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SHARE BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | Our 2018 Stock Incentive Plan (the “Plan”) authorizes the issuance of up to 1,000,000 shares pursuant to options or awards granted under the Plan. Under the Plan, incentive stock and nonstatutory options were granted at prices equal to at least the fair market value of our Class A common stock at the date of grant. Outstanding options vest in three (3) equal annual installments beginning one (1) year from the date of grant and are subject to termination provisions as defined in the Plan. The fair values of options was estimated using the Black-Scholes option-pricing model at their respective grant date using the following assumptions:
|  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |
Weighted-average grant date fair value per share |  | $0.17 - $0.19 |  |  | $0.40 - $0.48 |
Risk-free interest rate |  | 0.78% |  |  | 1.47% |
Dividend yield |  | 5.8% |  |  | 4.7% |
Expected term (in years) |  | 10 |  |  | 10 |
Volatility |  | 25% |  |  | 31% |
Share-based Payment Arrangement, Option, Activity [Table Text Block] | Stock option activity during the periods indicated is as follows:
|  | Number of Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Years Remaining Contractual Term |  |  | Aggregate Intrinsic Value |
Outstanding at December 31, 2018 |  |  | 453,000 |  |  | $ | 1.35 |  |  |  | 5.0 |  |  | $ | 182,400 |
Grants |  |  | 52,500 |  |  |  | 2.78 |  |  |  | 8.0 |  |  | $ | - |
Exercised |  |  | (123,000 | ) |  |  | 1.03 |  |  |  | - |  |  |  | - |
Forfeited |  |  | (1,000 | ) |  |  | 0.84 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2019 |  |  | 381,500 |  |  |  | 1.65 |  |  |  | 5.6 |  |  | $ | 429,000 |
Grants |  |  | 41,000 |  |  | $ | 2.29 |  |  |  | 7.5 |  |  |  | - |
Exercised |  |  | (72,000 | ) |  |  | 1.18 |  |  |  | - |  |  |  | - |
Forfeited |  |  | (55,000 | ) |  |  | 1.36 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2020 |  |  | 295,500 |  |  | $ | 1.92 |  |  |  | 5.4 |  |  | $ | 359,000 |
Exercisable at December 31, 2020 |  |  | 156,000 |  |  | $ | 1.72 |  |  |  | 4.9 |  |  | $ | 186,000 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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