Recycling Asset (IDSA) 10-K 31 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 27, 2017	Jun. 30, 2016
Entity Information [Line Items]
Entity Registrant Name	INDUSTRIAL SERVICES OF AMERICA INC /FL
Entity Central Index Key	4,187
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		8,074,541
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 8,890,553

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 526	$ 642
Income tax receivable	14	14
Accounts receivable – trade after allowance for doubtful accounts of $35.0 thousand in 2016 and 2015	3,361	1,669
Receivables from related parties (Note 10)	150	208
Inventories (Note 1)	3,437	2,410
Prepaid expenses and other current assets	216	160
Total current assets	7,704	5,103
Net property and equipment (Note 1)	13,068	14,152
Other assets
Deferred income taxes (Note 7)	27	97
Other non-current assets	57	82
Total other assets	84	179
Total assets	20,856	19,434
Current liabilities
Current maturities of long-term debt (Note 3)	2,942	20
Current maturities of capital lease obligations (Note 4)	198	0
Bank overdrafts	79	0
Accounts payable	1,605	2,152
Payable and accrued expenses to related parties (Note 10)	578	1,922
Other current liabilities	627	194
Total current liabilities	6,029	4,288
Long-term liabilities
Long-term debt, related parties (Note 3 and 10)	1,504	0
Capital lease obligations, net of current maturities (Note 4)	1,050	0
Total long-term liabilities	2,554	0
Shareholders’ equity
Common stock, $0.0033 par value: 20.0 million shares authorized in 2016 and 2015; 8,105,231 and 8,049,622 shares issued in 2016 and 2015, respectively; 8,074,541 and 8,018,932 shares outstanding in 2016 and 2015, respectively	27	27
Additional paid-in capital	23,912	23,555
Stock warrants outstanding	1,025	1,025
Retained losses	(12,647)	(9,417)
Treasury stock at cost, 30,690 shares in 2016 and 2015	(44)	(44)
Total shareholders’ equity	12,273	15,146
Total liabilities and shareholders’ equity	$ 20,856	$ 19,434

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Allowance for doubtful accounts	$ 35,000	$ 35,000
Common stock, par value	$ 0.0033	$ 0.0033
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	8,105,231	8,049,622
Common stock, shares outstanding	8,074,541	8,018,932
Treasury stock, shares	30,690	30,690

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenue from product sales	$ 36,505,000	$ 46,180,000
Cost of sales for product sales	35,086,000	49,105,000
Impairment loss, property and equipment	0	636,600
Inventory adjustment for lower of cost or market (Note 1)	0	1,283,000
Total cost of sales	35,086,000	51,025,000
Operating income (loss)	1,419,000	(4,845,000)
Total selling, general and administrative expenses	4,475,000	3,879,000
Loss before other income (expense)	(3,056,000)	(8,724,000)
Other income (expense)
Interest expense, including loan fee amortization	(509,000)	(695,000)
Gain on sale of assets	0	320,000
Gain on insurance proceeds	399,000	0
Other income, net	16,000	27,000
Total other expense	(94,000)	(348,000)
Loss before income taxes	(3,150,000)	(9,072,000)
Income tax provision (Note 7)	80,000	13,000
Net loss from continuing operations	(3,230,000)	(9,085,000)
Income from discontinued operations, net of tax, including gain of $6.0 million in 2015	0	7,320,000
Net Loss	$ (3,230,000)	$ (1,765,000)
Continuing operations, basic (in dollars per share)	$ (0.40)	$ (1.14)
Discontinued operations, basic (in dollars per share)	0	0.92
Continuing operations, diluted (in dollars per share)	(0.40)	(1.14)
Discontinued operations, diluted (in dollars per share)	$ 0	$ 0.92
Weighted average shares outstanding:
Basic (in Shares)	8,048	7,989
Diluted (in Shares)	8,048	7,989

CONSOLIDATED STATEMENTS OF INC5

CONSOLIDATED STATEMENTS OF INCOME Parenthetical $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Income Statement [Abstract]
Discontinued operations, gain, net of tax	$ 6

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net loss	$ (3,230)	$ (1,765)
Other comprehensive income (loss):
Unrealized loss on derivative instruments	0	(5)
Amounts reclassified from accumulated other comprehensive income	0	15
Comprehensive loss	$ (3,230)	$ (1,755)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Warrants [Member]	Retained Losses [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2014	$ 16,505	$ 27	$ 23,249	$ 1,025	$ (7,652)	$ (10)	$ (134)
Balance (in Shares) at Dec. 31, 2014		8,049,622					(93,212)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock	189		99				$ 90
Common stock (in Shares)							62,522
Unrealized gain on derivative instruments	(5)					(5)
Amounts reclassified from accumulated other comprehensive income	15					15
Stock option compensation	207		207
Net loss	(1,765)				(1,765)
Balance at Dec. 31, 2015	15,146	$ 27	23,555	1,025	(9,417)	0	$ (44)
Balance (in Shares) at Dec. 31, 2015		8,049,622					(30,690)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock	0
Common stock (in Shares)		55,609
Unrealized gain on derivative instruments	0
Amounts reclassified from accumulated other comprehensive income	0
Stock option compensation	357		357
Net loss	(3,230)				(3,230)
Balance at Dec. 31, 2016	$ 12,273	$ 27	$ 23,912	$ 1,025	$ (12,647)	$ 0	$ (44)
Balance (in Shares) at Dec. 31, 2016		8,105,231					(30,690)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities
Net loss from continuing operations	$ (3,230,000)	$ (9,085,000)
Adjustments to reconcile net loss to net cash (used in) from operating activities:
Depreciation and amortization	2,297,000	2,354,000
Inventory write-down	0	1,283,000
Share-based compensation expense	357,000	207,000
Impairment loss, property and equipment	0	637,000
Gain on sale of property and equipment	0	(320,000)
Gain from insurance proceeds	(399,000)	0
Deferred income taxes	70,000	0
Amortization of loan fees included in interest expense	130,100	242,400
Change in assets and liabilities
Receivables	(1,692,000)	7,278,000
Receivables from related parties	58,000	201,000
Inventories	(1,027,000)	2,029,000
Income tax receivable/payable	0	(41,000)
Other assets	80,000	128,000
Accounts payable	(547,000)	(470,000)
Payables to related parties	160,000	521,000
Other current liabilities	433,000	66,000
Net cash (used in) from operating activities	(3,310,000)	5,030,000
Cash flows from investing activities
Proceeds from insurance claim	479,000	0
Proceeds from sale of property and equipment	0	2,117,000
Purchases of property and equipment	(8,000)	(21,000)
Net cash from investing activities	471,000	2,096,000
Cash flows from financing activities
Loan fees capitalized	(241,000)	0
Change in bank overdrafts	79,000	(79,000)
Payments on long-term debt	(20,000)	(16,253,000)
Proceeds from long-term debt	0	362,000
Payments on capital lease obligations	(37,000)	0
Proceeds from revolving line of credit, net	2,942,000	0
Net cash from (used in) financing activities	2,723,000	(15,970,000)
Cash flows from discontinued operations
Net cash provided by operating activities	0	1,783,000
Net cash provided by investing activities	0	6,644,000
Net cash from discontinued operations	0	8,427,000
Net change in cash and cash equivalents	(116,000)	(417,000)
Cash and cash equivalents at beginning of year	642,000	1,059,000
Cash and cash equivalents at end of year	526,000	642,000
Supplemental disclosure of cash flow information:
Cash paid for interest	300,000	532,000
Tax refunds received	5,000	2,000
Cash paid for income taxes	15,000	58,000
Supplemental disclosure of noncash investing and financing activities:
Increase (decrease) in equipment purchases accrual	0	(30,000)
Equipment additions financed by capital lease obligations	1,285,000	0
Conversion of related party payables to long-term debt, related parties	1,504,000	0
Common stock issued in exchange for a reduction of accrued but unpaid bonus compensation	0	189,000
Real estate sale proceeds used to offset accrued but unpaid bonus compensation	$ 0	$ 50,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Business Industrial Services of America, Inc. (a Florida corporation) and its subsidiaries ("ISA" or the "Company") purchases and sells ferrous and nonferrous materials at four Kentucky and Indiana locations. Additionally, ISA operates Pick.Pull.Save used automobile parts yard. All of these activities operate under the Company's Recycling Segment. During 2015, ISA sold substantially all of the Waste Services Segment assets. See Note 15 - Discontinued Operations for further information. Accordingly, as of December 4, 2015, the Company's operations are solely in the Recycling Segment. The Company's core business is now focused on the metal recycling industry. During 2016, the Company announced that the Company formed a special committee Also, on March 31, 2017, the Company entered into an amended credit facility with MidCap (see Note 3 - Long Term Debt and Notes Payable to Bank), which extended the maturity date of the Company's line of credit and increased the available borrowing capacity of the line of credit, subject to certain borrowing base restrictions and approvals. The Company also announced on October 4, 2016 that the Company and Algar mutually agreed to terminate the Management Agreement between them, pursuant to the Agreement to Terminate Management Services among the Company, Algar, and Sean Garber dated as of September 30, 2016. Effective September 30, 2016, Mr. Garber resigned from all positions with the Company, including as President. The Company's Response to 2015 and 2016 Commodity Markets and Liquidity Conditions During 2015, the Company's average selling price per unit of quantity decreased by 49.4% and 24.9% for ferrous and nonferrous material, respectively, compared to 2014. These decreases also led to significantly lower volumes of material available to the Company to buy and sell. Due to these deteriorating metals commodity market conditions, ISA took significant steps to improve liquidity and pay down debt during 2015 and 2016. Despite modest improvements in metal commodity markets during 2016, low prices combined with low volumes present a difficult ongoing metals recycling market . The Company took the below steps to address the challenging metal commodity market. On February 27, 2015, the Company closed on the sale of its Seymour, Indiana property. Also, in conjunction with this decision, the Company signed a lease, effective December 1, 2014, to lease a facility in the Seymour area. See Note 4 - Lease Commitments for further lease information and Note 10 - Related Party Transactions for further related party details. Proceeds were used to reduce debt and improve liquidity. On April 30, 2015, LK Property Investments, LLC ("LK Property"), an entity principally owned by Daniel M. Rifkin, CEO of MetalX LLC ("MetalX"), (a related party) a scrap metal recycling company headquartered in Waterloo, Indiana, and the principal owner of Recycling Capital Partners, LLC ("RCP") (a related party) purchased a 4.4 acre parcel of real estate located at 6709 Grade Lane, Louisville, KY from ISA Real Estate LLC, a wholly-owned subsidiary of the Company, for a purchase price of $1.0 million. The Company realized a loss of $102.0 thousand from this sale. Also on April 30, 2015, the Company entered into a lease agreement with LK Property for a portion of the 4.4 acre parcel. See Note 4 - Lease Commitments for further lease details. Proceeds were used to reduce debt and improve liquidity. On May 13, 2015, the Company announced the warm idle of the Company’s auto shredder. This action was in response to market conditions, primarily related to ferrous price volatility and lower ferrous volumes. Management will continue to monitor and analyze market conditions and to review the Company’s long-term options for its shredder and related downstream processing operation. The costs of idling were recognized in the 2015 financial statements. As a result of the continued operating losses from the shredder operations, management reviewed the carrying cost of the shredder, including the downstream processing system. The Company recognized an asset impairment charge of approximately $636.6 thousand related to the shredder’s downstream processing system. This charge was recorded in 2015 as an impairment charge on property and equipment within the cost of goods section in the accompanying consolidated statement of operations. As of the date of this report, the shredder remains idled. The Company continues to depreciate the assets associated with the shredder. Working capital, which would otherwise have been utilized in operating the shredder, was used to reduce debt and improve liquidity. In May 2015, ISA Real Estate, LLC sold to SG&D Ventures, LLC ("SG&D"), an entity owned by shareholders of Algar, Inc. ("Algar"), including Sean Garber, at that time the Company’s Vice Chairman of the Board and President, and the President of Algar, an approximately 1 $350.0 thousand. The purchase consideration consisted of $300.0 thousand in cash from the purchaser and a credit of $50.0 thousand against bonus compensation previously accrued but not paid to Algar as described in Note 10 - Related Party Transactions. The gain on sale of this asset was $1.1 thousand and was recognized during the second quarter of 2015. Proceeds were used to reduce debt and improve liquidity. On November 6, 2015, the Company entered into a Forbearance Agreement and Third Amendment to Credit Agreement (the “Forbearance Agreement”) by and among the Company, certain of the Company’s subsidiaries, and Wells Fargo Bank, National Association ("Wells Fargo"). The Forbearance Agreement amended the Credit Agreement to reduce the Maximum Revolver Amount from $15.0 million to $5.0 million. The Forbearance Agreement also amended the Credit Agreement Maturity Date to March 15, 2016 from June 13, 2019. The Forbearance Agreement increased the interest rate on the outstanding indebtedness by approximately 100 Pursuant to the terms of the Forbearance Agreement, Wells Fargo agreed that it would forbear, until the Forbearance Termination Date (as defined below), from exercising certain rights and remedies with respect to or arising out of the existence and continuation of certain stipulated events of default under the Credit Agreement between the loan parties and Wells Fargo (as amended by the First Amendment to Credit Agreement dated January 15, 2015, the Second Amendment to Credit Agreement dated January 22, 2015, and the Forbearance Agreement, the “Credit Agreement”). Under the Forbearance Agreement, the Forbearance Termination Date was the earlier to occur of (i) Wells Fargo’s election following the failure of the Loan Parties to satisfy any of the Forbearance Conditions, and (ii) March 15, 2016. See Note 3 - Long Term Debt and Notes Payable to Bank for further details. On December 4, 2015, the Company and WESSCO, LLC, a wholly owned subsidiary of ISA ("WESSCO"), entered into an Asset Purchase Agreement (the "Asset Purchase Agreement") with Compactor Rentals of America, LLC ("Compactor Rentals") pursuant to which the Company sold its “Waste Services Segment,” consisting of substantially all of the assets used in (i) the Company’s commercial, retail and industrial waste and recycling management services business which the Company operated under the name “Computerized Waste Systems” or “CWS,” and (ii) the Company’s equipment sales, rental and maintenance business for the commercial and industrial waste and recycling industry which the Company operated under the name “Waste Equipment Sales and Service Company" The Company received cash consideration at closing of $7.5 million, less $150.0 thousand retained by Compactor Rentals (the "Holdback"). In connection with the closing of the transaction, the Company entered into a transition services agreement with Compactor Rentals, pursuant to which the Company will provide certain services to Compactor Rentals until March 31, 2017 On April 1, 2016, the Company entered Amendment No. 1 to the Asset Purchase Agreement which extended the deadline for the Company to provide written notice if the Company objected to Compactor Rental’s calculation of the Holdback. On April 15, 2016, the Company entered into Amendment No. 2 to the Asset Purchase Agreement whereby the Company and Compactor Rentals agreed that the Holdback would be retained by Compactor Rentals based on a mutually-agreed upon calculation of working capital. Amendment No. 2 also detailed the parties’ agreement of the following: no indemnification claims would be made by Compactor Rentals arising out of certain matters; certain Compactor Rentals’ representatives did not have knowledge of any additional indemnification claims as of April 15, 2016; and the transition services agreement between the parties would be extended at no cost to Compactor Rentals through March 31, 2017. Compactor Rentals assumed certain liabilities relating to the Waste Services Segment, including but not limited to, current liabilities, warranty liabilities, and post-closing liabilities incurred in connection with transferred contracts The sale included substantially all of the assets of the Waste Services Segment including, but not limited to, current assets, accounts receivable, tangible personal property, certain leases, inventory, intellectual property, rights under transferred contracts, rights of action and all associated goodwill and other intangible assets associated with the transferred assets The Asset Purchase Agreement contains a restrictive covenant under which the Company is prohibited from competing with the Waste Services Segment for five See Note 15 - Discontinued Operations related to the sale of the Waste Services Segment. The Company used the proceeds from the transaction to pay transaction expenses, to repay in full the Company’s outstanding indebtedness with Bank of Kentucky, Inc., ("KY Bank") and to repay in full ISA’s term loan from Wells Fargo. The Company also used the proceeds to pay all outstanding amounts on ISA’s $5.0 million revolving line of credit with Wells Fargo which remained available following the closing. As of December 31, 2015, the revolving line of credit had an amount outstanding of approximately $19.7 thousand. On February 29, 2016, the Company entered into a Loan Agreement (the "2016 Loan") with MidCap Business Credit, LLC ("MidCap"). The 2016 Loan is secured by substantially all of the assets of the Company. Proceeds from this loan were used to pay transaction expenses and to pay off and close the remaining balance on the Wells Fargo revolving line of credit. On March 31 , 2017, the Company entered into an amendment to the 2016 Loan to increase the line of credit from $6.0 million to $8.0 million, subject to the satisfaction of certain borrowing base restrictions, and extend the maturity date to February 28, 2020. See Note 3 - Long Term Debt and Notes Payable to Bank for further details Liquidity Risk Factors The Company’s primary sources of liquidity during 2015 and 2016 were cash flows generated from asset sales, the idling of our auto shredder operation and the refinancing and availability of the Company's working line of credit. Notwithstanding the above, management believes it will have adequate liquidity for at least one year beyond the date this Form 10-K is issued. This determination is based on the following: improved operating results in recent months, operating and cash flow projections for 2017 and 2018, and the amended credit facility with MidCap which extends the maturity date to February 28, 2020 and increases the borrowing availability, subject to certain borrowing base restrictions and approvals as described in Note 3 - Long Term Debt and Notes Payables to Bank Revenue Recognition ISA records revenue for its recycling operations upon delivery of the related materials. Revenue for the equipment sales divisions was recorded upon delivery of the equipment to the customer. The Company provided installation and training on all equipment and it charged these costs to the customer, recording revenue in the period the service was provided. The Company was the middleman in the sale of the equipment and not a manufacturer. Any warranty was the responsibility of the manufacturer and therefore, no estimates were made for warranty obligations. Allowances for equipment returns were made on a case-by-case basis. Historically, returns of equipment were not material. See Note 15 - Discontinued Operations for further details. The Company's management services group provided customers with evaluation, management, monitoring, auditing and cost reduction consulting of customers’ non-hazardous solid waste removal activities. The Company recognized revenue related to the management aspects of these services when it delivered the services. The Company recorded revenue related to this activity on a gross basis because the Company was ultimately responsible for service delivery, had discretion over the selection of the specific service provided and the amounts to be charged, and was directly obligated to the subcontractor for the services provided. ISA was an independent contractor. If the Company discovered that third party service providers had not performed, either by auditing of the service provider invoices or communications from customers, then the service delivery dispute was resolved directly with the third party service supplier. Revenue from equipment rental was recognized monthly as earned. See Note 15 - Discontinued Operations for further details. Fair Value of Financial Instruments T he Company carries certain of its financial assets and liabilities at fair value on a recurring basis. These financial assets and liabilities are composed of cash and cash equivalents and derivative instruments (for part of 2015). Long-term debt is carried at cost, and the fair value is disclosed herein. In addition, the Company measures certain assets, such as long-lived assets, at fair value on a non-recurring basis to evaluate those assets for potential impairment. Fair value is defined as 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 In accordance with applicable accounting standards, the Company categorizes its financial assets and liabilities into the following fair value hierarchy: Level 1 – Financial assets and liabilities with values based on unadjusted quoted prices for identical assets or liabilities in an active market. Examples of Level 1 financial instruments include active exchange-traded securities. Level 2 – Financial assets and liabilities with values based on quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability. Examples of Level 2 financial instruments include various types of interest-rate and commodity-based derivative instruments, and various types of fixed-income investment securities. Pricing models are utilized to estimate fair value for certain financial assets and liabilities categorized in Level 2. Level 3 – Financial assets and liabilities with values based on prices or valuation techniques that require inputs that are both unobservable in the market and significant to the overall fair value measurement. These inputs reflect management’s judgment about the assumptions that a market participant would use in pricing the asset or liability, and are based on the best available information, some of which is internally developed. When determining the fair value measurements for financial assets and liabilities carried at fair value on a recurring basis, the Company considers the principal or most advantageous market in which it would transact and consider assumptions that market participants would use when pricing the asset or liability. When possible, ISA looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities. Nevertheless, certain assets and liabilities are not actively traded in observable markets, and the Company uses alternative valuation techniques to derive fair value measurements. The Company uses the fair value methodology outlined in the related accounting standards to value the assets and liabilities for cash, debt and derivatives. All of our cash is defined as Level 1 and all our debt is defined as Level 2. In accordance with this guidance, the following tables represent our fair value hierarchy for Level 1 and Level 2 financial instruments, in thousands, at December 31, 2016 and 2015 Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2016 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 526 $ — $ 526 Liabilities Current maturities of long term debt $ — $ (2,942 ) $ (2,942 ) Long term debt, related parties — ( 1,171 ) ( 1,171 ) Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2015 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 642 $ — $ 642 Liabilities Long term debt $ — $ (20 ) $ (20 ) The Company had no transfers in or out of Levels 1 or 2 fair value measurements. We have had no activity in Level 3, fair value measurements for the years ended December 31, 2016 or 2015 except for an impairment of property and equipment charge of $636.6 thousand for the year ended December 31, 2015 Estimates In preparing the consolidated financial statements in conformity with generally accepted accounting principles in the United States of America ("GAAP"), management must make estimates and assumptions. These estimates and assumptions affect the amounts reported for assets, liabilities, revenues and expenses, as well as affecting the disclosures provided. Examples of estimates include the allowance for doubtful accounts, estimates of realizability of deferred income tax assets and liabilities, estimates of inventory balances and values, and estimates of stock option and warrant values. The Company also uses estimates when assessing fair values of assets and liabilities acquired in business acquisitions as well as any fair value and any related impairment charges related to the carrying value of inventory and machinery and equipment, and other long-lived assets. Despite Discontinued Operations Prior year financial statements have been recast to reflect the sale of the Company’s Waste Services Segment assets in the fourth quarter of 2015 in accordance with the Financial Accounting Standards Board Accounting Standards Codification 205-20-55 within discontinued operations. Results of discontinued operations are excluded from the accompanying Notes to Consolidated Financial Statements for all periods presented, unless otherwise noted. See Note 15 - Discontinued Operations. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Upon consolidation, all inter-company accounts, transactions and profits have been eliminated. Cash and Cash Equivalents Cash and cash equivalents includes cash in banks with original maturities of three months or less. Cash and cash equivalents are stated at cost which approximates fair value, which in the opinion of management, are subject to an insignificant risk of loss in value. The Company maintains cash balances in excess of federally insured limits. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable consists primarily of amounts due from customers from product and brokered sales. The allowance for doubtful accounts totaled $35.0 thousand and $35.0 thousand at December 31, 2016 and 2015, respectively. The determination of the allowance for doubtful accounts includes a number of factors, including the age of the balance, estimated settlement adjustments, past experience with the customer account, changes in collection patterns and general economic and industry conditions. Interest is not normally charged on receivables, nor is collateral for receivables normally required. Potential credit losses from significant customers could adversely affect results of operations or financial condition. While the Company believes the allowance for doubtful accounts is adequate, changes in economic conditions or any weakness in the steel and metals industry could adversely impact future earnings. In general, the Company considers accounts receivable past due which are 30 to 60 days after the invoice date. Losses are charged off to the allowance when it is deemed further collection efforts will not provide additional recoveries. Major Customer : The Company had sales to a major customer that totaled approximately 12.5% of net sales f or the year ended December 31, 2016 December 31, 2016 December 31, 2015 10 Inventories: The Company's inventories primarily consist of ferrous and non-ferrous scrap metals, and are valued at the lower of average purchased cost or net realizable value ("NRV") based on the specific scrap commodity. See Impact of Recently Issued Accounting Standards at the end of Note 1. Quantities of inventories are determined based on our inventory systems and are subject to periodic physical verification using estimation techniques including observation, weighing and other industry methods. The Company recognizes inventory impairment and related adjustments when the NRV, based upon current market pricing, falls below recorded value or when the estimated volume is less than the recorded volume of the inventory. The Company records the loss in cost of sales in the period during which the loss is identified Certain assumptions are made regarding future demand and net realizable value in order to assess whether inventory is properly recorded at the lower of cost or NRV. Assumptions are based on historical experience, current market conditions and remaining costs of processing (if any) and disposal. If the anticipated future selling prices of scrap metal and finished steel products should decline, the Company would re-assess the recorded NRV of the inventory and make any adjustments believed necessary in order to reduce the value of the inventory (and increase cost of sales) to the lower of cost or NRV. Management spent much of 2014 and early 2015 working to assess the Company's automobile shredder residue ("ASR") process. Significant process and strategy changes associated with the ASR process were made. These changes, combined with the significant metals market reduction in market demand and prices experienced in late 2014 and through 2015, caused management to perform a lower of cost-or-market assessment, which resulted in inventory write-downs of $1.3 million for the year ended of December 31, 2015. The Company did not have a lower of cost-or-NRV inventory write-down for the year ended December 31, 2016 . Some commodities are in saleable condition at acquisition. The Company purchases these commodities in small amounts until it has a truckload of material available for shipment. Some commodities are not in saleable condition at acquisition. These commodities must be shredded, torched or baled. ISA does not have work-in-process inventory that needs to be manufactured to become finished goods. The Company includes processing costs in inventory for all commodities by weight Inventories as of December 31, 2016 and 2015 consist of the following: December 31, 2016 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 2,222 $ 805 $ 410 $ 3,437 December 31, 2015 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 1,354 $ 652 $ 404 $ 2,410 Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over the estimated useful lives of the related property. Property and equipment, in thousands, as of December 31, 2016 and 2015 consist of the following: Life 2016 2015 Land $ 4,993 $ 4,993 Equipment and vehicles 1-10 years 26,606 25,363 Office equipment 1-7 years 1,624 1,624 Building and leasehold improvements 5-40 years 7,708 7,821 $ 40,931 $ 39,801 Less accumulated depreciation 27,863 25,649 $ 13,068 $ 14,152 Depreciation expense for the years ended December 31, 2016 and 2015 $2.3 million and $2.4 million, respectively. Of the $2.3 million of depreciation expense recognized in 2016 $ 2.2 $0.1 $2.4 million of depreciation expense recognized in 2015 $2.2 million was recorded in cost of sales, and $0.2 million was recorded in general and administrative expense. Certain Banking Expenses The Company has included certain banking costs relating to our loans and loan restructuring within interest expense. The loan fees amortization totaled $130.1 thousand and $242.4 thousand for the years ended December 31, 2016 and 2015, respectively. On November 6, 2015, the Company and Wells Fargo entered into a forbearance agreement that changed the maturity date of the debt related to these certain banking expenses to March 15, 2016. Additionally, on December Shipping and Handling Fees and Costs Shipping and handling charges incurred by the Company are included in cost of sales and shipping charges billed to the customer are included in revenues in the accompanying consolidated statements of operations. Advertising Expense Advertising costs are charged to expense in the period the costs are incurred. Advertising expense was $0.8 thousand and $2.4 thousand for the years ended December 31, 2016 and 2015 , respectively. Derivative and Hedging Activities The Company is exposed to market risk stemming from changes in metal commodity prices, and interest rates. In the normal course of business, the Company actively manages its exposure to interest rate risks by entering into various hedging transactions, authorized under established policies that place clear controls on these activities. Derivative financial instruments previously used consist of interest rate swap contracts. Derivative financial instruments are accounted for under the provisions of the FASB's authoritative guidance titled “ASC 815 - Derivatives and Hedging.” Under these standards, derivatives are carried on the balance sheet at fair value. The Company's interest rate swaps were designated as a cash flow hedge, and the effective portions of changes in the fair value of the derivatives were recorded as a component of other comprehensive income or loss and were recognized in the statement of operations when the hedged item affected earnings. Ineffective portions of changes in the fair value of cash flow hedges were recognized in gain or loss on derivative liabilities. Cash flows related to derivatives were included in operating activities. As of December 31, 2016 and 2015 The Company does not enter into any interest rate swap derivative instruments for trading purposes. The Company recognizes as an adjustment to interest expense the differential paid or received on interest rate swaps. The change in the fair value of the interest rate swap, which was established as an effective hedge, was included in other comprehensive income. The Company includes the required disclosures for interest rate swaps in Note 3 – Long Term Debt and Notes Payable to Bank. During 2016 2015 , we did not use derivative instruments in the form of commodity hedges to assist in managing our commodity price risk. We do not enter into any commodity hedges for trading purposes. Income Taxes Deferred income taxes are recorded to recognize the tax consequences on future years of differences between the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as “temporary differences,” and for net operating loss carry-forwards subject to an ongoing assessment of realizability. Deferred income taxes are measured by applying current tax laws. The Company uses the deferral method of accounting for available state tax credits relating to the purchase of the shredder equipment. The FASB has issued guidance, included in the ASC, related to the accounting for uncertainty in income taxes recognized in financial statements. The Company recognizes uncertain income tax positions using the "more-likely-than-not" approach as defined in the ASC. The amount recognized is subject to estimate and management’s judgment with respect to the most likely outcome for each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The Company has no liability for uncertain tax positions recognized as of December 31, 2016 and 2015 . As a policy, the Company recognizes interest accrued related to unrecognized tax positions in interest expense and penalties in operating expenses. See also Note 7 - Income Taxes for additional information relating to income taxes. Earnings (Loss) Per Share Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding during the year. Diluted earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding plus the dilutive effect of stock options and warrants. Accumulated Other Comprehensive Income (Loss) Comprehensive income (loss) is net income (loss) plus certain other items that are recorded directly to shareholders’ equity. Amounts included in accumulated other comprehensive loss for our derivative instruments are not recorded net of tax in 2015 due to the valuation allowance recorded. See Note 7 - Income Taxes for additional information relating to the valuation allowance. There are no amounts included in accumulated other comprehensive loss for derivative instruments in 2016. Stock Option Arrangements The Company has a Long Term Incentive Plan adopted in 2009 ("LTIP") under which it may grant equity awards for up to 2.4 million shares of common stock, which are reserved by the Board of Directors for issuance of equity awards. The Company provides compensation benefits by granting stock options and other share-based awards to employees and directors The exercise price of each option is equal to the market price of the Company's stock on the date of grant. The maximum term of the option is five years. The plan is accounted for based on FASB’s authoritative guidance titled "ASC 718 - Compensation - Stock Compensation. " The Company recognizes share-based compensation expense for the fair value of the awards, on the date granted, on a straight-line basis over their vesting term (service period). Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on our historical experience and future expectations. The Company uses the grant date stock price to value the Company's restricted stock units. The fair value of each restricted stock unit is estimated on the date of grant. The Company uses the Modified Black-Scholes-Merton option-pricing model to value the Company's stock options for each employee stock option award. Using these option pricing models, the fair value of each stock option award is estimated on the date of grant There are two significant inputs into the stock option pricing models: expected volatility and expected term. The Company estimates expected volatility based on traded option volatility of the Company's stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under the Company's stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. The expected term assumption incorporates the contractual term of an option grant, as well as the vesting period of an award. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The assumptions used in calculating the fair value of stock-based payment awards represent management's best estimates, but these estimates involve inherent uncertainties and the application of management's judgment. As a result, if factors change and different assumptions are used, stock-based compensation expense could be ma

