Note 13 - Subsequent Events

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Subsequent Events [Text Block]

Note

13

–

SUBSEQUENT EVENTS

In

January

2017,

the Company received

$440,000

from OKC Industrial Properties (OKC) as its share of profit from the sale of some undeveloped real estate by OKC. The Company owns

10%

of OKC and our investment of

$56,164

is included in the balance sheet line item “Investments: Other, at Cost.” The

$440,000

will be included as income in the operating results for the quarter ending

March

31,

2017.