec. 31, 2019
Liquidation Basis of Accounting, Net Increase (Decrease) in Liquidation Value Per Share (in dollars per share)	$ 0.36
Liquidation Basis of Accounting, Land Entitlement Costs Incurred	$ 1,370,000	$ 1,500,000
Liquidation Basis of Accounting, Land Entitlement Costs Incurred, Amount Deferred	266,000	321,000
Basis of Accounting, Liquidation [Member]
Net Assets, Ending Balance	$ 23,027,770	$ 22,487,944		$ 31,369,637
Liquidation Basis of Accounting, Common Stock Per Share, Net (in dollars per share)	$ 15.53	$ 15.17
Common Stock, Shares, Outstanding, Ending Balance (in shares)	1,482,680
Liquidation Basis of Accounting, Net Increase (Decrease) in Liquidation Value	$ 539,826	$ (8,881,693)
Liquidation Basis of Accounting, Land Entitlement Costs Incurred	567,000
Liquidation Basis of Accounting, Land Entitlement Costs Incurred, Amount Deferred	$ 179,000
Liquidation Basis of Accounting, Common Stock Per Share (in dollars per share)	$ 15.53	$ 15.17
Forecast [Member]
Liquidation Basis of Accounting, Land Entitlement Costs			$ 1,370,000
Liquidation Basis of Accounting, Land Entitlement Costs Incurred, Amount Deferred			$ 266,000

Note 4 - Estimated Liquidatio_3

Note 4 - Estimated Liquidation and Operating Costs Net of Estimated Receipts (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Liquidation Basis of Accounting, Accrued Costs to Dispose of Assets and Liabilities	$ 12,845,239
Liquidation Basis of Accounting, Land Entitlement Costs Incurred, Amount Deferred	266,000	$ 321,000
Liquidation Basis of Accounting, Land Entitlement Costs Incurred	$ 1,370,000	$ 1,500,000

Note 4 - Estimated Liquidatio_4

Note 4 - Estimated Liquidation and Operating Costs Net of Estimated Receipts - Changes in Liability for Estimated Costs in Excess of Estimated Receipts (Details) - USD ($)		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020
Liability for estimated liquidation and operating costs net of estimated receipts		$ (12,845,239)
Basis of Accounting, Liquidation [Member]
Estimated rents and reimbursements		4,926,648		$ 4,309,328
Estimated rents and reimbursements		(2,656,374)		(2,432,540)
Estimated rents and reimbursements		6,236,681		3,049,860
Estimated rents and reimbursements		8,506,955		4,926,648
Prepaid expenses and other assets		848,972		603,679
Prepaid expenses and other assets		97,800		245,293
Prepaid expenses and other assets		946,772		848,972
Property operating costs		(3,061,404)		(2,594,954)
Property operating costs		1,628,665		1,506,037
Property operating costs		(3,714,797)		(1,972,487)
Property operating costs		(5,147,536)		(3,061,404)
Capital expenditures		(460,638)		(474,133)
Capital expenditures		113,540		13,495
Capital expenditures		(68,229)		0
Capital expenditures		(415,327)		(460,638)
Land entitlement costs		(1,490,699)	[1],[2]	(1,847,127)
Land entitlement costs		567,415		1,013,966
Land entitlement costs		(444,395)		(657,538)
Land entitlement costs	[1]	(1,367,679)		(1,490,699)	[2]
Corporate expenditures		(6,344,342)		(6,196,551)
Corporate expenditures		2,342,531		2,139,978
Corporate expenditures		(4,870,689)		(2,287,769)
Corporate expenditures		(8,872,500)		(6,344,342)
Selling costs on real estate assets**	[4]	(3,057,997)	[3]	(3,497,200)
Selling costs on real estate assets**		69,298	[3]	0	[4]
Selling costs on real estate assets**		(226,612)	[3]	439,203	[4]
Selling costs on real estate assets**	[3]	(3,215,311)		(3,057,997)	[4]
Retention bonus payments to directors, officers and employees**	[4]	(2,913,480)	[3]	(4,680,518)
Retention bonus payments to directors, officers and employees**		0	[3]	0	[4]
Retention bonus payments to directors, officers and employees**		(367,133)	[3]	1,767,038	[4]
Retention bonus payments to directors, officers and employees**	[3]	(3,280,613)		(2,913,480)	[4]
Liability for estimated liquidation and operating costs net of estimated receipts		(11,552,940)		(14,377,476)
Liability for estimated liquidation and operating costs net of estimated receipts		2,162,875		2,486,229
Liability for estimated liquidation and operating costs net of estimated receipts		(3,455,174)		338,307
Liability for estimated liquidation and operating costs net of estimated receipts		$ (12,845,239)		$ (11,552,940)
[1]	The Company reached agreements with certain service vendors to defer payment of approximately $266,000 of the $1.37 million until the closing of the first property lot sale that is the subject of either the Flowerfield or Cortlandt Manor subdivision, respectively.
[2]	The Company reached agreements with certain service vendors to defer payment of approximately $321,000 of the $1.5 million until the closing of the first property lot sale that is the subject of either the Flowerfield or Cortlandt Manor subdivision, respectively.
[3]	The amounts reported are based on the provisions of the retention bonus plan and the reported amount of the real estate assets estimated net realizable value.
[4]	The amounts reported are based on the provisions of the retention bonus plan and the reported amount of the real estate assets estimated net realizable value. Based on the estimated real estate value of the Cortlandt Manor property, aggregate proceeds from the sale of the two Cortlandt lots would not exceed the adjusted floor under the retention bonus plan and therefore the above table only reflects the projected bonus from the sale of the Flowerfield property.

