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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES      
Net income $ 818,958 $ 310,313 $ 1,675,617
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 298,937 158,293 179,185
Non-cash expense from loss on discontinued operations 0 187,330 0
Deferred income taxes 1,002,729 991,056 1,099,044
Changes in operating assets and liabilities:      
Accounts and notes receivable 19,711 94,846 (315,597)
Inventories (21,534) (77,907) (4,713)
Prepaid expenses (42,940) 6,075 (19,757)
Other assets (849,910) (561,952) (419,332)
Accounts payable and accrued expenses 10,736 219,654 (81,451)
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,236,687 1,327,708 2,112,996
INVESTING ACTIVITIES      
Purchase of property and equipment (8,059) (5,738) (45,211)
Assets held for sale (6,274) (2,751) (837)
NET CASH USED IN INVESTING ACTIVITIES (14,333) (8,489) (46,048)
FINANCING ACTIVITIES      
Payment of obligations from discontinued operations (709,816) (933,809) (652,522)
Payment of cumulative preferred dividends (99,000) (90,682) (66,000)
Payment of principal on outstanding debt (925,000) (1,125,000) (1,500,000)
Principal payment received on notes receivable 33,417 8,612 33,810
Payment of loan modification cost (43,703) 0 0
Proceeds of loan from officer 400,000 825,500 0
Proceeds from the exercise of stock options 18,000 0 0
NET CASH USED IN FINANCING ACTIVITIES (1,326,102) (1,315,379) (2,184,712)
Increse (decrease) in cash (103,748) 3,840 (117,764)
Cash at beginning of year 337,044 333,204 450,968
Cash at end of year $ 233,296 $ 337,044 $ 333,204
Supplemental Schedule of Non-Cash Investing and Financing Activities:      
In 2010, a warrant to purchase 50,000 shares at $.95 per share was exercised pursuant to the cashless exercise provision of the warrant and the holders received 6,818 shares of common stock. - - -