MANAGEMENT SERVICES AGREEMENT W

MANAGEMENT SERVICES AGREEMENT WITH ALGAR, INC.	12 Months Ended
	Dec. 31, 2016
MANAGEMENT SERVICES AGREEMENT WITH ALGAR, INC. [Abstract]
Management Services Agreement with Algar, Inc.	NOTE 2 - MANAGEMENT SERVICES AGREEMENT WITH ALGAR, INC. On December 2, 2013, the Company and Algar entered into a Management Services Agreement (the “Management Agreement”). The term of the Management Agreement was effective December 1, 2013 with a contractual term expiring on December 31, 2016, subject to earlier termination upon mutual agreement or upon circumstances set forth in the agreement. On September 30, 2016 (the "Termination Effective Date"), the Company and Algar mutually agreed to terminate the Management Agreement pursuant to the Termination Agreement. See the details below. Under the Management Agreement, Algar provided the Company with day-to-day senior executive level operating management services. Algar also provided business, financial, and organizational strategy and consulting services, as the Company’s board of directors reasonably requested from time to time The Management Agreement gave Algar the right to appoint the Company’s President and one seven two one The Company appointed Sean Garber to the Company’s board of directors on October 15, 2014. Mr. Garber was also appointed Vice Chairman at that time. On December 2, 2013, in connection with the Management Agreement, the Company’s board of directors appointed Mr. Garber as President. Mr. Garber replaced Orson Oliver who had been serving as interim President. As of December 31, 2016, Mr. Oliver continues to serve as the Company’s Chairman and interim Chief Executive Officer. Mr. Garber, Algar’s Chairman and Chief Executive Officer, formerly served as the Company’s President from 1997 to 2000. Mr. Garber is also Algar’s largest shareholder. Algar is located in Louisville, Kentucky and specializes in the procurement and sale of new and used auto parts as well as automotive and metal recycling. Effective September 30, 2016, pursuant to the Termination Agreement, Mr. Garber resigned from all positions with the Company, including as President, and the Board appointed Todd Phillips as President. Mr. Phillips has been the Company's CFO since December 31, 2014 and will continue to serve in that role. The Company was required to reimburse Algar on a monthly basis for its pre-approved expenses, as defined in the Management Agreement, including expenses associated with the salaries of its executive appointees and employees. Under the Management Agreement, through the Termination Effective Date, the Company reimbursed Algar for the portion of Mr. Garber’s salary that was attributable to Algar’s services under the Management Agreement in an amount not exceeding $20.8 thousand per month, or $250.0 thousand per year plus other expenses. Also, under the Management Agreement, Algar was to be paid a bonus in an amount equal to 10.0% of any year-over-year increase in the Company’s adjusted pre-tax income during the term. See Note 10 - Related Party Transactions for discussion of amounts. S ubject to shareholder approval and restrictions on exercisability set forth in a Stock Option Agreement entered into on December 2, 2013 between the Company and Algar (the “Stock Option Agreement”), the Company granted Algar an option to purchase a total of 1.5 million shares of Company common stock at an exercise price per share of $5.00. The Company's shareholders approved the Algar Options on October 15, 2014. On September 30, 2016, the Company and Algar mutually agreed to terminate the Management Agreement. As part of the agreement to terminate the Management Agreement, the Stock Option Agreement was also terminated. None of the options were exercised. In connection with the Management Agreement, Mr. Garber and Orson Oliver, the Company’s interim Chief Executive Officer and Chairman of the Board of Directors, received an Irrevocable Proxy from each of Harry Kletter, K & R, LLC (K&R) and the Harry Kletter Family Limited Partnership (collectively, “Kletter”), which provided Mr. Oliver and Mr. Garber joint voting authority over the shares owned by Kletter, approximately 27.0% of the Company’s issued and outstanding common stock. As of December 31, 2013, Kletter was the Company’s largest shareholder. Mr. Garber and Mr. Oliver terminated the Irrevocable Proxies that were received in connection with the Management Agreement as of the Termination Effective Date.

