SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

In accordance with this guidance, the following tables represent the fair value hierarchy for Level 1 and Level 2 financial instruments, in thousands, atDecember 31, 2018 and2017:

	Fair Value at Reporting Date Using
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs
2018:	Level 1		Level 2			Total
Assets:
Cash and cash equivalents	$	1,044	$	—		$	1,044
Liabilities
Long-term debt	$	—	$	(6,197	)	$	(6,197	)
Long-term debt, related parties		—		(1,430	)		(1,430	)

	Fair Value at Reporting Date Using
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs
2017:	Level 1		Level 2			Total
Assets:
Cash and cash equivalents	$	841	$	—		$	841
Liabilities
Current maturities of long-term debt	$	—	$	(4,877	)	$	(4,877	)
Long-term debt, related parties		—		(1,331	)		(1,331	)

Schedule of inventories for ferrous and non-ferrous materials

Inventories for ferrous and non-ferrous materials as of December 31, 2018 and2017 consist of the following:

	December 31, 2018		December 31, 2017
	(in thousands)
Raw materials	$	4,485	$	3,046
Finished goods	1,284		1,366
Processing costs	1,165		694
Total inventories for sale	$	6,934	$	5,106

Schedule of Property and Equipment

Property and equipment, in thousands, as ofDecember 31, 2018 and2017 consist of the following:

	Life	2018		2017
		(in thousands)
Land		$	4,993	$	4,993
Equipment and vehicles	1-10 years	27,408		26,738
Office equipment	1-7 years	1,457		1,457
Building and leasehold improvements	5-40 years	7,685		7,685
		$	41,543	$	40,873
Less accumulated depreciation		31,757		29,661
		$	9,786	$	11,212