INVENTORIES

6 Months Ended

Jun. 30, 2018

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 6. INVENTORIES

Inventories consist of finished goods including books from Regnery Publishing and wellness products. All inventories are valued at the lower of cost or net realizable value as determined on a First-In First-Out (“FIFO”) cost method and reported net of estimated reserves for obsolescence.

The following table provides details of inventory on hand by segment:

	December 31, 2017			June 30, 2018
	(Dollars in thousands)
Regnery Publishing book inventories	$	2,038		$	1,169
Reserve for obsolescence – Regnery Publishing		(1,621	)		(689	)
Inventory, net - Regnery Publishing		417			480
Wellness products	$	349		$	479
Reserve for obsolescence – Wellness products		(36	)		(6	)
Inventory, net - Wellness products		313			473
Consolidated inventories, net	$	730		$	953