INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision (benefit) for income taxes as of December 31, 2020 and 2019 consist of the following:

	YEARS ENDED DECEMBER 31,
	2020		2019
Current:
Federal	$	209,000	$	443,000
State	88,000		207,000
Foreign	117,000		130,000
Total current	414,000		780,000
Deferred:
Federal	(1,909,000)		(311,000)
State	(266,000)		(251,000)
Foreign	24,000		(90,000)
Total deferred	(2,151,000)		(652,000)
	$	(1,737,000)	$	128,000

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2020 and 2019 are as follows:

	DECEMBER 31,
	2020		2019
Deferred tax liabilities:
Property and equipment	$	(564,000)	$	(3,112,000)
Total deferred tax liabilities	(564,000)		(3,112,000)
Deferred tax assets:
Net operating loss carryforwards	99,000		117,000
Accruals and allowances	43,000		248,000
Tax credits	5,000		4,000
Other – net	50,000		229,000
Capital loss carryover	627,000		921,000
Total deferred tax assets	824,000		1,519,000
Valuation allowance	(678,000)		(921,000)
Deferred tax assets net of valuation allowance	146,000		598,000
Net deferred tax liabilities	$	(418,000)	$	(2,514,000)

Schedule of Amounts Presented in Financial Statements

These amounts are presented in the financial statements as follows:

	DECEMBER 31,
	2020		2019
Deferred income taxes (non-current)	$	(418,000)	$	(2,514,000)
	$	(418,000)	$	(2,514,000)

Schedule of Effective Income Tax Rate Reconciliation

The (benefit) provision for income taxes differs from the amount computed by applying the U.S. federal statutory tax rate (21% in 2020 and 2019) to income before taxes as follows:

	YEARS ENDED DECEMBER 31,
	2020		2019
Computed expected federal income tax	$	(1,844,000)	$	167,000
State income taxes, net of federal benefit	(199,000)		(80,000)
Non-deductible expenses	6,000		29,000
Return to Provision True-up	22,000		39,000
Uncertain Tax Positions	16,000		80,000
Capital loss carryforward expiration	246,000		—
Change in valuation allowance	(243,000)		(175,000)
Other deferred tax adjustments	259,000		68,000
	$	(1,737,000)	$	128,000

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefit is as follows:

	YEARS ENDED DECEMBER 31,
	2020		2019
Balance at beginning of year	$	259,000	$	87,000
Additions based on tax positions of prior years	16,000		172,000
Balance at end of year	$	275,000	$	259,000