Note 3 - Investments

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

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

3.

      Investments

As of

December

31,

2016

and

2015,

investments totaled

$607,000

and

$656,000,

respectively, which consisted of marketable securities.

The following provides information regarding the Company’s marketable securities as of

December

31,

2016

and

2015:

	December 31,
	2016			2015
Cost basis	$	543,000		$	502,000
Gain previously recognized on warrants		380,000			380,000
Loss included in accumulated other comprehensive loss		(316,000	)		(226,000	)
Fair value	$	607,000		$	656,000

No marketable securities were sold during the year ended

December

31,

2016.

The change in unrealized loss of

$56,000

and

$1,523,000

in the statements of comprehensive income (loss) are presented net of tax for the years ended

December

31,

2016

and

2015,

respectively. The tax benefit on the unrealized loss was

$34,000

and

$835,000,

in

2016

and

2015,

respectively.