Western Capital Resources (WCRS) 10-K 1 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 28, 2019	Jun. 30, 2018
Document And Entity Information
Entity Registrant Name	WESTERN CAPITAL RESOURCES, INC.
Entity Central Index Key	0001363958
Document Type	10-K
Trading Symbol	WCRS
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 11,327,000
Entity Common Stock, Shares Outstanding		9,388,677
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 16,724,983	$ 21,295,819
Short-term investments	22,394,748	32,292,902
Loans receivable (less allowance for losses of $818,000 and $833,000, respectively)	4,111,842	4,310,003
Accounts receivable (less allowance for losses of $25,000 and $16,000, respectively)	493,208	764,071
Inventory (less reserve of $670,000 and $576,000, respectively)	8,467,512	9,130,842
Prepaid income taxes	512,099
Prepaid expenses and other	2,954,794	3,762,974
Escrow and other receivables	3,312,984	3,482,770
TOTAL CURRENT ASSETS	58,972,170	75,039,381
INVESTMENTS	1,000,000	3,000,000
PROPERTY AND EQUIPMENT, net	9,945,826	11,347,234
GOODWILL	5,796,528	5,796,528
INTANGIBLE ASSETS, net	4,167,110	4,987,769
ESCROW FUNDS RECEIVABLE		3,250,000
OTHER	558,209	823,244
TOTAL ASSETS	80,439,843	104,244,156
CURRENT LIABILITIES
Accounts payable and accrued expenses	11,816,050	11,897,968
Other current liabilities	1,291,713	1,354,558
Income taxes payable		18,730,647
Note payable - short-term		51,992
Current portion capital lease obligations	51,211	47,174
Deferred revenue	1,012,772	1,073,600
TOTAL CURRENT LIABILITIES	14,171,746	33,155,939
LONG-TERM LIABILITIES
Notes payable	789,216	789,216
Capital lease obligations, net of current portion		51,172
Deferred income taxes	795,000	1,456,000
Other		98,259
TOTAL LONG-TERM LIABILITIES	1,584,216	2,394,647
TOTAL LIABILITIES	15,755,962	35,550,586
COMMITMENTS AND CONTINGENCIES (Note 21)
WESTERN SHAREHOLDERS' EQUITY
Common stock, $0.0001 par value, 12,500,000 shares authorized, 9,388,677 and 9,390,997 issued and outstanding as of December 31, 2018 and December 31, 2017, respectively.	939	939
Additional paid-in capital	29,031,741	29,031,741
Retained earnings	33,774,293	37,903,204
TOTAL WESTERN SHAREHOLDERS' EQUITY	62,806,973	66,935,884
NONCONTROLLING INTERESTS	1,876,908	1,757,686
TOTAL EQUITY	64,683,881	68,693,570
TOTAL LIABILITIES AND EQUITY	$ 80,439,843	$ 104,244,156

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Loans receivable, allowance for losses	$ 818,000	$ 833,000
Accounts receivable, allowance for losses	25,000	16,000
Inventory reserves	$ 670,000	$ 576,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	12,500,000	12,500,000
Common stock, issued	9,388,677	9,390,997
Common stock, outstanding	9,388,677	9,390,997

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
REVENUES
Total Revenues	$ 114,264,960	$ 121,520,544
COST OF REVENUES
Cost of sales	47,620,763	47,741,301
Provisions for loans receivable losses	1,241,638	1,122,144
Total Cost of Revenues	48,862,401	48,863,445
GROSS PROFIT	65,402,559	72,657,099
OPERATING EXPENSES
Salaries, wages and benefits	34,242,187	36,787,317
Occupancy	12,406,166	13,203,957
Advertising, marketing and development	7,824,393	7,376,123
Depreciation	1,899,114	1,809,525
Amortization	794,688	534,898
Other	10,818,109	10,481,630
Total Operating Expenses	67,984,657	70,193,450
OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS	(2,582,098)	2,463,649
OTHER INCOME (EXPENSES):
Dividend and interest income	631,670	242,916
Interest expense	(189,281)	(302,558)
Total Other Income (Expenses)	442,389	(59,642)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(2,139,709)	2,404,007
PROVISION FOR INCOME TAX EXPENSE (BENEFIT) FOR CONTINUING OPERATIONS	(619,000)	731,000
NET INCOME (LOSS) FROM CONTINUING OPERATIONS	(1,520,709)	1,673,007
LESS NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO NONCONTROLLING INTEREST	(720,422)	(286,033)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS	(2,241,131)	1,386,974
DISCONTINUED OPERATIONS
Income from operations of discontinued operations		3,021,048
Gain on sale of discontinued operations		56,699,018
Less provision for income taxes for discontinued operations		(23,415,000)
Net income from discontinued operations		36,305,066
Less net income from discontinued operations attributable to noncontrolling interests		(12,815)
Net income from discontinued operations attributable to Western common shareholders		36,292,251
NET INCOME ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS	$ (2,241,131)	$ 37,679,225
EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS
FROM CONTINUING OPERATIONS - Basic and diluted (in dollars per share)	$ (0.24)	$ 0.15
FROM DISCONTINUED OPERATIONS - Basic and diluted (in dollars per share)		3.85
FROM CONTINUING AND DISCONTINUED OPERATIONS - Basic and diluted (in dollars per share)	$ (0.24)	$ 4
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic and diluted (in shares)	9,390,355	9,411,201
Sales and Associated Fees [Member]
REVENUES
Total Revenues	$ 88,895,105	$ 92,590,486
Financing Fees and Interest [Member]
REVENUES
Total Revenues	8,922,780	9,100,908
Other Revenue [Member]
REVENUES
Total Revenues	$ 16,447,075	$ 19,829,150

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]
BALANCE - beginning at Dec. 31, 2016	$ 30,688,502	$ 950	$ 28,997,087	$ 1,643,996	$ 46,469
BALANCE - beginning (in shares) at Dec. 31, 2016		9,497,871
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	37,978,073			37,679,225	298,848
Share based compensation	34,654		34,654
Noncontrolling interest in acquisition	1,471,653				1,471,653
Redemption of noncontrolling interests	(27,899)				(27,899)
Stock redemption	(480,928)	$ (11)		(480,917)
Stock redemption (in shares)		(106,874)
Dividends	(970,485)			(939,100)	(31,385)
BALANCE - end at Dec. 31, 2017	68,693,570	$ 939	29,031,741	37,903,204	1,757,686
BALANCE - end (in shares) at Dec. 31, 2017		9,390,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	(1,520,709)			(2,241,131)	720,422
Stock redemption	(9,697)			(9,697)
Stock redemption (in shares)		(2,320)
Dividends	(2,479,283)			(1,878,083)	(601,200)
BALANCE - end at Dec. 31, 2018	$ 64,683,881	$ 939	$ 29,031,741	$ 33,774,293	$ 1,876,908
BALANCE - end (in shares) at Dec. 31, 2018		9,388,677

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
OPERATING ACTIVITIES
Net Income (Loss) from continuing operations	$ (1,520,709)	$ 1,673,007
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation - continuing operations	1,899,114	1,809,525
Amortization - continuing operations	794,688	534,898
Share based compensation		27,924
Deferred income taxes	(661,000)	570,000
Loss on disposals	941,367	22,131
Income from investments	(121,998)
Changes in operating assets and liabilities:
Loans receivable	198,161	128,273
Accounts receivable	270,863	(67,414)
Inventory	582,282	(35,382)
Prepaid expenses and other assets	260,618	(32,425)
Accounts payable and accrued expenses	(18,812,565)	(1,418,872)
Deferred revenue and other current liabilities	(221,932)	(42,072)
Operating cash flows from discontinued operations		1,845,756
Net cash and cash equivalents (used in) provided by operating activities	(16,391,111)	5,015,349
INVESTING ACTIVITIES
Purchase of investments	(29,713,003)	(35,292,902)
Proceeds from held-to-maturity investments	41,711,012
Purchase of property and equipment - continuing operations	(960,883)	(2,616,616)
Acquisition of stores, net of cash acquired	(76,707)
Advances on note receivable, net		(513,743)
Proceeds from installment sale receivable	3,435,963
Proceeds from the disposal of property, plant and equipment	12,000	16,959
Cash received from discontinued operations		4,368,037
Investing activities of discontinued operations		48,252,690
Net cash and cash equivalents provided by investing activities	14,408,382	14,214,425
FINANCING ACTIVITIES
Payments on notes payable - short-term, net	(51,992)	(96,722)
Advances (payments) on line of credit, net		(998,426)
Payments on notes payable - long-term, continuing operations		(5,128,896)
Common stock redemption	(9,697)	(480,928)
Payments on capital lease	(47,135)	(42,816)
Payment of dividends to noncontrolling interests	(601,200)
Payment of dividends	(1,878,083)	(939,100)
Financing activities of discontinued operations		(4,407,042)
Net cash and cash equivalents used in financing activities	(2,588,107)	(12,093,930)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(4,570,836)	7,135,844
CASH AND CASH EQUIVALENTS
Beginning of year	21,295,819	14,159,975
End of year	16,724,983	21,295,819
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Income taxes paid	19,284,007	3,648,839
Interest paid	124,817	189,436
Noncash investing and financing activities:
Note receivable balance applied to acquisition of stores (Note 18)		3,433,856
Financed acquisition of stores (Notes 12 and 18)		789,216
Noncontrolling interests equity contribution in acquisition of stores (Note 18)		1,471,653
Note principal and interest paid from sales proceeds		4,343,474
Sales proceeds placed in escrow		$ 6,500,000