LONG TERM DEBT AND NOTES PAYABL

LONG TERM DEBT AND NOTES PAYABLE TO BANK	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Long Term Debt and Notes Payable to Bank	NOTE 3 - LONG TERM DEBT AND NOTES PAYABLE TO BANK Summary: During 2014, the Company had certain loans with Wells Fargo and certain loans with KY Bank. As of December 31, 2014, the Company was in default under the Wells Fargo loans and during the second half of 2015 entered into a Forbearance Agreement with Wells Fargo whereby the due dates on the loans were accelerated and the Company was required to take certain actions. During 2015, as more fully described in Note 1 - Summary of Significant Accounting Policies and General, the Company took steps to pay down debt and increase liquidity. On December 4, 2015, in conjunction with the sale of substantially all assets of the Company’s Waste Services Segment, the Company paid off the KY Bank loans and certain Wells Fargo loans. As of December 31, 2015, the Company had an outstanding balance of $19.7 thousand to Wells Fargo. Additionally, on February 29, 2016, the Company closed on new financing with MidCap and paid off in full remaining amounts due to Wells Fargo. Additionally on February 29, 2016, the Company converted certain amounts payable to related parties into unsecured term notes payable to the same related parties as more fully described in Note 10 - Related Party Transactions. See Note 1 - Summary of Significant Accounting Policies and below for further details. MidCap: On February 29, 2016, the Company entered into the 2016 Loan with MidCap, which was a $6.0 million senior, secured asset-based line of credit with MidCap. The Company may borrow up to the sum of (a) 85% of the value of its eligible domestic accounts receivable; (b) the lesser of (i) $2.5 million, and (ii) 75% of the net orderly liquidation value of eligible inventory; and (c) the lesser of (i) $500,000, and (ii) 40% of appraised net forced liquidation value of eligible fixed assets (the "Equipment Sublimit"). The Equipment Sublimit shall amortize monthly on a straight line basis over sixty Proceeds from this loan were used to pay transaction expenses, pay off and close the remaining balance on the Wells Fargo revolving line of credit and fund working capital requirements. The interest rate on the 2016 Loan is equal to the prime rate (3.75% as of January 23, 2017) plus 250 In the Event of a Default (as defined in the 2016 Loan Agreement), the interest rate will increase by 300 The 2016 Loan also has a monthly collateral-monitoring fee equal to 27.5 100 50 The 2016 Loan has a maturity date of February 28, 2018. The borrowings under the revolving credit agreement are classified as short-term obligations under GAAP as the agreement with MidCap contains a subjective acceleration clause and requires the Company to maintain a lockbox arrangement with the lender. The Company is subject to a prepayment fee of $120.0 thousand if the 2016 Loan is terminated or prepaid before the one The Company is subject to a prepayment fee of $60.0 thousand if the 2016 Loan is terminated or prepaid after the one The $60.0 thousand fee is reduced to zero eighteen Interest and monthly fees under the 2016 Loan are payable monthly in arrears. The 2016 Loan Agreement contains a minimum line availability covenant equal to $350.0 thousand. This covenant may be replaced by a Fixed Charge Coverage Ratio ("FCCR") covenant once the Company has achieved a FCCR of 1.0 The Company granted MidCap a first priority security interest in all of the assets of ISA pursuant to a Security Agreement. The Company is allowed to sell or refinance up to $3.0 million in fair market value of real property provided (i) the proceeds from such refinance or sale remain with the Company; and (ii) no event of default exists at the time of such refinance or sale. On March 31, 2017, the Company and each of its wholly-owned subsidiaries entered into an amendment to the 2016 Loan with MidCap ("First Amendment"). The First Amendment increased the line of credit from $6.0 million to $8.0 million and extended the maturity date to February 28, 2020. As amended, the line of credit permits the Company to borrow an amount under the 2016 Loan equal to the lesser of (A) $8.0 million; and (B)(i) 85% of the value of the Company’s eligible domestic accounts receivable, plus (ii) the lesser of (x) $2.5 million and (y) 75% of the net orderly liquidation value of eligible inventory, plus (iii) the lesser of (x) $400,000 and (y) 40% of appraised net forced liquidation value of eligible fixed assets, plus (iv) the lesser of (x) $1.75 million and (y) 45% of the appraised value of certain properties owned by the Company (subject to MidCap's receipt of any third-party or internal approvals it may require in its discretion), minus (v) any amount which MidCap may require from time to time, pursuant to terms of the agreement, in order to secure amounts owed to MidCap under the agreement The First Amendment contains a minimum line availability covenant equal to $350.0 thousand, the same as the 2016 Loan. The 2016 Loan had availability of $1.3 million as of December 31, 2016. Wells Fargo: On June 13, 2014, the Company entered into a senior, secured credit facility (the "Credit Agreement") with Wells Fargo pursuant to which Wells Fargo granted the Company a revolving line of credit of up to $15.0 million (the "Revolving Loan"), up to $1.0 million of which was available to the Company as a sub-facility for letters of credit. As of December 31, 2015, all loans under the credit agreement except the Revolving Loan had been paid in full. The Company was able to borrow up to 85% of the value of its eligible accounts receivable and 65% of the value of eligible inventory under the Revolving Loan. As of December 31, 2015, an availability block that limits borrowings under the revolver in the amount of $1.6 million was in place. The Credit Agreement also provided the Company with a secured equipment term loan of $2.8 million (the "Term Loan"). The Company used the proceeds from the Credit Agreement to repay in full its prior credit facility and no further amounts can be borrowed. The interest rate on the Revolving Loan was equal to daily three month LIBOR plus three percent (3.00%). The interest rate on the Term Loan was equal to daily three month LIBOR plus three and 25/100 percent (3.25%). In the Event of a Default (as defined in the Credit Agreement) under either the Revolving Loan or the Term Loan, the interest rate would increase by two percent (2.0%). Each of the Revolving Loan and the Term Loan had a maturity date of June 13, 2019. During 2015, the lender temporarily decreased the borrowing base block, thereby increasing the availability of capital under our revolving line of credit by $350,000. The Company was subject to a prepayment fee of up to 2.00% of the maximum Revolving Loan and Term Loan amount in the event the Credit Agreement was terminated or prepaid prior to June 13, 2018. Interest under the Revolving Loan was payable monthly in arrears. Principal and interest under the Term Loan was payable in sixty (60) monthly installments, with the first payment commencing July 1, 2014, and the final unpaid principal amount, together with all accrued and unpaid interest, charges, fees, or other advances, if any, to be paid on June 13, 2019. As of December 31, 2015, the Company had $0.8 million available under the Revolving Loan. All amounts outstanding on the Revolving Loan were paid on February 29, 2016. The Bank of Kentucky: Until December 4, 2015, WESSCO owed amounts under two one $3.0 million (the "Term Note") and one $ 1. 0 $1.0 million with KY Bank in order to purchase additional equipment. The draw period for the 2015 Line of Credit Note expired on Jan uary 14, 2016. All amounts under the KY Bank loans were repaid on December 4, 2015. K&R, LLC and 7100 Grade Lane, LLC: Amounts owed to K&R, LLC and 7100 Grade Lane, LLC are more fully described in Note 10 - Related Party Transactions. Long term debt as of December 31, 2016 and 2015 2016 2015 (in thousands) Revolving $ 2,942 $ 20 K&R, LLC related party note (See Note 10 - Related Party Transactions) 884 — 7100 Grade Lane, LLC related party note (See Note 10 - Related Party Transactions) 620 — 4,446 20 Less current maturities 2,942 20 $ 1,504 $ — The annual maturities of long term debt, in thousands, for the next five December 31, 2016 are as follows: 2017 $ 2,942 2018 — 2019 — 2020 1,504 2021 — Total long-term debt $ 4,446

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Lease Commitments	NOTE 4 - LEASE COMMITMENTS Operating Leases: The Company leases a portion of our Louisville, Kentucky facility from a related party (see Note 10 7100 The lease amount is $53.8 thousand per month. In addition, the Company is also responsible for real estate taxes, insurance, utilities and maintenance expense. As described in Note 1 This lease is for a period of three The Company has the option to extend the lease for three three 3 Rent is $8.0 thousand per month and increases each year by $0.2 thousand per month. In the event ISA exercises the option to renew the lease for a second three three The Company signed a lease, effective October 1, 2014, to lease three $28.9 thousand per month (the "Crane Lease"). This lease is for a period of five years. On May 1, 2016, the Company entered into an amendment to the Crane Lease, whereby the lease converted from an operating lease to a capital lease. See details below in Capital Leases section. The Company previously leased equipment from a related party (see Note 10 $5.5 thousand. The lease expired November 2015. The Company previously leased 10 $5.0 thousand. The lease expired in May 2016. The Company previously leased office space in Dallas, Texas. The lease expired April 2015. The Company leased a lot in Louisville, Kentucky for a term that commenced in March 2012 and ended in February 2016. The monthly payment amount from March 2012 through February 2014 was $3.5 thousand. Beginning March 2014, the monthly payment amount increased to $3.8 thousand for the remaining term. As of August 31, 2015, the Company entered into a settlement to abandon the leased property and pay the remaining balance of scheduled payments over a 19 month period, ending March 31, 2017. As the lease was terminated and obligation recorded, future payments remaining of $11.4 thousand Future minimum lease payments for operating leases for the next five December 31 2016 are as follows Related Party Other Total 2017 $ 682 $ 92 $ 774 2018 36 — 36 2019 11 — 11 2020 — — — 2021 — — — Future minimum lease payments $ 729 $ 92 $ 821 Total rent expense for the years ended December 31 2016 2015 $982.2 thousand and $1,357.4 thousand, respectively. Capital Leases: On May 1, 2016, the Company entered into an amendment to the Crane Lease, whereby the lease is extended through April 30, 2021. Payments are $14.5 thousand per month for the first twelve $1.1 million December 31, 2016 Future minimum lease payments for the capital lease for the next five Total Principal Interest 2017 $ 308 $ 198 $ 110 2018 375 290 85 2019 375 318 57 2020 375 349 26 2021 94 93 1 $ 1,527 $ 1,248 $ 279

PROVISION FOR EMPLOYEE TERMINAT

PROVISION FOR EMPLOYEE TERMINATIONS AND SEVERANCES	12 Months Ended
	Dec. 31, 2016
Postemployment Benefits [Abstract]
Provision for Employee Termiinations and Severances	NOTE 5 - PROVISION FOR EMPLOYEE TERMINATIONS AND SEVERANCES For the years ended December 31, 2016 and 2015, the Company expensed $0 thousand and $9.9 thousand, respectively, for costs related to employee terminations and severances.

EMPLOYEE RETIREMENT PLAN

EMPLOYEE RETIREMENT PLAN	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Retirement Plan	NOTE 6 The Company maintains a defined contribution retirement plan under Section 401 E ligible employees may contribute up to 100.0% of their annual salary up to the IRS limits . Under the plan, the Company matches 25.0% of each eligible employee’s voluntary contribution up to 6.0% of their gross salary. The Company also offers an additional discretionary match for eligible employees who contribute 7.0% - 10.0% of their weekly wages. In an effort to decrease expenses, the Company suspended the employee match under the plan for an undetermined period of time effective March 1, 2014. There was no expense under the plan for the years ended December 31, 2016 and 2015.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 7 - INCOME TAXES The income tax provision (benefit), in thousands, consists of the following for the years ended December 31, 2016 and 2015: 2016 2015 Federal Current $ — $ — Deferred — — — — State and Local Current 11 13 Deferred 69 — 80 13 $ 80 $ 13 A reconciliation of income taxes at the statutory rate to the reported provision (benefit), in thousands, is as follows: 2016 2015 Federal income tax at statutory rate $ (1,071 ) $ (595 ) State and local income taxes, net of federal income tax effect (48 ) (77 ) Permanent differences 902 — Increase in deferred tax asset valuation allowance 408 716 Other differences (111 ) (31 ) $ 80 $ 13 Significant components of the Company’s deferred tax liabilities and assets, in thousands, as of December 31, 2016 and 2015 are as follows: 2016 2015 Deferred tax liabilities Property and equipment $ (935 ) $ (1,459 ) Gross deferred tax liabilities (935 ) (1,459 ) Deferred tax assets Intangibles and goodwill 2,038 2,286 Accrued property taxes 53 13 Allowance for doubtful accounts 14 14 Inventory capitalization 110 63 Stock options 605 1,147 Federal net operating loss carry forward 4,706 4,176 State net operating loss carry forward 1,658 1,758 State recycling equipment tax credit carry forward 4,593 4,598 Inventory valuation reserve 60 78 Accrued expenses 187 77 Other 11 11 Gross deferred tax assets 14,035 14,221 Valuation allowance (13,073 ) (12,665 ) Net deferred tax assets $ 27 $ 97 At December 31, 2016, the Company had deferred recycling equipment state tax credit carry forwards of $4.6 million relating to our shredder purchase which do not expire. This tax credit is limited to our Kentucky state income tax liability which includes the Limited Liability Entity Tax, which is based on gross receipts or gross profits. The Company used the available state tax credits of $3.0 thousand and $7.4 thousand in 2016 and 2015, respectively. At December 31, 2016, the Company had a Federal net operating loss ("NOL") carry forward of $13.8 million which expires beginning in 2033. The Company also has state NOL carry forwards of $26.8 million as of December 31, 2016. The majority of the state NOL carry forwards relates to losses in Kentucky and expire beginning in 2031. A deferred tax asset valuation allowance is established if it is “more likely than not” that the related tax benefits will not be realized. In determining the appropriate valuation allowance, the Company considers the projected realization of tax benefits based on expected levels of future taxable income, considering recent operating losses, available tax planning strategies, reversals of existing taxable temporary differences and taxable income in the state and carry back provisions. As of December 31, 2016, management determined that only the state recycling equipment tax credit carry forwards would be realized to the extent of $27 thousand and reserved all other net deferred tax assets by increasing the related valuation allowance. The state tax credit carry forwards have been reduced to their net realizable value based upon estimates of future gross profits and utilization of the credit in the foreseeable future. The recorded valuation allowance, in thousands, consisted of the following at December 31, 2016 and 2015: Year Ended December 31, 2016 2015 Valuation allowance, beginning of year $ 12,665 $ 11,949 Increase in deferred tax asset valuation allowance 408 716 Valuation allowance, end of year $ 13,073 $ 12,665

CASH AND STOCK DIVIDENDS

CASH AND STOCK DIVIDENDS	12 Months Ended
	Dec. 31, 2016
Cash and Stock Dividends [Abstract]
Cash and Stock Dividends	NOTE 8 - CASH AND STOCK DIVIDENDS Under the previous Wells Fargo and the current MidCap loan agreements, the Company covenants that so long as the lender remains committed to make any advance or extend any other credit to us, or any obligations remain outstanding, the Company will not declare or pay any dividend or distribution (either in cash or any other property in respect of any stock) or redeem, retire, repurchase or otherwise acquire any of our stock, other than dividends and distributions by subsidiaries of parent to parent. In 2016 and 2015 , the Board of Directors did not declare a cash or stock dividend.

PER SHARE DATA

PER SHARE DATA	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Per Share Data	NOTE 9 – PER SHARE DATA The computation for basic and diluted loss per share is as follows: 2016 2015 Continuing operations: (in thousands, except per share information) Basic loss per share Net loss $ (3,230 ) $ (9,085 ) Weighted average shares outstanding 8,048 7,989 Basic loss per share $ (0.40 ) $ (1.14 ) Diluted loss per share Net loss $ (3,230 ) $ (9,085 ) Weighted average shares outstanding 8,048 7,989 Add dilutive — — Diluted weighted average shares outstanding 8,048 7,989 Diluted loss per share $ (0.40 ) $ (1.14 ) 2016 2015 Discontinued operations: (in thousands, except per share information) Basic loss per share Net income $ — $ 7,320 Weighted average shares outstanding 8,048 7,989 Basic income per share $ — $ 0.92 Diluted loss per share Net income $ — $ 7,320 Weighted average shares outstanding 8,048 7,989 Add dilutive — — Diluted weighted average shares outstanding 8,048 7,989 Diluted income per share $ — $ 0.92

