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OTHER ASSETS
 12 Months Ended
Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Noncurrent Assets Disclosure [Text Block]
9. OTHER ASSETS
 
Other assets included the following amounts at December 31, 2018 and 2017:
 
 
 
2018
 
 
2017
 
 
 
(Dollars in thousands)
 
Cash surrender value of life insurance
 
$
16,961
 
 
$
16,277
 
Amortizable intangible assets (See Note 8)
 
 
1,672
 
 
 
1,906
 
Investment in real estate
 
 
2,149
 
 
 
2,397
 
Other
 
 
2,501
 
 
 
2,517
 
Total other assets
 
$
23,283
 
 
$
23,097
 
  
The Company has five life insurance policies on current and former executives. Upon death of the insured executives, the approximate death benefit the Company would receive is $17.4 million in aggregate as of December 31, 2018.
 
On May 1, 2013, the Company purchased a 50% interest in a building in Montreal, Canada for approximately $3.2 million. The building, which is classified as an investment in real estate in the above table, serves as the Company’s Canadian office and distribution center. The purchase was accounted for as an equity-method investment under ASC 323,
Investments – Equity Method and Joint Ventures
.