INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

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

The provision for income taxes in the consolidated statements of comprehensive income consists of the following:

Three months ended March 31,	2017		2016
Current:
Federal	$	-	$	20,000
State		-		-
		-		20,000
Deferred:
Federal	$	64,000	$	80,000
State		7,000		12,000
		71,000		92,000
Decreased valuation allowance		(71,000)		(92,000)
Total	$	-	$	20,000