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 10 - RELATED PARTY TRANSACTIONS During the period ended December 31, 2016 and 2015 , the Company was involved in various transactions with related parties. A summary of transactions and related balances are as follows. The table at the end of this note should be used in referencing all below paragraphs. K&R and 7100 7100 The Company is involved in various transactions with K&R and 7100 LLC, which are wholly-owned by Kletter Holdings LLC, the sole member of which was Harry Kletter, the Company's founder and former Chief Executive Officer. After Mr. Kletter's passing in January 2014, the Company's Chairman of the Board and interim Chief Executive Officer, Orson Oliver, assumed the roles of executor of Mr. Kletter’s estate and President of Kletter Holdings LLC December 31 2016 20% of the Company's issued and outstanding shares. The Company leases a portion of the Louisville, Kentucky facility from 7100 LLC (previously from K&R) under an operating lease, the " Lease," 4 During 2015 and continuing into 2016, the Company deferred a portion of these lease payments. A portion of this deferral was converted into a term note during 2016 as described below . On September 13, 2013, K&R made a $500.0 thousand refundable, non-interest bearing deposit with the Company related to K&R's potential purchase of the Company's formerly owned real property located at 1565 East 4th Street in Seymour, Indiana. The Company was permitted and used the deposited funds for general corporate purposes. K&R did not acquire the property. Under the Company's lending arrangements, a refund of the deposit to K&R would have to be approved by the Company's lenders. This amount was converted into a term note during 2016 as described below . As of December 31 2016 2015 the Company had balances related to K&R and 7100 LLC pertaining to refundable lease and property deposits due to and from the Company, rents payable from the Company, notes payable due from the Company, accrued interest due from the Company, interest expense, and rent expense On February 29, 2016, K&R assigned its interest in the 7100 Lease to another entity, 7100 LLC, also controlled by Mr. Kletter’s estate. At that time, the total amount due to the estate’s various entities, which amounted to approximately $1.5 million and is inclusive of the $500.0 thousand noted above, became a subordinated, unsecured debt (the "Kletter Notes") owed by the Company A portion of the amount, approximately $620.3 thousand, is owed to K&R, with the remaining amount, approximating $883.8 thousand, owed to 7100 Interest will accrue monthly at a per annum rate of five Interest will accrue until April 30, 2017, at which time interest will be paid monthly. Until maturity on December 31, 2020, the Kletter Notes are subject to intercreditor agreements between the respective Note holder and MidCap. This amount of $1.5 million represents all net amounts due to Kletter estate entities as of February 29, 2016 with the exception of a $32.0 thousand deposit owed by K&R to the Company. If the Company sells property it owns at 7110 principal payment to K&R of $500.0 thousand. Otherwise, all remaining principal is due at maturity. Algar, Inc. ("Algar"): Management Services Agreement with Algar: On December 2, 2013, the Company and Algar entered into a Management Services Agreement (the “Management Agreement”). On September 30, 2016 (the "Termination Effective Date"), the Company and Algar mutually agreed to terminate the Management Agreement pursuant to the Termination Agreement. See the details below Under the Management Agreement, Algar provided the Company with day-to-day senior executive level operating management services. Algar also provided business, financial, and organizational strategy and consulting services, as the Company’s board of directors reasonably requested from time to time. In connection with the Management Agreement, the Company's board of directors appointed Sean Garber as President and as a member of the board of directors Under the Management Agreement, the Company reimbursed Algar for the portion of Mr. Garber’s salary that was attributable to Algar’s services under the Management Agreement in an amount not exceeding $20.8 thousand per month, or $250.0 thousand per year plus other expenses. Also, under the Management Agreement, Algar was to be paid a bonus in an amount equal to 10.0% of any year-over-year increase in the Company’s adjusted pre-tax income during the term. The term of the Management Agreement was effective December 1, 2013 and originally expired on December 31, 2016, subject to earlier termination upon mutual agreement or upon circumstances set forth in the agreement. On September 30, 2016, the Company and Algar mutually agreed to terminate the Management Agreement For the year ended December 31, 2014, Algar earned a bonus of $428.0 thousand that was accrued by ISA. This amount was reduced by $50.0 thousand related to the real estate sale to SG&D described below. The bonus payable was further reduced on August 5, 2015, in 2015 when the Company entered into a Stock Purchase Agreement with Algar, whereby the Company issued 50.7 thousand shares of its common stock to Algar for aggregate consideration equal to $189.0 thousand based on the fair value of the Company's common stock. The consideration was payable in the form of a reduction of the Company’s $378.0 thousand accrued but unpaid bonus compensation due to Algar as of August 5, 2015. During the year ended December 31, 2016, the Company paid Algar the remaining $ 189.0 . As of the Termination Effective Date, the Company and Algar mutually terminated the Management Agreement. The Termination Agreement provides that in satisfaction of all amounts owed to Algar under the Management Agreement, the Company paid Algar: (i) $20,880 on the Termination Effective Date, (ii) an aggregate amount equal to $50,000, paid in three ten Other transactions with Algar: During 2016 2015 The Company sold scrap to Algar, bought scrap from Algar, and provided logistical and IT services to Algar. Related to these transactions, the Company has accounts receivable balances from Algar, an accounts payable balance to Algar, along with related income and expense as of December 31 2016 2015 Board of Directors' fees and consulting fees: The Company pays board and committee fees to non-employee directors. Additionally, the Company paid financial consulting fees to one of its directors in 2015. Related to these transactions, the Company has accounts payable balances to the Board of Directors for fees and consulting fees, along with related expense December 31 2016 2015 LK Property Investments, LLC: On April 30, 2015, ISA Real Estate LLC sold to LK Property, an entity principally owned by Daniel M. Rifkin, CEO of MetalX and the principal owner of RCP 4.4 acre parcel of real estate, located at 6709 $1.0 million. The Company used the proceeds from the sale primarily for debt reduction and working capital. The loss on sale of this asset was $102.0 thousand. See Note 14 On April 30, 2015, the Company entered into a lease agreement with LK Property, for a portion of the 4.4 acre parcel of real estate located at 6709 $3.0 thousand per month. The lease terminates on April 14, 2019, but the Company has the right to terminate the lease and vacate the leased premises upon 90 days notice. The Company is required to reimburse the lessor for 40% of the property taxes on the parcel during the term. Metal X, LLC: During 2016 2015 For additional information regarding MetalX, see Note 14 SG&D Ventures, LLC: In May 2015, ISA Real Estate LLC sold to SG&D, an entity owned by shareholders of Algar, including Mr. Garber, an approximately 1-acre parcel of non-essential real estate, located at 7017 $350.0 thousand. The Company received this appraisal before the sale. The purchase consideration consisted of $300.0 thousand in cash from SG&D and a credit of $50.0 thousand against bonus compensation previously accrued but not paid to Algar as described above. The gain on sale of this asset was $1.1 thousand. Related party balances as of and for the years ended December 31, 2016 and 2015 2016 2015 K&R, LLC and 7100 Deposit amounts owed to the Company by related parties ( 1 $ 42 $ 74 Property deposit payable to related parties ( 2) — 500 Note payable to related parties ( 3 1,504 — Accrued interest to related parties ( 2 63 — Facility rent payable to related parties ( 2) 176 821 Equipment rent payable to related parties ( 2 15 132 Facility rent expense to related parties ( 4 646 646 Equipment rent expense to related parties ( 4 25 126 Interest expense to related parties ( 4 63 — Algar, Inc.: Accounts receivable from Algar for scrap transactions ( 1 $ — $ 93 Accounts receivable from Algar for logistical services ( 1 — 19 Accounts payable to Algar ( 2 — 28 Bonus payable to Algar ( 2 180 189 Revenue from scrap sales to Algar ( 4 7 117 Revenue from logistical services to Algar ( 4 48 69 Revenue from IT services to Algar (4), (7) 16 23 Scrap material purchases from Algar ( 4), (7) 1,204 1,225 Management fee expense ( 4 238 250 Bonus expense to Algar ( 4 180 — Net rental income from Algar ( 4 16 — Other expenses to Algar (4), (7) 14 30 Board of Directors: * Accounts payable to the Board of Directors for fees ( 2 ) $ 144 $ 250 Board of director fee expense (4) 251 180 Board of director consulting expense ( — 25 LK Property Investments, LLC: Lease deposit to LK Property (1) $ 3 $ 3 Accounts payable to LK Property ( 2 — 2 Rent expense to LK Property** (4) 36 24 Loss on the sale of assets to LK Property (4) — (102 ) Metal X, LLC: Accounts receivable from Metal X (1) $ 105 $ 19 Revenue from product sales to Metal X (4) 246 1,905 SG&D Ventures, LLC: Gain on the sale of assets to SG&D ( 4 $ — $ 1 * Excludes insignificant amount of travel reimbursement. **Excludes amounts reimbursed to LK Properties for utilities and property tax. (1) Included in receivables from related parties on the Consolidated Balance Sheets; balances are as of December 31, 2016 and 2015. (2) Included in payable and accrued expenses to related parties on the Consolidated Balance Sheets; balances are as of December (3) Included in long-term liabilities on the Consolidated Balance Sheets; balance is as of December (4) Included in the Consolidated Statements of Operations; balances are for the year ended December 31, 2016 and 2015. As discussed above, the Company and Algar mutually agreed to terminate the Management Agreement pursuant to the Termination Agreement on September 30, 2016. Therefore, the Company considers Algar a related party through the termination date. The Company reported the Algar related party balances as follows: (5) The 2016 balances are excluded as Algar was not a related party at December 31, 2016. (6) The 2016 balance includes the bonus payable amount at December 31, 2016 as this amount was earned on September 30, 2016 while Algar was a related party. (7) The 2016 balances include transactions for the nine month period ended September 30, 2016, the period Algar was a related party.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Information	NOTE 11 Prior to December 4, 2015, the Company’s operations included two primary segments: Recycling and Waste Services. The Recycling Segment ("Recycling") provides ferrous and non-ferrous recycling in four locations in the Midwest. The Waste Services Segment ("Waste Services") provided waste disposal services including contract negotiations with service providers, centralized billing, invoice auditing, and centralized dispatching. Waste Services also sold, leased, and serviced waste handling and recycling equipment, such as trash compactors and balers to end user customers. On December 4, 2015, the Company sold substantially all assets of the Waste Services Segment and discontinued those operations. The assets, liabilities, revenues, expenses, and cash flows of the Waste Services Segment are disclosed in Note 15 The Company’s two reportable segments were determined by the products and services that each offers. Recycling generates its revenues based on buying and selling of ferrous and non-ferrous, including stainless steel, scrap metals and automobile parts. The Company's ISA Pick.Pull.Save used automobile yard is considered a product line within Recycling. The Company purchases automobiles for the yard through auctions, automobile purchase programs with various suppliers, and general scrap purchases. Retail customers locate and remove used parts for purchase from automobiles within the yard. Fuel, Freon, tires and certain core automobile parts are also sold to various vendors for additional revenue. All automobiles are sold as scrap metal after a specified time period in the yard. Waste Services’ revenues consisted of charges to customers for waste disposal services and equipment sales and lease income.

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Long Term Incentive Plan	NOTE 12 - SHARE BASED COMPENSATION Following is a summary of stock option activity and number of shares reserved for outstanding options for the years ended December 31, 2016 and 2015 Total Options Number of shares (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2014 2,152 $ 5.02 2.70 years $ 2.23 Granted 20 5.71 — 3.01 Outstanding at December 31, 2015 2,172 $ 5.02 1.70 years $ 2.24 Cancelled (1,670 ) $ 5.10 — $ 2.18 Outstanding at December 31, 2016 502 $ 4.78 2.07 years $ 2.43 Exercisable at December 31, 2016 502 4.78 2.07 years $ 2.43 Securities available for grant at December 31, 2016 1,636 Following is a summary of the nonvested options issued and outstanding: Weighted Average Grant Non-Vested Options Number of shares (in thousands) Date Option Fair Value Outstanding at January 1, 2015 990 $ 2.31 Granted 20 3.01 Vested (140 ) 2.95 Forfeited — — Outstanding at December 31, 2015 870 $ 2.22 Cancelled (870 ) 2.22 Outstanding at December 31, 2016 — $ — Option Grants: As described in Note 1 10 2014 1.5 million shares of its common stock to Algar at a per share exercise price of $5.00 pursuant to the Management Agreement. At the annual meeting of shareholders of the Company on October 15 2014 375.0 thousand share options vested and became exercisable on December 1, 2014. The second 375.0 thousand share options vested and became exercisable after the market price of the Company's common stock reached $6.00 per share during 2014 375.0 thousand share options would have vested and become exercisable only if and after the market price of the Company's common stock reached $8.00 per share or Company revenue following an acquisition increased by $90.0 million . The fourth 375.0 thousand share options would have vested and become exercisable only if and after the market price of the Company's common stock reached $9.00 per share or Company revenue following an acquisition increases by $120.0 million . On September 30, 2016, the Company and Algar mutually agreed to terminate the Management Agreement between them dated as of December 1, 2013. In connection with the termination of the Management Agreement, the Stock Option Agreement was also terminated. See Note 2 In January 2015, the Company awarded options to purchase 20.0 thousand shares of the Company's common stock to its Chief Financial Officer. These options were scheduled to vest over a three 1 3 1 6 six three The exercise price per share of the options was $5.71, the fair value of the underlying common stock as of the grant date. These options were cancelled on June 15, 2016. See below for further details. The weighted average assumptions relating to the valuation of the Company's stock options awarded in 2015 2016 2015 Weighted average grant-date fair value of grants per option $ 3.01 Volatility 60.1 % Risk-free interest rate 2.3 % Expected life (in years) 5 Expected dividend yield 0.0 % RSUs: On March 25, 2016, our Compensation Committee granted 32.0 thousand restricted stock units (“RSUs”) to the Company’s Chief Financial Officer (the “CFO”), under the LTIP pursuant to a Restricted Stock Unit Grant Agreement (the “RSU Agreement”). The RSUs were granted to the CFO in lieu of other compensation and as partial payment of the CFO’s bonus related to certain milestone accomplishments during 2015 2016 one On March 29, 2016, the Compensation Committee granted 11.4 thousand RSUs to an employee under the LTIP pursuant to an RSU agreement. The grant date fair value is based on the Company's closing common stock price on the day immediately prior to the date of grant. The grant date fair value was $32.0 thousand and will be recognized as expense beginning in the second quarter of 2016 one On June 15, 2016, at the Company's annual meeting, the Company's shareholders approved a one The RSUs vest as follows if and to the extent that the CFO remains employed by the Company through each of the following dates: (i) on July 1, 2016, 50.00% (45,000) of the RSUs vest and become nonforfeitable; (ii) on December 31, 2016, 12.50% (11,250) of the RSUs vest and become nonforfeitable; (iii) on June 30, 2017, 12.50% (11,250) of the RSUs vest and become nonforfeitable; (iv) on December 31, 2017, 12.50% (11,250) of the RSUs vest and become nonforfeitable; and (v) on June 15, 2018, 12.50% (11,250) of the RSUs vest and become nonforfeitable. Each RSU represents the right to receive one Following is a summary of RSU activity: Restricted Stock Units Number of shares (in thousands) WA Remaining Term WA Grant Outstanding at December 31, 2015 — — $ — Granted 133.4 0.35 years 2.32 Vested (88.3 ) — 2.36 Outstanding at December 31, 2016 45.1 1.05 years $ 2.23 Other Equity Transactions: On August 5, 2015, the Company entered into a Stock Purchase Agreement with Algar, whereby the Company issued 50.7 thousand shares of its common stock to Algar for aggregate consideration equal to $189.0 thousand based on the fair value of our common stock. The consideration was payable in the form of a partial reduction of the Company's accrued but unpaid bonus compensation due to Algar pursuant to the Management Services Agreement between the Company and Algar. See Note 10 See Note 14 Non-Equity Transactions: Under a retention agreement with the Company's CFO dated March 25, 2016, the Company will pay the CFO bonuses of $100.0 thousand and $125.0 thousand on each of December 31, 2016 and December 31, 2017, respectively, as long as he remains employed with the Company on those dates. The CFO remained employed with the Company as of December 31, 2016 and the Company accrued $ 100.0 2016 2017 125.0 2017 12 On September 30, 2016, the Company entered into retention agreements ("Retention Agreements") with certain management employees (individually "Staff Member"). Under the Retention Agreement, if the Staff Member remains continuously employed by the Company through and including the date which is the first to occur of: (a) the date of a change in control of the Company; (b) the date the Staff Member is terminated without cause; and (c) December 31, 2017, the Company will pay the Staff Member a bonus in an amount equal to 25% of the Staff Member's then-current annual base salary. At September 30, 2016, the Company estimated this liability to be $132.7 thousand. The Company will evaluate the liability on an ongoing basis, and will expense the liability through December 31, 2017 unless determined otherwise. The Company has expensed $22.1 thousand for the year ended December 31, 2016. Other: As of December 31, 2016 , we had unrecognized share-based compensation cost related to non-vested RSU awards in the amount of $142.0 thousand. Stock compensation $0.4 million and $0.2 million for the years ended December 31, 2016 and 2015

LEGAL PROCEEDINGS AND ENVIRONME

LEGAL PROCEEDINGS AND ENVIRONMENTAL MATTERS	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings and Environmental Matters	NOTE 13 - LEGAL PROCEEDINGS AND ENVIRONMENTAL MATTERS The Company has litigation from time to time, including employment-related claims, none of which the Company currently believes to be material. The Company's operations are subject to various environmental statutes and regulations, including laws and regulations addressing materials used in the processing of products. In addition, certain of the Company's operations are subject to federal, state and local environmental laws and regulations that impose limitations on the discharge of pollutants into the air and water and establish standards for the treatment, storage and disposal of solid and hazardous wastes. Failure to maintain or achieve compliance with these laws and regulations or with the permits required for operations could result in substantial operating costs and capital expenditures, in addition to fines and civil or criminal sanctions, third party claims for property damage or personal injury, cleanup costs or temporary or permanent discontinuance of operations. Certain of the Company's facilities have been in operation for many years and, over time, the Company and other predecessor operators of these facilities have generated, used, handled and disposed of hazardous and other regulated wastes. Environmental liabilities in material amounts could exist, including cleanup obligations at these facilities or at off-site locations where the Company disposed of materials from its operations, which could result in future expenditures that the Company cannot currently estimate and which could reduce its profits. The Company records liabilities for remediation and restoration costs related to past activities when its obligation is probable and the costs can be reasonably estimated. Costs of future expenditures for environmental remediation are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable. Costs of ongoing compliance activities related to current operations are expensed as incurred. Such compliance has not historically constituted a material expense to the Company.

FINANCING AND RELATED MATTERS

FINANCING AND RELATED MATTERS	12 Months Ended
	Dec. 31, 2016
Financing and Related Matters [Abstract]
Financing and Related Matters	NOTE 14 Securities Purchase Agreement On June 13, 2014, the Company issued 857,143 shares of the Company's common stock pursuant to a Securities Purchase Agreement (the "Securities Purchase Agreement") to RCP, an investment entity principally owned by Daniel M. Rifkin, the founder and CEO of MetalX, for an aggregate purchase price of $3.0 million. Pursuant to the Securities Purchase Agreement, the Company also issued to RCP a five -year warrant to purchase 857,143 additional shares of the Company's common stock, exercisable 6 months after the date of the Securities Purchase Agreement for an exercise price of $5.00 per share and expiring June 13, 2019. The net proceeds were allocated between common stock and warrants based on the relative fair value of the common stock and the warrants. The Securities Purchase Agreement provides RCP with preemptive rights and a right of first refusal with respect to future securities offerings by the Company. The Company used the proceeds from the Securities Purchase Agreement for general corporate purposes including debt reduction, growth initiatives, capital expenditures, and review of potential acquisitions. On June 13, 2014, in connection with the Securities Purchase Agreement, the Company and the Investor entered into a Registration Rights Agreement (the "Registration Rights Agreement"), under which the Company (a) prepared filed caused agreed to agreed to The Registration Rights Agreement requires the Company to pay the Investor a loss of liquidity fee for certain periods after February 1, 2015 when the registration statement is not effective or its use is suspended. The Registration Rights Agreement contains customary representations, warranties and covenants, and customary provisions regarding rights of indemnification between the parties with respect to certain applicable securities law liabilities. Director Designation Agreement On June 13, 2014, in connection with the Securities Purchase Agreement, the Company and RCP entered into a Director Designation Agreement (the "Director Designation Agreement") pursuant to which RCP will have the right to designate, and require the Company's Board to appoint, up to two one 5% of the Company's outstanding common stock. Pursuant to the Director Designation Agreement, the Company and RCP agreed that the designation and appointment of the Designated Director nominees will not violate applicable law and will not cause the Company to become delisted from any securities exchange or other trading market.

