Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of net income (loss) available to each class of common stockholders

    Three months ended June 30,     Six months ended June 30,  
    2020     2019     2020     2019  
Net income available to Class A common stockholders:                        
Interest income   $ 77,000     $ 1,855,000     $ 1,899,000     $ 2,385,000  
Less: Income and franchise taxes     (56,000 )     (430,000 )     (478,000 )     (546,000 )
Net income attributable to Class A common stockholders   $ 21,000     $ 1,425,000     $ 1,421,000     $ 1,839,000  
Net (loss) available to Class B common stockholders:                                
Net (loss) income   $ (400,000 )   $ 1,115,000     $ 669,000     $ 1,433,000  
Less: amount attributable to Class A common stockholders     (21,000 )     (1,425,000 )     (1,421,000 )     (1,839.000 )
Net loss attributable to Class B common stockholders   $ (421,000 )   $ (310,000 )   $ (752,000 )   $ (406,000 )