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Note 13 - Related Party Transactions
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
13.
   Related Party Transactions
 
Stephen M. Merrick, Chief Executive Officer of the Company until
November 2018,
is of counsel to a law firm from which the Company received legal services during the year. Mr. Merrick is both a director and a shareholder of the Company. Legal fees paid to this firm were
$88,000
and
$154,000
for the years ended
December 31, 2018
and
2017,
respectively.
 
John H. Schwan, Chairman of the Board, is the brother of Gary Schwan,
one
of the owners of Schwan Incorporated, which provides building maintenance services to the Company. The Company made payments to Schwan Incorporated of approximately
$41,000
and
$19,000
during the years ended
December 31, 2018
and
2017,
respectively.
 
During the period from
January 2003
to the present, John H. Schwan, Chairman of the Board, has made loans to the Company which have outstanding balances, for the Company of
$1,597,000
and
$1,507,000
as of
December 31, 2018
and
2017,
respectively. During
2018
and
2017,
interest expense on these outstanding loans was
$93,000
and
$94,000,
respectively.
 
During
2010,
Schwan Leasing and Merrick Company, owned by John H. Schwan and Stephen M. Merrick, provided financing for the acquisition and construction of latex balloon production and related equipment (see Note
14
).
 
Items identified as Notes Payable Affiliates in the Company's Consolidated Balance Sheet as of
December 31, 2018
and
2017
include loans by shareholders to Flexo Universal totaling
$28,000
and
$41,000,
respectively, as well as a loan to CTI Europe totaling
$32,000
and
$32,000,
respectively.