Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes Tables

Reconciliation of U.S. statutory income tax rate to company's effective tax rate

The items accounting for the difference between income taxes computed at the federal statutory rate and the provision for income taxes from continuing operations were as follows:

	2015	2014
Statutory federal income tax rate	34%	34%
State taxes, net of federal benefit	0%	0%
Permanent differences	0%	0%
Change in valuation allowance	-34%	-34%
	0%	0%

Schedule of tax effects of temporary differences that give rise to deferred tax assets and liabilities

Significant components of deferred income tax assets and liabilities are as follows:

(In thousands)		2015		2014
Net operating loss carryforwards	$	3,917	$	4,387
Other		164		299
Total, net		4,081		4,686
Valuation allowance		(4,081)		(4,686)
Deferred tax assets, net	$	-	$	-