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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
Changes in restricted stock units, consisting primarily of annual automatic grants and deferred compensation to non-employee directors, under the Incentive Compensation Plans during 2018 and 2017 are as follows:
 
 
 
Restricted Stock

Units
 
 
Grant Date

Weighted-

Average Fair

Value
 
 
Intrinsic
Value
 
Outstanding at January 1, 2017
 
 
4,000
 
 
$
2.25
 
 
$
-
 
Granted
 
 
22,000
 
 
$
3.47
 
 
$
-
 
Vested
 
 
(22,000
)
 
$
4.06
 
 
$
-
 
Outstanding at December 31, 2017
 
 
4,000
 
 
$
3.77
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at January 1, 2018
 
 
4,000
 
 
$
3.77
 
 
$
-
 
Granted
 
 
35,000
 
 
$
2.56
 
 
$
-
 
Vested
 
 
(35,000
)
 
$
2.69
 
 
$
-
 
Outstanding at December 31, 2018
 
 
4,000
 
 
$
2.68
 
 
$
-
 
Share-based Compensation, Stock Options, Activity [Table Text Block]
Changes in stock options outstanding under the Incentive Compensation Plans during 2018 and 2017 are as follows:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
Number
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
Options
 
of Options
 
 
Price
 
 
Term (Years)
 
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2016
 
 
625,000
 
 
$
2.85
 
 
 
4.25
 
 
 
 
 
 Granted
 
 
27,000
 
 
$
3.31
 
 
 
6.66
 
 
 
 
 
 Exercised
 
 
(4,000
)
 
$
2.81
 
 
 
-
 
 
 
 
 
 Forfeited
 
 
(33,000
)
 
$
2.82
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2017
 
 
615,000
 
 
$
2.87
 
 
 
3.48
 
 
$
22,000.00
 
Granted
 
 
16,000
 
 
$
2.68
 
 
 
6.46
 
 
 
 
 
Forfeited
 
 
(18,000
)
 
$
3.15
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
 
 
613,000
 
 
$
2.85
 
 
 
3.14
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2017
 
 
395,000
 
 
$
2.86
 
 
 
3.35
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2018
 
 
488,000
 
 
$
2.87
 
 
 
2.55
 
 
$
-
 
Schedule of Nonvested Share Activity [Table Text Block]
A summary of the status of the Company’s non-vested stock options as of December 31, 2018 and 2017, and changes during the years ended December 31, 2018 and 2017 is presented below:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Average
 
 
 
Number
 
 
Grant-Date
 
Nonvested Options
 
of Options
 
 
Fair Value
 
 
 
 
 
 
 
 
Nonvested at December 31, 2016
 
 
321,000
 
 
$
1.18
 
 Granted
 
 
27,000
 
 
$
1.50
 
 Vested
 
 
(117,000
)
 
$
1.20
 
 Forfeited
 
 
(11,000
)
 
$
1.27
 
 
 
 
 
 
 
 
 
 
Nonvested at December 31, 2017
 
 
220,000
 
 
$
1.20
 
Granted
 
 
16,000
 
 
$
1.45
 
Vested
 
 
(111,000
)
 
$
1.22
 
 
 
 
 
 
 
 
 
 
Nonvested at December 31, 2018
 
 
125,000
 
 
$
1.20
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of the Company’s option grants under the Plan in 2018, 2017 and 2016 was estimated using the following assumptions:
 
 
 
2018
 
 
2017
 
 
2016
 
 
 
 
 
 
 
 
 
 
 
Expected life (years)
 
 
7.0
 
 
 
7.0
 
 
 
7.0
 
Expected forfeiture rate
 
 
0.0
%
 
 
0.0
%
 
 
0.0
%
Expected volatility
 
 
50
%
 
 
53
%
 
 
53
%
Dividend yield
 
 
0
%
 
 
0
%
 
 
0
%
Risk-free interest rate
 
 
2.9
%
 
 
2.0
%
 
 
2.0
%