Note 5 - Disposition Activiti_2

Note 5 - Disposition Activities (Details Textual)	Dec. 07, 2019USD ($)a	Aug. 27, 2019USD ($)a	Apr. 26, 2021USD ($)a
Flowerfield Complex in Smithtown, New York [Member]
Area of Land (Acre) | a		9
Flowerfield Complex in Smithtown, New York [Member] | BSL St. James LLC [Member]
Proceeds from Sale of Property, Plant, and Equipment, Total | $		$ 16,800,000
Cortlandt Manor Property In New York [Member]
Area of Land (Acre) | a	4.5
Proceeds from Sale of Property, Plant, and Equipment, Total | $	$ 5,720,000
Sale of Vacant Land [Member]
Area of Real Estate Property (Square Foot) | a			5
Sale of Real Estate Property, Purchase Price | $			$ 500,000

Note 6 - Loans Payable (Details

Note 6 - Loans Payable (Details Textual)	Sep. 15, 2021USD ($)	Apr. 30, 2021USD ($)	Jan. 28, 2021USD ($)	Jul. 16, 2020USD ($)	Mar. 29, 2019USD ($)	Jan. 24, 2019USD ($)	Mar. 21, 2018USD ($)	Jul. 16, 2020USD ($)	Dec. 31, 2021a	May 20, 2021USD ($)
Term Loan [Member]
Debt Instrument, Face Amount	$ 4,950,000
Term Loan [Member] | If Maturity Date Is Extended [Member]
Debt Instrument, Covenant, Maximum Loan to Value Ratio of the Property	70.00%
Debt Instrument, Covenant, Minimum Debt Service Coverage Ratio	1.3
Debt Instrument, Fee Amount	$ 150
Extended Term Loan [Member]
Debt Instrument, Amortization Period (Year)	30 years
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Real Estate Securing Mortgage Loan [Member] | Flowerfield Industrial Park [Member]
Area of Real Estate Property (Square Foot) | a									31.8
If Maturity Date Is Extended [Member] | Term Loan [Member]
Debt Instrument, Amortization Period (Year)	25 years
US Treasury (UST) Interest Rate [Member] | Extended Term Loan [Member]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Non-revolving Credit Line [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 3,000,000					$ 3,000,000
Debt Instrument, Interest Only Phase, Term (Month)							8 months
Debt Instrument, Interest and Principal Phase, Term (Month)		84 months
Long-term Line of Credit, Total		$ 2,200,000
Proceeds from Lines of Credit, Total					$ 1,100,000	$ 1,100,000
Debt Instrument, Unused Borrowing Capacity, Amount					$ 800,000
Non-revolving Credit Line [Member] | Federal Home Loan Bank Rate [Member] | After Interest Only Payment Period [Member]
Debt Instrument, Amortization Period (Year)						20 years
Non-revolving Credit Line [Member] | Federal Home Loan Bank Rate [Member] | After Interest Only Payment Period [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						3.85%
Non-revolving Credit Line 2 [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 3,000,000
Debt Instrument, Interest Only Phase, Term (Month)						24 months
Debt Instrument, Interest and Principal Phase, Term (Month)						84 months
Long-term Line of Credit, Total										$ 3,000,000
Non-revolving Credit Line 2 [Member] | After Interest Only Payment Period [Member]
Debt Instrument, Amortization Period (Year)						20 years
Non-revolving Credit Line 2 [Member] | Federal Home Loan Bank Rate [Member] | After Interest Only Payment Period [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate						3.85%
Non-revolving Credit Line 3 [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 2,500,000				$ 2,500,000
Debt Instrument, Interest Only Phase, Term (Month)								24 months
Proceeds from Lines of Credit, Total			$ 670,235	$ 379,765
Repayments of Debt	$ 1,050,000
Non-revolving Credit Line 3 [Member] | Term Loan [Member]
Debt Instrument, Term (Year)	5 years
Debt Instrument, Extension Term (Year)	5 years
Non-revolving Credit Line 3 [Member] | Interest Only Period of Payments [Member] | Minimum [Member]
Debt Instrument, Interest Rate, Effective Percentage				4.75%				4.75%
Non-revolving Credit Line 3 [Member] | Prime Rate [Member] | Interest Only Period of Payments [Member]
Debt Instrument, Basis Spread on Variable Rate								1.00%

