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Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
 
 
Outstanding Balance
 
 
 
 
 
 
 
 
March 31,
 
 
December 31,
 
 
Current
 
 
 
 
 
2017
 
 
2016
 
 
Interest Rate
 
 
Maturity
Capital leases (1)
 
$
9,427
 
 
$
13,664
 
 
 
4.20
%
 
May 1, 2018
Sub-Total
 
 
9,427
 
 
 
13,664
 
 
 
 
 
 
 
Less: Current maturities of capital leases
 
 
9,427
 
 
 
12,590
 
 
 
 
 
 
 
Long term debt, less current maturities
 
$
-
 
 
$
1,074
 
 
 
 
 
 
 
 
(1)
On April 3, 2011, DGSE entered into a capital lease for $58,563 with Graybar Financial Services for phones at the new corporate headquarters. The non-cancelable lease agreement required an advanced payment of $2,304 and monthly payments of $1,077 for 60 months at an interest rate of 4.2% beginning in May 2011. At the end of the lease in May 2018, the equipment can be purchased for $1. As of March 31, 2017, we are five payments ahead of schedule and expect to pay off the capital lease early.