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Condensed Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income from consolidated operations $ 2,348,734 $ 2,633,168
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 681,449 692,438
Gain on sale of fixed assets (5,463) (833,792)
Stock issued in lieu of cash compensation   55,000
Share-based compensation 186,901 249,335
Excess tax benefit on share-based compensation (276,596) (296,658)
Deferred income taxes 58,450 (2,375)
Changes in operating assets and liabilities:    
Receivables, net (769,707) (1,230,111)
Inventories (307,718) (1,056,442)
Taxes receivable 676,618 266,622
Prepaid expenses (391,291) 3,747
Accounts payable 611,358 771,753
Accrued taxes and other expenses (820,443) (631,067)
Retirement and other liabilities 205,323 70,156
Other assets (541,299) (65,735)
Net cash provided by operating activities 1,656,316 626,039
Cash flows from investing activities:    
Additions to property, plant, and equipment (2,309,282) (252,704)
Proceeds from sale of fixed assets 5,463 1,217,694
Redemption of cash value life insurance 131,621  
Net cash (used in) provided by investing activities (2,172,198) 964,990
Cash flows from financing activities:    
Principal repayments of long-term debt (145,165) (156,414)
Proceeds from exercise of stock options, net of attestation 34,088 34,215
Excess tax benefit on share-based compensation 276,596 296,658
Payment of statutory withholdings for stock options exercised and restricted stock units vested (672,284) (638,882)
Distribution to United Development Company Limited (non-controlling interests) (1,209,732) (105,000)
Net cash used in financing activities (1,716,497) (569,423)
Net (decrease) increase in cash and cash equivalents (2,232,379) 1,021,606
Cash and cash equivalents at beginning of period 29,848,798 22,102,634
Cash and cash equivalents at end of period $ 27,616,419 $ 23,124,240