DISCONTINUED OPERATIONS (Notes)

DISCONTINUED OPERATIONS (Notes)	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	NOTE 15 As discussed in Note 1 the Company and WESSCO entered into the Asset Purchase Agreement with Compactor Rentals pursuant to which the Company sold its “Waste Services Segment,” consisting of substantially all of the assets used in (i) the Company’s commercial, retail and industrial waste and recycling management services business which the Company operated under the name “Computerized Waste Systems” or “CWS,” and (ii) the Company’s equipment sales, rental and maintenance business for the commercial and industrial waste and recycling industry which the Company operated under the name “Waste Equipment Sales and Service Company." The Company received cash consideration at closing of $7.5 million, less $150.0 thousand which was retained by Compactor Rentals in connection with working capital adjustments. Compactor Rentals assumed certain liabilities relating to the Waste Services Segment, including but not limited to, current liabilities, warranty liabilities, and post-closing liabilities incurred in connection with transferred contracts. The transaction expenses related to the sale were $350.0 thousand and a gain of $6.0 million was recorded. The sale included substantially all of the assets of the Waste Services Segment including, but not limited to, current assets, accounts receivable, tangible personal property, certain leases, inventory, intellectual property, rights under transferred contracts, rights of action and all associated goodwill and other intangible assets associated with the transferred assets. The Company's policy was to not allocate interest to discontinued operations The Asset Purchase Agreement contains standard and customary representations, warranties and covenants, including a restrictive covenant under which the Company will be prohibited from competing with the Waste Services Segment for five Financial information for the Waste Services discontinued operations is summarized as follows: 2015 (in thousands) Revenue from services and product sales $ 7,402 Cost of sales for services 5,486 Selling, general, and administrative expenses 678 Gain on the sale of business 6,031 Gain on the sale of equipment 51 Net income $ 7,320 2015 (in thousands) Cash flows from operating activities Net income from discontinued operations $ 7,320 Adjustments to reconcile net loss to net cash from operating activities: Depreciation and amortization 402 Gain on sale of property and equipment (51 ) Gain on sale of business ( 6,031 ) Change in assets and liabilities Receivables ( 103 ) Inventories 10 Other assets 12 Accounts payable 172 Other current liabilities 52 Net cash from operating activities $ 1,783 Cash flows from investing activities Proceeds from sale of property and equipment 76 Proceeds from sale of business, net of disposal costs 7,000 Purchases of property and equipment (432 ) Net cash provided by investing activities $ 6,644 A pro forma summary of continuing operations for the three months ended December 31, 2015 assuming the Waste Services Segment was sold at the beginning of the quarter is as follows (unaudited): 2015 (in thousands, except per share data) Total revenue $ 6,555 Net loss from continuing operations (2,351 ) Net loss 3,680 Net loss from continuing operations per share $ (0.29 ) Net income per share 0.46

SUMMARY OF SIGNIFICANT ACCOUN24

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Liquidity	Liquidity Risk Factors The Company’s primary sources of liquidity during 2015 and 2016 were cash flows generated from asset sales, the idling of our auto shredder operation and the refinancing and availability of the Company's working line of credit. Notwithstanding the above, management believes it will have adequate liquidity for at least one year beyond the date this Form 10-K is issued. This determination is based on the following: improved operating results in recent months, operating and cash flow projections for 2017 and 2018, and the amended credit facility with MidCap which extends the maturity date to February 28, 2020 and increases the borrowing availability, subject to certain borrowing base restrictions and approvals as described in Note 3 - Long Term Debt and Notes Payables to Bank
Revenue Recognition	Revenue Recognition ISA records revenue for its recycling operations upon delivery of the related materials. Revenue for the equipment sales divisions was recorded upon delivery of the equipment to the customer. The Company provided installation and training on all equipment and it charged these costs to the customer, recording revenue in the period the service was provided. The Company was the middleman in the sale of the equipment and not a manufacturer. Any warranty was the responsibility of the manufacturer and therefore, no estimates were made for warranty obligations. Allowances for equipment returns were made on a case-by-case basis. Historically, returns of equipment were not material. See Note 15 - Discontinued Operations for further details. The Company's management services group provided customers with evaluation, management, monitoring, auditing and cost reduction consulting of customers’ non-hazardous solid waste removal activities. The Company recognized revenue related to the management aspects of these services when it delivered the services. The Company recorded revenue related to this activity on a gross basis because the Company was ultimately responsible for service delivery, had discretion over the selection of the specific service provided and the amounts to be charged, and was directly obligated to the subcontractor for the services provided. ISA was an independent contractor. If the Company discovered that third party service providers had not performed, either by auditing of the service provider invoices or communications from customers, then the service delivery dispute was resolved directly with the third party service supplier. Revenue from equipment rental was recognized monthly as earned. See Note 15 - Discontinued Operations for further details.
Fair Value of Financial Instruments	Fair Value of Financial Instruments T he Company carries certain of its financial assets and liabilities at fair value on a recurring basis. These financial assets and liabilities are composed of cash and cash equivalents and derivative instruments (for part of 2015). Long-term debt is carried at cost, and the fair value is disclosed herein. In addition, the Company measures certain assets, such as long-lived assets, at fair value on a non-recurring basis to evaluate those assets for potential impairment. Fair value is defined as 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 In accordance with applicable accounting standards, the Company categorizes its financial assets and liabilities into the following fair value hierarchy: Level 1 – Financial assets and liabilities with values based on unadjusted quoted prices for identical assets or liabilities in an active market. Examples of Level 1 financial instruments include active exchange-traded securities. Level 2 – Financial assets and liabilities with values based on quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability. Examples of Level 2 financial instruments include various types of interest-rate and commodity-based derivative instruments, and various types of fixed-income investment securities. Pricing models are utilized to estimate fair value for certain financial assets and liabilities categorized in Level 2. Level 3 – Financial assets and liabilities with values based on prices or valuation techniques that require inputs that are both unobservable in the market and significant to the overall fair value measurement. These inputs reflect management’s judgment about the assumptions that a market participant would use in pricing the asset or liability, and are based on the best available information, some of which is internally developed. When determining the fair value measurements for financial assets and liabilities carried at fair value on a recurring basis, the Company considers the principal or most advantageous market in which it would transact and consider assumptions that market participants would use when pricing the asset or liability. When possible, ISA looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities. Nevertheless, certain assets and liabilities are not actively traded in observable markets, and the Company uses alternative valuation techniques to derive fair value measurements. The Company uses the fair value methodology outlined in the related accounting standards to value the assets and liabilities for cash, debt and derivatives. All of our cash is defined as Level 1 and all our debt is defined as Level 2. In accordance with this guidance, the following tables represent our fair value hierarchy for Level 1 and Level 2 financial instruments, in thousands, at December 31, 2016 and 2015 Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2016 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 526 $ — $ 526 Liabilities Current maturities of long term debt $ — $ (2,942 ) $ (2,942 ) Long term debt, related parties — ( 1,171 ) ( 1,171 ) Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2015 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 642 $ — $ 642 Liabilities Long term debt $ — $ (20 ) $ (20 ) The Company had no transfers in or out of Levels 1 or 2 fair value measurements. We have had no activity in Level 3, fair value measurements for the years ended December 31, 2016 or 2015 except for an impairment of property and equipment charge of $636.6 thousand for the year ended December 31, 2015
Estimates	Estimates In preparing the consolidated financial statements in conformity with generally accepted accounting principles in the United States of America ("GAAP"), management must make estimates and assumptions. These estimates and assumptions affect the amounts reported for assets, liabilities, revenues and expenses, as well as affecting the disclosures provided. Examples of estimates include the allowance for doubtful accounts, estimates of realizability of deferred income tax assets and liabilities, estimates of inventory balances and values, and estimates of stock option and warrant values. The Company also uses estimates when assessing fair values of assets and liabilities acquired in business acquisitions as well as any fair value and any related impairment charges related to the carrying value of inventory and machinery and equipment, and other long-lived assets. Despite
Discontinued Operations	Discontinued Operations Prior year financial statements have been recast to reflect the sale of the Company’s Waste Services Segment assets in the fourth quarter of 2015 in accordance with the Financial Accounting Standards Board Accounting Standards Codification 205-20-55 within discontinued operations. Results of discontinued operations are excluded from the accompanying Notes to Consolidated Financial Statements for all periods presented, unless otherwise noted. See Note 15 - Discontinued Operations.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Upon consolidation, all inter-company accounts, transactions and profits have been eliminated.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents includes cash in banks with original maturities of three months or less. Cash and cash equivalents are stated at cost which approximates fair value, which in the opinion of management, are subject to an insignificant risk of loss in value. The Company maintains cash balances in excess of federally insured limits.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable consists primarily of amounts due from customers from product and brokered sales. The allowance for doubtful accounts totaled $35.0 thousand and $35.0 thousand at December 31, 2016 and 2015, respectively. The determination of the allowance for doubtful accounts includes a number of factors, including the age of the balance, estimated settlement adjustments, past experience with the customer account, changes in collection patterns and general economic and industry conditions. Interest is not normally charged on receivables, nor is collateral for receivables normally required. Potential credit losses from significant customers could adversely affect results of operations or financial condition. While the Company believes the allowance for doubtful accounts is adequate, changes in economic conditions or any weakness in the steel and metals industry could adversely impact future earnings. In general, the Company considers accounts receivable past due which are 30 to 60 days after the invoice date. Losses are charged off to the allowance when it is deemed further collection efforts will not provide additional recoveries.
Major Customer	Major Customer : The Company had sales to a major customer that totaled approximately 12.5% of net sales f or the year ended December 31, 2016 December 31, 2016 December 31, 2015 10
Inventories	Inventories: The Company's inventories primarily consist of ferrous and non-ferrous scrap metals, and are valued at the lower of average purchased cost or net realizable value ("NRV") based on the specific scrap commodity. See Impact of Recently Issued Accounting Standards at the end of Note 1. Quantities of inventories are determined based on our inventory systems and are subject to periodic physical verification using estimation techniques including observation, weighing and other industry methods. The Company recognizes inventory impairment and related adjustments when the NRV, based upon current market pricing, falls below recorded value or when the estimated volume is less than the recorded volume of the inventory. The Company records the loss in cost of sales in the period during which the loss is identified Certain assumptions are made regarding future demand and net realizable value in order to assess whether inventory is properly recorded at the lower of cost or NRV. Assumptions are based on historical experience, current market conditions and remaining costs of processing (if any) and disposal. If the anticipated future selling prices of scrap metal and finished steel products should decline, the Company would re-assess the recorded NRV of the inventory and make any adjustments believed necessary in order to reduce the value of the inventory (and increase cost of sales) to the lower of cost or NRV. Management spent much of 2014 and early 2015 working to assess the Company's automobile shredder residue ("ASR") process. Significant process and strategy changes associated with the ASR process were made. These changes, combined with the significant metals market reduction in market demand and prices experienced in late 2014 and through 2015, caused management to perform a lower of cost-or-market assessment, which resulted in inventory write-downs of $1.3 million for the year ended of December 31, 2015. The Company did not have a lower of cost-or-NRV inventory write-down for the year ended December 31, 2016 . Some commodities are in saleable condition at acquisition. The Company purchases these commodities in small amounts until it has a truckload of material available for shipment. Some commodities are not in saleable condition at acquisition. These commodities must be shredded, torched or baled. ISA does not have work-in-process inventory that needs to be manufactured to become finished goods. The Company includes processing costs in inventory for all commodities by weight Inventories as of December 31, 2016 and 2015 consist of the following: December 31, 2016 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 2,222 $ 805 $ 410 $ 3,437 December 31, 2015 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 1,354 $ 652 $ 404 $ 2,410
Property and Equipment	Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over the estimated useful lives of the related property. Property and equipment, in thousands, as of December 31, 2016 and 2015 consist of the following: Life 2016 2015 Land $ 4,993 $ 4,993 Equipment and vehicles 1-10 years 26,606 25,363 Office equipment 1-7 years 1,624 1,624 Building and leasehold improvements 5-40 years 7,708 7,821 $ 40,931 $ 39,801 Less accumulated depreciation 27,863 25,649 $ 13,068 $ 14,152 Depreciation expense for the years ended December 31, 2016 and 2015 $2.3 million and $2.4 million, respectively. Of the $2.3 million of depreciation expense recognized in 2016 $ 2.2 $0.1 $2.4 million of depreciation expense recognized in 2015 $2.2 million was recorded in cost of sales, and $0.2 million was recorded in general and administrative expense.
Factoring Fees and Certain Banking Expenses	Certain Banking Expenses The Company has included certain banking costs relating to our loans and loan restructuring within interest expense. The loan fees amortization totaled $130.1 thousand and $242.4 thousand for the years ended December 31, 2016 and 2015, respectively. On November 6, 2015, the Company and Wells Fargo entered into a forbearance agreement that changed the maturity date of the debt related to these certain banking expenses to March 15, 2016. Additionally, on December
Shipping and Handling Cost Fees and Costs	Shipping and Handling Fees and Costs Shipping and handling charges incurred by the Company are included in cost of sales and shipping charges billed to the customer are included in revenues in the accompanying consolidated statements of operations.
Advertising Expense	Advertising Expense Advertising costs are charged to expense in the period the costs are incurred. Advertising expense was $0.8 thousand and $2.4 thousand for the years ended December 31, 2016 and 2015 , respectively.
Derivative and Hedging Activities	Derivative and Hedging Activities The Company is exposed to market risk stemming from changes in metal commodity prices, and interest rates. In the normal course of business, the Company actively manages its exposure to interest rate risks by entering into various hedging transactions, authorized under established policies that place clear controls on these activities. Derivative financial instruments previously used consist of interest rate swap contracts. Derivative financial instruments are accounted for under the provisions of the FASB's authoritative guidance titled “ASC 815 - Derivatives and Hedging.” Under these standards, derivatives are carried on the balance sheet at fair value. The Company's interest rate swaps were designated as a cash flow hedge, and the effective portions of changes in the fair value of the derivatives were recorded as a component of other comprehensive income or loss and were recognized in the statement of operations when the hedged item affected earnings. Ineffective portions of changes in the fair value of cash flow hedges were recognized in gain or loss on derivative liabilities. Cash flows related to derivatives were included in operating activities. As of December 31, 2016 and 2015 The Company does not enter into any interest rate swap derivative instruments for trading purposes. The Company recognizes as an adjustment to interest expense the differential paid or received on interest rate swaps. The change in the fair value of the interest rate swap, which was established as an effective hedge, was included in other comprehensive income. The Company includes the required disclosures for interest rate swaps in Note 3 – Long Term Debt and Notes Payable to Bank. During 2016 2015 , we did not use derivative instruments in the form of commodity hedges to assist in managing our commodity price risk. We do not enter into any commodity hedges for trading purposes.
Income Taxes	Income Taxes Deferred income taxes are recorded to recognize the tax consequences on future years of differences between the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as “temporary differences,” and for net operating loss carry-forwards subject to an ongoing assessment of realizability. Deferred income taxes are measured by applying current tax laws. The Company uses the deferral method of accounting for available state tax credits relating to the purchase of the shredder equipment. The FASB has issued guidance, included in the ASC, related to the accounting for uncertainty in income taxes recognized in financial statements. The Company recognizes uncertain income tax positions using the "more-likely-than-not" approach as defined in the ASC. The amount recognized is subject to estimate and management’s judgment with respect to the most likely outcome for each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The Company has no liability for uncertain tax positions recognized as of December 31, 2016 and 2015 . As a policy, the Company recognizes interest accrued related to unrecognized tax positions in interest expense and penalties in operating expenses. See also Note 7 - Income Taxes for additional information relating to income taxes.
Earnings Per Share	Earnings (Loss) Per Share Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding during the year. Diluted earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding plus the dilutive effect of stock options and warrants.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Comprehensive income (loss) is net income (loss) plus certain other items that are recorded directly to shareholders’ equity. Amounts included in accumulated other comprehensive loss for our derivative instruments are not recorded net of tax in 2015 due to the valuation allowance recorded. See Note 7 - Income Taxes for additional information relating to the valuation allowance. There are no amounts included in accumulated other comprehensive loss for derivative instruments in 2016.
Stock Option Arrangements	Stock Option Arrangements The Company has a Long Term Incentive Plan adopted in 2009 ("LTIP") under which it may grant equity awards for up to 2.4 million shares of common stock, which are reserved by the Board of Directors for issuance of equity awards. The Company provides compensation benefits by granting stock options and other share-based awards to employees and directors The exercise price of each option is equal to the market price of the Company's stock on the date of grant. The maximum term of the option is five years. The plan is accounted for based on FASB’s authoritative guidance titled "ASC 718 - Compensation - Stock Compensation. " The Company recognizes share-based compensation expense for the fair value of the awards, on the date granted, on a straight-line basis over their vesting term (service period). Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on our historical experience and future expectations. The Company uses the grant date stock price to value the Company's restricted stock units. The fair value of each restricted stock unit is estimated on the date of grant. The Company uses the Modified Black-Scholes-Merton option-pricing model to value the Company's stock options for each employee stock option award. Using these option pricing models, the fair value of each stock option award is estimated on the date of grant There are two significant inputs into the stock option pricing models: expected volatility and expected term. The Company estimates expected volatility based on traded option volatility of the Company's stock over a term equal to the expected term of the option granted. The expected term of stock option awards granted is derived from historical exercise experience under the Company's stock option plans and represents the period of time that stock option awards granted are expected to be outstanding. The expected term assumption incorporates the contractual term of an option grant, as well as the vesting period of an award. The risk-free interest rate is based on the implied yield on a U.S. Treasury constant maturity with a remaining term equal to the expected term of the option granted. The assumptions used in calculating the fair value of stock-based payment awards represent management's best estimates, but these estimates involve inherent uncertainties and the application of management's judgment. As a result, if factors change and different assumptions are used, stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate, and only recognize expense for those shares expected to vest. If our actual forfeiture rate is materially different from its estimate, the stock-based compensation expense could be significantly different from what was recorded in the current period. Treasury shares or new shares are issued for exercised options. The Company does not expect to repurchase any additional shares within the following annual period to accommodate the exercise of outstanding stock options. Under the LTIP, the Company may grant any of these types of awards: non-qualified and incentive stock options; stock appreciation rights; and other stock awards including stock units, restricted stock units, performance shares, performance units and restricted stock. The performance goals that the Company may use for such awards will be based on any one or more of the following performance measures: cash flow; earnings; earnings per share; market value added or economic value added; profits; return on assets; return on equity; return on investment; revenues; stock price; or total shareholder return. The LTIP is administered by a committee selected by the Board consisting of two one Subject to shareholder approval and restrictions on exercisability set forth in a Stock Option Agreement entered into on December 2, 2013 between the Company and Algar (the “Stock Option Agreement”), the Company granted Algar an option to purchase a total of 1.5 million shares (in four The Company used the Lattice-Based model to value the Company's stock options for the Algar Options due to market and performance conditions prior to September 30, 2016. See Note 12 - Share Based Compensation. The fair value of the Algar Options was estimated at the end of each quarter for the third and fourth tranches due to ongoing performance conditions. For the first two
Subsequent Events	Subsequent Events The Company has evaluated the period from December 31, 2016 through the date the financial statements herein were issued, for subsequent events requiring recognition or disclosure in the financial statements and the following event was identified: As more fully described in Note 3 - Long Term Debt and Notes Payable to Bank, on March 31
Impact of Recently Issued Accounting Standards	Impact of Recently Issued Accounting Standards In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40) In April 2015, the FASB issued ASU 2015-03, Interest-Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs . The guidance requires an entity to present debt issuance costs in the balance sheet as a direct reduction from the carrying amount of the debt liability, consistent with debt discounts, rather than as an asset. Amortization of debt issuance costs will continue to be reported as interest expense. Debt issuance costs related to revolving credit arrangements, however, may continue to be presented as an asset and amortized ratably over the term of the arrangement. ASU 2015-03 is effective for reporting periods beginning after December 15, 2015 including interim periods within those annual periods. Early application is permitted, and upon adoption, ASU 2015-03 should be applied on a retrospective basis. The Company adopted ASU No. 2015-03 and noted no material impact on the Consolidated Financial Statements In July 2015, the FASB issued ASU 2015-11, Inventory In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases The amendments in ASU 2016-02 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. The Company is evaluating the potential impact of ASU 2016-02 on the Consolidated Financial Statements In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses, which provides guidance to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. ASU 2016-13 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. The Company is evaluating the potential impact of ASU 2016-13 on the Consolidated Financial Statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows, Classification of Certain Cash Receipts and Cash Payments

