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Notes Payable (Tables) | 6 Months Ended
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Jun. 30, 2012
Notes Payable [Abstract] |
Schedule Of Notes Payable |
|  | June 30 |  |  | December |
|  | 2012 |  |  | 2011 |  |  | 2011 |
Note payable to Private Bank in monthly installments of $42,222, plus variable interest rate, currently at 2.7963%, with a balloon payment of $5,066,667 due February 6, 2014. Collateralized by substantially all assets of the Company. |  | $ | 5,618,889 |  |  | $ | 6,375,556 |  |  | $ | 5,914,445 |
Line of credit with Private Bank at variable interest rate, currently at 3.25%. The agreement has been extended with terms allowing borrowings up to $2.0 million, maturing on May 31, 2013. Collateralized by substantially all assets of the Company. |  |  | 0 |  |  |  | 0 |  |  |  | 1,000,000 |
Line of credit with Morgan Stanley for borrowings up to $2.8 million at variable interest rate, currently at 3.00% due on demand. Collateralized by investments, cash and CD's. |  |  | 0 |  |  |  | 1,370,695 |  |  |  | 0 |
Notes payable to Ford Credit Corp. payable in monthly installments of $1,778.23 at 5.99%, due July 2015, secured by transportation equipment. |  |  | 59,825 |  |  |  | 0 |  |  |  | 68,509 |
Note payable to Fletcher Jones of Chicago, Ltd LLC in monthly installments of $1,768.57 at 6.653%, due May 24, 2017, secured by transportation equipment. |  |  | 90,159 |  |  |  | 103,586 |  |  |  | 97,598 |
Total notes payable |  |  | 5,768,873 |  |  |  | 7,849,837 |  |  |  | 7,080,552 |
Less current maturities |  |  | 540,478 |  |  |  | 1,892,042 |  |  |  | 1,540,716 |
Total long-term portion |  | $ | 5,228,395 |  |  | $ | 5,957,795 |  |  | $ | 5,539,836 |
Maturities Of Notes Payable |
For the Period Ended June 30, |  |
2013 |  | $ | 540,478 |
2014 |  |  | 5,148,263 |
2015 |  |  | 38,416 |
2016 |  |  | 20,878 |
2017 |  |  | 20,838 |
Total |  | $ | 5,768,873 |

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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