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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents (VIE $19,000 and $11,000, respectively) $ 363,511 $ 338,523
Accounts receivable, (less allowance for doubtful accounts of $80,000 and $70,000, respectively) 7,330,051 7,091,194
Inventories, net 15,045,063 13,338,317
Net deferred income tax asset 812,255 760,241
Prepaid expenses (VIE $0 and $10,000) 1,321,385 1,345,223
Other current assets (VIE $91,000 and $83,000) 658,410 427,471
Total current assets 25,530,675 23,300,969
Property, plant and equipment:    
Machinery and equipment 25,089,327 24,333,989
Building 3,329,174 3,329,174
Office furniture and equipment 3,080,508 3,022,719
Intellectual property 432,070 432,070
Land 250,000 250,000
Leasehold improvements 434,257 415,663
Fixtures and equipment at customer locations 2,784,419 2,629,902
Projects under construction 550,086 502,021
Property, Plant and Equipment, Gross 35,949,841 34,915,538
Less : accumulated depreciation and amortization (27,448,195) (26,071,629)
Total property, plant and equipment, net 8,501,646 8,843,909
Other assets:    
Deferred financing costs, net 204,670 42,986
Goodwill 1,033,077 1,033,077
Net deferred income tax asset 127,954 197,243
Other assets, due from related party $82,000 and $79,000, respectively 242,018 197,338
Total other assets 1,607,719 1,470,644
TOTAL ASSETS 35,640,040 33,615,522
LIABILITIES AND EQUITY    
Checks written in excess of bank balance 821,404 154,501
Trade payables 4,556,722 6,359,757
Line of credit 5,410,470 7,298,363
Notes payable - current portion (VIE $94,000 and $91,000, respectively) 351,859 362,927
Notes payable - officers, current portion 1,123,742 1,424,923
Notes Payable Affiliates - current portion 7,968 6,718
Accrued liabilities 2,299,285 2,081,805
Total current liabilities 14,571,450 17,688,994
Long-term liabilities:    
Notes Payable - Affiliates 138,420 134,919
Notes payable, net of current portion (VIE $614,000 and $687,000, respectively) 7,981,559 3,932,032
Capital Lease 0 426
Warrants Payable 680,633 0
Notes payable - officers, subordinated 0 103,656
Total long-term liabilities 8,800,612 4,171,033
Equity:    
Preferred Stock - no par value 2,000,000 shares authorized 0 shares issued and outstanding 0 0
Common stock - no par value, 5,000,000 shares authorized, 3,303,773 and 3,276,633 shares issued and 3,231,646 and 3,137,348 outstanding, respectively 13,704,890 13,704,890
Paid-in-capital 1,054,826 950,968
Accumulated deficit (51,003) (368,122)
Accumulated other comprehensive loss (2,197,597) (2,285,679)
Less: Treasury stock, 72,127 shares (141,289) (141,289)
Total CTI Industries Corporation stockholders' equity 12,369,827 11,860,768
Noncontrolling interest (101,849) (105,273)
Total Equity 12,267,978 11,755,495
TOTAL LIABILITIES AND EQUITY $ 35,640,040 $ 33,615,522