Note 16 - Intangible Asset |
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2019 | |||
Notes to Financial Statements | |||
Goodwill and Intangible Assets Disclosure [Text Block] |
In April of 2015, FutureFuel acquired additional historical line space on a pipeline for $1,408. The acquired line space was recorded as an intangible asset with an indefinite life as there was no foreseeable limit on the time period over which it is expected to contribute to cash flows. The carrying value of the asset was $ as of 1,408 March 31, 2019 and December 31, 2018. FutureFuel tests the intangible asset for impairment in accordance with Topic 350. |