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INVESTMENTS IN MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Table Text Block]
For the years ended December 31, 2018 and 2017, net unrealized (losses) gains on trading securities were approximately ($454,000) and $199,000, respectively.
 
 
 
December 31, 2018
 
 
December 31, 2017
 
Description
 
Cost

Basis
 
 
Fair

Value
 
 
Unrealized

Gain
 
 
Cost

Basis
 
 
Fair

Value
 
 
Unrealized

Gain
 
Real Estate Investment Trusts
 
$
1,888,000
 
 
$
1,760,000
 
 
$
(128,000
)
 
$
2,848,000
 
 
$
2,958,000
 
 
$
110,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual Funds, ETF & other
 
 
210,000
 
 
 
206,000
 
 
 
(4,000
)
 
 
258,000
 
 
 
290,000
 
 
 
32,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Equity Securities
 
 
606,000
 
 
 
608,000
 
 
 
2,000
 
 
 
650,000
 
 
 
785,000
 
 
 
135,000
 
Total Equity Securities
 
 
2,704,000
 
 
 
2,574,000
 
 
 
(130,000
)
 
 
3,756,000
 
 
 
4,033,000
 
 
 
276,000
 
Debt Securities
 
 
517,000
 
 
 
502,000
 
 
 
(15,000
)
 
 
485,000
 
 
 
517,000
 
 
 
32,000
 
Total
 
$
3,221,000
 
 
$
3,076,000
 
 
$
(145,000
)
 
$
4,241,000
 
 
$
4,550,000
 
 
$
309,000
 
Debt Securities, Held-to-maturity [Table Text Block]
As of December 31, 2018, debt securities are scheduled to mature as follows:
 
 
 
Cost
 
 
Fair Value
 
2019 – 2023
 
$
111,000
 
 
$
110,000
 
2024 – 2028
 
 
153,000
 
 
 
146,000
 
2029 – thereafter
 
 
253,000
 
 
 
246,000
 
 
 
$
517,000
 
 
$
502,000
 
Gain (Loss) on Securities [Table Text Block]
Net (loss) gain from investments in marketable securities for the years ended December 31, 2018 and 2017 is summarized below:
 
Description
 
2018
 
 
2017
 
Net realized gains from sales of marketable securities
 
$
51,000
 
 
$
62,000
 
Net unrealized (losses) gains from marketable securities
 
 
(454,000
)
 
 
199,000
 
Total net (losses) gains from investments in marketable securities
 
$
(403,000
)
 
$
261,000