Investment in Leasing Operations: (Tables)

12 Months Ended

Dec. 29, 2012

Investment in Leasing Operations:

Schedule of investment in leasing operations

	December 29, 2012			December 31, 2011
Direct financing and sales-type leases:
Minimum lease payments receivable	$	33,094,100		$	27,413,300
Estimated residual value of equipment	2,925,900			2,764,400
Unearned lease income net of initial direct costs deferred	(5,155,400		)	(4,217,000		)
Security deposits	(2,882,400		)	(2,448,800		)
Equipment installed on leases not yet commenced	8,443,600			6,489,200
Total investment in direct financing and sales-type leases	36,425,800			30,001,100
Allowance for credit losses	(775,800		)	(803,800		)
Net investment in direct financing and sales-type leases	35,650,000			29,197,300
Operating leases:
Operating lease assets	1,564,300			1,218,900
Less accumulated depreciation and amortization	(1,056,000		)	(567,300		)
Net investment in operating leases	508,300			651,600
Total net investment in leasing operations	$	36,158,300		$	29,848,900

Schedule of future minimum lease payments receivable under lease contracts and the amortization of unearned lease income, net of initial direct costs deferred

Future minimum lease payments receivable under lease contracts and the amortization of unearned lease income, net of initial direct costs deferred, is as follows as of December 29, 2012:

	Direct Financing and Sales-Type Leases				Operating Leases
Fiscal Year	Minimum Lease Payments Receivable		Income Amortization		Minimum Lease Payments Receivable
2013	$	17,848,200	$	3,745,300	$	1,419,100
2014	11,013,100		1,214,300		132,400
2015	3,734,000		190,100		—
2016	498,800		5,700		—
2017	—		—		—
Thereafter	—		—		—
	$	33,094,100	$	5,155,400	$	1,551,500

Schedule of activity in the allowance for credit losses for leasing operations

	December 29, 2012			December 31, 2011
Balance at beginning of period	$	803,800		$	907,800
Provisions charged to expense	(47,600		)	(43,400		)
Recoveries	251,000			349,700
Deductions for amounts written-off	(231,400		)	(410,300		)
Balance at end of period	$	775,800		$	803,800

Schedule of investment in direct financing and sales-type leases (investment in leases) and allowance for credit losses by loss evaluation methodology

	December 29, 2012				December 31, 2011
	Investment In Leases		Allowance for Credit Losses		Investment In Leases		Allowance for Credit Losses
Collectively evaluated for loss potential	$	36,425,800	$	775,800	$	30,001,100	$	803,800
Individually evaluated for loss potential	—		—		—		—
Total	$	36,425,800	$	775,800	$	30,001,100	$	803,800

Schedule of information regarding accruing and non-accrual leases

	December 29, 2012
	0-60 Days Delinquent and Accruing		61-90 Days Delinquent and Accruing		Over 90 Days Delinquent and Accruing		Non-Accrual		Total
Middle-Market	$	34,901,300	$	—	$	—	$	—	$	34,901,300
Small-Ticket	1,517,700		—		—		6,800		1,524,500
Total Investment in Leases	$	36,419,000	$	—	$	—	$	6,800	$	36,425,800

	December 31, 2011
	0-60 Days Delinquent and Accruing		61-90 Days Delinquent and Accruing		Over 90 Days Delinquent and Accruing		Non-Accrual		Total
Middle-Market	$	25,650,500	$	932,100	$	—	$	—	$	26,582,600
Small-Ticket	3,351,400		48,300		—		18,800		3,418,500
Total Investment in Leases	$	29,001,900	$	980,400	$	—	$	18,800	$	30,001,100