Note 2 - Investments (Tables)

3 Months Ended

Jul. 31, 2016

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
ETFs - equities	$	3,445	$	430	$	-	$	3,875

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
ETFs - equities	$	3,445	$	194	$	(2	)	$	3,637

Investment Income [Table Text Block]

	Three Months Ended July 31,
($ in thousands)	2016		2015
Dividend income	$	24	$	43
Interest income		-		-
Other		9		8
Total income from securities transactions, net	$	33	$	51

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended July 31,
($ in thousands) (unaudited)	2016		2015
Investment management fees earned from the Value Line Funds, net of fee waivers	$	3,637	$	3,838
12b-1 fees and other fees, net of fee waivers	$	1,443	$	1,396
Other income (loss)	$	63	$	(9	)
Investment management fee waivers (1)	$	81	$	47
12b-1 fee waivers (1)	$	233	$	371
Value Line’s non-voting revenues interest	$	1,787	$	1,902
EAM's net income (2)	$	258	$	280

Summary Investment Holdings [Table Text Block]

	July 31,			April 30,
($ in thousands)	2016			2016
	(unaudited)
EAM's total assets	$	60,955		$	60,292
EAM's total liabilities (1)		(3,627	)		(3,021	)
EAM's total equity	$	57,328		$	57,271