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INVESTMENTS IN MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Table Text Block]
For the years ended December 31, 2016 and 2015, net unrealized losses on trading securities were approximately $21,000 and $402,000, respectively.
 
 
 
December 31, 2016
 
December 31, 2015
 
 
 
Cost
 
Fair
 
Unrealized
 
Cost
 
Fair
 
Unrealized
 
Description
 
Basis
 
Value
 
Gain (loss)
 
Basis
 
Value
 
Gain (loss)
 
Real Estate Investment Trusts
 
$
6,197,000
 
$
6,249,000
 
$
52,000
 
$
8,108,000
 
$
8,320,000
 
$
212,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds, ETF & other
 
 
222,000
 
 
244,000
 
 
22,000
 
 
755,000
 
 
753,000
 
 
(2,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Equity Securities
 
 
525,000
 
 
544,000
 
 
19,000
 
 
666,000
 
 
697,000
 
 
31,000
 
Total Equity Securities
 
 
6,944,000
 
 
7,037,000
 
 
93,000
 
 
9,529,000
 
 
9,770,000
 
 
241,000
 
Debt Securities
 
 
696,000
 
 
713,000
 
 
17,000
 
 
847,000
 
 
737,000
 
 
(110,000)
 
Total
 
$
7,640,000
 
$
7,750,000
 
$
110,000
 
$
10,376,000
 
$
10,507,000
 
$
131,000
 
Held-to-maturity Securities [Table Text Block]
As of December 31, 2016, debt securities are scheduled to mature as follows:
 
 
 
Cost
 
Fair Value
 
2017 – 2021
 
$
50,000
 
$
50,000
 
2022 – 2026
 
 
187,000
 
 
199,000
 
2027 – thereafter
 
 
459,000
 
 
464,000
 
 
 
$
696,000
 
$
713,000
 
Gain (Loss) on Investments [Table Text Block]
Net gain (loss) from investments in marketable securities for the years ended December 31, 2016 and 2015 is summarized below:
 
Description
 
2016
 
2015
 
Net realized gain from sales of marketable securities
 
$
271,000
 
$
50,000
 
Net unrealized loss from marketable securities
 
 
(21,000)
 
 
(402,000)
 
Total net gain (loss) from investments in marketable securities
 
$
250,000
 
$
(352,000)