Note 9 - Related Parties

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note

9.

  Related Parties

The Executive Chairman of the Company, Mark E. Schwarz, is also the chairman, chief executive officer and portfolio manager of Newcastle Capital Management, L.P. (“NCM”). NCM is the general partner of Newcastle Partners L.P. (“Newcastle”), which is the largest shareholder of the Company. James Dvorak (Managing Director at NCM) also serves as a director of the Company.

The Company’s corporate headquarters are located at

200

Crescent Court, Suite

1400,

Dallas, Texas

75201,

which are also the offices of NCM. The Company occupies a portion of NCM space on a month-to-month basis at

$2.5

thousand per month, pursuant to a services agreement entered into between the parties. Pursuant to the services agreement, the Company receives the use of NCM’s facilities and equipment and accounting, legal and administrative services from employees of NCM. The Company incurred expenses pursuant to the services agreement totaling approximately

$7.5

thousand for the

three

months ended both

March 31, 2019

and

2018.

The Company did

not

owe NCM any amounts under the services agreement as of

March 31, 2019.