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	In accordance with this guidance, the following tables represent our fair value hierarchy for Level 1 and Level 2 financial instruments, in thousands, at December 31, 2016 and 2015 Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2016 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 526 $ — $ 526 Liabilities Current maturities of long term debt $ — $ (2,942 ) $ (2,942 ) Long term debt, related parties — ( 1,171 ) ( 1,171 ) Fair Value at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs 2015 Level 1 Level 2 Total Assets: Cash and cash equivalents $ 642 $ — $ 642 Liabilities Long term debt $ — $ (20 ) $ (20 )
Schedule of Inventory	Inventories as of December 31, 2016 and 2015 consist of the following: December 31, 2016 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 2,222 $ 805 $ 410 $ 3,437 December 31, 2015 Raw Materials Finished Goods Processing Costs Total (in thousands) Ferrous and non-ferrous materials $ 1,354 $ 652 $ 404 $ 2,410
Schedule of Property and Equipment	Property and equipment, in thousands, as of December 31, 2016 and 2015 consist of the following: Life 2016 2015 Land $ 4,993 $ 4,993 Equipment and vehicles 1-10 years 26,606 25,363 Office equipment 1-7 years 1,624 1,624 Building and leasehold improvements 5-40 years 7,708 7,821 $ 40,931 $ 39,801 Less accumulated depreciation 27,863 25,649 $ 13,068 $ 14,152

LONG TERM DEBT AND NOTES PAYA26

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Long-term	Long term debt as of December 31, 2016 and 2015 2016 2015 (in thousands) Revolving $ 2,942 $ 20 K&R, LLC related party note (See Note 10 - Related Party Transactions) 884 — 7100 Grade Lane, LLC related party note (See Note 10 - Related Party Transactions) 620 — 4,446 20 Less current maturities 2,942 20 $ 1,504 $ —
Schedule of Maturities of Long-term Debt	The annual maturities of long term debt, in thousands, for the next five December 31, 2016 are as follows: 2017 $ 2,942 2018 — 2019 — 2020 1,504 2021 — Total long-term debt $ 4,446

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Schedule of Future Minimum Rental Payments	Future minimum lease payments for operating leases for the next five December 31 2016 are as follows Related Party Other Total 2017 $ 682 $ 92 $ 774 2018 36 — 36 2019 11 — 11 2020 — — — 2021 — — — Future minimum lease payments $ 729 $ 92 $ 821
Schedule of future minimum lease payments for capital leases	Future minimum lease payments for the capital lease for the next five Total Principal Interest 2017 $ 308 $ 198 $ 110 2018 375 290 85 2019 375 318 57 2020 375 349 26 2021 94 93 1 $ 1,527 $ 1,248 $ 279

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Provision (Benefit)	The income tax provision (benefit), in thousands, consists of the following for the years ended December 31, 2016 and 2015: 2016 2015 Federal Current $ — $ — Deferred — — — — State and Local Current 11 13 Deferred 69 — 80 13 $ 80 $ 13
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of income taxes at the statutory rate to the reported provision (benefit), in thousands, is as follows: 2016 2015 Federal income tax at statutory rate $ (1,071 ) $ (595 ) State and local income taxes, net of federal income tax effect (48 ) (77 ) Permanent differences 902 — Increase in deferred tax asset valuation allowance 408 716 Other differences (111 ) (31 ) $ 80 $ 13
Schedule of Deferred Tax Assets and Liabilities	Significant components of the Company’s deferred tax liabilities and assets, in thousands, as of December 31, 2016 and 2015 are as follows: 2016 2015 Deferred tax liabilities Property and equipment $ (935 ) $ (1,459 ) Gross deferred tax liabilities (935 ) (1,459 ) Deferred tax assets Intangibles and goodwill 2,038 2,286 Accrued property taxes 53 13 Allowance for doubtful accounts 14 14 Inventory capitalization 110 63 Stock options 605 1,147 Federal net operating loss carry forward 4,706 4,176 State net operating loss carry forward 1,658 1,758 State recycling equipment tax credit carry forward 4,593 4,598 Inventory valuation reserve 60 78 Accrued expenses 187 77 Other 11 11 Gross deferred tax assets 14,035 14,221 Valuation allowance (13,073 ) (12,665 ) Net deferred tax assets $ 27 $ 97
Schedule of Valuation Allowance	The recorded valuation allowance, in thousands, consisted of the following at December 31, 2016 and 2015: Year Ended December 31, 2016 2015 Valuation allowance, beginning of year $ 12,665 $ 11,949 Increase in deferred tax asset valuation allowance 408 716 Valuation allowance, end of year $ 13,073 $ 12,665

PER SHARE DATA (Tables)

PER SHARE DATA (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The computation for basic and diluted loss per share is as follows: 2016 2015 Continuing operations: (in thousands, except per share information) Basic loss per share Net loss $ (3,230 ) $ (9,085 ) Weighted average shares outstanding 8,048 7,989 Basic loss per share $ (0.40 ) $ (1.14 ) Diluted loss per share Net loss $ (3,230 ) $ (9,085 ) Weighted average shares outstanding 8,048 7,989 Add dilutive — — Diluted weighted average shares outstanding 8,048 7,989 Diluted loss per share $ (0.40 ) $ (1.14 ) 2016 2015 Discontinued operations: (in thousands, except per share information) Basic loss per share Net income $ — $ 7,320 Weighted average shares outstanding 8,048 7,989 Basic income per share $ — $ 0.92 Diluted loss per share Net income $ — $ 7,320 Weighted average shares outstanding 8,048 7,989 Add dilutive — — Diluted weighted average shares outstanding 8,048 7,989 Diluted income per share $ — $ 0.92

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Related party balances as of and for the years ended December 31, 2016 and 2015 2016 2015 K&R, LLC and 7100 Deposit amounts owed to the Company by related parties ( 1 $ 42 $ 74 Property deposit payable to related parties ( 2) — 500 Note payable to related parties ( 3 1,504 — Accrued interest to related parties ( 2 63 — Facility rent payable to related parties ( 2) 176 821 Equipment rent payable to related parties ( 2 15 132 Facility rent expense to related parties ( 4 646 646 Equipment rent expense to related parties ( 4 25 126 Interest expense to related parties ( 4 63 — Algar, Inc.: Accounts receivable from Algar for scrap transactions ( 1 $ — $ 93 Accounts receivable from Algar for logistical services ( 1 — 19 Accounts payable to Algar ( 2 — 28 Bonus payable to Algar ( 2 180 189 Revenue from scrap sales to Algar ( 4 7 117 Revenue from logistical services to Algar ( 4 48 69 Revenue from IT services to Algar (4), (7) 16 23 Scrap material purchases from Algar ( 4), (7) 1,204 1,225 Management fee expense ( 4 238 250 Bonus expense to Algar ( 4 180 — Net rental income from Algar ( 4 16 — Other expenses to Algar (4), (7) 14 30 Board of Directors: * Accounts payable to the Board of Directors for fees ( 2 ) $ 144 $ 250 Board of director fee expense (4) 251 180 Board of director consulting expense ( — 25 LK Property Investments, LLC: Lease deposit to LK Property (1) $ 3 $ 3 Accounts payable to LK Property ( 2 — 2 Rent expense to LK Property** (4) 36 24 Loss on the sale of assets to LK Property (4) — (102 ) Metal X, LLC: Accounts receivable from Metal X (1) $ 105 $ 19 Revenue from product sales to Metal X (4) 246 1,905 SG&D Ventures, LLC: Gain on the sale of assets to SG&D ( 4 $ — $ 1 * Excludes insignificant amount of travel reimbursement. **Excludes amounts reimbursed to LK Properties for utilities and property tax. (1) Included in receivables from related parties on the Consolidated Balance Sheets; balances are as of December 31, 2016 and 2015. (2) Included in payable and accrued expenses to related parties on the Consolidated Balance Sheets; balances are as of December (3) Included in long-term liabilities on the Consolidated Balance Sheets; balance is as of December (4) Included in the Consolidated Statements of Operations; balances are for the year ended December 31, 2016 and 2015. As discussed above, the Company and Algar mutually agreed to terminate the Management Agreement pursuant to the Termination Agreement on September 30, 2016. Therefore, the Company considers Algar a related party through the termination date. The Company reported the Algar related party balances as follows: (5) The 2016 balances are excluded as Algar was not a related party at December 31, 2016. (6) The 2016 balance includes the bonus payable amount at December 31, 2016 as this amount was earned on September 30, 2016 while Algar was a related party. (7) The 2016 balances include transactions for the nine month period ended September 30, 2016, the period Algar was a related party.

SHARE BASED COMPENSATION (Table

SHARE BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Nonvested Stock Option Activity and Number of Shares Reserved for Outstanding Options	Following is a summary of stock option activity and number of shares reserved for outstanding options for the years ended December 31, 2016 and 2015 Total Options Number of shares (in thousands) Weighted Average Exercise Price per Share Weighted Average Remaining Contractual Term Weighted Average Grant Date Fair Value Outstanding at December 31, 2014 2,152 $ 5.02 2.70 years $ 2.23 Granted 20 5.71 — 3.01 Outstanding at December 31, 2015 2,172 $ 5.02 1.70 years $ 2.24 Cancelled (1,670 ) $ 5.10 — $ 2.18 Outstanding at December 31, 2016 502 $ 4.78 2.07 years $ 2.43 Exercisable at December 31, 2016 502 4.78 2.07 years $ 2.43 Securities available for grant at December 31, 2016 1,636 Following is a summary of the nonvested options issued and outstanding: Weighted Average Grant Non-Vested Options Number of shares (in thousands) Date Option Fair Value Outstanding at January 1, 2015 990 $ 2.31 Granted 20 3.01 Vested (140 ) 2.95 Forfeited — — Outstanding at December 31, 2015 870 $ 2.22 Cancelled (870 ) 2.22 Outstanding at December 31, 2016 — $ —
Schedule of Weighted Average Assumptions	The weighted average assumptions relating to the valuation of the Company's stock options awarded in 2015 2016 2015 Weighted average grant-date fair value of grants per option $ 3.01 Volatility 60.1 % Risk-free interest rate 2.3 % Expected life (in years) 5 Expected dividend yield 0.0 %
Summary of restricted stock units	Following is a summary of RSU activity: Restricted Stock Units Number of shares (in thousands) WA Remaining Term WA Grant Outstanding at December 31, 2015 — — $ — Granted 133.4 0.35 years 2.32 Vested (88.3 ) — 2.36 Outstanding at December 31, 2016 45.1 1.05 years $ 2.23

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	2015 (in thousands) Revenue from services and product sales $ 7,402 Cost of sales for services 5,486 Selling, general, and administrative expenses 678 Gain on the sale of business 6,031 Gain on the sale of equipment 51 Net income $ 7,320 2015 (in thousands) Cash flows from operating activities Net income from discontinued operations $ 7,320 Adjustments to reconcile net loss to net cash from operating activities: Depreciation and amortization 402 Gain on sale of property and equipment (51 ) Gain on sale of business ( 6,031 ) Change in assets and liabilities Receivables ( 103 ) Inventories 10 Other assets 12 Accounts payable 172 Other current liabilities 52 Net cash from operating activities $ 1,783 Cash flows from investing activities Proceeds from sale of property and equipment 76 Proceeds from sale of business, net of disposal costs 7,000 Purchases of property and equipment (432 ) Net cash provided by investing activities $ 6,644 A pro forma summary of continuing operations for the three months ended December 31, 2015 assuming the Waste Services Segment was sold at the beginning of the quarter is as follows (unaudited): 2015 (in thousands, except per share data) Total revenue $ 6,555 Net loss from continuing operations (2,351 ) Net loss 3,680 Net loss from continuing operations per share $ (0.29 ) Net income per share 0.46

SUMMARY OF SIGNIFICANT ACCOUN33

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	Dec. 04, 2015	Nov. 06, 2015USD ($)	Apr. 30, 2015USD ($)a	May 31, 2015USD ($)a	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Nov. 05, 2015USD ($)
Concentration Risk [Line Items]
Inventory write-down					$ 0	$ 1,283,000
Accounts Receivable and Allowance for Doubtful Accounts
Allowance for doubtful accounts					35,000	35,000
Accounts receivable, net					3,361,000	1,669,000
Factoring Fees
Amortization of loan fees					130,100	242,400
Banking expenses entered into a loan with MidCap					240,500
Advertising Expense
Advertising expense					800	2,400
Gain (Loss) on Disposition of Property Plant Equipment					0	320,000
Impairment loss, property and equipment					0	636,600
Payments of underwriting fees					241,000	0
Long-term Debt					4,446,000	20,000
Customer Concentration Risk [Member]
Accounts Receivable and Allowance for Doubtful Accounts
Accounts receivable, net					$ 400,000
Sales Revenue, Segment [Member] | Customer Concentration Risk [Member]
Accounts Receivable and Allowance for Doubtful Accounts
Major customer percentage					12.50%
Minimum [Member]
Accounts Receivable and Allowance for Doubtful Accounts
Accounts receivable, past due period					30 days
Maximum [Member]
Accounts Receivable and Allowance for Doubtful Accounts
Accounts receivable, past due period					60 days
Affiliated Entity, LK Property Investments, LLC [Member] | Subsidiaries [Member]
Concentration Risk [Line Items]
Sale Leaseback Transaction, Area of Real Estate Property | a			4.4
Advertising Expense
Sale Leaseback Transaction, Gross Proceeds, Financing Activities			$ 1,000,000
Gain (Loss) on Disposition of Property Plant Equipment			$ 102,000
Auto Shredder and Downstream Processing System [Member]
Advertising Expense
Impairment loss, property and equipment					$ 636,600
Real Estate Sale [Member] | Affiliated Entity, SG&D Ventures, LLC [Member] | Subsidiaries [Member]
Advertising Expense
Gain (Loss) on Disposition of Property Plant Equipment				$ 1,100
Area of Real Estate Property | a				1
Sale of Real Estate, Consideration Received				$ 350,000
Proceeds from Sale of Real Estate				300,000
Noncash or Part Noncash Divestiture, Amount of Consideration Received				$ 50,000
Revolving credit facility with Wells Fargo [Member] | Forbearance Agreement [Member]
Concentration Risk [Line Items]
Interest rate increase		1.00%
Advertising Expense
Maximum borrowing capacity		$ 5,000,000					$ 15,000,000
Wells Fargo [Member] | Revolving credit facility with Wells Fargo [Member] | Revolving Loan [Member]
Advertising Expense
Outstanding balance						19,700
Waste Services Segment [Member]
Advertising Expense
Gain (Loss) on Disposition of Property Plant Equipment						$ 51,000
Number of years after closing	5 years
Consideration at closing					7,500,000
Amount retained by purchaser					$ 150,000
Ferrous Material [Member]
Concentration Risk [Line Items]
Average Selling Price, Percent					(49.40%)
Non Ferrous Material [Member]
Concentration Risk [Line Items]
Average Selling Price, Percent					(24.90%)

