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Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 3,411,292 $ 1,518,864
Accounts receivable, net 1,058,312 1,264,966
Inventories 9,619,145 10,712,018
Prepaid expenses and other current assets 138,382 82,241
Current portion of note receivable 61,492 62,415
Current portion of distribution agreement receivable 250,000 0
Income tax receivable 229,337 115,063
Total current assets 14,767,960 13,755,567
Vineyard development costs, net 1,643,546 1,662,292
Property and equipment, net 7,300,737 6,243,990
Debt issuance costs 50,752 32,438
Distribution agreement receivable, net of current portion 500,000 0
Note receivable 19,276 71,457
Other assets 4,456 4,456
TOTAL ASSETS 24,286,727 21,770,200
LIABILITIES AND STOCKHOLDER'S EQUITY    
Current portion of long-term debt 197,936 452,226
Accounts payable 301,168 748,813
Accrued expenses 438,983 595,197
Deferred income taxes 351,000 232,000
Current portion of deferred revenue-distribution agreement 142,857 0
Grapes payable 389,233 273,211
Total current liabilities 1,821,177 2,301,447
Long-term debt, net of current portion 4,010,654 2,827,086
Deferred rent liability 208,047 215,003
Deferred revenue-distribution agreement, net of current portion 809,523 0
Deferred gain 249,646 281,741
Deferred income taxes 754,000 578,000
Total liabilities 7,853,047 6,203,277
COMMITMENTS AND CONTINGENCIES      
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 December 31, 2011 and December 31, 2010 8,632,746 8,623,744
Retained earnings 7,800,934 6,943,179
Total shareholder's equity 16,433,680 15,566,923
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 24,286,727 $ 21,770,200