| Significant Accounting Policies [Text Block] | NOTE 2. Basis of Presentation The accompanying interim consolidated financial statements are unaudited. These unaudited interim consolidated financial statements have been prepared in accordance with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not December 31, 2019 not 10 December 31, 2019. March 31, 2020 three March 31, 2020 2019. Use of Estimates In accordance with GAAP, the preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. On an ongoing basis, management evaluates its estimates and judgments, including, among other items, those related to fair value of investments, revenue recognition, accrued expenses, financing operations, fair value of goodwill, fixed asset lives and impairment, lease right-of-use assets and impairment, deferred tax assets, liabilities and valuation allowance, other assets, the present value of lease liabilities, and contingencies and litigation. Management bases its estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not may Concentration of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist of cash, cash equivalents, accounts receivable, and notes receivable. The Company places its cash with high-quality financial institutions and, at times, may Cash and Cash Equivalents For purposes of the statements of cash flows, the Company defines cash equivalents as all highly liquid instruments purchased with a maturity of three Investments The Company holds various investments through its asset management operations and real estate operations segments. Additionally, investments may not not 5 As of March 31, 2020 December 31, 2019, not Accounts Receivable The Company grants credit in the form of unsecured accounts receivable to its customers. The estimate of the allowance for doubtful accounts, which is the recorded allowance for doubtful accounts and bad debt expense, is based on management’s assessment of current economic conditions and historical collection experience with each customer. Specific customer receivables are considered past due when they are outstanding beyond their contractual terms and are written off from the allowance for doubtful accounts when an account or invoice is individually determined to be uncollectible. Real estate operations segment rental accounts are typically paid by tenants via cash or check no fifth fifth not 90 The internet operations segment attempts to reduce the risk of non-collection by including a late-payment fee and a manual-processing-payment fee to customer accounts. Receivables more than 90 no 30 As of March 31, 2020 December 31, 2019, $615 $307, March 31, 2020 2019, $405 $5,863, Property and Equipment Property and equipment are recorded at cost. Expenditures for maintenance and repairs are charged to operations as incurred, while renewals and betterments are capitalized. Gains and losses on disposals are included in the results of operations. Depreciation is computed using the straight-line method based on the estimated useful lives for each of the following asset classifications: Furniture and fixtures (in years) 5 Equipment (in years) 7 Building improvements (in years) 15 Buildings (in years) 27.5 Property and equipment are analyzed for impairment whenever events or changes in circumstances indicate that the related carrying amounts may not The Company evaluates at each balance sheet date whether events and circumstances have occurred that indicate possible impairment. If there are indications of impairment, then the Company uses estimated future undiscounted cash flows of the related asset or asset grouping over the remaining life in measuring whether the assets are recoverable. In the event such cash flows are not Goodwill and Other Intangible Assets Goodwill is the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations accounted for under the acquisition method of accounting. The Company tests its goodwill annually as of December 31st not No March 31, 2020. Impairment testing of goodwill is required at the reporting-unit level (operating segment or one may Intangible assets (other than goodwill) consist of domain names attributed to the internet operations segment. The Company owns 228 106 not Real Estate Real estate properties held for resale are carried at the lower of cost or fair value. All costs directly related to the improvement and carrying of real estate are capitalized, including renovations and property taxes, to the extent the capitalized costs of the property do not may not No March 31, 2020. Real estate properties held for investment are carried at the cost basis plus additional costs where the cost extended the life of or added value to the property. Otherwise, the cost is expensed as incurred. Properties categorized as real estate held for investment are not 12 During the quarterly period ended March 31, 2020, $43,917 Accrued Compensation Accrued compensation represents performance-based incentives that have not 2020 Other Accrued Expenses Other accrued expenses represent incurred but not Leases On January 1, 2019, No. 2016 02, 842 No. 2016 02 840 842. No. 2016 02 No. 2016 02 December 15, 2018, ● the Company did not ● the Company did not ● the Company did not Additionally, the Company made ongoing accounting policy elections whereby it (i) does not 12 Upon adoption of the new guidance on January 1, 2019, $184,000 $186,000, no Revenue Recognition Asset Management Operations and Other