Note 6 - Loans Payable - Loan M

Note 6 - Loans Payable - Loan Maturity (Details)	Dec. 31, 2021USD ($)
2022	$ 273,614
2023	284,241
2024	295,281
2025	306,750
2026	4,759,411
Thereafter	4,109,225
Total	$ 10,028,522

Note 7 - Real Estate (Details T

Note 7 - Real Estate (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate Held-for-sale, Period Increase (Decrease)	$ 3,995,000	$ (9,220,000)
Real Estate Held-for-sale	$ 42,545,000	$ 39,050,000	$ 48,270,000

Note 7 - Real Estate - Real Est

Note 7 - Real Estate - Real Estate Disclosure (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net Realizable Value at beginning of period	$ 39,050,000	$ 48,270,000
Increase (decrease) in net realizable value	3,995,000	(9,220,000)
Net Realizable Value on December 31,	42,545,000	39,050,000
Flowerfield Properties, Inc. [Member]
Flowerfield	(500,000)	0
Increase (decrease) in net realizable value	2,425,000	(5,400,000)
Cortlandt Manor Medical Center [Member]
Increase (decrease) in net realizable value	$ 1,570,000	$ (3,820,000)

Note 8 - Accounts Payable and_3

Note 8 - Accounts Payable and Accrued Liabilities (Details Textual)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Director Fees, Deferred, Percentage		100.00%	100.00%
Forecast [Member]
Director Fees, Deferred, Percentage	100.00%

Note 8 - Accounts Payable and_4

Note 8 - Accounts Payable and Accrued Liabilities - Accounts Payable and Accrued Liabilities (Details) - USD ($)		Dec. 31, 2021	Dec. 31, 2020
Current accounts payable		$ 237,318	$ 241,963
Accrued liabilities		218,100	188,554
Other accounts payable (a)	[1]	909,333	651,220
Deferred Compensation to Directors (b)	[2]	722,694	368,372
Total accounts payable		1,146,651	893,183
Total, accrued liabilities		$ 940,794	$ 556,926
[1]	The Company reached agreements with certain service vendors to defer payment until the closing of the first property lot sale that is the subject of either the Flowerfield or Cortlandt Manor subdivision, respectively.
[2]	The director fees and interest accrued under the deferred Compensation Plan where each director elected to defer 100% of his fees for 2020, 2021 and 2022. This amount also includes the deferred compensation of a Board advisor per an agreement to defer payments due.

Note 8 - Accrued Liabilities -

Note 8 - Accrued Liabilities - Summary of Accrued Liabilities (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Payroll and related taxes	$ 54,307	$ 48,701
Professional fees	163,793	139,853
Total	$ 218,100	$ 188,554

Note 10 - Credit Quality of R_2

Note 10 - Credit Quality of Rents Receivable (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0	$ 0

Note 11 - Concentration of Cr_2

Note 11 - Concentration of Credit Risk (Details Textual) - Rental Income [Member] - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Customer 1 [Member]
Concentration Risk, Percentage		23.00%
Customer 2 [Member]
Concentration Risk, Percentage		22.00%
Customer 3 [Member]
Concentration Risk, Percentage		10.00%
Small Businesses and Not-for-Profit Corporations [Member] | Forecast [Member]
Concentration Risk, Percentage	40.00%

