DISCONTINUED OPERATIONS (Details Narrative) - USD ($) |
3 Months Ended | 7 Months Ended | 12 Months Ended | |
|---|---|---|---|---|
Sep. 30, 2017 |
Jul. 31, 2018 |
Dec. 31, 2018 |
Dec. 31, 2017 |
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| Total gain on sale of rail operations | $ 2,695,300 | |||
| Net income from discontinued operations | $ (41,000) | 694,300 | ||
| Asset Purchase Agreement [Member] | ||||
| Proceeds of guaranteed payments from sale of assets | 276,000 | |||
| Railcar Cleaning [Member] | ||||
| Proceeds from sale of railcar cleaning division | $ 2,400,000 | $ 2,641,000 | ||
| Proceeds of guaranteed payments from sale of assets | $ 1,100,000 | |||
| Term for guaranteed payments received (in years) | 3 years | |||
| Performance based payment received | $ 1,500,000 | |||
| Total gain on sale of rail operations | $ 2,695,300 | $ 2,686,700 | ||
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- Definition It represents amount of performance based payment received from sale of asstes. No definition available.
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- Definition Its represents proceeds amount of guaranteed payments from sale of assets. No definition available.
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- Definition Duration of guaranteed payments received. No definition available.
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- Definition Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the sale of property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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