Note 16 - Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

1 6. ACCUMULATED OTHER COMPREHENSIVE INCOME :

The following table shows the components of accumulated other comprehensive loss

(in thousands):

	Available for Sale Securities
Balance as of December 31, 2015	$	(305	)
Changes in fair value		32
Income tax expense		(13	)
Balance as of December 31, 2016	$	(286	)
Reclassification of gain into income		469
Income tax expense		(183	)
Balance as of December 31, 2017	$	−

The following table shows the amount of loss reclassified from accumulated other comprehensive loss into earnings (in thousands):

	Year Ended
	December 31, 201 7		December 31, 201 6		December 31, 201 5
Losses on cash flow swaps to:
Interest expense	$	−	$	−	$	(55	)
Income tax benefit		−		−		21
Total reclassifications	$	−	$	−	$	(34	)