Basis of Presentation, Nature o

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies	1. Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies – Basis of Presentation / Nature of Business Western Capital Resources, Inc. (WCR) is a parent company owning operating subsidiaries, with percentage owned shown parenthetically, as summarized below. • Cellular Retail o PQH Wireless, Inc. (PQH) (100%) – operates 205 cellular retail stores as of December 31, 2018 (148 100% owned plus 57 through a 70% owned subsidiary), as an exclusive dealer of the Cricket brand. • Direct to Consumer o J & P Park Acquisitions, Inc. (JPPA) (100%) – an online and direct marketing distribution retailer of 1) live plants, seeds, holiday gifts and garden accessories selling its products under Park Seed, Jackson & Perkins, and Wayside Gardens brand names and 2) home improvement and restoration products operating under the Van Dyke’s Restorers brand, as well as a seed wholesaler under the Park Wholesale brand. o J & P Real Estate, LLC (JPRE) (100%) – owns real estate utilized as JPPA’s distribution and warehouse facility and the corporate offices of JPPA. • Consumer Finance o Wyoming Financial Lenders, Inc. (WFL) (100%) – owns and operates “payday” stores (40 as of December 31, 2018) in seven states (Colorado, Iowa, Kansas, Nebraska, North Dakota, Wisconsin and Wyoming) providing sub-prime short-term uncollateralized non-recourse “cash advance” or “payday” loans typically ranging from $100 to $500 with a maturity of generally two to four weeks, sub-prime short-term uncollateralized non-recourse installment loans typically ranging from $300 to $800 with a maturity of six months, check cashing and other money services to individuals. o Express Pawn, Inc. (EPI) (100%) – owns and operates retail pawn stores (three as of December 31, 2018) in Nebraska and Iowa providing collateralized non-recourse pawn loans and retail sales of merchandise obtained from forfeited pawn loans or purchased from customers. • Discontinued Operations - Franchise o AlphaGraphics, Inc. (AGI) – franchisor of domestic and international AlphaGraphics Business Centers. AGI was sold on October 3, 2017. References in these financial statement notes to “Company” or “we” refer to Western Capital Resources, Inc. and its subsidiaries. References to specific companies within our enterprise, such as” “PQH,” “JPPA,” “JPRE,” “WFL,” “EPI” or “AGI” are references only to those companies. Basis of Consolidation The consolidated financial statements include the accounts of WCR, its wholly owned subsidiaries and other entities in which the Company owns a controlling financial interest. For financial interests in which the Company owns a controlling financial interest, the Company applies the provisions of Financial Accounting Standards Board Accounting Standards Codification (“ASC”) 810, “Consolidation” applicable to reporting the equity and net income or loss attributable to noncontrolling interests. All significant intercompany balances and transactions of the Company have been eliminated in consolidation. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. Significant management estimates relate to the notes and loans receivable allowance, carrying value and impairment of long-lived goodwill and intangible assets, inventory valuation and obsolescence, estimated useful lives of property and equipment, gift certificate and merchandise credits liability and deferred taxes and tax uncertainties. Revenue Recognition On January 1, 2018, we adopted Topic 606, as further disclosed later in this Note 1. Also refer to Notes 16, “Revenue,” and 20, “Segment Information,” for additional information including the disaggregation of revenue by segment. Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers all highly liquid investments with a maturity of three months or less at the time of purchase to be cash equivalents. Fair Value of Financial Measurement In determining fair value measurements, the Company follows the provisions of ASC 820, Fair Value Measurements and Disclosures. ASC 820 defines fair value, establishes a framework for measuring fair value under GAAP, and enhances disclosures about fair value measurements. The topic provides a consistent definition of fair value focusing on an exit price, which is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The topic also prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information and establishes a three-level hierarchy for fair value measurements based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. The three level hierarchy is as follows: Level 1 - Pricing inputs are quoted prices available in active markets for identical assets or liabilities as of the measurement date. Level 2 - Pricing inputs are quoted prices for similar assets and liabilities, or inputs that are observable, either directly or indirectly, for substantially the full term through corroboration with observable market data. Level 3 - Pricing inputs are unobservable for the assets and liabilities, that is, inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. The Company’s held to maturity securities are comprised of a U.S Treasury zero coupon T-Bill and certificates of deposit. The Company’s available for sale securities consist of mutual funds held in money market mutual funds in a brokerage account, which are classified as cash equivalents. The fair value of these investments is based on quoted prices from recognized pricing services, or in the case of mutual funds, at their closing published net asset value. The Company assesses the levels of the investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Company’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. During the years 2018 and 2017, there were no transfers between levels. Receivables and Loss Allowance Cellular Retail Receivables for noncash sales are recorded when possession of products is taken by the customer or services are completed, represent claims against third parties that will be settled in cash, include unsettled credit card charges, and are included in accounts receivable. The carrying value of accounts receivables, net of the allowance for doubtful accounts, represents their estimated net realizable value. Direct to Consumer Receivables for noncash sales are recorded when orders are shipped, represent claims against third parties that will be settled in cash, include unsettled credit card charges and wholesales sales on terms, and are included in accounts receivable. The carrying value of accounts receivable, net of the allowance for doubtful accounts, represents their estimated net realizable value. The allowance for doubtful accounts is estimated based on historical collection trends, type of customer, the age of outstanding receivables and existing economic conditions. If events or changes in circumstances indicate that specific receivable balances may be impaired, further consideration is given to the collectability of those balances and the allowance is adjusted accordingly. Past due receivable balances are written-off when internal collection efforts have been unsuccessful in collecting the amount due. Consumer Finance Included in loans receivable are unpaid principal, interest and fee balances of payday, installment and pawn loans that have not reached their maturity date, and “late” payday loans that have reached maturity within the last 180 days and have remaining outstanding balances. Late payday loans generally are unpaid loans where a customer’s personal check has been deposited and the check has been returned due to non-sufficient funds in the customer’s account, a closed account, or other reasons. All returned items are charged-off after 180 days, as collections after that date have not been significant. Loans are carried at cost plus accrued interest or fees less payments made and a loans receivable allowance. The Company does not specifically reserve for any individual payday or installment loan. The Company aggregates loan types for purposes of estimating the loss allowance using a methodology that analyzes historical portfolio statistics and management’s judgment regarding recent trends noted in the portfolio. This methodology takes into account several factors, including (1) the amount of loan principal, interest and fee outstanding, (2) historical charge offs from loans that originated during the last 24 months, (3) current and expected collection patterns and (4) current economic trends. The Company utilizes a software program to assist with the tracking of its historical portfolio statistics. A loan loss allowance is maintained for anticipated losses for payday and installment loans based primarily on our historical percentages by loan type of net charge offs, applied against the applicable balance of loan principal, interest and fees outstanding. The Company also periodically performs a look-back analysis on its loan loss allowance to verify the historical allowance established tracks with the actual subsequent loan write-offs and recoveries. The Company is aware that as conditions change, it may also need to make additional allowances in future periods. Loan losses or charge-offs of pawn loans are not recorded because the value of the collateral exceeds the loan amount. Inventory Cellular Retail Inventory, consisting of phones and accessories, is stated at cost, determined on the specific identification and weighted-average cost basis, respectively. Direct to Consumer Inventory is valued at the lower of cost or market using the weighted-average method of determining cost. Consumer Finance Merchandise inventory is stated at the lower of cost or market. The principal amount of an unpaid loan becomes the inventory cost for forfeited collateral. Long-Lived Assets Property and equipment are recorded at cost less accumulated depreciation. Depreciation is provided on the straight-line method over the estimated useful lives of the related assets as follows: • Computer equipment and software 3 – 10 years • Improvements and equipment 3 – 15 years • Building 39 years The cost of maintenance and repairs is charged to operations as incurred while renewals and betterments are capitalized. The Company capitalizes certain internal costs, including payroll costs, incurred in connection with the development of software for internal use. These costs are capitalized beginning when the Company has entered the application development stage. The capitalization of these costs ceases when the software is substantially complete and ready for its intended use. Only costs incurred for enhancements that are expected to result in additional features or functionality are capitalized and expensed over the estimated useful life of the enhancements. Finite-lived intangible assets represent the fair values management assigned to assets acquired through business acquisitions, are amortized over periods of three to 15 years based on management’s estimates of the useful life of the asset and are subject to impairment evaluations. The Company assesses the possibility of impairment of long-lived assets, other than goodwill, whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Factors that could trigger an impairment review include significant underperformance relative to expected historical or projected future cash flows, significant changes in the manner of use of acquired assets or the strategy for the overall business, and significant negative industry events or trends. Goodwill Goodwill represents the excess of acquisition cost over the fair value of identifiable finite lived net assets acquired and is not amortized. Goodwill is tested for impairment annually as of October 1, or more frequently if events or changes in circumstances indicate potential impairment. The Company tests for goodwill impairment at the reporting unit level, which aligns with the Company’s segments. The Company performs a qualitative assessment to determine if a quantitative impairment test is necessary. If quantitative testing is necessary based on a qualitative assessment, we apply a fair value test. This fair value test involves a two-step process. The first step is to compare the carrying value of our net assets to our fair value. If the fair value is determined to be less than the carrying value, a second step is performed to measure the amount of the impairment, if any. Merchandise Credits and Gift Card Liabilities Direct to Consumer The Company maintains a liability for unredeemed gift cards, gift certificates and merchandise credits until the earlier of redemption, escheatment or a maximum of two years. The Company has concluded based on historical redemption trends that the likelihood of these liabilities being redeemed beyond two years from the date of issuance is remote. The liability is also reserved for estimated redemption rates which management bases on historical trends. Advertising, Marketing and Development Costs Direct to Consumer The Company expenses advertising costs as they are incurred, except for direct-response advertising, which is capitalized and amortized over its expected period of future benefits, not to exceed six months. Direct-response advertising consists primarily of catalog book production, printing, and postage costs. Prepaid advertising costs at December 31, 2018 and 2017 were $0.88 million and $0.87 million, respectively. Consumer Finance The costs of advertising and marketing are expensed as incurred. Stock-based Compensation The Company accounts for its employee stock-based compensation plans using the fair value method. The fair value method requires the Company to estimate the grant-date fair value of its stock-based awards and amortize this fair value to compensation expense over the requisite service period or vesting term. The Company uses the Black-Scholes option-pricing model to estimate the fair value of the Company’s stock option awards. The determination of the fair value of stock-based payment awards on the date of grant using an option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of complex and subjective variables. These variables include the expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behaviors, the risk-free interest rate and expected dividends. Due to the inherent limitations of option-valuation models, future events that are unpredictable and the estimation process utilized in determining the valuation of the stock-based awards, the ultimate value realized by award holders may vary significantly from the amounts expensed in the Company’s financial statements. Stock-based compensation expense is recognized net of estimated forfeitures such that expense is recognized only for those stock-based awards that are expected to vest. A forfeiture rate is estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimate. Income Taxes Deferred income taxes reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts, based on enacted tax laws and statutory tax rates applicable in the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized. The provision for income taxes represents taxes paid or payable for the current year and changes during the year in deferred tax assets and liabilities. Net Income (Loss) Per Common Share Basic net income (loss) per common share is computed by dividing the income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share gives effect to all potentially dilutive common shares outstanding during the period, including stock options, using the treasury stock method. Options to purchase 65,000 shares granted under the 2015 Stock Incentive Plan effective February 6, 2015 (see Note 14) were outstanding at December 31, 2018. These options have a strike price in excess of the market price as of December 31, 2018 and 2017, were antidilutive and therefore not included in the computation of diluted earnings per share. Thus, there were no dilutive common shares as of December 31, 2018 and 2017. Fair Value of Financial Instruments The amounts reported in the balance sheets for cash, short-term investments, accounts and loans receivable, inventory, and accounts payable are short-term in nature and their carrying values approximate fair values. The amounts reported in the balance sheets for notes payable are both long-term and short-term and for investments are long-term and their carrying value approximates fair value. Reclassifications and Discontinued Operations Certain Balance Sheet, Statement of Operations and Statement of Cash Flows reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the year ended December 31, 2018. In accordance with ASC 205-20-45-6 interest on debt required to be paid as a result of our Franchise segment disposal transaction has been allocated to discontinued operations and in accordance with ASC 205-20-45-9 general corporate overhead has not been allocated to discontinued operations. These re-allocations and related income tax have been made in the presentation of our prior financial statements and accompanying notes. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), a comprehensive new revenue recognition standard. The core principle of the new standard is for companies to recognize revenue in a manner that depicts the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. The standard requires enhanced disclosures about revenue, including revenue recognition policies to identify performance obligations to customers and significant judgments in measurement and recognition. We adopted the new revenue guidance effective January 1, 2018 using the cumulative effect method, and did not have an adjustment to retained earnings upon adoption. The adoption of Topic 606 did not have a material impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), related to recognition of lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new guidance, lessees will be required to recognize the following for all leases: (1) a lease liability, which is the present value of a lessee's obligation to make lease payments, and (2) a right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. All entities will classify leases to determine how to recognize lease-related revenue and expense. Quantitative and qualitative disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The intention is to require enough information to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity's leasing activities. All entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The ASU is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that annual period, with early adoption permitted. As the Company expects to elect the transition option provided in ASU 2018-11 (see below), the modified retrospective approach will be applied on January 1, 2019. The Company also expects to elect the package of practical expedients relief option offered in ASU 2016-02, the accounting policy allowing lessees not to separate lease and nonlease components and the hindsight practical expedient, which allows entities to reassess their assumptions used when determining lease term and impairment of right-of-use assets. The Company has facility lease agreements which are currently being accounted for as operating leases and therefore not being recognized on the Company's consolidated balance sheets. The new guidance will require these lease agreements to be recognized on the consolidated balance sheets as a right-of-use asset and a corresponding lease liability. The Company's preliminary evaluation indicates the provisions of ASU 2016-02 are expected to impact the Company's consolidated balance sheet. However, the Company does not expect the new guidance to have a material impact on the Company's consolidated statements of operations. The Company completed a complete inventory of arrangements containing a lease and accumulating the lease data necessary to apply the amended guidance. The current estimated impact of implementing this ASU at January 1, 2019 is an increase in right-of-use assets and associated lease liabilities of approximately $11.23 million and $11.23 million, respectively, on our consolidated balance sheet. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), related to the measurement of credit losses on financial instruments. The standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The ASU is effective for annual reporting periods beginning after December 15, 2018 and interim periods within that annual period, with early adoption permitted and the standard to be applied using a modified retrospective approach. The Company is currently evaluating the impact the ASU will have on our financial condition, results of operations and consolidated financial statements. In July 2018, the FASB issued ASU 2018-11, Leases - Targeted Improvements (Topic 842) to provide entities with relief from the costs of implementing certain aspects of the new leasing standard, ASU 2016-02. Specifically, under the amendments in ASU 2018-11: (1) entities may elect not to recast the comparative periods presented when transitioning to the new leasing standard, and (2) lessors may elect to not separate non-lease components from leases when certain conditions are met. The amendments have the same effective date as ASU 2016-02 (January 1, 2019 for the Company). The Company expects to elect the first option and to not recast the comparative periods presented. No other new accounting pronouncements issued or effective during the fiscal year have had or are expected to have a material impact on the consolidated financial statements.

Risks Inherent in the Operating

Risks Inherent in the Operating Environment	12 Months Ended
	Dec. 31, 2018
Risks and Uncertainties [Abstract]
Risks Inherent in the Operating Environment	2. Risks Inherent in the Operating Environment – Regulatory The Company’s Consumer Finance segment activities are highly regulated under numerous federal, state, and local laws, regulations and rules, which are subject to change. New laws, regulations or rules could be enacted or issued, interpretations of existing laws, regulations or rules may change and enforcement action by regulatory agencies may intensify. Over the past several years, consumer advocacy groups and certain media reports have advocated governmental and regulatory action to prohibit or severely restrict sub-prime lending activities of the kind conducted by the Company. After several years of research, debate, and public hearings, in October 2017 the U.S. Consumer Financial Protection Bureau (CFPB) adopted a new rule for payday lending. The rule, originally scheduled to go into effect in August 2019, would impose significant restrictions on the industry, and it is expected that a large number of lenders would be forced to close their stores. The CFPB’s studies projected a reduction in the number of lenders by 50%, while industry studies forecast a much higher attrition rate if the rule is implemented as originally adopted. However, in January 2018, the CFPB issued a statement that it intends to “reconsider” the regulation. The most current information from the CFPB website states the proposals it is considering includes rescinding the mandatory underwriting provisions contained in the rule and to delay the August 19, 2019 compliance date for the other provisions to November 19, 2020. At this time it is uncertain whether the rule will be implemented as announced, rewritten with more favorable terms for the industry, or thrown out altogether. If the rule is implemented as written, it could have a significant and negative impact on business conducted within our Consumer Finance segment. The above rule or any other adverse change in present federal, state, or local laws or regulations that govern or otherwise affect lending could result in the Consumer Finance segment’s curtailment or cessation of operations in certain or all jurisdictions or locations. Furthermore, any failure to comply with any applicable local, state or federal laws or regulations could result in fines, litigation, closure of one or more store locations or negative publicity. Any such change or failure would have a corresponding impact on the Company’s and segment’s results of operations and financial condition, primarily through a decrease in revenues resulting from the cessation or curtailment of operations, or a decrease in operating income through increased legal expenditures or fines, and could also negatively affect the Company’s general business prospects due to lost or decreased operating income or if negative publicity effects its ability to obtain additional financing as needed. In addition, the passage of federal, state or local laws and regulations or changes in interpretations of them could, at any point, essentially prohibit the Consumer Finance segment from conducting its lending business in its current form. Any such legal or regulatory change would certainly have a material and adverse effect on the Company, its operating results, financial condition and prospects, and perhaps even the viability of the Consumer Finance segment. Concentrations The Company has demand deposits at financial institutions, often times in excess of the limit for insurance by the Federal Deposit Insurance Corporation. As of December 31, 2018, the Company had demand deposits in excess of insurance amounts of approximately $7.32 million. Loans receivable in the Consumer Finance segment are concentrated in the sub-prime market and geographically, primarily in the Midwest. For the years ended December 31, 2018 and 2017, the Consumer Finance segment had geographic economic and regulatory risk concentrations (shown as a percentage of the Consumer Finance segment’s revenue by state when 10% or more) as follows: Consumer Finance Segment 2018 % of 2017 % of Nebraska 36 % 37 % North Dakota 23 % 23 % Iowa 17 % 16 % Wyoming 14 % 13 % The Company’s Cellular Retail segment is an exclusive dealer for Cricket. As a dealer operating exclusively for a single carrier, the Company is subject to a number of concentrations, including revenues from a single brand, a single supplier for phones, a single operating system provider and select third party processors. Our Direct to Consumer subsidiary JPPA has an agreement with a third party wholesale grower that is in effect until 2019. The grower has agreed to perform research for JPPA and maintain JPPA's research crop in exchange for a reduction in royalties to be paid to JPPA for growing JPPA's patented roses. There is an option to renew the agreement for consecutive two-year terms and the agreement calls for a 24-month notice prior to termination.

Cash Equivalents and Investment

Cash Equivalents and Investments	12 Months Ended
	Dec. 31, 2018
Cash and Cash Equivalents [Abstract]
Cash Equivalents and Investments	3. Cash Equivalents and Investments – The following table shows the Company’s cash equivalents and held-to-maturity investments, by significant investment category, recorded as cash equivalents or short- and long-term investments as of December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Cash and cash equivalents Operating accounts $ 10,901,929 $ 10,524,923 Certificates of deposit - 750,000 Money Market – U.S. Treasury obligations 2,808,576 10,020,896 U.S. Treasury obligations 3,014,478 - Subtotal 16,724,983 21,295,819 Held to Maturity Investments Certificates of deposit (4 – 15 month maturities, FDIC insured) $ 12,711,069 $ 13,250,000 T-Bill, 0.75000%, 2/15/19 9,098,041 - T-Bill Zero CPN 3/25/19 1,585,638 - T-Bill Zero CPN 04/05/2018 - 22,042,902 Subtotal 23,394,748 35,292,902 TOTAL $ 40,119,731 $ 56,588,721 Interest income recognized on held-to-maturity investments and other sources was $487,944 and $143,726, respectively for the year ended December 31, 2018 and $75,092 and $167,824, respectively for the year ended December 31,2017.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Loans Receivable	4. Loans Receivable – At December 31, 2018 and December 31, 2017, the Consumer Finance segment’s outstanding loans receivable aging was as follows: December 31, 2018 Payday Installment Pawn Total Current $ 3,314,182 $ 254,255 $ 321,447 $ 3,889,884 1-30 224,091 41,596 - 265,687 31-60 199,259 30,285 - 229,544 61-90 153,449 15,189 - 168,638 91-120 131,480 9,001 - 140,481 121-150 125,074 4,311 - 129,385 151-180 101,619 4,604 - 106,223 4,249,154 359,241 321,447 4,929,842 Less Allowance (770,000 ) (48,000 ) - (818,000 ) $ 3,479,154 $ 311,241 $ 321,447 $ 4,111,842 December 31, 2017 Payday Installment Pawn Total Current $ 3,550,077 $ 271,926 $ 318,361 $ 4,140,364 1-30 216,376 47,356 - 263,732 31-60 187,916 27,766 - 215,682 61-90 150,278 17,976 - 168,254 91-120 110,943 11,870 - 122,813 121-150 131,171 4,748 - 135,919 151-180 93,222 3,017 - 96,239 4,439,983 384,659 318,361 5,143,003 Less Allowance (745,000 ) (88,000 ) - (833,000 ) $ 3,694,983 $ 296,659 $ 318,361 $ 4,310,003

Loans Receivable Allowance

Loans Receivable Allowance	12 Months Ended
	Dec. 31, 2018
Provision for Loan and Lease Losses [Abstract]
Loans Receivable Allowance	5. Loans Receivable Allowance – As a result of the Consumer Finance segment’s collection efforts, it historically writes off approximately 42% of returned payday items, the most significant element making up loans receivable. Based on days past the check return date, write-offs of payday returned items historically have tracked at the following approximate percentages: 1 to 30 days – 42%; 31 to 60 days – 66%; 61 to 90 days – 84%; 91 to 120 days – 89%; and 121 to 150 – 92% and 151+ days – 93%. A rollforward of the Company’s loans receivable allowance for the year ended December 31, 2018 and 2017 is as follows: Year Ended 2018 2017 Loans receivable allowance, beginning of year $ 833,000 $ 1,036,000 Provision for loan losses charged to expense 1,241,638 1,122,144 Charge-offs, net (1,256,638 ) (1,325,144 ) Loans receivable allowance, end of year $ 818,000 $ 833,000

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Accounts Receivable	6. Accounts Receivable – A breakdown of accounts receivables for continuing operations by segment are as follows: December 31, 2018 Cellular Direct to Consumer Total Accounts receivable $ 130,251 $ 372,076 $ 15,881 $ 518,208 Less allowance - (25,000 ) - (25,000 ) Net account receivable $ 130,251 $ 347,076 $ 15,881 $ 493,208 December 31, 2017 Cellular Direct to Consumer Total Accounts receivable $ 399,459 $ 365,476 $ 15,136 $ 780,071 Less allowance - (16,000 ) - (16,000 ) Net account receivable $ 399,459 $ 349,476 $ 15,136 $ 764,071 A portion of accounts receivable are unsettled credit card sales from the prior one to five business days. This makes up 57% and 72% of the net accounts receivable balance at December 31, 2018 and December 31, 2017, respectively.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Inventory	7. Inventory – Inventories consist of: December 31, 2018 December 31, 2017 Finished Goods Cellular Retail $ 5,456,898 $ 5,723,932 Direct to Consumer 2,848,484 3,128,052 Consumer Finance 832,130 854,858 Reserve (670,000 ) (576,000 ) TOTAL $ 8,467,512 $ 9,130,842 As a result of changes in the market for certain Company products and the resulting deteriorating value, carrying amounts for those inventories were reduced by approximately $670,000 and $576,000 during the year ended December 31, 2018 and 2017, respectively. These inventory write-downs have been reflected in cost of goods sold in the statement of operations. Management believes that these reductions properly reflect inventory at lower of cost or market, and no additional losses will be incurred upon disposition.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment	8. Property and Equipment – A rollforward of the Company’s property and equipment is as follows: December 31, 2017 Acquisitions Additions Deletions December 31, 2018 Property, equipment and sales floor $ 8,706,997 $ 30,000 $ 693,448 $ (1,248,124 ) $ 8,182,321 Software 1,634,489 - 102,180 - 1,736,669 Building - owned 5,292,753 - 165,255 - 5,458,008 Land 1,200,000 - - - 1,200,000 Other 39,294 - - (39,294 ) - 16,873,533 30,000 960,883 (1,287,418 ) 16,576,998 Accumulated depreciation (5,526,299 ) - (1,899,114 ) 794,241 (6,631,172 ) $ 11,347,234 $ 30,000 $ (938,231 ) $ (493,177 ) $ 9,945,826 December 31, 2016 Acquisitions Additions Deletions December 31, 2017 Property, equipment and sales floor $ 5,666,175 $ 1,170,000 $ 2,221,332 $ (350,510 ) $ 8,706,997 Software 1,424,768 - 209,721 - 1,634,489 Building (owned) 5,107,190 - 185,563 - 5,292,753 Land 1,200,000 - - - 1,200,000 Other 39,294 - - - 39,294 13,437,427 1,170,000 2,616,616 (350,510 ) 16,873,533 Accumulated depreciation (4,028,193 ) - (1,809,525 ) 311,419 (5,526,299 ) $ 9,409,234 $ 1,170,000 $ 807,091 $ (39,091 ) $ 11,347,234

Goodwill and Long-Lived Assets

Goodwill and Long-Lived Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Long-Lived Assets	9. Goodwill and Long-Lived Assets – During the fourth quarter of 2018, the Company completed the annual impairment assessments for goodwill and long-lived assets, determining there was no impairment. The changes in the carrying amount of goodwill for the year ended December 31, 2018, are as follows: Cellular Retail Direct to Consumer Total Balance at December 31, 2016 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses 5,765,284 31,244 - 5,796,528 2017 Activity: Goodwill acquired during year - - - - Impairment losses - - - - Balance at December 31, 2017 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses 5,765,284 31,244 - $ 5,796,528 2018 Activity: Goodwill acquired during year - - - - Impairment losses - - - - Balance at December 31, 2018 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses $ 5,765,284 $ 31,244 $ - $ 5,796,528 A rollforward of the Company’s intangible assets is as follows: December 31, 2017 Acquisitions Additions Deletions December 31, 2018 Customer relationships $ 10,381,426 $ 46,707 $ - $ (285,600 ) $ 10,142,533 Other 227,000 - - - 227,000 Amortizable Intangible assets 10,608,426 46,707 - (285,600 ) 10,369,533 Less accumulated amortization (5,620,657 ) - (794,688 ) 212,922 (6,202,423 ) Net Amortizable Intangible Assets 4,987,769 46,707 (794,688 ) (72,678 ) 4,167,110 Non-amortizable trademarks - - - - - Intangible Assets, net $ 4,987,769 $ 46,707 $ (794,688 ) $ (72,678 ) $ 4,167,110 December 31, 2016 Acquisitions Additions Deletions December 31, 2017 Customer relationships $ 6,154,318 $ 4,227,108 $ - $ - $ 10,381,426 Other 227,000 - - - 227,000 Amortizable Intangible assets 6,381,318 4,227,108 - - 10,608,426 Less accumulated amortization (5,085,759 ) - (534,898 ) - (5,620,657 ) Net Amortizable Intangible Assets 1,295,559 4,227,108 (534,898 ) - 4,987,769 Non-amortizable trademarks - - - - - Intangible Assets, net $ 1,295,559 $ 4,227,108 $ (534,898 ) $ - $ 4,987,769 As of December 31, 2018, estimated future amortization expense for the amortizable intangible assets is as follows: 2019 $ 687,155 2020 597,489 2021 528,113 2022 489,214 2023 481,550 Thereafter 1,383,589 $ 4,167,110

Deferred Revenue and Other Liab

Deferred Revenue and Other Liabilities	12 Months Ended
	Dec. 31, 2018
Deferred Revenue Disclosure [Abstract]
Deferred Revenue and Other Liabilities	10. Deferred Revenue and Other Liabilities – Deferred revenue and other liabilities consisted of the following: For the Year Ended December 31, 2018 2017 Deferred financing fees $ 218,729 $ 239,699 Merchandise credits and gift card liability 794,043 833,901 Total $ 1,012,772 $ 1,073,600

Leases

Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Leases	11. Leases The Company leases retail and office facilities under operating leases with terms ranging from month to month to six years, with rights to extend for additional periods. Rent expense, inclusive of base rents and common area maintenance obligations, insurance and real estate tax reimbursements, on all operations was approximately $9,505,000 and $10,100,000 in 2018 and 2017, respectively. Future minimum lease payments under non-cancelable operating leases as of December 31, 2018 (in thousands) are approximately as follows: Year Ending December 31, Operating Leases 2019 $ 5,896 2020 3,878 2021 2,259 2022 917 2023 290 Thereafter 33 Total minimum lease payments $ 13,273

Notes Payable - Long Term

Notes Payable - Long Term	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Notes Payable - Long Term	12. Notes Payable – Long Term – The Company’s long-term debt is as follows: December 31, 2018 2017 Subsidiary subordinated note pa yab le to seller with monthly interest only payments at 6%, guaranteed by PQH , maturing August 5 22 the . 789,216 789,216 Total 789,216 789,216 Less current maturities - - $ 789,216 $ 789,216 Future minimum long-term principal payments as of December 31, 2018 are as follows: Year Ending December 31, Amount 2019 - 2020 - 2021 - 2022 789,216 Thereafter - $ 789,216 The Company is party to a Credit Agreement with a financial institution entered into on April 22, 2016 and subject to subsequent amendments. The Credit Agreement provides the Company with a revolving line of credit facility in an aggregate amount up to $3,000,000, with a maturity date of April 21, 2020 and an acquisition loan facility in an aggregate amount of up to $9,000,000, with a maturity date of April 21, 2020. The revolver and the acquisition loan facility bear interest at a floating per annum rate equal to one-month LIBOR plus 3.50%, adjusted on a monthly basis. Funds advanced under the acquisition loan facility mature five years from the date of advance. At December 31, 2018, the entire $12,000,000 of credit was available under the credit facilities. See Note 21 for additional terms and conditions related to the Credit Agreement.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes – The Company’s provision for income tax expense (benefit) from continuing operations is as follows: For the Year Ended December 31, 2018 2017 Current: Federal $ - $ 390,000 State 42,000 (54,000 ) 42,000 336,000 Deferred: Federal (574,000 ) 331,000 State (87,000 ) 64,000 (661,000 ) 395,000 $ (619,000 ) $ 731,000 Deferred income tax assets (liabilities) are summarized as follows: For the Year Ended December 31, 2018 2017 Allowance for accounts and loans receivable $ 216,000 $ 220,000 Inventory capitalization 57,000 64,000 Inventory reserve 136,000 122,000 Accrued expenses 116,000 115,000 Net operating loss carryforward 135,000 - Prepaid expense (243,000 ) (220,000 ) Property and equipment (686,000 ) (730,000 ) Goodwill and intangible assets 259,000 565,000 Installment sale proceeds receivable (785,000 ) (1,592,000 ) Net deferred income tax asset (liability) $ (795,000 ) $ (1,456,000 ) Reconciliations from the statutory federal income tax rate to the effective income tax rate for continuing operations are as follows: For the Year Ended December 31, 2018 2017 Income tax expense (benefit) using the statutory federal rate $ (449,000 ) $ 817,000 State income taxes, net of federal benefit (55,000 ) (36,000 ) Non-deductible meal and entertainment 9,000 11,000 Noncontrolling interest’s pass through income (163,000 ) (91,000 ) Tax Reform Act - 25,000 Share based compensation - 9,000 Other 39,000 (4,000 ) Income tax expense (benefit) $ (619,000 ) $ 731,000 As of December 31, 2018, the Company generated federal net operating loss (“NOLs”) of approximately $500,000. Pursuant to the Tax Cuts and Jobs Act of 2017 the current year federal NOL carryover does not expire. The Tax Cut and Jobs Act of 2017 (the "Tax Reform Act") was enacted on December 22, 2017. This legislation makes significant changes in U.S. tax law including a reduction in corporate tax rates, changes to net operating loss carryforwards and carrybacks and a repeal of the corporate alternative minimum tax. The legislation replaced the U.S. corporate tax rate schedule with a 21% flat tax. The other provisions of the Tax Reform Act did not have a material impact on the 2017 consolidated financial statements. The Company remeasured its U.S. deferred income tax assets and liabilities balances using the new enacted tax rate with the income tax expense impact recognized in continuing operation in 2017. In addition to the reduction in corporate tax rate, the legislation impacts the utilization of net operating losses and limitation on entertainment expenses deduction. It is the Company’s practice to recognize penalties and/or interest related to income tax matters in interest and penalties expense. As of December 31, 2018 and 2017, the Company had an immaterial amount of accrued interest and penalties. The Company is subject to income taxes in the U.S. federal jurisdiction and various states and local jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Company and recognize a tax liability (or asset) if the Company has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Company and has concluded that as of December 31, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The Company is subject to routine audits by taxing jurisdictions. Currently the Company has no federal or state audits in progress. Management believes the Company is no longer subject to income tax examinations for years prior to 2015 for all entities with the exception of one subsidiary, which management believes is no longer subject to income tax examinations for years prior to 2014.

Equity

Equity	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Equity	14. Equity – WCR 2015 Stock Incentive Plan On February 2, 2008, the Board of Directors of the Company approved and adopted the Company’s 2008 Stock Incentive Plan, pursuant to which an aggregate of 100,000 shares of common stock have been reserved for issuance. Effective February 6, 2015, the Board of Directors terminated the 2008 Stock Incentive Plan and adopted the Company’s new 2015 Stock Incentive Plan. There were no incentives issued or outstanding under the terminated plan. As of December 31, 2018 65,000 options had been granted under the 2015 plan. The Board of Directors, or a committee of the board, administers the 2015 Stock Incentive Plan and has complete authority to award incentives, to interpret the plan and to make any other determination which it believes necessary and advisable for the proper administration of the plan. A total of 100,000 shares of common stock were reserved in connection with the adoption of the 2015 Stock Incentive Plan. The 2015 Stock Incentive plan permits the granting of incentives in any one or a combination of the following forms: • stock options, including options intended to qualify under Section 422 of the Internal Revenue Code of 1986, as amended, as “qualified” or “incentive” stock options; • stock appreciation rights (often referred to as “SARs”) payable in shares of common stock; • restricted stock and restricted stock units; • performance awards of cash, stock or property; and • stock awards. The following table summarizes nonvested stock option awards outstanding at December 31, 2018 and the changes for the year then ended: Number of Weighted- Weighted-Average in years Aggregate Outstanding and nonvested at December 31, 2017 - $ - $ - Granted - - - Vested - - - Forfeited - - - Outstanding and nonvested at December 31, 2018 - $ - $ - Exercisable at December 31, 2018 65,000 $ 6.00 $ - The vested options were granted on February 9, 2015 and have a contract life of ten years. The strike price of outstanding vested options exceeded the share value at December 31, 2018 and thus there was no intrinsic value in outstanding vested options at December 31, 2018. As of December 31, 2018, there was no unrecognized stock-based compensation expense. Noncontrolling Interests The subsidiary PQH owns 70% of its subsidiary PQH South LLC. For financial interests in which the Company owns a controlling financial interest, the Company applies the provisions of ASC 810, which are applicable to reporting the equity and net income or loss attributable to noncontrolling interests.

Dividends

Dividends	12 Months Ended
	Dec. 31, 2018
Dividends, Common Stock [Abstract]
Dividends	15. Dividends – Our Board of Directors declared the following dividends payable in 2018: Date Declared Record Date Dividend Per Share Payment Date Dividend Paid January 18, 2018 February 9, 2018 $ 0.05 February 14, 2018 $ 469,550 May 2, 2018 May 17, 2018 $ 0.05 May 24, 2018 $ 469,550 July 27, 2018 August 19, 2018 $ 0.05 August 26, 2018 $ 469,550 November 9, 2018 December 4, 2018 $ 0.05 December 14, 2018 $ 469,433

Revenue

Revenue	12 Months Ended
	Dec. 31, 2018
Revenue
Revenue	16. Revenue – Our contracts with customers primarily consist of sales of merchandise and services at the point of sale (“POS”) and short-term lending agreements. Revenue within the Cellular Retail segment also includes ancillary back-end compensation from Cricket Wireless. Total net sales of merchandise, which exclude sales taxes, are generally recorded as follows: • Cellular Retail – net sales reflects the transaction price at point of sale when payment is received and the customer takes control of the merchandise. The sale and activation of a wireless device also correlates to the recording of back-end compensation from Cricket Wireless. Sales returns are generally not material to our financial statements. • Direct to Consumer – net sales reflects the transaction price when product is shipped to customers, FOB shipping point, reduced by variable consideration. Shipping and handling fees when charged to customers are also included in total net sales. Variable consideration is comprise of estimated future returns and merchandise credits which estimated based primarily on historical rates and sales levels. • Consumer Finance - net sales reflects the transaction price at point of sale when payment in full is received and the customer takes control of the merchandise. Sales returns are generally not material to our financial statements. Services revenue is generally recorded at point of sale when payment is received and the customer receives the benefit of the service. Other compensation from Cricket Wireless is recorded at the time certain Cricket Wireless Customers make a service payment, as reported to us by Cricket Wireless. Consumer Finance loan fees and interest on cash advance loans are recognized on a constant-yield basis ratably over a loan’s term. Installment loan fees and interest are recognized using the interest method, except that installment loan origination fees are recognized as they become non-refundable and installment loan maintenance fees are recognized when earned. The Company recognizes fees on pawn loans on a constant-yield basis ratably over the loans’ terms, less an estimated amount for expected forfeited pawn loans which is based primarily on historical forfeiture rates.

Other Operating Expenses

Other Operating Expenses	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
Other Operating Expenses	17. Other Operating Expenses - A breakout of other operating expenses is as follows: For the Year Ended December 31, 2018 2017 Bank fees $ 1,915,795 $ 2,057,187 Collection costs 331,712 367,039 Insurance 867,204 884,477 Management and advisory fees 794,800 741,624 Professional and consulting fees 1,935,561 2,354,455 Supplies 702,371 1,339,756 Disposal loss on closed/sold locations 1,731,893 - Other 2,538,773 2,737,092 $ 10,818,109 $ 10,481,630

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2018
Business Combination, Description [Abstract]
Acquisitions	18. Acquisitions – Cellular Retail Growth In 2016, PQH entered into an agreement with another authorized Cricket dealer to acquire 20 Cricket retail locations, with an option to purchase an additional 33 locations. The aggregate purchase price for all 53 locations was approximately $6,000,000, subject to reduction in the event that the seller exercised an option to retain a 30% ownership in the acquired business. From November 22, 2016 through June 30, 2017, PQH operated the store locations under a management agreement. Effective July 1, 2017, we consummated the acquisition transaction by acquiring a 70% interest in all 53 locations through a subsidiary of PQH, and the seller, upon exercising its option to retain a 30% ownership interest in the acquired business, contributed its interest to the subsidiary. The final purchase price for 100% of the equity was $5.7 million. As a result, PQH owns 70% of the newly formed subsidiary and the seller owns the remaining 30% of that subsidiary. Under the purchase method of accounting, the assets acquired and liabilities assumed were recorded at their estimated fair values as of the purchase date as follows: July 1, 2017 Inventory $ 217,000 Property and equipment 1,170,000 Intangible assets 4,227,000 Other assets 103,000 Liability assumed (22,000 ) $ 5,695,000

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	19. Discontinued Operations – On October 2, 2017, the Company entered into a Purchase and Sale Agreement (the “Agreement”) with U.S. Business Holdings, Inc. (the “Purchaser”), MBE WorldWide S.p.A. (as guarantor for the Purchaser), BC Alpha, LLC (“BCA”, a wholly owned subsidiary of BC Alpha Holdings II, LLC), and BC Alpha Holdings II, LLC (“BCAH”, a wholly owned subsidiary of the Company). Pursuant to the Agreement, BCA sold all of its shares of capital stock of AGI to the Purchaser. This sale, which closed on October 3, 2017, constitutes the sale of the Company’s franchise segment. The cash purchase price paid by the Purchaser pursuant to the Agreement was $61,500,000, subject to post-closing working capital adjustments. BCA, BCAH, the Company and the Purchaser also agreed to make a joint election under Section 338(h)(10) of the Internal Revenue Code, which treats the transaction as an asset purchase for tax purposes subject to satisfaction of applicable legal requirements. Pursuant to the Agreement, the Company, BCA and BCAH made customary representations and warranties regarding AGI and its business, and agreed to certain covenants, including customary non-compete and non-solicit covenants related to the AGI business for a period of three years from the closing date. In addition, the Agreement requires the Company to indemnify the Purchaser for damages resulting from or arising out of any inaccuracy or breach of any representation, warranty or covenant of the Company, BCA or BCAH in the Agreement and for certain other matters. The Company’s indemnification obligations generally survive for 24 months following the closing. The Company’s maximum aggregate liability for indemnification claims for any such inaccuracies or breaches is generally limited to an indemnification escrow of $6,500,000, 50% of which was disbursed 12 months following the closing, with the remaining balance (less any indemnification claims) to be disbursed 24 months following the closing. As a result of the transaction, the Company received approximately $49,000,000 in proceeds from the sale, after taking into account the impact of the estimated working capital and similar purchase price adjustments, the escrowing of $6,500,000 of sale proceeds, the payoff of the Company’s current balance on its Fifth Third acquisition credit facility of approximately $4,300,000, and the payoff of an aggregate amount of approximately $1,600,000 in transaction costs and pre-closing AGI liabilities related to the cancellation and redemption of securities at the AGI level that occurred prior to the transaction. In connection with the transaction, the Company also entered into a Consent and Third Loan Modification Agreement (the “Modification Agreement”) with Fifth Third Bank, as lender (“Fifth Third”), which amended that certain Credit Agreement between the Company and Fifth Third, dated April 22, 2016, as amended (the “Credit Agreement”) to (i) release Fifth Third’s liens on the assets of AGI, BCA and BCAH, (ii) remove AGI, BCA and BCAH as guarantors of the Company’s obligations under the Credit Agreement, and (iii) release Fifth Third’s lien on the Company’s equity interests in BCAH. In accordance with the provisions of ASC 205-20, the Company has not included in the results of continuing operations the results of operations of the discontinued operations of the Franchise segment in the Consolidated Statements of Income. The results of operations for this business for the period ended October 2, 2017 are reflected as discontinued operations in the Consolidated Statements of Income for the year ended December 31, 2017, and consist of the following: Period Ended REVENUES OF DISCONTINUED OPERATIONS $ 12,382,543 COST OF REVENUES OF DISCONTINUED OPERATIONS 2,116,451 GROSS PROFIT OF DISCONTINUED OPERATIONS 10,266,092 OPERATING EXPENSES OF DISCONTINUED OPERATIONS: Salaries, wages and benefits 3,769,655 Occupancy 141,847 Advertising, marketing and development 441,542 Depreciation 74,837 Amortization 260,208 Other 2,361,868 7,049,957 OPERATING INCOME OF DISCONTINUED OPERATIONS 3,216,135 OTHER INCOME (EXPENSE) OF DISCONTINUED OPERATIONS Interest expense (195,087 ) Gain on sale 56,699,018 56,503,931 INCOME BEFORE INCOME TAXES OF DISCONTINUED OPERATIONS 59,720,066 PROVISION FOR INCOME TAXES OF DISCONTINUED OPERATIONS 23,415,000 NET INCOME OF DISCONTINUED OPERATIONS 36,305,066 Less net income of discontinued operations attributable to noncontrolling interests (12,815 ) NET INCOME OF DISCONTINUED OPERATIONS ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS $ 36,292,251 In accordance with the provisions of ASC 205-20, the Company has separately reported the cash flow activity of the discontinued operations of the Franchise segment in the Consolidated Statements of Cash Flows. The cash flow activity from discontinued operations for the period ended October 2, 2017 and year ended December 31, 2018 have been reflected as discontinued operations in the Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017, and consist of the following: Period Ended DISCONTINUED OPERATING ACTIVITIES Net income of discontinued operations $ 1,838,109 Adjustments to reconcile net income of discontinued operations to net cash provided by operating activities of discontinued operations: Depreciation 74,837 Amortization 260,207 Share based compensation 6,730 Deferred income taxes (138,000 ) Contract termination 893,086 Changes in operating assets and liabilities: Accounts receivable (391,691 ) Prepaid expenses and other assets 30,755 Accounts payable and accrued expenses (458,596 ) Deferred revenue and other current liabilities (335,525 ) Other liabilities – long-term 65,844 Net cash provided by operating activities of discontinued operations 1,845,756 INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS Purchase of property and equipment (30,024 ) Proceeds from the sale of stock of discontinued operations 48,282,714 Net cash provided by (used in) investing activities of discontinued operations 48,252,690 FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS Payments on notes payable – long-term - Principal payments on capital lease obligations (7,620 ) Payments from (dividends to) shareholders (4,399,422 ) Net cash used in financing activities of discontinued operations (4,407,042 )

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Information	20. Segment Information – The Company has grouped its continuing operations into four segments – Cellular Retail, Direct to Consumer, Consumer Finance and Corporate. The Cellular Retail segment is a dealer for Cricket Wireless selling cellular phones and accessories, ancillary services and serving as a payment center for customers. The Direct to Consumer segment, which consists of an online and direct marketing distribution retailer with product offerings including seeds, live goods and garden accessories operating in the retail market under Park Seed, Jackson & Perkins and Wayside Gardens, and in the wholesale market under Park Wholesale, and an online retail seller of home improvement and restoration products operating over the internet through the domain name of www.Vandykes.com and through direct mail catalogs. The Consumer Finance segment provides financial and ancillary services. The Corporate segment includes the parent company activities, inclusive of the acquisitions department and management of acquired subsidiaries. Segment information related to the years ended December 31, 2018 and 2017 is as follows: December 31, 2018 Cellular Direct to Consumer Corporate Total Revenue from external customers $ 65,096 $ 38,433 $ 10,736 $ - $ 114,265 Depreciation and amortization $ 2,121 $ 512 $ 51 $ 10 $ 2,694 Interest expense $ 47 $ 5 $ - $ 137 $ 189 Income tax expense (benefit) $ (573 ) $ (136 ) $ 397 $ (307 ) $ (619 ) Net income (loss) $ (1,272 ) $ (481 ) $ 1,117 $ (885 ) $ (1,521 ) Total segment assets $ 24,816 $ 13,769 $ 7,408 $ 34,447 $ 80,440 Expenditures for segmented assets $ 512 $ 504 $ 22 $ - $ 1,038 December 31, 2017 Cellular Direct to Consumer Corporate Total Revenue from external customers $ 69,547 $ 40,993 $ 10,981 $ - $ 121,521 Depreciation and amortization $ 1,811 $ 453 $ 64 $ 16 $ 2,344 Interest expense $ 171 $ 132 $ - $ - $ 303 Income tax expense (benefit) $ (410 ) $ 667 $ 987 $ (513 ) $ 731 Net income (loss) $ (57 ) $ 1,837 $ 779 $ (886 ) $ 1,673 Total segment assets $ 28,337 $ 14,357 $ 7,523 $ 54,027 $ 104,244 Expenditures for segmented assets $ 7,915 $ 414 $ 1 $ 8 $ 8,338

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	21. Commitments and Contingencies – Employment Agreements The Company is party to an employment agreement with its Chief Executive Officer, Mr. John Quandahl. The agreement runs from April 1, 2016 through March 2019. The agreement provides an annual base salary, eligibility for an annual performance-based cash bonus pool for management and contains customary non-solicitation and non-competition provisions as well as provisions for severance payments upon termination by the Company without cause or upon termination by Mr. Quandahl with good reason. The Company is party to an Amended and Restated Employment Agreement effective August 16, 2017 with its Chief Financial Officer / Chief Investment Officer, Mr. Angel Donchev. The agreement provides an annual base salary, eligibility for a discretionary annual performance-based bonus up to $135,000 and contains provisions for severance payments upon termination by the Company without cause. The Company has also entered into several employment agreements with certain members of subsidiary management. The terms of each agreement are different. However, one or all of these agreements include stipulated base salary and bonus potential. The agreement also contains customary non-solicitation and non-competition provisions as well as provisions for severance payments upon termination by the Company without cause. Pursuant to the numerous employment agreements, bonuses of approximately $286,000 and $348,000 were accrued for the year ended December 31, 2018 and 2017, respectively. Credit Facility The Company is party to a Credit Agreement with a financial institution. Certain Company subsidiaries are guarantors of the borrowings and obligations under the Credit Agreement. All borrowings under the Credit Agreement are secured by substantially all assets of WCR and the guarantor subsidiaries. The Credit Agreement, as amended April 26, 2018, requires WCR to meet a minimum liquidity covenant. Subject to certain exceptions, the Credit Agreement contains covenants limiting the Company’s ability to (or to permit the guarantor subsidiaries to) merge or consolidate with, or engage in a sale of substantially all assets to, any party, but WCR or any guarantor subsidiary generally may nonetheless merge with another party if (i) WCR or guarantor subsidiary is the entity surviving such merger, and (ii) immediately after giving effect to such merger, no default shall have occurred and be continuing under the Credit Agreement. Subject to certain exceptions, the Credit Agreement also contains covenants limiting WCR’s ability to (or to permit the guarantor subsidiaries to) create liens on assets, incur additional indebtedness, make certain types of investments, and pay dividends or make certain other types of restricted payments, but WCR may nonetheless pay dividends to its shareholders if (a) there are no outstanding loans or unpaid interest under the revolving credit facility, and (b) no default shall have occurred and be continuing under the Credit Agreement. Some covenant waivers were granted by the financial institution during the period ended December 31, 2018 and 2017. Legal Proceedings The Company is party to a variety of legal actions arising out of the normal course of business. Plaintiffs occasionally seek punitive or exemplary damages. The Company does not believe that such normal and routine litigation will have a material impact on its consolidated financial results.

Management and Advisory Agreeme

Management and Advisory Agreement	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Management and Advisory Agreement	22. Management and Advisory Agreement The Company is party to a Second Amended and Restated Management and Advisory Agreement dated November 1, 2017 with Blackstreet Capital Management, LLC, (“Blackstreet”) under which Blackstreet provides certain financial, managerial, strategic and operating advice and assistance to the Company. The agreement requires the Company to pay Blackstreet a fee in an amount equal to $400,000 upon the closing of an acquisition in consideration for Blackstreet’s referral to the Company of such acquisition opportunity, and Blackstreet’s assistance in the performance of due diligence services relating thereto. The annual fees under the agreement equal the greater of (i) $674,840 (subject to annual increases of five percent) or (ii) five percent of Western Capital’s “EBITDA” as defined under the agreement. Finally, the agreement may only be terminated by mutual consent of the parties. Upon any termination, the Company shall pay a termination fee equal to three times the previous 12-month annual fee. The annual management and advisory fees related to the management and advisory agreement with Blackstreet for the years ended December 31, 2018 and 2017 were $697,335 and $641,624, respectively.

Committees of the Board of Dire

Committees of the Board of Directors	12 Months Ended
	Dec. 31, 2018
Committees Of Board Of Directors
Committees of the Board of Directors	23. Committees of the Board of Directors – The Board of Directors has appointed Mr. Ellery Roberts to various committees of the Board. Annual Director and committee fees expense was $21,000 and $38,000 for the year ended December 31, 2018 and 2017, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	24. Related Party Transactions – Leases The Company leases three properties from an officer of the Company and another party under operating leases, one that is month-to-month, requiring monthly lease payments of $1,680, one that month-to-month, requiring monthly lease payments of $1,200, and one that is month-to-month, requiring monthly lease payments of $5,500. On August 31, 2011, the Company entered into two operating leases for property owned by Ladary, LLC. Ladary, which acquired the two properties in foreclosure sales, is partially owned by the Chief Executive Officer and Chief Financial Officer of the Company, two current or past directors and one employee of the management company that manages the Company’s largest shareholder. The leases, one of which replaced an earlier lease that the Company had entered into with the prior landlord, have four-year terms, require aggregate monthly rental payments of $4,200, and are on terms and conditions substantially similar to those contained in the replaced leases. In 2018 Ladary, LLC sold one of the properties and acquired another in which the Company had existing leases in place. The leases that the Company had entered into with the prior landlord have five-year terms expiring in 2020 and require aggregate monthly rental payments of $6,696. Annual rent expense to related parties for the retail locations for 2018 and 2017 was approximately $205,000 and $170,000, respectively.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	25. Subsequent Events – Dividend Our Board of Directors declared the following dividends payable in 2019: Date Declared Record Date Dividend Per Share Payment Date February 12, 2019 March 1, 2019 $ 0.05 March 11, 2019 Cellular Retail Store Transactions In February 2019, the Company sold 35 Cricket Wireless retail locations to another Cricket Wireless dealer for $1.12 million and entered into a joint-venture arrangement with another Cricket Wireless dealer who contributed 27 retail locations to a newly formed limited liability company in exchange for a 49% interest in the new LLC, with PQH Wireless owning the other 51%.

