INCOME TAXES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
For the years ended December 31, 2018, 2017 and 2016, components of our provision for income taxes are as follows:
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Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
The following is a reconciliation of income taxes computed using the U.S. federal statutory rate to the provision for income taxes:
(1) The enactment of the Tax Cuts and Jobs Act provided for a decrease in the corporate tax rate to 21% from 35%, resulting in a net $6.95 million reduction to our net deferred tax asset as of December 31, 2017. |
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Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
The net deferred taxes consisted of the following at December 31, 2018 and 2017:
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