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Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 2,633,000 $ 2,475,000
Restricted cash (Note 4) 0 100,000
Accounts receivable, less allowances of $62,000 and $87,000, respectively 870,000 853,000
Inventories, less reserves for obsolescence of $5,714,000, and $5,108,000, respectively 10,250,000 10,986,000
Prepaid expenses and other current assets 80,000 66,000
Total current assets 13,833,000 14,480,000
Property and equipment, net 4,499,000 4,630,000
Other assets (Note 5) 1,444,000 1,297,000
Total assets 19,776,000 20,407,000
Current Liabilities:    
Accounts payable 695,000 668,000
Accrued liabilities 393,000 428,000
Current portion of long-term debt from related party (Note 6) 0 1,500,000
Total current liabilities 1,088,000 2,596,000
Long-term debt from related party (Note 6) 1,500,000 0
Total Liabilities 2,588,000 2,596,000
Commitments and contingencies (Notes 6, 8 and 9)      
Shareholders’ Equity:    
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; None issued or outstanding 0 0
Additional paid-in capital 10,654,000 10,635,000
Accumulated other comprehensive income 131,000 128,000
Retained earnings 6,275,000 6,892,000
Total Shareholders’ Equity - Taitron Components Inc 17,066,000 17,661,000
Noncontrolling interest in subsidiary 122,000 150,000
Total Shareholders’ Equity 17,188,000 17,811,000
Total Liabilities and Shareholders’ Equity 19,776,000 20,407,000
Common Class A [Member]
    
Shareholders’ Equity:    
Common Stock, value, issued 5,000 5,000
Common Class B [Member]
    
Shareholders’ Equity:    
Common Stock, value, issued $ 1,000 $ 1,000