XML 68 R27.htm IDEA: XBRL DOCUMENT
v2.4.1.9

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
INCOME TAXES (Tables): |
INCOME TAXES - OTHER DETAILS (TABLE) | Current income tax expense is attributable to (dollars in thousands):
|  | 2014 |  |  | 2013 |  |  | 2012 |
Income from continuing operations |  | $ | 2,705 |  |  | $ | 8,729 |  |  | $ | 2,360 |
Income from discontinued operations |  |  | - |  |  |  | - |  |  |  | 37 |
|  | $ | 2,705 |  |  | $ | 8,729 |  |  | $ | 2,397 |
INCOME TAXES - US STATUTORY INCOME TAX RATES (TABLE) | The following table presents the principal reasons for the differences between the Company’s effective tax rate and the United States statutory income tax rate of 35% (dollars in thousands):
|  | 2014 |  |  | 2013 |  |  | 2012 |
Federal income tax at statutory rate |  | $ | 946 |  |  | $ | 3,055 |  |  | $ | 839 |
State tax expense |  |  | - |  |  |  | - |  |  |  | 8 |
Gain on sale differences |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | - |  |  |  | - |  |  |  | (8 | )
Utilization of net operating loss and minimum tax credit carry forwards |  |  | - |  |  |  | - |  |  |  | - |
Effective income tax rate |  |  | 35 | % |  |  | 35 | % |  |  | 35 | %
INCOME TAXES - DEFERRED TAX ASSET (TABLE) | The tax effects of temporary differences and net operating loss carry forwards that give rise to the deferred tax assets are presented below (dollars in thousands):
|  | 2014 |  |  | 2013 |  |  | 2012 |
Accumulated depreciation and amortization |  | $ | (516 | ) |  | $ | (514 | ) |  | $ | (514 | )
Allowance for loss |  |  | 694 |  |  |  | 694 |  |  |  | 694 |
Other |  |  | - |  |  |  | - |  |  |  | 38 |
Federal benefit of NOL carryforward |  |  | 1,078 |  |  |  | 1,078 |  |  |  | 1,078 |
Federal benefit of AMT caryforward |  |  | 164 |  |  |  | 164 |  |  |  | 164 |
Deferred tax asset |  | $ | 1,420 |  |  | $ | 1,422 |  |  | $ | 1,460 |
Less valuation allowance |  |  | (1,420 | ) |  |  | (1,422 | ) |  |  | (1,460 | )
Total deferred tax asset |  | $ | - |  |  | $ | - |  |  | $ | - |

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | fil_IncomeTaxesDeferredTaxAssetTbl
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | fil_IncomeTaxesOtherDetailsTblTextBlock
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | fil_IncomeTaxesTablesAbstract
Namespace Prefix: | fil_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | fil_IncomeTaxesUsStatutoryIncomeTaxRatesTblTextBlock
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration