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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
Upon initial measurement, components of the purchase price are as follows: | Upon initial measurement, components of the purchase price are as follows:
|  | Relec |
Accounts receivable |  | $ | 633,000 |
Prepaid and other current assets |  |  | 53,000 |
Inventories, net |  |  | 994,000 |
Property and equipment |  |  | 94,000 |
Customer relationships |  |  | 900,000 |
Trade name |  |  | 500,000 |
Accounts payable and accrued expenses |  |  | (557,000 | )
Net assets acquired |  |  | 2,617,000 |
Goodwill |  |  | 1,148,000 |
Purchase price |  | $ | 3,765,000 |
Schedule of acquisation | Schedule of acquisation
Land and improvements |  | $ | 9,021,000 |
Building improvements |  |  | 60,265,000 |
Furniture, fixtures and equipment |  |  | 2,048,000 |
Assets acquired |  | $ | 71,334,000 |

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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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