Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of net income (loss) available to each class of common stockholders
    March 31,
2019		     March 31,
2018		  
             
Net income available to Class A common stockholders:            
Interest income   $ 1,761,000     $ 1,076,000  
Less: Income and franchise taxes     (410,000 )     (265,000 )
Expenses available to be paid with  Interest income from Trust (up to a Maximum of $750,000 per year)     –       (237,000 )
Net income available to Class A common stockholders   $ 1,351,000     $ 574,000  
                 
Net income available to Class F common stockholders:                
Net income   $ 1,139,000     $ 574,000  
Less: amount attributable to Class A common  stockholders     (1,351,000 )     (574,000 )
Net income available to class F common stockholders   $ (212,000 )   $ -