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Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and cash equivalents$ 2,904,328$ 1,518,864
Accounts receivable, net1,559,8321,264,966
Inventories9,499,98210,712,018
Prepaid expenses and other current assets144,41382,241
Current portion of note receivable109,83162,415
Current portion of distribution agreement receivable500,0000
Income tax receivable0115,063
Total current assets14,718,38613,755,567
Vineyard development costs, net1,662,4631,662,292
Property and equipment, net7,159,5426,243,990
Debt issuance costs50,52332,438
Distribution agreement receivable, net of current portion500,0000
Note receivable071,457
Other assets4,4564,456
TOTAL ASSETS24,095,37021,770,200
LIABILITIES AND STOCKHOLDER'S EQUITY  
Current portion of long-term debt125,879452,226
Accounts payable990,037748,813
Accrued expenses400,242595,197
Income taxes payable39,2700
Deferred income taxes232,000232,000
Current portion of deferred revenue-distribution agreement142,8570
Grapes payable0273,211
Total current liabilities1,930,2852,301,447
Long-term debt, net of current portion4,129,6272,827,086
Deferred rent liability209,786215,003
Deferred revenue-distribution agreement, net of current portion845,2380
Deferred gain257,670281,741
Deferred income taxes578,000578,000
Total liabilities7,950,6066,203,277
SHAREHOLDER'S EQUITY  
Common stock, no par value, 10,000,000 shares authorized, shares authorized, 4,892,977 and 4,892,977 issued and outstanding at September 30, 2011 and December 31, 20108,627,4478,623,744
Retained earnings7,517,3176,943,179
Total shareholder's equity16,144,76415,566,923
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY$ 24,095,370$ 21,770,200