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Note 3 - Contracts in Progress
 12 Months Ended
Dec. 31, 2014
Contractors [Abstract]  
Long-term Contracts or Programs Disclosure [Text Block]

Note 3 – Contracts in Progress


Costs and estimated earnings in excess of billings on percentage of completion type contracts in progress are summarized as follows:


   

2014

   

2013

 

Costs incurred on contracts in progress

  $ 4,250,299     $ 1,807,628  

Estimated earnings

    4,541,377       1,229,038  
      8,791,677       3,036,666  

Billings to date

    (7,621,523 )     (1,711,587 )
    $ 1,170,154     $ 1,325,079  

   

2014

   

2013

 

Included in accompanying balance sheets

               

Under the following captions:

               

Costs and estimated earnings in excess of billings on contracts in progress

  $ 2,498,662     $ 1,577,969  
                 

Billings in excess of costs and estimated earnings on contracts in progress

  $ (1,328,508 )   $ (252,890 )