Note 3 - Investments

12 Months Ended

Dec. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

3.      Investments

The investments consist of available-for-sale marketable securities and non trading common stock warrants. As of December 31, 2013, investments totaled $1,606,000 which consisted of marketable securities of $1,256,000 and common stock warrants of $350,000. As of December 31, 2012, marketable securities totaled $293,000 which consisted of only available-for-sale marketable securities.

The following provides information regarding the Company’s marketable securities as of December 31, 2013 and 2012:

	December 31,
	2013		2012
Cost basis	$	255,000	$	255,000
Gains included in accumulated other comprehensive income		1,001,000		38,000
Fair value	$	1,256,000	$	293,000

No marketable securities were sold during the years ended December 31, 2013 and 2012. The unrealized gains of $601,000 and $24,000 on the statements of comprehensive income are presented net of tax. Taxes were $376,000 and $14,000, respectively in 2013 and 2012.

The Company holds warrants to purchase common stock in an entity that are exercisable up to 167,500 shares of the entity that expire in September 2014. The following provides information regarding the Company’s investment in common stock warrants as of December 31, 2013 and 2012:

	December 31,
	2013		2012
Beginning Balance	$	-	$	-
Fair value change in common stock warrants (1)		350,000		-
Ending Balance	$	350,000	$	-

(1) Amounts are recognized in other income on the accompanying consolidated statements of income