XML 18 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 4 - Uncompleted Contracts
 6 Months Ended
Jun. 30, 2012
Long-term Contracts or Programs Disclosure [Text Block]
NOTE 4:          UNCOMPLETED CONTRACTS

Costs and estimated earnings in excess of billings on uncompleted contracts are summarized as follows:

   
June 30, 2012
   
December 31, 2011
 
             
Costs incurred on uncompleted contracts
  $ 14,299,833     $ 11,253,624  
Estimated earnings
    13,096,063       10,120,760  
      27,395,896       21,374,384  
Billings to date
    (22,385,295 )     (19,650,770 )
    $ 5,010,601     $ 1,723,614  
Included in accompanying balance sheets under the following captions:                
Costs and estimated earnings in excess of billings on uncompleted contracts   $
      5,329,622
    $
3,410,824
 
                 
Billings in excess of costs and estimated earnings on uncompleted contracts   $
       (319,021)
    $
(1,687,210)