Basis of Presentation, Nature_2

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation / Nature of Business	Basis of Presentation / Nature of Business Western Capital Resources, Inc. (WCR) is a parent company owning operating subsidiaries, with percentage owned shown parenthetically, as summarized below. • Cellular Retail o PQH Wireless, Inc. (PQH) (100%) – operates 205 cellular retail stores as of December 31, 2018 (148 100% owned plus 57 through a 70% owned subsidiary), as an exclusive dealer of the Cricket brand. • Direct to Consumer o J & P Park Acquisitions, Inc. (JPPA) (100%) – an online and direct marketing distribution retailer of 1) live plants, seeds, holiday gifts and garden accessories selling its products under Park Seed, Jackson & Perkins, and Wayside Gardens brand names and 2) home improvement and restoration products operating under the Van Dyke’s Restorers brand, as well as a seed wholesaler under the Park Wholesale brand. o J & P Real Estate, LLC (JPRE) (100%) – owns real estate utilized as JPPA’s distribution and warehouse facility and the corporate offices of JPPA. • Consumer Finance o Wyoming Financial Lenders, Inc. (WFL) (100%) – owns and operates “payday” stores (40 as of December 31, 2018) in seven states (Colorado, Iowa, Kansas, Nebraska, North Dakota, Wisconsin and Wyoming) providing sub-prime short-term uncollateralized non-recourse “cash advance” or “payday” loans typically ranging from $100 to $500 with a maturity of generally two to four weeks, sub-prime short-term uncollateralized non-recourse installment loans typically ranging from $300 to $800 with a maturity of six months, check cashing and other money services to individuals. o Express Pawn, Inc. (EPI) (100%) – owns and operates retail pawn stores (three as of December 31, 2018) in Nebraska and Iowa providing collateralized non-recourse pawn loans and retail sales of merchandise obtained from forfeited pawn loans or purchased from customers. • Discontinued Operations - Franchise o AlphaGraphics, Inc. (AGI) – franchisor of domestic and international AlphaGraphics Business Centers. AGI was sold on October 3, 2017. References in these financial statement notes to “Company” or “we” refer to Western Capital Resources, Inc. and its subsidiaries. References to specific companies within our enterprise, such as” “PQH,” “JPPA,” “JPRE,” “WFL,” “EPI” or “AGI” are references only to those companies.
Basis of Consolidation	Basis of Consolidation The consolidated financial statements include the accounts of WCR, its wholly owned subsidiaries and other entities in which the Company owns a controlling financial interest. For financial interests in which the Company owns a controlling financial interest, the Company applies the provisions of Financial Accounting Standards Board Accounting Standards Codification (“ASC”) 810, “Consolidation” applicable to reporting the equity and net income or loss attributable to noncontrolling interests. All significant intercompany balances and transactions of the Company have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. Significant management estimates relate to the notes and loans receivable allowance, carrying value and impairment of long-lived goodwill and intangible assets, inventory valuation and obsolescence, estimated useful lives of property and equipment, gift certificate and merchandise credits liability and deferred taxes and tax uncertainties.
Revenue Recognition	Revenue Recognition On January 1, 2018, we adopted Topic 606, as further disclosed later in this Note 1. Also refer to Notes 16, “Revenue,” and 20, “Segment Information,” for additional information including the disaggregation of revenue by segment.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers all highly liquid investments with a maturity of three months or less at the time of purchase to be cash equivalents.
Fair Value of Financial Measurement	Fair Value of Financial Measurement In determining fair value measurements, the Company follows the provisions of ASC 820, Fair Value Measurements and Disclosures. ASC 820 defines fair value, establishes a framework for measuring fair value under GAAP, and enhances disclosures about fair value measurements. The topic provides a consistent definition of fair value focusing on an exit price, which is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The topic also prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information and establishes a three-level hierarchy for fair value measurements based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. The three level hierarchy is as follows: Level 1 - Pricing inputs are quoted prices available in active markets for identical assets or liabilities as of the measurement date. Level 2 - Pricing inputs are quoted prices for similar assets and liabilities, or inputs that are observable, either directly or indirectly, for substantially the full term through corroboration with observable market data. Level 3 - Pricing inputs are unobservable for the assets and liabilities, that is, inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. The Company’s held to maturity securities are comprised of a U.S Treasury zero coupon T-Bill and certificates of deposit. The Company’s available for sale securities consist of mutual funds held in money market mutual funds in a brokerage account, which are classified as cash equivalents. The fair value of these investments is based on quoted prices from recognized pricing services, or in the case of mutual funds, at their closing published net asset value. The Company assesses the levels of the investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Company’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. During the years 2018 and 2017, there were no transfers between levels.
Receivables and Loss Allowance	Receivables and Loss Allowance Cellular Retail Receivables for noncash sales are recorded when possession of products is taken by the customer or services are completed, represent claims against third parties that will be settled in cash, include unsettled credit card charges, and are included in accounts receivable. The carrying value of accounts receivables, net of the allowance for doubtful accounts, represents their estimated net realizable value. Direct to Consumer Receivables for noncash sales are recorded when orders are shipped, represent claims against third parties that will be settled in cash, include unsettled credit card charges and wholesales sales on terms, and are included in accounts receivable. The carrying value of accounts receivable, net of the allowance for doubtful accounts, represents their estimated net realizable value. The allowance for doubtful accounts is estimated based on historical collection trends, type of customer, the age of outstanding receivables and existing economic conditions. If events or changes in circumstances indicate that specific receivable balances may be impaired, further consideration is given to the collectability of those balances and the allowance is adjusted accordingly. Past due receivable balances are written-off when internal collection efforts have been unsuccessful in collecting the amount due. Consumer Finance Included in loans receivable are unpaid principal, interest and fee balances of payday, installment and pawn loans that have not reached their maturity date, and “late” payday loans that have reached maturity within the last 180 days and have remaining outstanding balances. Late payday loans generally are unpaid loans where a customer’s personal check has been deposited and the check has been returned due to non-sufficient funds in the customer’s account, a closed account, or other reasons. All returned items are charged-off after 180 days, as collections after that date have not been significant. Loans are carried at cost plus accrued interest or fees less payments made and a loans receivable allowance. The Company does not specifically reserve for any individual payday or installment loan. The Company aggregates loan types for purposes of estimating the loss allowance using a methodology that analyzes historical portfolio statistics and management’s judgment regarding recent trends noted in the portfolio. This methodology takes into account several factors, including (1) the amount of loan principal, interest and fee outstanding, (2) historical charge offs from loans that originated during the last 24 months, (3) current and expected collection patterns and (4) current economic trends. The Company utilizes a software program to assist with the tracking of its historical portfolio statistics. A loan loss allowance is maintained for anticipated losses for payday and installment loans based primarily on our historical percentages by loan type of net charge offs, applied against the applicable balance of loan principal, interest and fees outstanding. The Company also periodically performs a look-back analysis on its loan loss allowance to verify the historical allowance established tracks with the actual subsequent loan write-offs and recoveries. The Company is aware that as conditions change, it may also need to make additional allowances in future periods. Loan losses or charge-offs of pawn loans are not recorded because the value of the collateral exceeds the loan amount.
Inventory	Inventory Cellular Retail Inventory, consisting of phones and accessories, is stated at cost, determined on the specific identification and weighted-average cost basis, respectively. Direct to Consumer Inventory is valued at the lower of cost or market using the weighted-average method of determining cost. Consumer Finance Merchandise inventory is stated at the lower of cost or market. The principal amount of an unpaid loan becomes the inventory cost for forfeited collateral.
Long-Lived Assets	Long-Lived Assets Property and equipment are recorded at cost less accumulated depreciation. Depreciation is provided on the straight-line method over the estimated useful lives of the related assets as follows: • Computer equipment and software 3 – 10 years • Improvements and equipment 3 – 15 years • Building 39 years The cost of maintenance and repairs is charged to operations as incurred while renewals and betterments are capitalized. The Company capitalizes certain internal costs, including payroll costs, incurred in connection with the development of software for internal use. These costs are capitalized beginning when the Company has entered the application development stage. The capitalization of these costs ceases when the software is substantially complete and ready for its intended use. Only costs incurred for enhancements that are expected to result in additional features or functionality are capitalized and expensed over the estimated useful life of the enhancements. Finite-lived intangible assets represent the fair values management assigned to assets acquired through business acquisitions, are amortized over periods of three to 15 years based on management’s estimates of the useful life of the asset and are subject to impairment evaluations. The Company assesses the possibility of impairment of long-lived assets, other than goodwill, whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Factors that could trigger an impairment review include significant underperformance relative to expected historical or projected future cash flows, significant changes in the manner of use of acquired assets or the strategy for the overall business, and significant negative industry events or trends.
Goodwill	Goodwill Goodwill represents the excess of acquisition cost over the fair value of identifiable finite lived net assets acquired and is not amortized. Goodwill is tested for impairment annually as of October 1, or more frequently if events or changes in circumstances indicate potential impairment. The Company tests for goodwill impairment at the reporting unit level, which aligns with the Company’s segments. The Company performs a qualitative assessment to determine if a quantitative impairment test is necessary. If quantitative testing is necessary based on a qualitative assessment, we apply a fair value test. This fair value test involves a two-step process. The first step is to compare the carrying value of our net assets to our fair value. If the fair value is determined to be less than the carrying value, a second step is performed to measure the amount of the impairment, if any.
Merchandise Credits and Gift Card Liabilities	Merchandise Credits and Gift Card Liabilities Direct to Consumer The Company maintains a liability for unredeemed gift cards, gift certificates and merchandise credits until the earlier of redemption, escheatment or a maximum of two years. The Company has concluded based on historical redemption trends that the likelihood of these liabilities being redeemed beyond two years from the date of issuance is remote. The liability is also reserved for estimated redemption rates which management bases on historical trends.
Advertising, Marketing and Development Costs	Advertising, Marketing and Development Costs Direct to Consumer The Company expenses advertising costs as they are incurred, except for direct-response advertising, which is capitalized and amortized over its expected period of future benefits, not to exceed six months. Direct-response advertising consists primarily of catalog book production, printing, and postage costs. Prepaid advertising costs at December 31, 2018 and 2017 were $0.88 million and $0.87 million, respectively. Consumer Finance The costs of advertising and marketing are expensed as incurred.
Stock-based Compensation	Stock-based Compensation The Company accounts for its employee stock-based compensation plans using the fair value method. The fair value method requires the Company to estimate the grant-date fair value of its stock-based awards and amortize this fair value to compensation expense over the requisite service period or vesting term. The Company uses the Black-Scholes option-pricing model to estimate the fair value of the Company’s stock option awards. The determination of the fair value of stock-based payment awards on the date of grant using an option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of complex and subjective variables. These variables include the expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behaviors, the risk-free interest rate and expected dividends. Due to the inherent limitations of option-valuation models, future events that are unpredictable and the estimation process utilized in determining the valuation of the stock-based awards, the ultimate value realized by award holders may vary significantly from the amounts expensed in the Company’s financial statements. Stock-based compensation expense is recognized net of estimated forfeitures such that expense is recognized only for those stock-based awards that are expected to vest. A forfeiture rate is estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimate.
Income Taxes	Income Taxes Deferred income taxes reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts, based on enacted tax laws and statutory tax rates applicable in the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized. The provision for income taxes represents taxes paid or payable for the current year and changes during the year in deferred tax assets and liabilities.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share Basic net income (loss) per common share is computed by dividing the income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share gives effect to all potentially dilutive common shares outstanding during the period, including stock options, using the treasury stock method. Options to purchase 65,000 shares granted under the 2015 Stock Incentive Plan effective February 6, 2015 (see Note 14) were outstanding at December 31, 2018. These options have a strike price in excess of the market price as of December 31, 2018 and 2017, were antidilutive and therefore not included in the computation of diluted earnings per share. Thus, there were no dilutive common shares as of December 31, 2018 and 2017.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The amounts reported in the balance sheets for cash, short-term investments, accounts and loans receivable, inventory, and accounts payable are short-term in nature and their carrying values approximate fair values. The amounts reported in the balance sheets for notes payable are both long-term and short-term and for investments are long-term and their carrying value approximates fair value.
Reclassifications and Discontinued Operations	Reclassifications and Discontinued Operations Certain Balance Sheet, Statement of Operations and Statement of Cash Flows reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the year ended December 31, 2018. In accordance with ASC 205-20-45-6 interest on debt required to be paid as a result of our Franchise segment disposal transaction has been allocated to discontinued operations and in accordance with ASC 205-20-45-9 general corporate overhead has not been allocated to discontinued operations. These re-allocations and related income tax have been made in the presentation of our prior financial statements and accompanying notes.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), a comprehensive new revenue recognition standard. The core principle of the new standard is for companies to recognize revenue in a manner that depicts the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. The standard requires enhanced disclosures about revenue, including revenue recognition policies to identify performance obligations to customers and significant judgments in measurement and recognition. We adopted the new revenue guidance effective January 1, 2018 using the cumulative effect method, and did not have an adjustment to retained earnings upon adoption. The adoption of Topic 606 did not have a material impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), related to recognition of lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new guidance, lessees will be required to recognize the following for all leases: (1) a lease liability, which is the present value of a lessee's obligation to make lease payments, and (2) a right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. All entities will classify leases to determine how to recognize lease-related revenue and expense. Quantitative and qualitative disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The intention is to require enough information to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity's leasing activities. All entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The ASU is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that annual period, with early adoption permitted. As the Company expects to elect the transition option provided in ASU 2018-11 (see below), the modified retrospective approach will be applied on January 1, 2019. The Company also expects to elect the package of practical expedients relief option offered in ASU 2016-02, the accounting policy allowing lessees not to separate lease and nonlease components and the hindsight practical expedient, which allows entities to reassess their assumptions used when determining lease term and impairment of right-of-use assets. The Company has facility lease agreements which are currently being accounted for as operating leases and therefore not being recognized on the Company's consolidated balance sheets. The new guidance will require these lease agreements to be recognized on the consolidated balance sheets as a right-of-use asset and a corresponding lease liability. The Company's preliminary evaluation indicates the provisions of ASU 2016-02 are expected to impact the Company's consolidated balance sheet. However, the Company does not expect the new guidance to have a material impact on the Company's consolidated statements of operations. The Company completed a complete inventory of arrangements containing a lease and accumulating the lease data necessary to apply the amended guidance. The current estimated impact of implementing this ASU at January 1, 2019 is an increase in right-of-use assets and associated lease liabilities of approximately $11.23 million and $11.23 million, respectively, on our consolidated balance sheet. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), related to the measurement of credit losses on financial instruments. The standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The ASU is effective for annual reporting periods beginning after December 15, 2018 and interim periods within that annual period, with early adoption permitted and the standard to be applied using a modified retrospective approach. The Company is currently evaluating the impact the ASU will have on our financial condition, results of operations and consolidated financial statements. In July 2018, the FASB issued ASU 2018-11, Leases - Targeted Improvements (Topic 842) to provide entities with relief from the costs of implementing certain aspects of the new leasing standard, ASU 2016-02. Specifically, under the amendments in ASU 2018-11: (1) entities may elect not to recast the comparative periods presented when transitioning to the new leasing standard, and (2) lessors may elect to not separate non-lease components from leases when certain conditions are met. The amendments have the same effective date as ASU 2016-02 (January 1, 2019 for the Company). The Company expects to elect the first option and to not recast the comparative periods presented. No other new accounting pronouncements issued or effective during the fiscal year have had or are expected to have a material impact on the consolidated financial statements.