Note 12 - Commitments (Details

Note 12 - Commitments (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	May 31, 2014
Other Commitment, Total		$ 439,000	$ 431,716
Bonus Pool Funding as Percentage of Appraised Value of Contributed Properties					5.00%
Additional Bonus Pool Funding, Percentage of Gross Sales Price on First Ten Percent Of Property Appreciation					10.00%
Additional Bonus Pool, Funding Percentage of Gross Sales Price on Second Ten Percent of Property Appreciation					15.00%
Additional Bonus Pool Funding, Percentage of Gross Sales Price on Property Appreciation Greater than Twenty Percent					20.00%
Payment for Retention Bonus Plan		$ 0	$ 0
Deferred Compensation Arrangement Fixed Interest Rate				5.00%
Director Fees, Deferred, Percentage		100.00%	100.00%
Forecast [Member]
Director Fees, Deferred, Percentage	100.00%
Chief Executive Officer [Member] | Bonus Payable [Member]
Other Commitment, Total		$ 125,000
Other Employees [Member]
Supplemental Unemployment Benefits, Severance Benefits		$ 89,000
Board of Directors Chairman [Member]
Bonus Pool Distribution Proportions					15.00%
Other 5 Directors [Member]
Bonus Pool Distribution Proportions					10.00%
Executives and Employees [Member]
Bonus Pool Distribution Proportions					1.75%

Note 12 - Commitments - Other C

Note 12 - Commitments - Other Commitments (Details) - USD ($)		Dec. 31, 2021	Dec. 31, 2020
Contractual obligation		$ 439,000	$ 431,716
Management Employment Agreements with Bonus and Severance Commitment Contingencies [Member]
Contractual obligation	[1]	350,000	350,000
Other Employee Severance Commitment Contingencies [Member]
Contractual obligation		$ 89,000	$ 81,716
[1]	Excludes Retention Bonus Payments

Note 12 - Commitments - Allocat

Note 12 - Commitments - Allocation of Retention Bonus (Details)	Dec. 31, 2021
Bonus pool percentage	100.00%
Board Members [Member]
Bonus pool percentage	65.00%	[1]
Chief Executive Officer [Member]
Bonus pool percentage	15.474%
Chief Operating Officer [Member]
Bonus pool percentage	13.926%
Officer [Member]
Bonus pool percentage	1.75%	[2]
Other Employees [Member]
Bonus pool percentage	3.85%
[1]	15% for the Chairman and 10% for each of the other five directors.
[2]	The officer discretionary amount of 1.75% will be allocated to the officers within the discretion of the Board.

Note 15 - COVID-19 (Details Tex

Note 15 - COVID-19 (Details Textual) - Small Businesses and Not-for-Profit Corporations [Member] - Forecast [Member]	12 Months Ended
	Dec. 31, 2022USD ($)
Operating Lease, Lease Income, Total	$ 966,000
Rental Income [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	40.00%

Note 16 - Related Party Trans_3

Note 16 - Related Party Transactions (Details Textual) - Not-for-profit Corporation [Member]	Mar. 01, 2022USD ($)	Feb. 28, 2019USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Operating Lease, Lease Income, Total			$ 35,607	$ 35,607
Lease Term August 2016 Through December 2018 [Member]
Rent Amount Per Square Foot Per Month, Maximum		10
Annual Rent		$ 18,170
Operating Leases, Maximum Total Lease Commitment		$ 36,340
Commitments, Fair Value Disclosure			18,170
Operating Leases, Additional Commitment			$ 36,340
Lease Term March 2022 Through December 2027 [Member] | Subsequent Event [Member]
Escalators and Agreements, Percentage	3.00%
Below Market Lease, Annual Rent	$ 8,829
Below Market Lease, Total Commitment to be Received	$ 44,144

Note 16 - Related Party Trans_4

Note 16 - Related Party Transactions - Summary of Leasing Arrangements (Details) - Not-for-profit Corporation [Member]	12 Months Ended
	Dec. 31, 2021USD ($)ft²	Mar. 31, 2022USD ($)ft²
Subsequent Event [Member]
Square Feet (Square Foot) | ft²		6,006
Total commitment		$ 290,752
Lease Term January 2021 Through December 2022 1 [Member]
Square Feet (Square Foot) | ft²	2,284
Annual Rent	$ 19,414
Total commitment	$ 38,828
Lease Term January 2021 Through December 2022 2 [Member]
Square Feet (Square Foot) | ft²	1,817
Lease Term April 2022 Through December 2022 [Member] | Subsequent Event [Member]
Square Feet (Square Foot) | ft²		1,817
Total commitment		$ 11,583
Lease Term January 2021 Through December 2022 3 [Member]
Square Feet (Square Foot) | ft²	1,905
Annual Rent	$ 16,193
Total commitment	$ 32,385
Lease Term January 2023 Through December 2023 [Member] | Subsequent Event [Member]
Square Feet (Square Foot) | ft²		6,006
Total commitment		$ 279,169