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Note 19 - Business Acquisition and Unaudited Pro Forma Information (Tables)
 12 Months Ended
Dec. 31, 2012
Schedule of Purchase Price Allocation [Table Text Block]
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

Cash
 
$
141,231
 
Accounts receivable
   
986,145
 
Inventory
   
786,776
 
Property and equipment
   
164,913
 
Customer relationship
   
50,000
 
Goodwill
   
218,606
 
Accounts payable
   
(1,742,540
)
Other payable and accrued expenses
   
(138,131
)
Deferred tax liability
   
(17,000
)
Purchase price
 
$
450,000
 
Business Acquisition, Pro Forma Information [Table Text Block]
The following unaudited pro forma consolidated results of operations of Nova LifeStyle and Diamond Bar for the year ended December 31, 2011, presents the operations of Nova LifeStyle and Diamond Bar as if the acquisition of Diamond Bar occurred on January 1, 2011. The pro forma results are not necessarily indicative of the actual results that would have occurred had the acquisition been completed as of the beginning of the periods presented, nor are they necessarily indicative of future consolidated results.

   
(Unaudited)
 
Net sales
  $ 47,710,088  
         
Net income
  $ 5,250,294  
         
Basic weighted average shares outstanding
    14,506,915  
Diluted weighted average shares outstanding
    14,697,206  
         
Basic net earnings per share
  $ 0.36  
Diluted net earnings per share
  $ 0.36