Basis of Presentation, Nature_3

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of property and equipment estimated useful lives	Depreciation is provided on the straight-line method over the estimated useful lives of the related assets as follows: • Computer equipment and software 3 – 10 years • Improvements and equipment 3 – 15 years • Building 39 years

Risks Inherent in the Operati_2

Risks Inherent in the Operating Environment (Tables)	12 Months Ended
	Dec. 31, 2018
Risks and Uncertainties [Abstract]
Schedule of geographic economic and regulatory risk concentrations	For the years ended December 31, 2018 and 2017, the Consumer Finance segment had geographic economic and regulatory risk concentrations (shown as a percentage of the Consumer Finance segment’s revenue by state when 10% or more) as follows: Consumer Finance Segment 2018 % of 2017 % of Nebraska 36 % 37 % North Dakota 23 % 23 % Iowa 17 % 16 % Wyoming 14 % 13 %

Cash Equivalents and Investme_2

Cash Equivalents and Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Cash and Cash Equivalents [Abstract]
Schedule of cash equivalents or short- and long-term investments	The following table shows the Company’s cash equivalents and held-to-maturity investments, by significant investment category, recorded as cash equivalents or short- and long-term investments as of December 31, 2018 and 2017: December 31, 2018 December 31, 2017 Cash and cash equivalents Operating accounts $ 10,901,929 $ 10,524,923 Certificates of deposit - 750,000 Money Market – U.S. Treasury obligations 2,808,576 10,020,896 U.S. Treasury obligations 3,014,478 - Subtotal 16,724,983 21,295,819 Held to Maturity Investments Certificates of deposit (4 – 15 month maturities, FDIC insured) $ 12,711,069 $ 13,250,000 T-Bill, 0.75000%, 2/15/19 9,098,041 - T-Bill Zero CPN 3/25/19 1,585,638 - T-Bill Zero CPN 04/05/2018 - 22,042,902 Subtotal 23,394,748 35,292,902 TOTAL $ 40,119,731 $ 56,588,721

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of outstanding loans receivable aging	At December 31, 2018 and December 31, 2017, the Consumer Finance segment’s outstanding loans receivable aging was as follows: December 31, 2018 Payday Installment Pawn Total Current $ 3,314,182 $ 254,255 $ 321,447 $ 3,889,884 1-30 224,091 41,596 - 265,687 31-60 199,259 30,285 - 229,544 61-90 153,449 15,189 - 168,638 91-120 131,480 9,001 - 140,481 121-150 125,074 4,311 - 129,385 151-180 101,619 4,604 - 106,223 4,249,154 359,241 321,447 4,929,842 Less Allowance (770,000 ) (48,000 ) - (818,000 ) $ 3,479,154 $ 311,241 $ 321,447 $ 4,111,842 December 31, 2017 Payday Installment Pawn Total Current $ 3,550,077 $ 271,926 $ 318,361 $ 4,140,364 1-30 216,376 47,356 - 263,732 31-60 187,916 27,766 - 215,682 61-90 150,278 17,976 - 168,254 91-120 110,943 11,870 - 122,813 121-150 131,171 4,748 - 135,919 151-180 93,222 3,017 - 96,239 4,439,983 384,659 318,361 5,143,003 Less Allowance (745,000 ) (88,000 ) - (833,000 ) $ 3,694,983 $ 296,659 $ 318,361 $ 4,310,003

Loans Receivable Allowance (Tab

Loans Receivable Allowance (Tables)	12 Months Ended
	Dec. 31, 2018
Provision for Loan and Lease Losses [Abstract]
Schedule of loans receivable allowance	A rollforward of the Company’s loans receivable allowance for the year ended December 31, 2018 and 2017 is as follows: Year Ended 2018 2017 Loans receivable allowance, beginning of year $ 833,000 $ 1,036,000 Provision for loan losses charged to expense 1,241,638 1,122,144 Charge-offs, net (1,256,638 ) (1,325,144 ) Loans receivable allowance, end of year $ 818,000 $ 833,000

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of accounts receivable	A breakdown of accounts receivables for continuing operations by segment are as follows: December 31, 2018 Cellular Direct to Consumer Total Accounts receivable $ 130,251 $ 372,076 $ 15,881 $ 518,208 Less allowance - (25,000 ) - (25,000 ) Net account receivable $ 130,251 $ 347,076 $ 15,881 $ 493,208 December 31, 2017 Cellular Direct to Consumer Total Accounts receivable $ 399,459 $ 365,476 $ 15,136 $ 780,071 Less allowance - (16,000 ) - (16,000 ) Net account receivable $ 399,459 $ 349,476 $ 15,136 $ 764,071

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of inventory	Inventories consist of: December 31, 2018 December 31, 2017 Finished Goods Cellular Retail $ 5,456,898 $ 5,723,932 Direct to Consumer 2,848,484 3,128,052 Consumer Finance 832,130 854,858 Reserve (670,000 ) (576,000 ) TOTAL $ 8,467,512 $ 9,130,842

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	A rollforward of the Company’s property and equipment is as follows: December 31, 2017 Acquisitions Additions Deletions December 31, 2018 Property, equipment and sales floor $ 8,706,997 $ 30,000 $ 693,448 $ (1,248,124 ) $ 8,182,321 Software 1,634,489 - 102,180 - 1,736,669 Building - owned 5,292,753 - 165,255 - 5,458,008 Land 1,200,000 - - - 1,200,000 Other 39,294 - - (39,294 ) - 16,873,533 30,000 960,883 (1,287,418 ) 16,576,998 Accumulated depreciation (5,526,299 ) - (1,899,114 ) 794,241 (6,631,172 ) $ 11,347,234 $ 30,000 $ (938,231 ) $ (493,177 ) $ 9,945,826 December 31, 2016 Acquisitions Additions Deletions December 31, 2017 Property, equipment and sales floor $ 5,666,175 $ 1,170,000 $ 2,221,332 $ (350,510 ) $ 8,706,997 Software 1,424,768 - 209,721 - 1,634,489 Building (owned) 5,107,190 - 185,563 - 5,292,753 Land 1,200,000 - - - 1,200,000 Other 39,294 - - - 39,294 13,437,427 1,170,000 2,616,616 (350,510 ) 16,873,533 Accumulated depreciation (4,028,193 ) - (1,809,525 ) 311,419 (5,526,299 ) $ 9,409,234 $ 1,170,000 $ 807,091 $ (39,091 ) $ 11,347,234

Goodwill and Long-Lived Assets

Goodwill and Long-Lived Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of carrying amount of goodwill	The changes in the carrying amount of goodwill for the year ended December 31, 2018, are as follows: Cellular Retail Direct to Consumer Total Balance at December 31, 2016 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses 5,765,284 31,244 - 5,796,528 2017 Activity: Goodwill acquired during year - - - - Impairment losses - - - - Balance at December 31, 2017 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses 5,765,284 31,244 - $ 5,796,528 2018 Activity: Goodwill acquired during year - - - - Impairment losses - - - - Balance at December 31, 2018 Goodwill 5,765,284 31,244 7,559,063 13,355,591 Accumulated impairment losses - - (7,559,063 ) (7,559,063 ) Goodwill, net of impairment losses $ 5,765,284 $ 31,244 $ - $ 5,796,528
Schedule of intangible assets	A rollforward of the Company’s intangible assets is as follows: December 31, 2017 Acquisitions Additions Deletions December 31, 2018 Customer relationships $ 10,381,426 $ 46,707 $ - $ (285,600 ) $ 10,142,533 Other 227,000 - - - 227,000 Amortizable Intangible assets 10,608,426 46,707 - (285,600 ) 10,369,533 Less accumulated amortization (5,620,657 ) - (794,688 ) 212,922 (6,202,423 ) Net Amortizable Intangible Assets 4,987,769 46,707 (794,688 ) (72,678 ) 4,167,110 Non-amortizable trademarks - - - - - Intangible Assets, net $ 4,987,769 $ 46,707 $ (794,688 ) $ (72,678 ) $ 4,167,110 December 31, 2016 Acquisitions Additions Deletions December 31, 2017 Customer relationships $ 6,154,318 $ 4,227,108 $ - $ - $ 10,381,426 Other 227,000 - - - 227,000 Amortizable Intangible assets 6,381,318 4,227,108 - - 10,608,426 Less accumulated amortization (5,085,759 ) - (534,898 ) - (5,620,657 ) Net Amortizable Intangible Assets 1,295,559 4,227,108 (534,898 ) - 4,987,769 Non-amortizable trademarks - - - - - Intangible Assets, net $ 1,295,559 $ 4,227,108 $ (534,898 ) $ - $ 4,987,769
Schedule of estimated future amortization expense	As of December 31, 2018, estimated future amortization expense for the amortizable intangible assets is as follows: 2019 $ 687,155 2020 597,489 2021 528,113 2022 489,214 2023 481,550 Thereafter 1,383,589 $ 4,167,110

Deferred Revenue and Other Li_2

Deferred Revenue and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Deferred Revenue Disclosure [Abstract]
Schedule of deferred revenue and other liabilities	Deferred revenue and other liabilities consisted of the following: For the Year Ended December 31, 2018 2017 Deferred financing fees $ 218,729 $ 239,699 Merchandise credits and gift card liability 794,043 833,901 Total $ 1,012,772 $ 1,073,600

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of future minimum base lease payments	Future minimum lease payments under non-cancelable operating leases as of December 31, 2018 (in thousands) are approximately as follows: Year Ending December 31, Operating Leases 2019 $ 5,896 2020 3,878 2021 2,259 2022 917 2023 290 Thereafter 33 Total minimum lease payments $ 13,273

Notes Payable - Long Term (Tabl

Notes Payable - Long Term (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of long-term debt instruments	The Company’s long-term debt is as follows: December 31, 2018 2017 Subsidiary subordinated note pa yab le to seller with monthly interest only payments at 6%, guaranteed by PQH , maturing August 5 22 the . 789,216 789,216 Total 789,216 789,216 Less current maturities - - $ 789,216 $ 789,216
Schedule of future minimum long-term principal payments	Future minimum long-term principal payments as of December 31, 2018 are as follows: Year Ending December 31, Amount 2019 - 2020 - 2021 - 2022 789,216 Thereafter - $ 789,216

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of provision for income taxes	The Company’s provision for income tax expense (benefit) from continuing operations is as follows: For the Year Ended December 31, 2018 2017 Current: Federal $ - $ 390,000 State 42,000 (54,000 ) 42,000 336,000 Deferred: Federal (574,000 ) 331,000 State (87,000 ) 64,000 (661,000 ) 395,000 $ (619,000 ) $ 731,000
Schedule of deferred income tax assets (liabilities)	Deferred income tax assets (liabilities) are summarized as follows : For the Year Ended December 31, 2018 2017 Allowance for accounts and loans receivable $ 216,000 $ 220,000 Inventory capitalization 57,000 64,000 Inventory reserve 136,000 122,000 Accrued expenses 116,000 115,000 Net operating loss carryforward 135,000 - Prepaid expense (243,000 ) (220,000 ) Property and equipment (686,000 ) (730,000 ) Goodwill and intangible assets 259,000 565,000 Installment sale proceeds receivable (785,000 ) (1,592,000 ) Net deferred income tax asset (liability) $ (795,000 ) $ (1,456,000 )
Schedule of effective income tax rate	Reconciliations from the statutory federal income tax rate to the effective income tax rate for continuing operations are as follows: For the Year Ended December 31, 2018 2017 Income tax expense (benefit) using the statutory federal rate $ (449,000 ) $ 817,000 State income taxes, net of federal benefit (55,000 ) (36,000 ) Non-deductible meal and entertainment 9,000 11,000 Noncontrolling interest’s pass through income (163,000 ) (91,000 ) Tax Reform Act - 25,000 Share based compensation - 9,000 Other 39,000 (4,000 ) Income tax expense (benefit) $ (619,000 ) $ 731,000

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Schedule of nonnvested stock option awards outstanding	The following table summarizes nonvested stock option awards outstanding at December 31, 2018 and the changes for the year then ended: Number of Weighted- Weighted-Average Remaining Contractual Term ( in years Aggregate Outstanding and nonvested at December 31, 2017 - $ - $ - Granted - - - Vested - - - Forfeited - - - Outstanding and nonvested at December 31, 2018 - $ - $ - Exercisable at December 31, 2018 65,000 $ 6.00 $ -

Dividends (Tables)

Dividends (Tables)	12 Months Ended
	Dec. 31, 2018
Dividends, Common Stock [Abstract]
Schedule of declared dividends payable	Our Board of Directors declared the following dividends payable in 2018: Date Declared Record Date Dividend Per Share Payment Date Dividend Paid January 18, 2018 February 9, 2018 $ 0.05 February 14, 2018 $ 469,550 May 2, 2018 May 17, 2018 $ 0.05 May 24, 2018 $ 469,550 July 27, 2018 August 19, 2018 $ 0.05 August 26, 2018 $ 469,550 November 9, 2018 December 4, 2018 $ 0.05 December 14, 2018 $ 469,433

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
Schedule of other expenses	A breakout of other operating expenses is as follows: For the Year Ended December 31, 2018 2017 Bank fees $ 1,915,795 $ 2,057,187 Collection costs 331,712 367,039 Insurance 867,204 884,477 Management and advisory fees 794,800 741,624 Professional and consulting fees 1,935,561 2,354,455 Supplies 702,371 1,339,756 Disposal loss on closed/sold locations 1,731,893 - Other 2,538,773 2,737,092 $ 10,818,109 $ 10,481,630

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2018
Business Combination, Description [Abstract]
Schedule of assets acquired and liabilities assumed	Under the purchase method of accounting, the assets acquired and liabilities assumed were recorded at their estimated fair values as of the purchase date as follows: July 1, 2017 Inventory $ 217,000 Property and equipment 1,170,000 Intangible assets 4,227,000 Other assets 103,000 Liability assumed (22,000 ) $ 5,695,000

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of statements	The results of operations for this business for the period ended October 2, 2017 are reflected as discontinued operations in the Consolidated Statements of Income for the year ended December 31, 2017, and consist of the following: Period Ended REVENUES OF DISCONTINUED OPERATIONS $ 12,382,543 COST OF REVENUES OF DISCONTINUED OPERATIONS 2,116,451 GROSS PROFIT OF DISCONTINUED OPERATIONS 10,266,092 OPERATING EXPENSES OF DISCONTINUED OPERATIONS: Salaries, wages and benefits 3,769,655 Occupancy 141,847 Advertising, marketing and development 441,542 Depreciation 74,837 Amortization 260,208 Other 2,361,868 7,049,957 OPERATING INCOME OF DISCONTINUED OPERATIONS 3,216,135 OTHER INCOME (EXPENSE) OF DISCONTINUED OPERATIONS Interest expense (195,087 ) Gain on sale 56,699,018 56,503,931 INCOME BEFORE INCOME TAXES OF DISCONTINUED OPERATIONS 59,720,066 PROVISION FOR INCOME TAXES OF DISCONTINUED OPERATIONS 23,415,000 NET INCOME OF DISCONTINUED OPERATIONS 36,305,066 Less net income of discontinued operations attributable to noncontrolling interests (12,815 ) NET INCOME OF DISCONTINUED OPERATIONS ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS $ 36,292,251 The cash flow activity from discontinued operations for the period ended October 2, 2017 and year ended December 31, 2018 have been reflected as discontinued operations in the Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017, and consist of the following: Period Ended DISCONTINUED OPERATING ACTIVITIES Net income of discontinued operations $ 1,838,109 Adjustments to reconcile net income of discontinued operations to net cash provided by operating activities of discontinued operations: Depreciation 74,837 Amortization 260,207 Share based compensation 6,730 Deferred income taxes (138,000 ) Contract termination 893,086 Changes in operating assets and liabilities: Accounts receivable (391,691 ) Prepaid expenses and other assets 30,755 Accounts payable and accrued expenses (458,596 ) Deferred revenue and other current liabilities (335,525 ) Other liabilities – long-term 65,844 Net cash provided by operating activities of discontinued operations 1,845,756 INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS Purchase of property and equipment (30,024 ) Proceeds from the sale of stock of discontinued operations 48,282,714 Net cash provided by (used in) investing activities of discontinued operations 48,252,690 FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS Payments on notes payable – long-term - Principal payments on capital lease obligations (7,620 ) Payments from (dividends to) shareholders (4,399,422 ) Net cash used in financing activities of discontinued operations (4,407,042 )

