Note 12 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

12. Commitments and Contingencies

Operating Lease Commitments:

The Company leases its facilities under non-cancelable operating leases expiring on various dates through

January

1,

2024.

The following summarizes future minimum lease payments required under non-cancelable operating lease agreements:

	Future Minimum
Years Ending December 31,	Lease Payments
2017	$	1,033,000
2018		686,000
2019		596,000
2020		450,000
2021		450,000
Thereafter		900,000
	$	4,115,000

Total rent expense under operating leases for the years ended

December

31,

2016

and

2015

was

$1,031,000

and

$1,036,000,

respectively.

Legal Proceedings:

The Company is subject to various pending and threatened litigation actions in the ordinary course of business. Although it is not possible to determine with certainty at this point in time what liability, if any, the Company will have as a result of such litigation, based on consultation with legal counsel, management does not anticipate that the ultimate liability, if any, resulting from such litigation will have a material effect on the Company’s financial condition and results of operations

.