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Note 14 - Recently Issued Accounting Standards
 3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Accounting Standards Update and Change in Accounting Principle [Text Block]
14) 

 RECENTLY ISSUED ACCOUNTING STANDARDS 

 

Recently Issued Accounting Standards Adopted  

 

Reference Rate Reform (ASU No. 2020-04)

 

In March 2020, the FASB issued an accounting standard update to provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions affected by reference rate reform, if certain criteria are met. The amendments in this update are effective for all entities from January 1, 2020 through December 31, 2022. The Company is in the process of evaluating the adoption of this optional accounting standards update as certain exceptions provided under this guidance may be applicable to future reference rate reform related transitions.