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Income Taxes
6 Months Ended
Jun. 30, 2019
Income Taxes [Abstract]  
Income Taxes
Note H – Income Taxes

The Company’s income tax rate, which includes federal and state income taxes, was approximately 29%, for the six months ended June 30, 2019, and 56% for the six months ended June 30, 2018.  The 2018 tax charge includes a $33,000 adjustment to the estimated effective state tax rate and $56,000 of permanent differences arising from the $190,000 of losses from investments in unconsolidated entities.  The Company recorded a tax charge of $51,000 and $179,000 for the six months ended June 30, 2019 and 2018, respectively.