Note 15 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Consolidated Income Before Income Tax [Table Text Block]

	2018		2017
Income (loss) before income tax	$	11,029	$	(3,646	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2018			2017
Current:
Federal income tax	$	(732	)	$	(90	)
State income tax		6			6
Total current benefit		(726	)		(84	)
Deferred:
Federal, excluding operating loss carry forwards		(1,123	)		2,772
State, excluding operating loss carry forwards		(31	)		(169	)
Change in valuation allowance		(42	)		65
Tax benefit of operating loss carry forwards:
Federal		2,771			-
State		1,192			-
Total deferred expense		2,767			2,668
Total income tax expense	$	2,041		$	2,584

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2018			2017
Computed federal income taxes at the statutory rate	$	2,335		$	(1,276	)
Expense (benefit) in tax resulting from:
State income taxes (net of Federal benefit)		824			(222	)
Enacted rate change		(703	)		3,851
Alternative minimum tax sequestration		(569	)		-
Other		236			122
Stock-based compensation		(40	)		44
Change in valuation allowance		(42	)		65
Total income tax expense	$	2,041		$	2,584

Schedule of Income Tax Expense (Benefit) Charged to Statements of Comprehensive Income (Loss) and Statement of Stockholders' Equity [Table Text Block]

	2018			2017
Statement of comprehensive income (loss):
Income tax expense	$	2,041		$	2,584
Other comprehensive income (loss), tax effect	$	(110	)	$	655

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2018			2017
Deferred tax assets:
Net operating loss carry forwards	$	16,742		$	19,805
Deferred GCI capacity revenue		9,428			10,016
Reserves and accruals		8,947			7,910
Intangibles and goodwill		944			1,033
Pension liability		1,031			927
Allowance for doubtful accounts		1,118			775
Total deferred tax assets		38,210			40,466
Valuation allowance		(162	)		(204	)
Deferred tax assets after valuation allowance		38,048			40,262
Deferred tax liabilities:
Debt issuance costs		-			(5	)
Property, plant and equipment		(37,320	)		(37,287	)
Fair value on interest rate swaps		(130	)		(146	)
Revenue contract assets		(2,407	)		-
Other		(8	)		(26	)
Total deferred tax liabilities		(39,865	)		(37,464	)
Net deferred tax (liability) asset	$	(1,817	)	$	2,798