Note 8 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

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

	For the Years Ended December 31,
	201 8		201 7			201 6
Federal income taxes
Current	$	1,036	$	1,201		$	1,176
Deferred		898		(9,332	)		1,872
Total federal tax expense (benefit)		1,934		(8,131	)		3,048
State income taxes
Current		503		284			308
Deferred		308		(9	)		302
Total state tax expense		811		275			610
Total income tax expense (benefit)	$	2,745	$	(7,856	)	$	3,658

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

	December 31,
	201 8			20 1 7
Deferred tax liabilities:
Amortization	$	(10,947	)	$	(11,058	)
Depreciation		(9,701	)		(8,408	)
Prepaid expense		(357	)		(151	)
State net operating loss carryforwards and adjustments		(277	)		(266	)
Other		(8	)		(8	)
Total deferred tax liabilities	$	(21,290	)	$	(19,891	)
Deferred tax assets:
Deferred compensation	$	142		$	131
Advance payments		612			520
Bad debt		145			71
Other		246			230
Total deferred tax assets	$	1,145		$	952

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

	For the Years Ended December 31,
	20 1 8			201 7			201 6
Federal income tax at statutory rate		21	%		35	%		35	%
Federal income tax provision at statutory rate	$	2,565		$	1,491		$	3,081
State income tax provision, net of federal income tax effects		641			177			397
Federal tax rate change		-			(9,336	)		-
Adjustments for prior years		(293	)
Other		(168	)		(188	)		180
Provision (benefit) for income taxes	$	2,745		$	(7,856	)	$	3,658
Effective income tax rate		22.5	%		(184.5	%)		41.5	%