XML 110 R10.htm IDEA: XBRL DOCUMENT

Inventories

12 Months Ended

Dec. 31, 2013

(4) Inventories

Raw materials inventory includes mainly recycled paper and coal. Finished goods include mainly products of corrugating medium paper and offset printing paper. Inventories consisted of the following as of December 31, 2013 and 2012:

	December 31,		December 31,
	2013		2012
Raw Materials
Recycled paper board	$	8,004,988	$	11,274,383
Pulp		14,257		13,813
Recycled printed paper		-		884,236
Recycled white scrap paper		1,791,873		766,144
Coal		573,799		621,107
Base paper and other raw materials		212,984		225,912
		10,597,901		13,785,595
Finished Goods		830,504		1,318,506
Totals	$	11,428,405	$	15,104,101

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details