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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 775,399 $ 585,357
Trade accounts receivable net of allowance for doubtful accounts of approximately $135,000 and $75,000 at September 30, 2012 and December 31, 2011, respectively 5,912,093 2,563,089
Receivables due from affiliated companies 335,746 495,130
Inventories, net 9,535,285 9,627,798
Prepaid expenses and other current assets 536,621 424,168
Deferred tax asset 134,030 65,797
Total Current Assets 17,229,174 13,761,339
Property, plant and equipment, net 5,100,690 5,213,333
Other Assets:    
Trademarks, trade names and patents, net 832,056 870,642
Other assets 25,591 33,442
Total Other Assets 857,647 904,084
Total Assets 23,187,511 19,878,756
Current Liabilities:    
Accounts payable – trade 2,274,721 1,162,143
Revolving line of credit 1,700,000 850,000
Current portion of long term debt 404,271 400,430
Income taxes payable 33,381 353,608
Accrued expenses payable 980,370 889,444
Total Current Liabilities 5,392,743 3,655,625
Deferred tax liability 296,351 250,191
Long term debt, less current portion 1,634,906 1,939,362
Total Liabilities 7,324,000 5,845,178
Commitments and contingencies      
Shareholders' Equity:    
Common stock - $.01 par value, 12,000,000 shares authorized; 8,640,116 and 8,458,389 shares issued at September 30, 2012 and December 31, 2011, respectively 86,401 84,584
Additional paid in capital 8,516,870 8,163,864
Less cost of common stock in treasury, 351,503 shares at September 30, 2012 and December 31, 2011, respectively (288,013) (288,013)
Foreign currency translation adjustment (261,728) (268,084)
Retained earnings 7,556,770 6,058,848
Total Shareholders' Equity of Ocean Bio-Chem, Inc. 15,610,300 13,751,199
Noncontrolling interest 253,211 282,379
Total Shareholders' Equity 15,863,511 14,033,578
Total Liabilities and Shareholders' Equity $ 23,187,511 $ 19,878,756