Investment Revenue The Company earns revenue from investments through various fee share and consulting agreements, as well as through realized and unrealized gains and losses, which may Management notes that the structure of these arrangements leaves a very low possibility for nonperformance. While the amount of revenue varies from month to month, collectability is very high. No Additionally, the Company earns revenue from direct participation in various private investment funds, primarily the Alluvial Fund. This results in the realized and unrealized gains and losses within a fund such as the Alluvial Fund being recognized as revenue, or a decrease in revenue, on the accompanying unaudited condensed consolidated statements of operations. A summary of revenue earned through asset management operations for the quarterly periods ended March 31, 2020 2019 Asset Management Operations Revenue Quarter Ended March 31, 2020 Quarter Ended March 31, 2019 Realized and unrealized gains (losses) on investment activity $ (1,784,406 ) $ 655,716 Management and performance fee revenue 15,252 15,009 Fund management services revenue 24,000 26,255 Total revenue $ (1,745,154 ) $ 696,980 Real Estate Revenue The Company earns real estate revenue through rental agreements on real estate held for investment, as well as through the sale of real estate held for resale. Rental revenue from real estate held for investment is recognized when it is earned, generally on the last day of each month or at another regular period agreed upon by the Company and the tenant. Tenants generally provide a security deposit at the time of possession. This deposit is held separately from revenue and only applied to revenue when rental payment comparable to the security deposit amount is not No Revenue from real estate held for resale is recognized upon closing of the sale (transfer of control), as all conditions for full revenue recognition have been met at that time. All costs associated with the property sold are removed from the consolidated balance sheets and charged to cost of revenue at that time. Internet Revenue The Company sells internet services under annual and monthly contracts. Under the annual contracts, the subscriber pays a one No The Company generates revenue in its internet operations segment from consumer and business-grade internet access, wholesale managed modem services for downstream ISPs, web hosting, third may Discontinued Revenue - Home Services Revenue Prior to the divestiture transaction on May 24, 2019, two two one If payment was received prior to contract completion, then the amount of revenue attributable to the unperformed work was designated as unearned revenue. If payment was not Management has acknowledged that these performance obligations were recognized at designated points in time during the contract, including the completion of the contract. As the customer controlled the asset and had the right to use it during the contract, the Company had the right to payment for performance completed to date. Contract liabilities (deferred revenue) were recognized in the amount of collections received in advance of services to be performed. No Deferred Revenue Deferred revenue represents collections from customers in advance of internet or home services to be performed. Revenue is recognized in the period service is provided. Total deferred revenue from continuing operations decreased from $204,960 December 31, 2019 $201,430 March 31, 2020. March 31, 2020 2019, [$3,968] [$2,134], Income Taxes Income taxes are accounted for under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax benefits or consequences of events that have been included in the consolidated financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not three December 31, 2019, December 31, 2018, December 31, 2017, Income (Loss) Per Share Basic income (loss) per share is computed by dividing net loss available to common stockholders by the weighted average number of shares of common stock outstanding during the period. In periods of net loss, diluted loss per share is calculated similarly to basic loss per share because the impact of all potentially dilutive common shares is anti-dilutive. In periods of net income, diluted earnings per share is computed using the more dilutive of the “two class method” or the “treasury method.” Dilutive earnings per share under the “two class method” is calculated by dividing net income available to common stockholders as adjusted for the participating securities, by the weighted-average number of shares outstanding plus the dilutive impact of all other potentially dilutive common shares, consisting primarily of common shares underlying common stock equity incentives. Dilutive earnings per share under the “treasury method” are calculated by dividing net income available to common stockholders by the weighted-average number of shares outstanding plus the dilutive impact of all potentially dilutive common shares, consisting primarily of common shares underlying common stock equity incentives. None March 31, 2020. No March 31, 2019. The number of anti-dilutive shares for the quarterly period ended March 31, 2020, 668. Recently Issued Accounting Pronouncements In August 2018, No. 2018 13, 820 December 15, 2019. not In June 2016, No. 2016 13, 326 April 2019, May 2019, November 2019, December 15, 2022, December 15, 2018, may January 1, 2023. not The Company does not not |
