Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following:

	December 31,
	2017		2016
Capital lease (1)	$	2,352	$	13,664
Sub-Total		2,352		13,664
Less Current portion capital lease		2,352		12,590
Long-term debt	$	-	$	1,074

(1) On April 3, 2013, DGSE entered into a capital lease for $58,563 with Graybar Financial Services for phones at the new corporate headquarters. The non-cancelable lease agreement required an advanced payment of $2,304 and monthly payments of $1,077 for 60 months at an interest rate of 4.2% beginning in May 2013. The lease contract runs through May 2018 but with prior years extra payments the lease will be paid in full February 2018, then the equipment can be purchased for $1.

Schedule of Maturities of Long-term Debt [Table Text Block]

Maturities of DGSE’s long-term obligations over the next five years are as follows:

	Total		2018		2019		2020		2021		Thereafter
Capital lease obligation	$	2,352	$	2,352	$	-	$	-	$	-	$	-
Total	$	2,352	$	2,352	$	-	$	-	$	-	$	-