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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision for income taxes as of December 31, 2016, 2015 and 2014 consist of the following:

		YEARS ENDED DECEMBER 31,
		2016			2015			2014
Current:
Federal		$	24,000		$	35,000		$	-
State			146,000			103,000			54,000
Foreign			-			-			-
Total current			170,000			138,000			54,000
Deferred:
Federal			680,000			353,000			(131,000)
State			93,000			(57,000)			40,000
Foreign			-			-			166,000
Total deferred			773,000			296,000			75,000
		$	943,000		$	434,000		$	129,000

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2016 and 2015 are as follows:

		DECEMBER 31,
		2016			2015
Deferred tax liabilities:
Property and equipment		$	(7,595,000)		$	(6,831,000)
Total deferred tax liabilities			(7,595,000)			(6,831,000)
Deferred tax assets:
Net operating loss carryforwards			2,783,000			2,859,000
Accruals and allowances			193,000			172,000
Tax credits			380,000			356,000
Other – net			200,000			163,000
Capital loss carryover			1,228,000			1,217,000
Total deferred tax assets			4,784,000			4,767,000
Valuation allowance			(1,365,000)			(1,340,000)
Deferred tax assets net of valuation allowance			3,419,000			3,427,000
Net deferred tax liabilities		$	(4,176,000)		$	(3,404,000)

Condensed Financial Statements [Table Text Block]

These amounts are presented in the financial statements as follows:

		DECEMBER 31,
		2016			2015
Deferred income taxes (non-current)		$	(4,176,000)		$	(3,404,000)
		$	(4,176,000)		$	(3,404,000)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The provision for income taxes differs from the amount computed by applying the U.S. federal statutory tax rate (34% in 2016, 2015 and 2014) to income before taxes as follows:

		YEARS ENDED DECEMBER 31,
		2016			2015			2014
Computed expected federal income tax		$	637,000		$	(360,000)		$	(280,000)
State income taxes, net of federal benefit			169,000			(55,000)			66,000
Non-deductible expenses			42,000			40,000			21,000
Change in valuation allowance			25,000			792,000			416,000
Other			70,000			17,000			(94,000)
		$	943,000		$	434,000		$	129,000

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

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Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

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