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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the elements of basic and diluted earnings (loss) per common share:
 
 
 
Three months ended
 
Nine months ended
 
 
 
September 30,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Numerator for basic and diluted earnings (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) from continuing operations
 
$
5,000
 
$
(286,000)
 
$
(38,000)
 
$
(5,590,000)
 
Net income from discontinued operations
 
 
 
 
187,000
 
 
 
 
12,430,000
 
Net income (loss)
 
$
5,000
 
$
(99,000)
 
$
(38,000)
 
$
6,840,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
For basic earnings (loss) per share - weighted average common shares outstanding
 
 
3,617,000
 
 
3,598,000
 
 
3,609,000
 
 
3,598,000
 
Dilutive securities (1)
 
 
160,000
 
 
 
 
 
 
 
For diluted earnings (loss) per share -  weighted average common shares outstanding
 
 
3,777,000
 
 
3,598,000
 
 
3,609,000
 
 
3,598,000
 
 
 
(1)
Dilutive securities consist of “in the money” stock options.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The weighted average of anti-dilutive stock options outstanding was as follows:
 
 
 
Three months ended
 
Nine months ended
 
 
 
September 30,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Weighted average antidilutive stock options outstanding
 
 
138,000
 
 
73,000
 
 
86,000
 
 
78,000