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of segment information	Segment information related to the years ended December 31, 2018 and 2017 is as follows: December 31, 2018 Cellular Direct to Consumer Corporate Total Revenue from external customers $ 65,096 $ 38,433 $ 10,736 $ - $ 114,265 Depreciation and amortization $ 2,121 $ 512 $ 51 $ 10 $ 2,694 Interest expense $ 47 $ 5 $ - $ 137 $ 189 Income tax expense (benefit) $ (573 ) $ (136 ) $ 397 $ (307 ) $ (619 ) Net income (loss) $ (1,272 ) $ (481 ) $ 1,117 $ (885 ) $ (1,521 ) Total segment assets $ 24,816 $ 13,769 $ 7,408 $ 34,447 $ 80,440 Expenditures for segmented assets $ 512 $ 504 $ 22 $ - $ 1,038 December 31, 2017 Cellular Direct to Consumer Corporate Total Revenue from external customers $ 69,547 $ 40,993 $ 10,981 $ - $ 121,521 Depreciation and amortization $ 1,811 $ 453 $ 64 $ 16 $ 2,344 Interest expense $ 171 $ 132 $ - $ - $ 303 Income tax expense (benefit) $ (410 ) $ 667 $ 987 $ (513 ) $ 731 Net income (loss) $ (57 ) $ 1,837 $ 779 $ (886 ) $ 1,673 Total segment assets $ 28,337 $ 14,357 $ 7,523 $ 54,027 $ 104,244 Expenditures for segmented assets $ 7,915 $ 414 $ 1 $ 8 $ 8,338

Subsequent Events (Tables)

Subsequent Events (Tables)	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Schedule of declared dividends payable	Our Board of Directors declared the following dividends payable in 2019: Date Declared Record Date Dividend Per Share Payment Date February 12, 2019 March 1, 2019 $ 0.05 March 11, 2019

Basis of Presentation, Nature_4

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2018
Computer Equipment And Software [Member] | Minimum [Member]
Useful lives	P3Y
Computer Equipment And Software [Member] | Maximum [Member]
Useful lives	P10Y
Improvements And Equipment [Member] | Minimum [Member]
Useful lives	P3Y
Improvements And Equipment [Member] | Maximum [Member]
Useful lives	P15Y
Building (owned) [Member]
Useful lives	P39Y

Basis of Presentation, Nature_5

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Details Narrative)	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)Numbershares	Dec. 31, 2017USD ($)
Prepaid advertising costs | $		$ 880,000	$ 870,000
Increase in right-of-use assets and associated lease liabilities | $	$ 11,230,000
2015 Stock Incentive Plan [Member]
Number of shares, granted | shares		65,000
Minimum [Member]
Finite-lived intangible asset, useful life		3 years
Maximum [Member]
Finite-lived intangible asset, useful life		15 years
PQH Wireless, Inc. [Member] | Cellular Retail [Member]
Number of stores		205
Percentage of equity method investment		100.00%
PQH Wireless, Inc. [Member] | Cellular Retail [Member] | PQH South LLC. [Member]
Number of stores		57
Percentage of equity method investment		70.00%
PQH Wireless, Inc. [Member] | Cellular Retail [Member] | PQH Other Subsidiary [Member]
Number of stores		148
Percentage of equity method investment		100.00%
JPPA [Member] | Direct to Consumer [Member]
Percentage of equity method investment		100.00%
JPRE [Member] | Direct to Consumer [Member]
Percentage of equity method investment		100.00%
Wyoming Financial Lenders, Inc. [Member] | Consumer Finance [Member]
Number of stores		40
Percentage of equity method investment		100.00%
Number of states in which entity operates		7
Wyoming Financial Lenders, Inc. [Member] | Consumer Finance [Member] | Minimum [Member] | Payday [Member]
Number of states in which entity operates		100
Wyoming Financial Lenders, Inc. [Member] | Consumer Finance [Member] | Minimum [Member] | Installment [Member]
Number of states in which entity operates		300
Wyoming Financial Lenders, Inc. [Member] | Consumer Finance [Member] | Maximum [Member] | Payday [Member]
Number of states in which entity operates		500
Wyoming Financial Lenders, Inc. [Member] | Consumer Finance [Member] | Maximum [Member] | Installment [Member]
Number of states in which entity operates		800
Express Pawn, Inc. [Member] | Consumer Finance [Member]
Number of stores		3
Percentage of equity method investment		100.00%

Risks Inherent in the Operati_3

Risks Inherent in the Operating Environment (Details) - Consumer Finance Segment [Member]	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Nebraska [Member]
Percentage of revenues	36.00%	37.00%
North Dakota [Member]
Percentage of revenues	23.00%	23.00%
Wyoming [Member]
Percentage of revenues	14.00%	13.00%
Iowa [Member]
Percentage of revenues	17.00%	16.00%

Risks Inherent in the Operati_4

Risks Inherent in the Operating Environment (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)
Risks and Uncertainties [Abstract]
Description of attrition rate	The CFPB’s studies projected a reduction in the number of lenders by 50%, while industry studies forecast a much higher attrition rate if the rule is implemented as originally adopted.
WCRS Cash,Excess Over FDIC Insured Amount	$ 7,320,000

Cash Equivalents and Investme_3

Cash Equivalents and Investments (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalents
Operating accounts	$ 10,901,929	$ 10,524,923
Certificates of deposit		750,000
Money Market - U.S. Treasury obligations	2,808,576	10,020,896
U.S. Treasury obligations	3,014,478
Subtotal	16,724,983	21,295,819
Held to Maturity Investments
Certificates of deposit ( 4 - 15 month maturities, FDIC insured)	12,711,069	13,250,000
T-Bill, 0.75000%, 2/15/19	9,098,041
T-Bill Zero CPN 3/25/19	1,585,638
T-Bill Zero CPN 04/05/2018		22,042,902
Subtotal	23,394,748	35,292,902
TOTAL	$ 40,119,731	$ 56,588,721

Cash Equivalents and Investme_4

Cash Equivalents and Investments (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Equivalents And Investments
Interest income recognized on held to maturity investments	$ 487,944	$ 75,092
Interest income from other sources	$ 143,726	$ 167,824

Loans Receivable (Details)

Loans Receivable (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	$ 4,929,842	$ 5,143,003
Less Allowance	(818,000)	(833,000)
Notes, Loans and Financing Receivable, Net, current	4,111,842	4,310,003
Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	4,249,154	4,439,983
Less Allowance	(770,000)	(745,000)
Notes, Loans and Financing Receivable, Net, current	3,479,154	3,694,983
Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	359,241	384,659
Less Allowance	(48,000)	(88,000)
Notes, Loans and Financing Receivable, Net, current	311,241	296,659
Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	321,447	318,361
Less Allowance
Notes, Loans and Financing Receivable, Net, current	321,447	318,361
Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	3,889,884	4,140,364
Current [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	3,314,182	3,550,077
Current [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	254,255	271,926
Current [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	321,447	318,361
1 To 30 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	265,687	263,732
1 To 30 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	224,091	216,376
1 To 30 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	41,596	47,356
1 To 30 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current
31 to 60 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	229,544	215,682
31 to 60 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	199,259	187,916
31 to 60 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	30,285	27,766
31 to 60 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current
61 To 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	168,638	168,254
61 To 90 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	153,449	150,278
61 To 90 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	15,189	17,976
61 To 90 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current
91 To 120 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	140,481	122,813
91 To 120 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	131,480	110,943
91 To 120 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	9,001	11,870
91 To 120 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current
121 To 150 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	129,385	135,919
121 To 150 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	125,074	131,171
121 To 150 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	4,311	4,748
121 To 150 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current
151 To 180 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	106,223	96,239
151 To 180 Days [Member] | Payday [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	101,619	93,222
151 To 180 Days [Member] | Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current	4,604	3,017
151 To 180 Days [Member] | Pawn [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Gross, Current

Loans Receivable Allowance (Det

Loans Receivable Allowance (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Allowance for Loan and Lease Losses [Roll Forward]
Loans receivable allowance, beginning of year	$ 833,000	$ 1,036,000
Provision for loan losses charged to expense	1,241,638	1,122,144
Charge-offs, net	(1,256,638)	(1,325,144)
Loans receivable allowance, end of year	$ 818,000	$ 833,000

Loans Receivable Allowance (D_2

Loans Receivable Allowance (Details Narrative)	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	42.00%
1 To 30 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	42.00%
31 to 60 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	66.00%
61 To 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	84.00%
91 To 120 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	89.00%
121 To 150 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	92.00%
151 To 180 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of historical written off	93.00%

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Accounts receivable	$ 518,208	$ 780,071
Less allowance	(25,000)	(16,000)
Net account receivable	493,208	764,071
Cellular Retail [Member]
Accounts receivable	130,251	399,459
Less allowance
Net account receivable	130,251	399,459
Direct to Consumer [Member]
Accounts receivable	372,076	365,476
Less allowance	(25,000)	(16,000)
Net account receivable	347,076	349,476
Consumer Finance [Member]
Accounts receivable	15,881	15,136
Less allowance
Net account receivable	$ 15,881	$ 15,136

Inventory (Details)

Inventory (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Finished Goods
TOTAL	$ 8,467,512	$ 9,130,842
Reserve	670,000	576,000
Cellular Retail [Member]
Finished Goods
TOTAL	5,456,898	5,723,932
Direct to Consumer [Member]
Finished Goods
TOTAL	2,848,484	3,128,052
Consumer Finance [Member]
Finished Goods
TOTAL	832,130	854,858
Reserve [Member]
Finished Goods
Reserve	$ (670,000)	$ (576,000)

Inventory (Details Narrative)

Inventory (Details Narrative) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Reduction in inventory	$ 670,000	$ 576,000

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 16,576,998	$ 16,873,533	$ 13,437,427
Property, plant and equipment, acquisitions, gross	30,000	1,170,000
Property, plant and equipment, additions, gross	960,883	2,616,616
Property, plant and equipment, deletions, gross	(1,287,418)	(350,510)
Accumulated depreciation	(6,631,172)	(5,526,299)	(4,028,193)
Accumulated depreciation, acquisition
Accumulated depreciation, additions	(1,899,114)	(1,809,525)
Accumulated depreciation, deletions	794,241	311,419
Property, plant and equipment, net	9,945,826	11,347,234	9,409,234
Property, plant and equipment, acquisitions, net	30,000	1,170,000
Property, plant and equipment, additions, net	(938,231)	807,091
Property, plant and equipment, deletions, net	(493,177)	(39,091)
Property, Equipment And Sales Floor [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,182,321	8,706,997	5,666,175
Property, plant and equipment, acquisitions, gross	30,000	1,170,000
Property, plant and equipment, additions, gross	693,448	2,221,332
Property, plant and equipment, deletions, gross	(1,248,124)	(350,510)
Software [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,736,669	1,634,489	1,424,768
Property, plant and equipment, acquisitions, gross
Property, plant and equipment, additions, gross	102,180	209,721
Property, plant and equipment, deletions, gross
Building (owned) [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,458,008	5,292,753	5,107,190
Property, plant and equipment, acquisitions, gross
Property, plant and equipment, additions, gross	165,255	185,563
Property, plant and equipment, deletions, gross
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,200,000	1,200,000	1,200,000
Property, plant and equipment, acquisitions, gross
Property, plant and equipment, additions, gross
Property, plant and equipment, deletions, gross
Other [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		39,294	$ 39,294
Property, plant and equipment, acquisitions, gross
Property, plant and equipment, additions, gross
Property, plant and equipment, deletions, gross	$ (39,294)

Goodwill and Long-Lived Asset_2

Goodwill and Long-Lived Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018
Goodwill	$ 13,355,591	$ 13,355,591	$ 13,355,591
Accumulated impairment losses	(7,559,063)	(7,559,063)	(7,559,063)
Goodwill, net of impairment losses	5,796,528	5,796,528	5,796,528
Goodwill acquired (disposed) during year
Impairment losses
Cellular Retail [Member]
Goodwill	5,765,284	5,765,284	5,765,284
Accumulated impairment losses
Goodwill, net of impairment losses	5,765,284	5,765,284	5,765,284
Goodwill acquired (disposed) during year
Impairment losses
Direct to Consumer Segment [Member]
Goodwill	31,244	31,244	31,244
Accumulated impairment losses
Goodwill, net of impairment losses	31,244	31,244	31,244
Goodwill acquired (disposed) during year
Impairment losses
Consumer Finance Segment [Member]
Goodwill	7,559,063	7,559,063	7,559,063
Accumulated impairment losses	(7,559,063)	(7,559,063)	(7,559,063)
Goodwill, net of impairment losses
Goodwill acquired (disposed) during year
Impairment losses

Goodwill and Long-Lived Asset_3

Goodwill and Long-Lived Assets (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross amortizable intangible assets	$ 10,369,533	$ 10,608,426	$ 6,381,318
Acquisitions, Gross	46,707	4,227,108
Acquisitions, accumulated amortization
Acquisitions	46,707	4,227,108
Additions, accumulated amortization	(794,688)	(534,898)
Additions	(794,688)	(534,898)
Deletions, gross	(285,600)
Deletions, accumulated amortization	212,922
Deletions	(72,678)
Acquisition Non-amortizable trademarks
Less accumulated amortization	(6,202,423)	(5,620,657)	(5,085,759)
Net Amortizable Intangible Assets	4,167,110	4,987,769	1,295,559
Non-amortizable trademarks
Intangible Assets, net	4,167,110	4,987,769	1,295,559
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amortizable intangible assets	10,142,533	10,381,426	6,154,318
Acquisitions, Gross	46,707	4,227,108
Deletions, gross	(285,600)
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amortizable intangible assets	227,000	227,000	$ 227,000
Acquisitions, Gross
Deletions, gross

Goodwill and Long-Lived Asset_4

Goodwill and Long-Lived Assets (Details 2) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
2019	$ 687,155
2020	597,489
2021	528,113
2022	489,214
2023	481,550
Thereafter	1,383,589
Finite-Lived Intangible Assets, Net	$ 4,167,110	$ 4,987,769	$ 1,295,559

Deferred Revenue and Other Li_3

Deferred Revenue and Other Liabilities (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred Revenue Disclosure [Abstract]
Deferred financing fees	$ 218,729	$ 239,699
Merchandise credits and gift card liability	794,043	833,901
Total	$ 1,012,772	$ 1,073,600

Leases (Details)

Leases (Details)	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 5,896
2020	3,878
2021	2,259
2022	917
2023	290
Thereafter	33
Total minimum lease payments	$ 13,273

Leases (Details Narrative)

Leases (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Rent expense	$ 9,505,000	$ 10,100,000
Lease term	6 years

Notes Payable - Long Term (Deta

Notes Payable - Long Term (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total	$ 789,216
Less current maturities
Notes payable, noncurrent	789,216	$ 789,216
Note Payable to Seller [Member]
Debt Instrument [Line Items]
Total	$ 789,216	$ 789,216

Notes Payable - Long Term (De_2

Notes Payable - Long Term (Details 1)	Dec. 31, 2018USD ($)
Debt Disclosure [Abstract]
2019
2020
2021
2022	789,216
Thereafter
Long-term Debt	$ 789,216

Notes Payable - Long Term (De_3

Notes Payable - Long Term (Details Narrative) - USD ($)	Apr. 22, 2016	Dec. 31, 2018
Debt Instrument [Line Items]
Remaining maximum borrowing capacity		$ 12,000,000
Note Payable To Interest Payments [Member]
Debt Instrument [Line Items]
Maturity date		Aug. 5, 2022
Stated interest rate		6.00%
Credit Facilities Overview [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maturity date	Apr. 21, 2020
Description of variable rate	One-month LIBOR plus 3.50%
Equity debt	$ 3,000,000
Credit Facilities Overview [Member] | Acquisition Loan Facility [Member]
Debt Instrument [Line Items]
Maturity date	Apr. 21, 2020
Maximum borrowing capacity	$ 9,000,000
Description of maturity date	Mature five years from the date of advance.

