XML 24 R9.htm IDEA: XBRL DOCUMENT v3.20.4
Note 2 - Basis of Presentation
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Basis of Accounting [Text Block]
2.
BASIS OF PRESENTATION
 
The accounting and reporting policies of the Company conform to U.S. GAAP.  Certain prior period amounts have been reclassified to conform to the current period presentation. 
 
 Effective
June 1, 2019,
the Company changed its accounting policy regarding the netting of reverse repo and repo transactions and updated prior periods' balances to be consistent with this new accounting policy.  This change resulted in an increase in the repo and reverse repo amounts included in the consolidated balance sheet as of
December 31, 2018 
of
$2,461,177.
  See note
11.