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Note 13 - Lease Commitments
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Leases of Lessee Disclosure [Text Block]
Note
1
3
. LEASE COMMITMENTS
The Company leases certain buildings, data processing and other equipment under operating lease agreements expiring through the year
2022.
Subsequent to year end, the Company entered into a new lease for office space in Illinois requiring lease payments of approximately
$
60,000
per year for
5
years. The future minimum lease payments required under operating leases are as follows:
 
Years ending
 
 
 
December 31
 
(in $000's)
 
2017
  $
127
 
2018
  $
68
 
2019
  $
64
 
2020
  $
66
 
2021
  $
67
 
Thereafter
  $
28
 
    $
420
 
 
Rent expense related to operating leases was approximately
$377,000
and
$763,000
during the years ended
December
31,
2016
and
2015,
respectively.