(LOSS) EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the elements of basic and diluted (loss) earnings per common share:

	Three months ended
	March 31,
	2017		2016
Numerator for basic and diluted (loss) earnings per common share:
Net  (loss) income from continuing operations	$	(60,000)	$	66,000
Net income from discontinued operations		—		12,257,000
Net (loss) income	$	(60,000)	$	12,323,000
Denominator:
For basic earnings per share - weighted average common shares outstanding		3,598,000		3,601,000
Dilutive securities (1)		—		177,000
For diluted earnings per share -  weighted average common shares outstanding		3,598,000		3,778,000

⁽¹⁾ Dilutive securities consist of “in the money” stock options.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The weighted average of anti-dilutive stock options outstanding was as follows:

	Three months ended
	March 31,
	2017		2016
Weighted average antidilutive stock options outstanding		71,000		89,000