Note 7 - Contracts in Progress

9 Months Ended

Sep. 30, 2014

Contracts In Progress [Abstract]

Contracts In Progress [Text Block]

NOTE 7. CONTRACTS IN PROGRESS

Costs and estimated earnings on contracts in progress as of the periods indicated are summarized in the following table (in thousands):

	September 30,			December 31,
	2014			2013
Costs incurred on uncompleted contracts	$	7,586		$	7,347
Estimated earnings		1,726			1,603
Total revenues		9,312			8,950
Less: billings to date		9,358			9,569
Total	$	(46	)	$	(619	)
Balance sheet classification:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	-		$	145
Billings in excess of costs and estimated earnings on uncompleted contracts		(46	)		(764	)
Total	$	(46	)	$	(619	)