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Current:
Federal		$ 390,000
State	42,000	(54,000)
Current Income Tax Expense (Benefit)	42,000	336,000
Deferred:
Federal	(574,000)	331,000
State	(87,000)	64,000
Deferred Income Tax Expense (Benefit)	(661,000)	395,000
Income tax expense (benefit)	$ (619,000)	$ 731,000

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Allowance for accounts and loans receivable	$ 216,000	$ 220,000
Inventory capitalization	57,000	64,000
Inventory reserve	136,000	122,000
Accrued expenses	116,000	115,000
Net operating loss carryforward	135,000
Prepaid expense	(243,000)	(220,000)
Property and equipment	(686,000)	(730,000)
Goodwill and intangible assets	259,000	565,000
Installment sale proceeds receivable	(785,000)	(1,592,000)
Net deferred income tax asset (liability)	$ (795,000)	$ (1,456,000)

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income tax expense (benefit) using the statutory federal rate	$ (449,000)	$ 817,000
State income taxes, net of federal benefit	(55,000)	(36,000)
Non-deductible meal and entertainment	9,000	11,000
Noncontrolling interest's pass through income	(163,000)	(91,000)
Tax Reform Act		25,000
Share based compensation		9,000
Other	39,000	(4,000)
Income tax expense (benefit)	$ (619,000)	$ 731,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)
Income Tax Disclosure [Abstract]
Net operating loss	$ 500,000
Statutory tax rate	21.00%

Equity (Details)

Equity (Details) - WCR 2015 Stock Incentive Plan [Member]	12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]
Outstanding and nonvested at beginning | shares
Granted | shares
Vested | shares
Forfeited | shares
Outstanding and nonvested at ending | shares
Exercisable at ending | shares	65,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding and nonvested at beginning
Granted
Vested
Forfeited
Outstanding and nonvested at ending
Exercisable at ending	$ 6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Aggregate Intrinsic Value [Roll Forward]
Outstanding and nonvested at beginning | $
Granted
Vested | $
Forfeited
Outstanding and nonvested at ending | $
Exercisable at ending | $

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Feb. 06, 2015	Feb. 02, 2008
PQH Wireless, Inc. [Member] | Cellular Retail [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of equity method investment	100.00%
PQH Wireless, Inc. [Member] | Cellular Retail [Member] | PQH South LLC. [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of equity method investment	70.00%
2015 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	65,000
Vesting option granted date	Feb. 9, 2015
Expiration period	10 years
2008 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved for future issuance (in shares)			100,000
WCR 2015 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved for future issuance (in shares)		100,000
Options granted
Vested option
Unrecognized stock-based compensation expense	$ 0

Dividends (Details)

Dividends (Details)	12 Months Ended
	Dec. 31, 2018USD ($)$ / shares
Dividends [Member]
Date Declared	Jan. 18, 2018
Record Date	Feb. 9, 2018
Dividend Per Share | $ / shares	$ 0.05
Payment Date	Feb. 14, 2018
Dividend Paid | $	$ 469,550
Dividends One [Member]
Date Declared	May 2, 2018
Record Date	May 17, 2018
Dividend Per Share | $ / shares	$ 0.05
Payment Date	May 24, 2018
Dividend Paid | $	$ 469,550
Dividends Two [Member]
Date Declared	Jul. 27, 2018
Record Date	Aug. 19, 2018
Dividend Per Share | $ / shares	$ 0.05
Payment Date	Aug. 26, 2018
Dividend Paid | $	$ 469,550
Dividends Three [Member]
Date Declared	Nov. 9, 2018
Record Date	Dec. 4, 2018
Dividend Per Share | $ / shares	$ 0.05
Payment Date	Dec. 14, 2018
Dividend Paid | $	$ 469,433

Other Operating Expenses (Detai

Other Operating Expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other Income and Expenses [Abstract]
Bank fees	$ 1,915,795	$ 2,057,187
Collection costs	331,712	367,039
Insurance	867,204	884,477
Management and advisory fees	794,800	741,624
Professional and consulting fees	1,935,561	2,354,455
Supplies	702,371	1,339,756
Disposal loss on closed/sold locations	1,731,893
Other	2,538,773	2,737,092
Total other expenses	$ 10,818,109	$ 10,481,630

Acquisitions (Details)

Acquisitions (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Jul. 02, 2017
Property and equipment	$ 30,000	$ 1,170,000
Asset Purchase Agreement [Member] | PQH Wireless, Inc. [Member]
Inventory			$ 217,000
Property and equipment			1,170,000
Intangible assets			4,227,000
Other assets			103,000
Liability assumed			(22,000)
Net assets acquired			$ 5,695,000

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - Asset Purchase Agreement [Member] - PQH Wireless, Inc. [Member]	Jul. 02, 2017USD ($)Number
Interest rate	70.00%
Number of stores | Number	53
Percentage of equity method investment	70.00%
Aggregate purchase price	$ 6,000,000
Percentage of equity method investment exercised	30.00%
Percentage of net assets acquired	100.00%
Net assets acquired	$ 5,695,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	Oct. 02, 2017	Dec. 31, 2018	Dec. 31, 2017
OTHER INCOME (EXPENSE) OF DISCONTINUED OPERATIONS
INCOME BEFORE INCOME TAXES OF DISCONTINUED OPERATIONS			$ 3,021,048
PROVISION FOR INCOME TAXES OF DISCONTINUED OPERATIONS			23,415,000
NET INCOME OF DISCONTINUED OPERATIONS			36,305,066
Less net income of discontinued operations attributable to noncontrolling interests			$ (12,815)
Franchise Segment Discontinued Operations [Member]
REVENUES OF DISCONTINUED OPERATIONS	$ 12,382,543
COST OF REVENUES OF DISCONTINUED OPERATIONS	2,116,451
GROSS PROFIT OF DISCONTINUED OPERATIONS	10,266,092
OPERATING EXPENSES OF DISCONTINUED OPERATIONS:
Salaries, wages and benefits	3,769,655
Occupancy	141,847
Advertising, marketing and development	441,542
Depreciation	74,837
Amortization	260,208
Other	2,361,868
TOTAL OPERATING EXPENSES OF DISCONTINUED OPERATIONS	7,049,957
OPERATING INCOME OF DISCONTINUED OPERATIONS	3,216,135
OTHER INCOME (EXPENSE) OF DISCONTINUED OPERATIONS
Interest expense	(195,087)
Gain on sale	56,699,018
INCOME (LOSS) FROM CONTINUING OPERATIONS, NET OF TAX, INCLUDING PORTION ATTRIBUTABLE TO NONCONTROLLING INTERES	56,503,931
INCOME BEFORE INCOME TAXES OF DISCONTINUED OPERATIONS	59,720,066
PROVISION FOR INCOME TAXES OF DISCONTINUED OPERATIONS	23,415,000
NET INCOME OF DISCONTINUED OPERATIONS	36,305,066
Less net income of discontinued operations attributable to noncontrolling interests	(12,815)
NET INCOME OF DISCONTINUED OPERATIONS ATTRIBUTABLE TO WESTERN COMMON SHAREHOLDERS	$ 36,292,251

Discontinued Operations (Deta_2

Discontinued Operations (Details 1) - USD ($)	Oct. 02, 2017	Dec. 31, 2018	Dec. 31, 2017
Adjustments to reconcile net income of discontinued operations to net cash provided by operating activities of discontinued operations:
Depreciation		$ 1,899,114	$ 1,809,525
Amortization		794,688	534,898
Share based compensation			27,924
Deferred income taxes		(661,000)	570,000
Changes in operating assets and liabilities:
Accounts receivable		270,863	(67,414)
Prepaid expenses and other assets		260,618	(32,425)
Accounts payable and accrued expenses		(18,812,565)	(1,418,872)
Deferred revenue and other current liabilities		(221,932)	(42,072)
Net cash provided by operating activities of discontinued operations			1,845,756
INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS
Purchase of property and equipment		(960,883)	(2,616,616)
Proceeds from the sale of stock of discontinued operations		12,000	16,959
Net cash provided by (used in) investing activities of discontinued operations			48,252,690
FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS
Payments on notes payable - long-term			(5,128,896)
Payments from (dividends to) shareholders		(1,878,083)	(939,100)
Net cash used in financing activities of discontinued operations			$ (4,407,042)
Franchise Segment Discontinued Operations [Member]
DISCONTINUED OPERATING ACTIVITIES
Net income of discontinued operations	$ 1,838,109
Adjustments to reconcile net income of discontinued operations to net cash provided by operating activities of discontinued operations:
Depreciation	74,837
Amortization	260,207
Share based compensation	6,730
Deferred income taxes	(138,000)
Contract termination	893,086
Changes in operating assets and liabilities:
Accounts receivable	(391,691)
Prepaid expenses and other assets	30,755
Accounts payable and accrued expenses	(458,596)
Deferred revenue and other current liabilities	(335,525)
Other liabilities - long-term	65,844
Net cash provided by operating activities of discontinued operations	1,845,756
INVESTING ACTIVITIES OF DISCONTINUED OPERATIONS
Purchase of property and equipment	(30,024)
Proceeds from the sale of stock of discontinued operations	48,282,714
Net cash provided by (used in) investing activities of discontinued operations	48,252,690
FINANCING ACTIVITIES OF DISCONTINUED OPERATIONS
Payments on notes payable - long-term
Principal payments on capital lease obligations	(7,620)
Payments from (dividends to) shareholders	(4,399,422)
Net cash used in financing activities of discontinued operations	$ (4,407,042)

Discontinued Operations (Deta_3

Discontinued Operations (Details Narrative) - Sale Agreement [Member] - Alpha Graphics, Inc. [Member]	Oct. 02, 2017USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation consideration	$ 61,500,000
Maximum aggregate liability for indemnification claims	$ 6,500,000
Description of indemnification claims	The Company’s maximum aggregate liability for indemnification claims for any such inaccuracies or breaches is generally limited to an indemnification escrow of $6,500,000, 50% of which was disbursed 12 months following the closing, with the remaining balance (less any indemnification claims) to be disbursed 24 months following the closing.
Proceeds from the sale of franchise segment	$ 49,000,000
Current balance of Fifth Third credit facility	4,300,000
Debt transaction costs	$ 1,600,000

Segment Information (Details)

Segment Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenues from external customers	$ 114,264,960	$ 121,520,544
Depreciation and amortization	2,694,000	2,344,000
Interest expense	189,281	302,558
Income tax expense (benefit)	(619,000)	731,000
Net income (loss)	(1,520,709)	1,673,007
Total segment assets	80,439,843	104,244,156
Expenditures for segmented assets	1,038,000	8,338,000
Cellular Retail [Member]
Segment Reporting Information [Line Items]
Revenues from external customers	65,096,000	69,547,000
Depreciation and amortization	2,121,000	1,811,000
Interest expense	47,000	171,000
Income tax expense (benefit)	(570,000)	(410,000)
Net income (loss)	(1,272,000)	(50,000)
Total segment assets	24,816,000	28,337,000
Expenditures for segmented assets	512,000	7,915,000
Direct to Consumer [Member]
Segment Reporting Information [Line Items]
Revenues from external customers	38,433,000	40,993,000
Depreciation and amortization	512,000	453,000
Interest expense	5,000	132,000
Income tax expense (benefit)	(136,000)	667,000
Net income (loss)	(480,000)	1,837,000
Total segment assets	13,769,000	14,357,000
Expenditures for segmented assets	504,000	414,000
Consumer Finance [Member]
Segment Reporting Information [Line Items]
Revenues from external customers	10,736,000	10,981,000
Depreciation and amortization	51,000	64,000
Income tax expense (benefit)	397,000	987,000
Net income (loss)	1,117,000	779,000
Total segment assets	7,408,000	7,523,000
Expenditures for segmented assets	22,000	1,000
Corporate [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	10,000	16,000
Interest expense	137,000
Income tax expense (benefit)	(307,000)	(513,000)
Net income (loss)	(885,000)	(886,000)
Total segment assets	$ 34,447,000	54,027,000
Expenditures for segmented assets		$ 8,000

Segment Information (Details N

Segment Information (Details Narrative)	12 Months Ended
	Dec. 31, 2018Number
Segment Reporting [Abstract]
Number of operating segment	4

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Aug. 16, 2017	Dec. 31, 2018	Dec. 31, 2017
Amended and Restated Employment Agreement [Member] | Mr. Angel Donchev [Member] | Maximum [Member]
Bonus arrangement current	$ 135,000
Other Employment Agreement [Member]
Bonus arrangement current		$ 286,000	$ 348,000

Management and Advisory Agree_2

Management and Advisory Agreement (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other fee payable description	The second amended and restated management requires the Company to pay Blackstreet a fee in an amount equal to $400,000 upon the closing of an acquisition in consideration for Blackstreet’s referral to the Company of such acquisition opportunity, and Blackstreet’s assistance in the performance of due diligence services relating thereto.
Management fee payable description	The annual fees under the agreement equal the greater of (i) $674,840 (subject to annual increases of five percent) or (ii) five percent of Western Capital’s “EBITDA” as defined under the agreement.
Investment Advisory, Management and Administrative Service [Member]
Total Revenues	$ 697,335	$ 641,624

Committees of the Board of Di_2

Committees of the Board of Directors (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Committees Of Board Of Directors
Director committees fees expense	$ 21,000	$ 38,000

Related Party Transactions (De

Related Party Transactions (Details Narrative)	Aug. 31, 2011USD ($)Number	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)
New Lease Property [Member] | Ladary Inc [Member]
Number of properties | Number	2
Lease payments	$ 4,200
Lease term	4 years
Number of operating leases | Number	2
Other Related Party [Member]
Number of properties | Number		3
Other Related Party [Member] | Lease Property Month-To-Month [Member]
Lease payments		$ 1,680
Other Related Party [Member] | Lease Property Month-To-Month [Member]
Lease payments		1,200
Other Related Party [Member] | Lease Property Month-To-Month [Member]
Lease payments		5,500
Related Party [Member]
Lease payments		205,000	$ 170,000
Related Party [Member] | Latter Lease [Member]
Lease payments		$ 6,696
Lease term		5 years

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] - $ / shares	Feb. 12, 2019	Feb. 01, 2019
Subsequent Event [Line Items]
Date declared	Feb. 12, 2019
Record Date	Mar. 1, 2019
Dividend Per Share	$ 0.05
Payment Date	Mar. 11, 2019
Description of cellular retail store exchange		In February 2019, the Company sold 35 Cricket Wireless retail locations to another Cricket Wireless dealer for $1.12 million and entered into a joint-venture arrangement with another Cricket Wireless dealer who contributed 27 retail locations to a newly formed limited liability company in exchange for a 49% interest in the new LLC, with PQH Wireless owning the other 51%.