Note 3 - Investments

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

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

3.

       

Investments

As of

December 31, 2018

and

2017,

investments totaled

$258,000

and

$343,000,

respectively, which consisted of marketable securities. Certain marketable securities were sold during the year ended

December 31, 2018.

No

marketable securities were sold during the year ended

December 31, 2017.

The total loss on marketable securities during the year ended

December 31, 2018

was

$50,000.

The loss was due to an unrealized loss of

$57,000

partially offset by a realized gain of

$7,000.

The change in unrealized loss of

$254,000

in the statements of comprehensive income is presented net of tax for the year ended

December 31, 2017.

The tax benefit on the unrealized loss was

$10,000

in

2017.