Note 6 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

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

Year ended December 31, (in thousands)	2020		2019
Current	$	1,925	$	1,991
Deferred		543		555
Total	$	2,468	$	2,546

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

Year ended December 31,	20 20			201 9
Statutory rate		21	%		21	%
State and local taxes, net of federal benefit		4.7			3.7
Equity compensation		0.3			(5.7	)
Foreign tax credit		(2.7	)		--
Other		(0.1	)		(0.2	)
Effective rate		23.2	%		18.8	%

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

(in thousands)	20 20			201 9
Deferred tax (liabilities) assets:
Unrealized loss on investments	$	788		$	582
Foreign Tax Credit		124			--
Fixed assets		(1,347	)		(370	)
Other		134			95
Total deferred tax (liability) asset		(301	)		307
Less valuation allowance		(517	)		(582	)
Net deferred tax liability	$	(818	)	$	(275	)