INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes Tables

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

The Company’s provision (benefit) for income taxes consists of the following for the years ended December 31, 2014, 2013 and 2012:

	Year Ended December 31,
	2014			2013			2012
Current:
Federal	$	-		$	-		$	204
State		98			2			24
Foreign		-			(287	)		342
Total current provision		98			(285	)		570
Deferred:
Federal		(2,503	)		791			1,419
State		(481	)		198			289
Foreign		-			-			(342	)
Total deferred		(2,984	)		989			1,366
Total provision for income taxes	$	(2,886	)	$	704		$	1,936

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

A reconciliation of the federal statutory rate of 34% to the effective tax rate for income (loss) from continuing operations before income taxes is as follows for the years ended December 31, 2014, 2013 and 2012:

	Year Ended December 31,
	2014			2013			2012
Provision for income taxes at federal statutory rate		(34.0	)%		34.0	%		34.0	%
State income taxes, net of federal benefit		(3.7	)		8.7			3.3
Foreign tax on gain on bargain purchase		-			-			(7.4	)
Foreign tax differential		-			9.0			-
Other		4.5			3.3			0.9
Effective income tax rate		(33.2	)%		55.0	%		30.8	%

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

Deferred income tax assets (liabilities) consisted of the following as of December 31, 2014 and 2013:

	December 31,
	2014		2013
Deferred tax assets:
Allowance for doubtful accounts	$	282	$	128
Goods held for sale or auction		2,819		530
Deductible goodwill and other intangibles		9,988		520
Accrued liabilities and other		3,210		1,128
Mandatorily redeemable noncontrolling interests		740		671
Note payable to Phantom Equityholders		-		376
Foreign tax and other tax credit carryforwards		342		591
Net operating loss carryforward		8,220		8,665
Total gross deferred tax assets	$	25,601	$	12,609