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Condensed Balance Sheets (Current Period Unaudited) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash $ 831,057 $ 2,166,103
Accounts receivable, net 8,902,024 4,392,254
Costs and estimated earnings in excess of billings on uncompleted contracts 77,791,327 112,597,136
Deferred income taxes 417,000 417,000
Prepaid expenses and other current assets 844,007 609,268
Total current assets 88,785,415 120,181,761
Plant and equipment, net 2,806,174 2,849,753
Recoverable and deferred income taxes 14,196,910 1,133,000
Other assets 108,080 108,080
Total Assets 105,896,579 124,272,594
Current Liabilities:    
Accounts payable 8,361,775 7,614,755
Accrued expenses 554,317 654,868
Accrued losses on uncompleted contracts 1,528,921  
Billings in excess of costs and estimated earnings on uncompleted contracts 208,428 276,170
Current portion of long-term debt 973,793 1,020,349
Line of credit 28,350,000 21,350,000
Income tax payable   736,536
Deferred income taxes 89,000 89,000
Total current liabilities 40,066,234 31,741,678
Long-term debt, net of current portion 1,531,751 2,198,187
Deferred income taxes 788,000 788,000
Other liabilities 591,307 593,210
Total Liabilities 42,977,292 35,321,075
Shareholders’ Equity:    
Common stock - $.001 par value; authorized 50,000,000 shares, 8,483,111 and 8,410,493 shares, respectively, issued and outstanding 8,483 8,410
Additional paid-in capital 51,265,850 50,381,348
Retained earnings 11,656,342 38,582,876
Accumulated other comprehensive loss (11,388) (21,115)
Total Shareholders’ Equity 62,919,287 88,951,519
Total Liabilities and Shareholders’ Equity $ 105,896,579 $ 124,272,594