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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 2,093,400 $ 9,020,100
Marketable securities   1,043,800
Receivables, less allowance for doubtful accounts of $16,700 and $15,100 1,282,400 1,316,200
Net investment in leases - current 11,465,300 11,746,900
Income tax receivable   116,500
Inventories 69,100 68,500
Prepaid expenses 437,400 362,000
Total current assets 15,347,600 23,674,000
Net investment in leases - long-term 18,096,700 18,102,000
Long-term investments, less allowance for losses of $883,100 and $883,100 3,780,000 3,817,400
Property and equipment, net 1,384,000 1,474,800
Other assets 677,500 677,500
Total assets 39,285,800 47,745,700
Current Liabilities:    
Line of credit 12,100,000  
Accounts payable 1,269,800 1,460,300
Income tax payable 58,200  
Accrued liabilities 1,709,900 1,346,000
Discounted lease rentals 13,900 20,800
Rents received in advance 282,000 274,700
Deferred revenue 1,376,800 1,212,400
Deferred income taxes 3,487,900 3,464,800
Total current liabilities 20,298,500 7,779,000
Long-Term Liabilities:    
Rents received in advance 194,500 269,400
Deferred revenue 847,300 844,300
Other liabilities 1,314,200 1,389,200
Deferred income taxes 2,607,100 2,355,100
Total long-term liabilities 4,963,100 4,858,000
Shareholders' Equity:    
Common stock, no par, 10,000,000 shares authorized, 5,075,954 and 4,987,643 shares issued and outstanding 1,565,800 629,800
Accumulated other comprehensive income   17,000
Retained earnings 12,458,400 34,461,900
Total shareholders' equity 14,024,200 35,108,700
Total liabilities and shareholders' equity $ 39,285,800 $ 47,745,700