SUMMARY OF SIGNIFICANT ACCOUN34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	May 01, 2016	Dec. 31, 2015
Liabilities
Long term debt, related parties	$ (1,504)		$ 0
Capital lease obligations	1,100	$ 1,300
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
Assets:
Cash and cash equivalents	526		642
Liabilities
Long-term debt	0		0
Long term debt, related parties	0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Assets:
Cash and cash equivalents	0		0
Liabilities
Long-term debt	(2,942)		(20)
Long term debt, related parties	(1,171)
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Cash and cash equivalents	526		642
Liabilities
Long-term debt	(2,942)		$ (20)
Long term debt, related parties	$ (1,171)

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Inventories) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Inventory write-down	$ 0	$ 1,283
Inventory, Net [Abstract]
Total	3,437	2,410
Stainless steel, ferrous and non-ferrous materials [Member]
Inventory, Net [Abstract]
Raw Materials	2,222	1,354
Finished Goods	805	652
Processing Costs	410	404
Total	$ 3,437	$ 2,410

SUMMARY OF SIGNIFICANT ACCOUN36

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Property and Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 40,931	$ 39,801
Less accumulated depreciation and amortization	27,863	25,649
Property and equipment, net	13,068	14,152
Depreciation expense	2,300	2,400
Cost of Sales [Member]
Property, Plant and Equipment, Net [Abstract]
Depreciation expense	2,200	2,200
General and Administrative Expense [Member]
Property, Plant and Equipment, Net [Abstract]
Depreciation expense	100	200
Land [Member]
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	4,993	4,993
Equipment and vehicles [Member]
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 26,606	25,363
Equipment and vehicles [Member] | Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	1 year
Equipment and vehicles [Member] | Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	10 years
Office equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 1,624	1,624
Office equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	1 year
Office equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	7 years
Building and leasehold improvements [Member]
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 7,708	$ 7,821
Building and leasehold improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	5 years
Building and leasehold improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Life	40 years

SUMMARY OF SIGNIFICANT ACCOUN37

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Stock Option Plans, Narrative) (Details) shares in Thousands	Dec. 02, 2013$ / sharesshares	Dec. 02, 2013tranche$ / sharesshares	Sep. 30, 2016tranche	Dec. 31, 2016peopleshares	Dec. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Shares					20
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available under plan				2,400
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term of options				5 years
Granted, Shares					20
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of independent Board Members | people				2
Number of awards available for grant | people				1
Algar, Inc. [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Shares	1,500	1,500
Exercise price (USD per Share) | $ / shares	$ 5	$ 5
Number of tranches | tranche		4
Share-based Payment Award, Number of Tranches Subject to Performance Condition Evaluation | tranche			2

MANAGEMENT SERVICES AGREEMENT38

MANAGEMENT SERVICES AGREEMENT WITH ALGAR, INC. (Details) $ / shares in Units, shares in Thousands	Dec. 02, 2013USD ($)$ / sharesshares	Dec. 02, 2013$ / sharesshares	Dec. 31, 2015shares
Management Services Agreement [Line Items]
Stock options (in Shares) | shares			20
Algar, Inc. [Member]
Management Services Agreement [Line Items]
Additional number of executive officers Algar authorized to appoint	1	1
Number of board members	7	7
Number of board members appointed by Algar to serve as vice-chairman	1	1
Percent of year-over-year increase in pre-tax income for bonus	10.00%	10.00%
Stock options (in Shares) | shares	1,500	1,500
Exercise price (USD per Share) | $ / shares	$ 5	$ 5
Maximum [Member] | Algar, Inc. [Member]
Management Services Agreement [Line Items]
Number of board members Algar authorized to appoint	2	2
Former Chairman and Chief Executive Officer [Member]
Management Services Agreement [Line Items]
Percentage shares owned	27.00%	27.00%
President [Member] | Maximum [Member] | Algar, Inc. [Member]
Management Services Agreement [Line Items]
President's monthly salary | $	$ 20,800
President's annual salary | $	$ 250,000

LONG TERM DEBT AND NOTES PAYA39

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Promissory Notes) (Details)	Dec. 04, 2015USD ($)	May 19, 2015USD ($)	Jun. 13, 2014USD ($)installmenrs	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Long-term Debt				$ 4,446,000	$ 20,000
Notes Payable to Banks [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Face amount			$ 2,800,000
Maximum percentage on prepayment fee					2.00%
Basis spread on variable rate			3.25%
Interest rate increase			2.00%
Number of monthly installments | installmenrs			60
Notes Payable to Banks [Member] | KY Bank Notes [Member] | WESSCO, LLC [Member]
Debt Instrument [Line Items]
Number of promissory notes	2
Notes Payable to Banks [Member] | WESSCO Term Note [Member] | Affiliated Entity [Member]
Debt Instrument [Line Items]
Number of promissory notes	1
Proceeds from debt	$ 3,000,000
Line of Credit Facility, Revolving Credit Conversion to Term Loan [Member] | KY Bank Notes [Member] | Affiliated Entity [Member]
Debt Instrument [Line Items]
Maximum revolving commitment	$ 1,000,000
Number of promissory notes	1
Revolving credit facility with Wells Fargo [Member]
Debt Instrument [Line Items]
Remaining borrowing capacity					$ 800,000
Revolving credit facility with Wells Fargo [Member] | Revolving Loan [Member]
Debt Instrument [Line Items]
Maximum revolving commitment			$ 15,000,000
Percentage of eligible accounts receivable			85.00%
Percent of eligible inventory			65.00%
Current borrowing capacity					1,600,000
Increased current borrowing capacity		$ 350,000
Weekly usage fee		$ 5,000
Description of variable rate basis			three month LIBOR
Basis spread on variable rate			3.00%
Wells Fargo [Member] | Revolving credit facility with Wells Fargo [Member] | Revolving Loan [Member]
Debt Instrument [Line Items]
Outstanding balance					$ 19,700
Letter of Credit [Member] | Revolving credit facility with Wells Fargo [Member] | Revolving Loan [Member]
Debt Instrument [Line Items]
Maximum revolving commitment			$ 1,000,000

LONG TERM DEBT AND NOTES PAYA40

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Schedule of Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total long-term debt	$ 4,446	$ 20
Less current maturities	2,942	20
Long-term debt	1,504	0
K and R, LLC [Member]
Debt Instrument [Line Items]
Total long-term debt	884	0
Grade Lane 7100, LLC [Member]
Debt Instrument [Line Items]
Total long-term debt	620	0
Revolving credit facility with MidCap and Wells Fargo [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 2,942	$ 20

LONG TERM DEBT AND NOTES PAYA41

LONG TERM DEBT AND NOTES PAYABLE TO BANK (Annual Maturities) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
2,017	$ 2,942
2,018	0
2,019	0
2,020	1,504
2,021	0
Total long-term debt	$ 4,446	$ 20

LONG TERM DEBT AND NOTES PAYA42

LONG TERM DEBT AND NOTES PAYABLE TO BANK MidCap (Details) - USD ($)	Mar. 31, 2017	Feb. 29, 2016	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Payments of underwriting fees			$ 241,000	$ 0
Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity			6,000,000
Line of Credit [Member] | MidCap 2016 Loan [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 8,000,000
Line of Credit Facility Borrowing Capacity Percent of Eligible Domestic Accounts Receivable	85.00%
Eligible inventory	$ 2,500,000
Percent of eligible inventory	75.00%
Line of Credit Facility Borrowing Capacity Appraised Net Forced Liquidation Value Of Eligible Fixed Assets	$ 400,000
Percent of eligible fixed assets	40.00%
Minimum borrowing capacity required	$ 350,000
Fixed Charge Coverage Ratio Multiple Used	1.1
Payments of underwriting fees	$ 20,000
Line of Credit [Member] | MidCap 2016 Loan [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Prepayment fee, less than 12 months		$ 120,000
Line of Credit, Prepayment Fee, Period to Refinance		1 year
Line of Credit [Member] | MidCap 2016 Loan [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Line of Credit, Prepayment Fee, Period to Refinance		1 year
Prepayment fee, greater than 12 months		$ 60,000
Line of Credit [Member] | MidCap 2016 Loan [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument [Line Items]
Line of Credit, Prepayment Fee, Period to Refinance		18 months
Prepayment fee, greater than 12 months		$ 60,000
Secured Debt [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 6,000,000
Collateral-monitoring fee percent		0.275%
Annual facility fee		1.00%
Unused line fee percent		0.50%
Minimum borrowing capacity required		$ 350,000
Amount eligible for sale or refinance		$ 3,000,000
Remaining borrowing capacity			$ 1,300,000
Secured Debt [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Prime rate percent		3.75%
Basis spread on variable rate		2.50%
Interest rate increase		3.00%
Equipment Sublimit [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member]
Debt Instrument [Line Items]
Eligible inventory		$ 500,000
Percent of eligible inventory		75.00%
Percent of eligible fixed assets		40.00%
Percentage of eligible accounts receivable		85.00%
Eligible accounts receivable		$ 2,500,000
Amortization period for equipment sublimit (in months)		60 months
Equipment Sublimit [Member] | Line of Credit [Member] | MidCap 2016 Loan [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Percent of eligible fixed assets	45.00%
Line of Credit Facility Borrowing Capacity Eligible Fixed Assets	$ 1,750,000

LEASE COMMITMENTS (Narrative) (

LEASE COMMITMENTS (Narrative) (Details)	May 01, 2016USD ($)	Aug. 31, 2015	Dec. 01, 2014USD ($)extension	Oct. 01, 2014USD ($)	Mar. 02, 2014USD ($)	Dec. 01, 2010USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Feb. 28, 2014USD ($)
Operating Leased Assets [Line Items]
Amount not included in future minimum lease payments due to lease termination							$ 11,400
Rent expense, gross							982,200	$ 1,357,400
Monthly payments for the first twelve months following the amendment date	$ 14,500
Monthly payments for the reminder of the lease term	31,300
Capital lease obligations	$ 1,300,000						1,100,000
Weighted average cost of capital (as a percent)	9.30%
Depreciation expense related to the Crane lease							171,300
Interest expense related to the Crane lease							78,700
Facility [Member] | Seymour, Indiana [Member]
Operating Leased Assets [Line Items]
Lease renewal period			3 years
Lease term			3 years
Number of lease extensions | extension			3
Monthly rent expense, gross			$ 8,000
Monthly rent, increase			$ 200
Equipment [Member]
Operating Leased Assets [Line Items]
Lease renewal period				5 years
Monthly rent expense, gross				$ 28,900
Equipment [Member] | Louisville, Kentucky [Member] | K and R, LLC [Member]
Operating Leased Assets [Line Items]
Monthly rent expense, gross						$ 5,500	$ 5,000
Lot [Member] | Louisville, Kentucky [Member]
Operating Leased Assets [Line Items]
Lease term		19 months
Monthly rent expense, gross					$ 3,800					$ 3,500
Rent Expense, Property [Member] | Facility [Member] | Louisville, Kentucky [Member] | K and R, LLC [Member]
Operating Leased Assets [Line Items]
Monthly rent, updated									$ 53,800

LEASE COMMITMENTS (Lease Paymen

LEASE COMMITMENTS (Lease Payments) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Operating Leased Assets [Line Items]
2,017	$ 774
2,018	36
2,019	11
2,020	0
2,021	0
Future minimum lease payments	821
Other [Member]
Operating Leased Assets [Line Items]
2,017	92
2,018	0
2,019	0
2,020	0
2,021	0
Future minimum lease payments	92
Related Party [Member]
Operating Leased Assets [Line Items]
2,017	682
2,018	36
2,019	11
2,020	0
2,021	0
Future minimum lease payments	$ 729

LEASE COMMITMENTS (Future Minim

LEASE COMMITMENTS (Future Minimum Lease Payments for Capital Leases) (Details) $ in Thousands	Dec. 31, 2016USD ($)
Future minimum lease payments for capital leases - Total
2,017	$ 308
2,018	375
2,019	375
2,020	375
2,021	94
Total	1,527
Future minimum lease payments for capital leases - Principal
2,017	198
2,018	290
2,019	318
2,020	349
2,021	93
Total	1,248
Capital Leases Future Minimum Payments Due Interest Abstract
2,017	110
2,018	85
2,019	57
2,020	26
2,021	1
Total	$ 279

PROVISION FOR EMPLOYEE TERMIN46

PROVISION FOR EMPLOYEE TERMINATIONS AND SEVERANCES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Postemployment Benefits [Abstract]
Provision for employee terminations and severances	$ 0	$ 9,900

EMPLOYEE RETIREMENT PLAN (Detai

EMPLOYEE RETIREMENT PLAN (Details)	12 Months Ended
	Dec. 31, 2016
Defined Contribution Plan [Line Items]
Percentage of employer matching contribution	25.00%
Employer matching contribution, percent of employees' gross pay	6.00%
Minimum [Member]
Defined Contribution Plan [Line Items]
Percent of weekly contribution incentive	7.00%
Maximum [Member]
Defined Contribution Plan [Line Items]
Percent of weekly contribution incentive	10.00%
After January 1, 2013 [Member]
Defined Contribution Plan [Line Items]
Percentage of maximum annual employee contribution	100.00%

INCOME TAXES (Income Tax Provis

INCOME TAXES (Income Tax Provision (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Federal [Abstract]
Current	$ 0	$ 0
Deferred	0	0
Federal income tax expense (benefit)	0	0
State and Local [Abstract]
Current	11	13
Deferred	69	0
State income tax expense (benefit)	80	13
Income tax provision (benefit)	$ 80	$ 13

INCOME TAXES (Income Tax Reconc

INCOME TAXES (Income Tax Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Federal income tax at statutory rate	$ (1,071)	$ (595)
State and local income taxes, net of federal income tax effect	(48)	(77)
Permanent differences	902	0
Increase in deferred tax asset valuation allowance	408	716
Other differences	(111)	(31)
Income tax provision (benefit)	$ 80	$ 13

INCOME TAXES (Deferred Tax Liab

INCOME TAXES (Deferred Tax Liabilities and Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Liabilities [Abstract]
Property and equipment	$ (935)	$ (1,459)
Gross deferred tax liabilities	(935)	(1,459)
Deferred tax assets
Intangibles and goodwill	2,038	2,286
Accrued property taxes	53	13
Allowance for doubtful accounts	14	14
Inventory capitalization	110	63
Stock options	605	1,147
Federal net operating loss carry forward	4,706	4,176
State net operating loss carry forward	1,658	1,758
State recycling equipment tax credit carry forward	4,593	4,598
Inventory valuation reserve	60	78
Accrued expenses	187	77
Other	11	11
Gross deferred tax assets	14,035	14,221
Valuation allowance	(13,073)	(12,665)	$ (11,949)
Net deferred tax assets	$ 27	$ 97

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Examination and Tax Carryforward [Line Items]
State recycling equipment tax credit carry forward	$ 4,593,000	$ 4,598,000
Operating loss carryforwards	13,800,000
State and Local Jurisdiction [Member]
Income Tax Examination and Tax Carryforward [Line Items]
Net operating loss carryforward	26,800,000
Recycling tax credit carryforwards, net of valuation allowance	27,000
State and Local Jurisdiction [Member] | General Business Tax Credit Carryforward [Member]
Income Tax Examination and Tax Carryforward [Line Items]
State recycling equipment tax credit carry forward	4,600,000
State recycling equipment tax credits	$ 3,000	$ 7,400

INCOME TAXES (Valuation Allowan

INCOME TAXES (Valuation Allowance) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Valuation allowance, beginning of year	$ 12,665	$ 11,949
Increase in deferred tax asset valuation allowance	408	716
Valuation allowance, end of year	$ 13,073	$ 12,665

PER SHARE DATA (Details)

PER SHARE DATA (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Basic loss per share
Net loss	$ (3,230)	$ (9,085)
Net loss, discontinued operations	$ 0	$ 7,320
Weighted average shares outstanding	8,048	7,989
Basic (loss) earnings per share (in dollars per share)	$ 0.40	$ (1.14)
Discontinued operations, basic (in dollars per share)	$ 0	$ 0.92
Diluted loss per share
Net loss	$ (3,230)	$ (9,085)
Weighted average shares outstanding	8,048	7,989
Add dilutive	0	0
Diluted weighted average shares outstanding	8,048	7,989
Diluted (loss) earnings per share (in dollars per share)	$ 0.40	$ (1.14)
Diluted loss per share (in dollars per share)	$ 0	$ 0.92

