ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Upon initial measurement, components of the purchase price are as follows:

Upon initial measurement, components of the purchase price are as follows:

	Relec
Accounts receivable	$	633,000
Prepaid and other current assets		53,000
Inventories, net		994,000
Property and equipment		94,000
Customer relationships		900,000
Trade name		500,000
Accounts payable and accrued expenses		(557,000	)
Net assets acquired		2,617,000
Goodwill		1,148,000
Purchase price	$	3,765,000

Schedule of acquisation

Land and improvements	$	9,021,000
Building improvements		60,265,000
Furniture, fixtures and equipment		2,048,000
Assets acquired	$	71,334,000