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Note 2 - Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2012
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block] |
BASIC |  | 2012 |  |  | 2011 |  |  | 2010 |
Net income |  | $ | 5,596,070 |  |  | $ | 4,752,601 |  |  | $ | 4,160,257 |
Weighted average common shares outstanding |  |  | 10,157,395 |  |  |  | 10,156,442 |  |  |  | 10,208,944 |
Earnings per share – basic |  | $ | 0.55 |  |  | $ | 0.47 |  |  | $ | 0.41 |
DILUTED |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 5,596,070 |  |  | $ | 4,752,601 |  |  | $ | 4,160,257 |
Weighted average common shares outstanding |  |  | 10,157,395 |  |  |  | 10,156,442 |  |  |  | 10,208,944 |
Effect of assumed exercise of stock options and warrants |  |  | 17,951 |  |  |  | 25,656 |  |  |  | 42,919 |
Weighted average common shares outstanding, assuming dilution |  |  | 10,175,346 |  |  |  | 10,182,098 |  |  |  | 10,251,863 |
Earnings per share - diluted |  | $ | 0.55 |  |  | $ | 0.47 |  |  | $ | 0.41 |
Outstanding options and warrants excluded as anti-dilutive |  |  | - |  |  |  | 25,000 |  |  |  | 13,000 |
Schedule of Goodwill [Table Text Block] |
|  | Leather Factory |  |  | Tandy Leather |  |  | Total |
Balance, December 31, 2010 |  | $ | 606,962 |  |  | $ | 383,406 |  |  | $ | 990,368 |
Acquisitions and adjustments |  |  | - |  |  |  | - |  |  |  | - |
Foreign exchange gain/loss |  |  | (3,359 | ) |  |  | - |  |  |  | (3,359 | )
Impairments |  |  | - |  |  |  | - |  |  |  | - |
Balance, December 31, 2011 |  | $ | 603,603 |  |  | $ | 383,406 |  |  | $ | 987,009 |
Acquisitions and adjustments |  |  | - |  |  |  | - |  |  |  | - |
Foreign exchange gain/loss |  |  | 3,716 |  |  |  | - |  |  |  | 3,716 |
Impairments |  |  | - |  |  |  | - |  |  |  | - |
Balance, December 31, 2012 |  | $ | 607,319 |  |  | $ | 383,406 |  |  | $ | 990,725 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] |
|  | As of December 31, 2012 |
|  | Gross |  |  | Accumulated Amortization |  |  | Net |
Trademarks, Copyrights |  | $ | 544,369 |  |  | $ | 456,836 |  |  | $ | 87,533 |
Non-Compete Agreements |  |  | 183,216 |  |  |  | 125,216 |  |  |  | 58,000 |
|  | $ | 727,585 |  |  | $ | 582,052 |  |  | $ | 145,533 |
|  | As of December 31, 2011 |
|  | Gross |  |  | Accumulated Amortization |  |  | Net |
Trademarks, Copyrights |  | $ | 544,369 |  |  | $ | 425,418 |  |  | $ | 118,951 |
Non-Compete Agreements |  |  | 182,365 |  |  |  | 114,024 |  |  |  | 68,341 |
|  | $ | 726,734 |  |  | $ | 539,442 |  |  | $ | 187,292 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
|  |  | Leather Factory |  |  | Tandy Leather |  |  | Total |
| 2013 |  | $ | 768 |  |  | $ | 33,337 |  |  | $ | 34,105 |
| 2014 |  |  | 455 |  |  |  | 33,337 |  |  |  | 33,792 |
| 2015 |  |  | - |  |  |  | 28,635 |  |  |  | 28,635 |
| 2016 |  |  | - |  |  |  | 2,000 |  |  |  | 2,000 |
| 2017 |  |  | - |  |  |  | - |  |  |  | - |
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
|  | Weighted Average Exercise Price |  |  | # of shares |  |  | Weighted Average Remaining Contractual Term (in years) |  |  | Aggregate Intrinsic Value |
Outstanding, January 1, 2011 |  | $ | 4.35 |  |  |  | 103,600 |  |  |  |  |  |  |
Granted |  |  | 4.80 |  |  |  | 12,000 |  |  |  |  |  |  |
Cancelled |  |  | - |  |  |  | - |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  | - |  |  |  |  |  |  |
Outstanding, December 31, 2011 |  | $ | 4.40 |  |  |  | 115,600 |  |  |  | 5.15 |  |  | $ | 206,332 |
Exercisable, December 31, 2011 |  | $ | 4.40 |  |  |  | 115,600 |  |  |  | 5.15 |  |  | $ | 206,332 |
Outstanding, January 1, 2012 |  | $ | 4.40 |  |  |  | 115,600 |  |  |  |  |  |  |
Granted |  |  | 5.27 |  |  |  | 12,000 |  |  |  |  |  |  |
Cancelled |  |  | - |  |  |  | - |  |  |  |  |  |  |
Exercised |  |  | 3.50 |  |  |  | (6,000 | ) |  |  |  |  |  |
Outstanding, December 31, 2012 |  | $ | 4.53 |  |  |  | 121,600 |  |  |  | 4.83 |  |  | $ | 206,760 |
Exercisable, December 31, 2012 |  | $ | 4.53 |  |  |  | 121,600 |  |  |  | 4.83 |  |  | $ | 206,760 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Weighted average grant-date fair value of stock options granted |  | $ | 0.83 |  |  | $ | 1.19 |  |  | $ | 1.42 |
Total fair value of stock options vested |  | $ | 10,000 |  |  | $ | 14,257 |  |  | $ | 18,388 |
Total intrinsic value of stock options exercised |  | $ | 9,572 |  |  |  | N/A |  |  | $ | 114,603 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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