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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents (VIE $22,000 and $11,000, respectively) $ 351,064 $ 338,523
Accounts receivable, (less allowance for doubtful accounts of $99,000 and $70,000 respectively) 7,773,332 7,091,194
Inventories, net 15,813,276 13,338,317
Net deferred income tax asset 846,371 760,241
Prepaid expenses (VIE $0 and $10,000 respectively) 1,525,092 1,345,223
Other current assets (VIE $108,000 and $83,000, respectively) 820,619 427,471
Total current assets 27,129,754 23,300,969
Property, plant and equipment:    
Machinery and equipment (VIE $701,000 and $550,000, respectively) 25,530,893 24,333,989
Building 3,360,017 3,329,174
Office furniture and equipment 3,137,123 3,022,719
Intellectual property 432,070 432,070
Land 250,000 250,000
Leasehold improvements 431,644 415,663
Fixtures and equipment at customer locations 2,784,419 2,629,902
Projects under construction 644,948 502,021
Property, Plant and Equipment, Gross 36,571,114 34,915,538
Less : accumulated depreciation and amortization (27,872,044) (26,071,629)
Total property, plant and equipment, net 8,699,070 8,843,909
Other assets:    
Deferred financing costs, net 216,292 42,986
Goodwill 1,033,077 1,033,077
Net deferred income tax asset 535,954 197,243
Other assets (due from related party $19,000 and $79,000, respectively) 132,996 197,338
Total other assets 1,918,319 1,470,644
TOTAL ASSETS 37,747,143 33,615,522
LIABILITIES AND EQUITY    
Checks written in excess of bank balance 517,089 154,501
Trade payables (VIE $66,000 and $0, respectively) 5,708,271 6,359,757
Line of credit 6,254,648 7,298,363
Notes payable - current portion (net discount of $107,000 and $0, repectively) (VIE $101,000 and $91,000, respectively) 354,342 362,927
Notes payable - officers, subordinated, current portion 1,123,742 1,424,923
Notes Payable Affiliates - current portion 8,113 6,718
Accrued liabilities (VIE $31,000 and $7,000, respectively) 2,997,242 2,081,805
Total current liabilities 16,963,447 17,688,994
Long-term liabilities:    
Notes Payable - Affiliates 141,052 134,919
Notes payable, net of current portion (net discount of $555,000 and $0, repectively) (VIE $533,000 and $687,000, respectively) 7,839,351 3,932,032
Notes payable - officers, subordinated 0 103,656
Capital Lease 0 426
Total long-term debt, net of current portion 7,980,403 4,171,033
Warrants Payable 721,247 0
Total long-term liabilities 8,701,650 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, 3,320,773 and 3,276,633 shares issued and 3,248,646 and 3,137,348 outstanding, respectively 13,775,994 13,704,890
Paid-in-capital 1,045,987 950,968
Accumulated deficit (266,372) (368,122)
Accumulated other comprehensive loss (2,171,582) (2,285,679)
Less: Treasury stock, 72,127 shares (141,289) (141,289)
Total CTI Industries Corporation stockholders' equity 12,242,738 11,860,768
Noncontrolling interest (160,692) (105,273)
Total Equity 12,082,046 11,755,495
TOTAL LIABILITIES AND EQUITY $ 37,747,143 $ 33,615,522