RELATED PARTY TRANSACTIONS (Sch

RELATED PARTY TRANSACTIONS (Schedule of Related Party Transactions) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Aug. 05, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Payable to related parties (Note 10)	$ 578,000	$ 1,922,000
Director [Member]
Related Party Transaction [Line Items]
Expenses	251,000	180,000
Accounts payable	144,000	250,000
Consulting Fees [Member] | Director [Member]
Related Party Transaction [Line Items]
Expenses	0	25,000
Algar, Inc. [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Accrued rent payable	180,000	189,000
Expenses	14,000	30,000
Accrued bonuses	180,000	0	$ 378,000	$ 428,000
Accounts payable	0	28,000
Algar, Inc. [Member] | Purchase of Scrap Metal [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Expenses	1,204,000	1,225,000
Algar, Inc. [Member] | Management Fee [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Expenses	238,000	250,000
Algar, Inc. [Member] | Sale of Scrap Metal [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	7,000	117,000
Accounts Receivable, Related Parties	0	93,000
Algar, Inc. [Member] | Logistical Services [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	48,000	69,000
Accounts Receivable, Related Parties	0	19,000
Algar, Inc. [Member] | IT Services [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	16,000	23,000
Algar, Inc. [Member] | Net rental Income [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	16,000	0
K and R, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits (included in other long-term assets)	42,000	74,000
Notes Payable, Related Parties	1,504,000	0
Accrued Interest Related Party	63,000	0
Payable to related parties (Note 10)	0	500,000
K and R, LLC [Member] | Related Party Transaction, Accrued Rent, Property [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Accrued rent payable	176,000	821,000
K and R, LLC [Member] | Rent Expense, Property [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Expenses	646,000	646,000
K and R, LLC [Member] | Lease Expense, Equipment [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Accrued rent payable	15,000	132,000
Expenses	25,000	126,000
K and R, LLC [Member] | Interest expense [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Expenses	63,000	0
Affiliated Entity, LK Property Investments, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Deposits (included in other long-term assets)	3,000	3,000
Expenses	36,000	24,000
Accounts payable	0	2,000
Scrap material sales	0	(102,000)
MetalX, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	246,000	1,905,000
Accounts Receivable, Related Parties	105,000	19,000
Affiliated Entity, SG&D Ventures, LLC [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Scrap material sales	$ 0	$ 1,000

RELATED PARTY TRANSACTIONS (K&R

RELATED PARTY TRANSACTIONS (K&R Narrative) (Details) - USD ($)	Dec. 31, 2016	Feb. 29, 2016	Dec. 31, 2015	Sep. 13, 2013
Deposit from related party [Abstract]
Deposit from related party	$ 578,000		$ 1,922,000
Former Chairman and Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Percentage of stock owned by investor	20.00%
K and R, LLC [Member] | Affiliated Entity [Member]
Deposit from related party [Abstract]
Deposit from related party	$ 0		500,000
Notes Payable, Related Parties	$ 1,504,000		$ 0
Accounts Receivable, Related Parties		$ 32,000
Due to Related Parties		500,000
The Kletter Notes [Member] | Unsecured Debt [Member] | Grade Lane 7100, LLC [Member] | Affiliated Entity [Member]
Deposit from related party [Abstract]
Notes Payable, Related Parties		883,800
The Kletter Notes [Member] | Unsecured Debt [Member] | Kletter Estate [Member] | Affiliated Entity [Member]
Deposit from related party [Abstract]
Notes Payable, Related Parties		1,500,000
The Kletter Notes [Member] | Unsecured Debt [Member] | K and R, LLC [Member] | K and R, LLC [Member]
Deposit from related party [Abstract]
Notes Payable, Related Parties		1,500,000
The Kletter Notes [Member] | Unsecured Debt [Member] | K and R, LLC [Member] | Affiliated Entity [Member]
Deposit from related party [Abstract]
Notes Payable, Related Parties		$ 620,300
Interest rate		5.00%
Louisville, Kentucky [Member] | K and R, LLC [Member] | Affiliated Entity [Member]
Deposit from related party [Abstract]
Deposit from related party				$ 500,000

RELATED PARTY TRANSACTIONS Mana

RELATED PARTY TRANSACTIONS Management Agreement (Details)	Aug. 05, 2015USD ($)shares	Apr. 30, 2015USD ($)a	Dec. 02, 2013USD ($)	May 31, 2015USD ($)a	Sep. 30, 2016USD ($)installment	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Related Party Transaction [Line Items]
Common stock and warrants						$ 0	$ 189,000
Gain (Loss) on Disposition of Property Plant Equipment						0	320,000
Affiliated Entity, LK Property Investments, LLC [Member]
Related Party Transaction [Line Items]
Sale Leaseback Transaction, Monthly Rental Payments		$ 3,000
Sale Leaseback Transaction, Termination Notice Period		90 days
Sale Leaseback Transaction, Reimbursement Percentage of Property Taxes		40.00%
Algar, Inc. [Member]
Related Party Transaction [Line Items]
Percent of Year-Over-Year Increase in Pre-Tax Income for Bonus			10.00%
Subsidiaries [Member] | Affiliated Entity, LK Property Investments, LLC [Member]
Related Party Transaction [Line Items]
Sale Leaseback Transaction, Area of Real Estate Property | a		4.4
Sale Leaseback Transaction, Gross Proceeds, Financing Activities		$ 1,000,000
Gain (Loss) on Disposition of Property Plant Equipment		$ 102,000
Subsidiaries [Member] | Real Estate Sale [Member] | Affiliated Entity, SG&D Ventures, LLC [Member]
Related Party Transaction [Line Items]
Noncash or Part Noncash Divestiture, Amount of Consideration Received				$ 50,000
Gain (Loss) on Disposition of Property Plant Equipment				$ 1,100
Area of Real Estate Property | a				1
Sale of Real Estate, Consideration Received				$ 350,000
Proceeds from Sale of Real Estate				$ 300,000
Private Placement [Member] | Algar, Inc. [Member]
Related Party Transaction [Line Items]
Common stock and warrants (in Shares) | shares	50,700
Common stock and warrants	$ 189,000
President [Member] | Maximum [Member] | Algar, Inc. [Member]
Related Party Transaction [Line Items]
Management Agreement, Salary, Monthly			$ 20,800
Management Agreement, Salary, Annually			$ 250,000
Algar, Inc. [Member]
Related Party Transaction [Line Items]
Amount Payable Under Management Termination Agreement					$ 20,880
Amount Payable In Equal Monthly Installments Under Management Termination Agreement					$ 50,000
Number Of Equal Monthly Installments To Be Paid On Management Termination Agreement | installment					3
Percentage payable of year-over-year decrease in loss before income taxes for bonus					10.00%
Related Party Transaction Bonus Expense					$ 180,000
Algar, Inc. [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Accrued bonuses	$ 378,000					$ 180,000	0	$ 428,000
Algar, Inc. [Member] | Subsidiaries [Member] | Real Estate Sale [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Noncash or Part Noncash Divestiture, Amount of Consideration Received							$ 50,000
Algar, Inc. [Member] | Private Placement [Member] | Affiliated Entity [Member]
Related Party Transaction [Line Items]
Common stock and warrants (in Shares) | shares	50,700
Common stock and warrants	$ 189,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)locationsegments	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segments	2
Depreciation expense	$ 2,300	$ 2,400
Segment Reporting Information, Profit (Loss)
Inventory adjustment for lower of cost or market	0	(1,283)
Selling, general and administrative expenses	(4,475)	(3,879)
Loss before other income (expense)	(3,056)	(8,724)
Segment Reporting Information, Assets
Cash	526	642	$ 1,059
Income tax receivable	14	14
Accounts receivable, net	3,361	1,669
Inventories	3,437	2,410
Net property and equipment	13,068	14,152
Total assets	$ 20,856	$ 19,434
Recycling [Member]
Segment Reporting Information [Line Items]
Number of locations segment is located | location	4

SHARE BASED COMPENSATION (Narra

SHARE BASED COMPENSATION (Narrative) (Details)

Mar. 29, 2016USD ($)shares

Mar. 25, 2016USD ($)shares

Aug. 05, 2015USD ($)shares

Jan. 15, 2015shares

Dec. 02, 2013USD ($)$ / sharesshares

Dec. 02, 2013$ / sharesshares

Jan. 31, 2015$ / sharesshares

Dec. 31, 2016USD ($)peopleshares

Dec. 31, 2015USD ($)shares

Dec. 31, 2017USD ($)

Sep. 30, 2016USD ($)

Dec. 31, 2014USD ($)

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

20,000

Purchase price | $

$ 0

$ 189,000

Expense incurred under retention agreements with certain management | $

$ 22,100

Awards granted (in Shares)

20,000

170,000

Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of people, outside Board members | people

2

Number of awards available for grant | people

1

Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares available under plan

2,400,000

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Contractual term

5 years

Stock options (in Shares)

20,000

Unrecognized stock-based compensation | $

$ 142,000

Share-based compensation expense | $

$ 400,000

$ 200,000

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Awards granted (in Shares)

11,400

133,400

Grant date fair value | $

$ 32,000

Award vesting

88,300

Number of shares in each RSU

1

Share-based compensation expense | $

$ 400,000

200,000

CFO [Member] | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

3 years

Stock options (in Shares)

20,000

Exercise price (USD per Share) | $ / shares

$ 5.71

CFO [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Awards granted (in Shares)

32,000

90,000

Grant date fair value | $

$ 90,200

Award vesting

56,250

Number of shares in each RSU

1

CFO [Member] | Tranche One | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

33.33333%

CFO [Member] | Tranche One | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

50.00%

Award vesting

45,000

CFO [Member] | Tranche Two | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

16.66666%

CFO [Member] | Tranche Two | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

12.50%

Award vesting

11,250

CFO [Member] | Tranche Three | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

16.66666%

CFO [Member] | Tranche Three | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

12.50%

Award vesting

11,250

CFO [Member] | Tranche Four | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

16.66666%

CFO [Member] | Tranche Four | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

12.50%

Award vesting

11,250

CFO [Member] | Tranche Five | Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

16.66666%

CFO [Member] | Tranche Five | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percent vested after first anniversary of grant date

12.50%

Award vesting

11,250

President/CFO [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Accrued bonuses | $

$ 100,000

President/CFO [Member] | Subsequent Event [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Accrued bonuses | $

$ 125,000

Staff [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Accrued bonuses | $

$ 132,700

Staff [Member] | Subsequent Event [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of bonus to be paid on annual base salary

25.00%

Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

1,500,000

1,500,000

Exercise price (USD per Share) | $ / shares

$ 5

$ 5

Options 1 [Member] | Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

375,000

Options 2 [Member] | Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

375,000

Options 2 [Member] | Algar, Inc. [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share price (USD per share) | $ / shares

$ 6

6

Options 3 [Member] | Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

375,000

Increase in revenue following acquisition | $

$ 90,000,000

Options 3 [Member] | Algar, Inc. [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share price (USD per share) | $ / shares

$ 8

8

Options 4 [Member] | Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock options (in Shares)

375,000

Increase in revenue following acquisition | $

$ 120,000,000

Options 4 [Member] | Algar, Inc. [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share price (USD per share) | $ / shares

$ 9

$ 9

Private Placement [Member] | Algar, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Purchase price | $

$ 189,000

Common stock and warrants (in Shares)

50,700

Algar, Inc. [Member] | Affiliated Entity [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Accrued bonuses | $

$ 378,000

$ 180,000

$ 0

$ 428,000

Algar, Inc. [Member] | Private Placement [Member] | Affiliated Entity [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Purchase price | $

$ 189,000

Common stock and warrants (in Shares)

50,700

SHARE BASED COMPENSATION - Stoc

SHARE BASED COMPENSATION - Stock Option Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Number of Shares [Roll Forward]
Granted, Shares		20
Weighted Average Grant Date Fair Value [Roll Forward]
Granted		$ 3.01
Stock Options [Member]
Number of Shares [Roll Forward]
Beginning Balance, Outstanding Shares	2,172	2,152
Granted, Shares		20
Cancelled	(1,670)
Ending Balance, Outstanding Shares	502	2,172	2,152
Exercisable, Shares	502
Available for Grant, Shares	1,636
Weighted Average Exercise Price per Share
Outstanding, Weighted Average Exercise Price ($ per share)	$ 5.02	$ 5.02
Granted, Weighted Average Exercise Price ($ per share)		5.71
Cancelled, Weighted Average Exercise Price Share ($ per share)	5.10
Outstanding, Weighted Average Exercise Price ($ per share)	4.78	$ 5.02	$ 5.02
Exercisable, Weighted Average Exercise Price ($ per share)	$ 4.78
Weighted Average Remaining Contractual Term [Roll Forward]
Outstanding, Weighted Average Remaining Contractual Term	2 years 25 days	1 year 8 months 12 days	2 years 8 months 12 days
Exercisable, Weighted Average Remaining Contractual Term	2 years 25 days
Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding, Weighted Average Grant Date Fair Value ($ per share)	$ 2.24	$ 2.23
Granted		3.01
Cancelled, Weighted Average Grant Date Fair Value ($ per share)	2.18
Outstanding, Weighted Average Grant Date Fair Value ($ per share)	2.43	$ 2.24	$ 2.23
Exercisable, Weighted Average Grant Date Fair Value ($ per share)	$ 2.43

SHARE BASED COMPENSATION - Nonv

SHARE BASED COMPENSATION - Nonvested Options (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Nonvested Options, Number of Shares
Beginning balance	870	990
Granted, Shares		20
Vested		(140)
Forfeited		0
Cancelled	(870)
Ending balance	0	870
Weighted Average Grant Date Option Fair Value
Beginning balance	$ 2.22	$ 2.31
Granted		3.01
Vested		2.95
Forfeited		0
Cancelled	2.22
Ending balance	$ 0	$ 2.22

SHARE BASED COMPENSATION (Weigh

SHARE BASED COMPENSATION (Weighted Average Assumptions) (Details)	12 Months Ended
	Dec. 31, 2015$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of grants per option	$ 3.01
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of grants per option	$ 3.01
Volatility	60.10%
Risk-free interest rate	2.30%
Expected life (in years)	5 years
Expected dividend yield	0.00%

SHARE BASED COMPENSATION (Restr

SHARE BASED COMPENSATION (Restricted Stock Units Activity) (Details) - $ / shares	Mar. 29, 2016	Jan. 15, 2015	Dec. 31, 2016
Number of shares
Granted, Shares		20,000	170,000
Restricted Stock Units (RSUs) [Member]
Number of shares
Beginning Balance, Outstanding Shares			0
Granted, Shares	11,400		133,400
Vested, Shares			(88,300)
Ending Balance, Outstanding Shares			45,100
Weighted Average Remaining Contractual Term
Granted, Weighted Average Remaining Contractual Term			4 months 6 days
Vested, Weighted Average Remaining Contractual Term			0 years
Outstanding, Weighted Average Remaining Contractual Term			1 year 18 days
Weighted Average Grant Date Fair Value
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)			$ 0
Granted, Weighted Average Grant Date Fair Value ($ per Share)			2.32
Vested, Weighted Average Grant Date Fair Value ($ per Share)			2.36
Outstanding, Weighted Average Grant Date Fair Value ($ per Share)			$ 2.23

FINANCING AND RELATED MATTERS (

FINANCING AND RELATED MATTERS (Details) $ / shares in Units, $ in Thousands	Jun. 13, 2014USD ($)director$ / sharesshares	Dec. 31, 2016USD ($)director	Dec. 31, 2015USD ($)
Related Party Transaction [Line Items]
Purchase price | $		$ 0	$ 189
Number of board members designated by investor | director		1
Securities Purchase Agreement [Member] | Recycling Capital Partners, LLC [Member]
Related Party Transaction [Line Items]
Shares issued | shares	857,143
Purchase price | $	$ 3,000
Warrant term	5 years
Additional shares | shares	857,143
Expiration period	6 months
Exercise price (USD per Share) | $ / shares	$ 5
Director Designation Agreement [Member]
Related Party Transaction [Line Items]
Number of board members authorized to appoint | director	2
Percentage of stock owned by investor	5.00%

DISCONTINUED OPERATIONS Narrati

DISCONTINUED OPERATIONS Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on discontinued operation		$ (6,000,000)
Waste Services Segment [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration at closing	$ 7,500,000
Non-compete agreement term	5 years
Amount retained by purchaser	$ 150,000
Transaction cost	350,000
Gain on discontinued operation	$ 6,000,000	$ (6,031,000)

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Gain on the sale of business		$ 6,000
Gain on the sale of equipment	$ 0	320
Net income	0	7,320
Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]
Gain on sale of property and equipment	0	(320)
Gain on the sale of business		(6,000)
Receivables	(1,692)	7,278
Inventories	(1,027)	2,029
Other assets	80	128
Accounts payable	(547)	(470)
Other current liabilities	433	66
Net cash provided by operating activities	0	1,783
Proceeds from sale of property and equipment	0	2,117
Purchases of property and equipment	(8)	(21)
Net cash used in by investing activities	0	6,644
Waste Services Segment [Member]
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Revenue from services and product sales		7,402
Cost of sales for services		5,486
Selling, general, and administrative expenses		678
Gain on the sale of business	(6,000)	6,031
Gain on the sale of equipment		51
Net income		7,320
Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]
Net income from discontinued operations		7,320
Depreciation and amortization		402
Gain on sale of property and equipment		(51)
Gain on the sale of business	$ 6,000	(6,031)
Net cash provided by operating activities		1,783
Net cash used in by investing activities		6,644
Discontinued Operations | Waste Services Segment [Member]
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Gain on the sale of equipment		51
Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]
Gain on sale of property and equipment		(51)
Receivables		(103)
Inventories		10
Other assets		12
Accounts payable		172
Other current liabilities		52
Proceeds from sale of property and equipment		76
Proceeds from sale of business, net of disposal costs		7,000
Purchases of property and equipment		$ (432)

DISCONTINUED OPERATIONS Pro For

DISCONTINUED OPERATIONS Pro Forma (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss from continuing operations	$ (3,230)	$ (9,085)
Net loss	$ (3,230)	(1,765)
Pro Forma [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenue		6,555
Net loss from continuing operations		(2,351)
Net loss		$ 3,680
Net loss from continuing operations per share (in dollars per share)		$ (0.29)
Net income (loss) per share (in dollars per share)		$ 0.46