Annual report pursuant to Section 13 and 15(d)

12. PREFERRED STOCK (Details Narrative)

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12. PREFERRED STOCK (Details Narrative) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Preferred shares authorized 10,000,000 10,000,000  
Preferred stock dividends accrued and paid $ 1,269 $ 1,265 $ 1,265
Series A Preferred Stock      
Preferred shares authorized 1,684,375 1,684,375  
Preferred shares outstanding 0 0  
Series B Preferred Stock      
Preferred shares authorized 1,580,790 1,580,790  
Preferred shares outstanding 926,942 926,942  
Preferred stock convertible into common shares, common shares 634,641