XML 48 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 1 - Basis of Presentation and Certain Significant Accounting Policies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Disclosure Text Block [Abstract] |
Schedule of Inventory, Current [Table Text Block] |
|  | As of |
|  | September 30, 2014 |  |  | December 31, 2013 |
Inventory on hand: |  |  |  |  |  |  |  |
Finished goods held for sale |  | $ | 36,593,039 |  |  | $ | 24,546,771 |
Raw materials and work in process |  |  | 1,196,573 |  |  |  | 853,200 |
Inventory in transit |  |  | 1,575,592 |  |  |  | 900,859 |
|  | $ | 39,365,204 |  |  | $ | 26,300,830 |
Schedule of Goodwill [Table Text Block] |
|  | Leather Factory |  |  | Tandy Leather |  |  | Total |
Balance, December 31, 2012 |  | $ | 607,319 |  |  | $ | 383,406 |  |  | $ | 990,725 |
Acquisitions and adjustments |  |  | - |  |  |  | - |  |  |  | - |
Foreign exchange gain/loss |  |  | (4,572 | ) |  |  | - |  |  |  | (4,572 | )
Impairments |  |  | - |  |  |  | - |  |  |  | - |
Balance, September 30, 2013 |  | $ | 602,747 |  |  | $ | 383,406 |  |  | $ | 986,153 |
|  | Leather Factory |  |  | Tandy Leather |  |  | Total |
Balance, December 31, 2013 |  | $ | 598,579 |  |  | $ | 383,406 |  |  | $ | 981,985 |
Acquisitions and adjustments |  |  | - |  |  |  | - |  |  |  | - |
Foreign exchange gain/loss |  |  | (6,328 | ) |  |  | - |  |  |  | (6,328 | )
Impairments |  |  | - |  |  |  | - |  |  |  | - |
Balance, September 30, 2014 |  | $ | 592,251 |  |  | $ | 383,406 |  |  | $ | 975,657 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] |
|  | As of September 30, 2014 |  |  | As of December 31, 2013 |
|  | Gross |  |  | Accumulated Amortization |  |  | Net |  |  | Gross |  |  | Accumulated Amortization |  |  | Net |
Trademarks, Copyrights |  | $ | 544,369 |  |  | $ | 510,815 |  |  | $ | 33,554 |  |  | $ | 544,369 |  |  | $ | 487,891 |  |  | $ | 56,478 |
Non-Compete Agreements |  |  | 179,768 |  |  |  | 144,018 |  |  |  | 35,750 |  |  |  | 181,216 |  |  |  | 134,466 |  |  |  | 46,750 |
|  | $ | 724,137 |  |  | $ | 654,833 |  |  | $ | 69,304 |  |  | $ | 725,585 |  |  | $ | 622,357 |  |  | $ | 103,228 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
|  | Wholesale Leathercraft |  |  | Retail Leathercraft |  |  | Total |
2014 |  | $ | 198 |  |  | $ | 45,004 |  |  | $ | 45,202 |
2015 |  |  | 108 |  |  | $ | 40,302 |  |  | $ | 40,410 |
2016 |  |  | 108 |  |  |  | 5,667 |  |  |  | 5,775 |
2017 |  |  | 90 |  |  |  | 1,000 |  |  |  | 1,090 |
2018 |  |  | - |  |  |  | 750 |  |  |  | 750 |

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + 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=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: 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=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: 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=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 2 -Paragraph 6 -Subparagraph a,b,c -Article 5 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration