10-Q Filing

AIR T INC CIK: 353184 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0000353184-13-000044`
Period End Date	20130930
Filing Date	20131107
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	airt-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 90 Cash Flow Statement 62 Stockholders Equity 18

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$78.00K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$66.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $78,000 and $66,000	`AccountsReceivableNetCurrent`	$13.14M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $78,000 and $66,000	`AccountsReceivableNetCurrent`	$11.69M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Notes and other receivables-current	`AccountsNotesAndLoansReceivableNetCurrent`	$133.45K	USD	Point-in-time
Notes and other receivables-current	`AccountsNotesAndLoansReceivableNetCurrent`	$145.49K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$470.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$287.00K	USD	Point-in-time
Inventories	`InventoryNet`	$13.13M	USD	Point-in-time
Inventories	`InventoryNet`	$8.18M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.45M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.45M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.45M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$410.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$410.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.45M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$619.13K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$1.51M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$30.53M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$32.47M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$3.47M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$4.08M	USD	Point-in-time
Cash Surrender Value of Life Insurance Policies	`CashSurrenderValueOfLifeInsurance`	$1.80M	USD	Point-in-time
Cash Surrender Value of Life Insurance Policies	`CashSurrenderValueOfLifeInsurance`	$1.78M	USD	Point-in-time
Notes and Other Receivables-Long Term	`NotesAndLoansReceivableNetNoncurrent`	$158.28K	USD	Point-in-time
Notes and Other Receivables-Long Term	`NotesAndLoansReceivableNetNoncurrent`	$114.23K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$114.27K	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$118.93K	USD	Point-in-time
Total Assets	`Assets`	$38.58M	USD	Point-in-time
Total Assets	`Assets`	$36.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.64M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.09M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.12M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$7.86M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.73M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$783.22K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$69.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$69.00K	USD	Point-in-time
Common stock, $.25 par value; 4,000,000 shares authorized, 2,446,286 shares issued and outstanding	`CommonStockValue`	$611.57K	USD	Point-in-time
Common stock, $.25 par value; 4,000,000 shares authorized, 2,446,286 shares issued and outstanding	`CommonStockValue`	$611.57K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.33M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.19M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$28.12M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$27.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$28.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$27.05M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$36.05M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$38.58M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Overnight air cargo	`CargoAndFreightRevenue`	$12.05M	USD	1 Quarter
Overnight air cargo	`CargoAndFreightRevenue`	$22.78M	USD	2 Qtrs
Overnight air cargo	`CargoAndFreightRevenue`	$24.53M	USD	2 Qtrs
Overnight air cargo	`CargoAndFreightRevenue`	$12.12M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentSales`	$7.91M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentSales`	$6.09M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentSales`	$16.83M	USD	2 Qtrs
Ground equipment sales	`GroundEquipmentSales`	$13.14M	USD	2 Qtrs
Ground support services	`GroundSupportServices`	$3.03M	USD	1 Quarter
Ground support services	`GroundSupportServices`	$6.04M	USD	2 Qtrs
Ground support services	`GroundSupportServices`	$4.16M	USD	1 Quarter
Ground support services	`GroundSupportServices`	$7.80M	USD	2 Qtrs
Revenues	`Revenues`	$24.19M	USD	1 Quarter
Revenues	`Revenues`	$21.16M	USD	1 Quarter
Revenues	`Revenues`	$45.47M	USD	2 Qtrs
Revenues	`Revenues`	$45.65M	USD	2 Qtrs
Flight-air cargo	`FlightairCargo`	$9.40M	USD	2 Qtrs
Flight-air cargo	`FlightairCargo`	$4.62M	USD	1 Quarter
Flight-air cargo	`FlightairCargo`	$9.40M	USD	2 Qtrs
Flight-air cargo	`FlightairCargo`	$4.94M	USD	1 Quarter
Maintenance-air cargo	`MaintenanceairCargo`	$12.07M	USD	2 Qtrs
Maintenance-air cargo	`MaintenanceairCargo`	$6.06M	USD	1 Quarter
Maintenance-air cargo	`MaintenanceairCargo`	$5.37M	USD	1 Quarter
Maintenance-air cargo	`MaintenanceairCargo`	$10.03M	USD	2 Qtrs
Ground equipment sales	`GroundEquipmentExpense`	$6.41M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$14.53M	USD	2 Qtrs
Ground equipment sales	`GroundEquipmentExpense`	$5.12M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$10.65M	USD	2 Qtrs
Ground support services	`GroundSupportExpenses`	$2.58M	USD	1 Quarter
Ground support services	`GroundSupportExpenses`	$3.35M	USD	1 Quarter
Ground support services	`GroundSupportExpenses`	$6.28M	USD	2 Qtrs
Ground support services	`GroundSupportExpenses`	$5.05M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.69M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.77M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$181.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$118.57K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$325.65K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$243.25K	USD	2 Qtrs
OperatingExpenses	`OperatingExpenses`	$20.81M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$23.44M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$44.50M	USD	2 Qtrs
OperatingExpenses	`OperatingExpenses`	$44.65M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$752.49K	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$350.93K	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$972.95K	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.00M	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$8.03K	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$12.57K	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$5.52K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$3.46K	USD	1 Quarter
Interest expense and Other	`InterestExpenseOther`	$901.00	USD	2 Qtrs
Interest expense and Other	`InterestExpenseOther`	$965.00	USD	1 Quarter
Interest expense and Other	`InterestExpenseOther`	$901.00	USD	1 Quarter
Interest expense and Other	`InterestExpenseOther`	$7.19K	USD	2 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$4.62K	USD	1 Quarter
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$11.67K	USD	2 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$841.00	USD	2 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$2.50K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperations`	$353.43K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperations`	$757.11K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperations`	$984.62K	USD	2 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperations`	$1.01M	USD	2 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$301.00K	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$361.00K	USD	2 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$390.00K	USD	2 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$126.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$227.43K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$594.62K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$644.45K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$456.11K	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.24	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.24	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Dividends Declared Per Share (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	2 Qtrs
Dividends Declared Per Share (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.45M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.49M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.48M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.45M	shares	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$227.43K	USD	1 Quarter
Net income	`NetIncomeLoss`	$594.62K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$644.45K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$456.11K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	$-541.00	USD	2 Qtrs
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Change in accounts receivable and inventory reserves	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-16.46K	USD	2 Qtrs
Change in accounts receivable and inventory reserves	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-51.03K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$181.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$118.57K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$325.65K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$243.25K	USD	2 Qtrs
Change in cash surrender value of life insurance	`IncreaseDecreaseInInsuranceAssets`	$17.00K	USD	2 Qtrs
Change in cash surrender value of life insurance	`IncreaseDecreaseInInsuranceAssets`	$34.00K	USD	2 Qtrs
Warranty reserve	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$99.19K	USD	2 Qtrs
Warranty reserve	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$94.45K	USD	2 Qtrs
Compensation expense related to stock options	`ShareBasedCompensation`	$1.00K	USD	2 Qtrs
Compensation expense related to stock options	`ShareBasedCompensation`	$12.45K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-644.82K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.47M	USD	2 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$-212.68K	USD	2 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$-56.08K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-565.14K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.77M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-304.46K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$898.03K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.88M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.90M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-128.95K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-363.22K	USD	2 Qtrs
Income taxes receivable/ payable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-315.00K	USD	2 Qtrs
Income taxes receivable/ payable	`IncreaseDecreaseInIncomeTaxesReceivable`	$183.00K	USD	2 Qtrs
Total adjustments	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-126.54K	USD	2 Qtrs
Total adjustments	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.02M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-770.99K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.43M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$220.61K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.28K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.50K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-144.28K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-217.11K	USD	2 Qtrs
Proceeds from Line of Credit	`ProceedsFromLinesOfCredit`	$783.22K	USD	2 Qtrs
Payment of cash dividend	`PaymentsOfDividends`	$733.88K	USD	2 Qtrs
Payment of cash dividend	`PaymentsOfDividends`	$611.57K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.34K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-611.57K	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-57.69K	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.52M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Finished goods inventory transferred to equipment leased to customers	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$788.24K	USD	2 Qtrs
Interest	`InterestPaid`	$17.00K	USD	2 Qtrs
Interest	`InterestPaid`	$900.00	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$46.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$573.00K	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance Beginning	`StockholdersEquity`	$28.12M	USD	Point-in-time
Balance Beginning	`StockholdersEquity`	$27.09M	USD	Point-in-time
Balance Beginning	`StockholdersEquity`	$28.00M	USD	Point-in-time
Balance Beginning	`StockholdersEquity`	$27.05M	USD	Point-in-time
Cash dividend per share	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	2 Qtrs
Cash dividend per share	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	2 Qtrs
Net income	`NetIncomeLoss`	$227.43K	USD	1 Quarter
Net income	`NetIncomeLoss`	$594.62K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$644.45K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$456.11K	USD	1 Quarter
Cash dividend	`DividendsCash`	$611.57K	USD	2 Qtrs
Cash dividend	`DividendsCash`	$733.88K	USD	2 Qtrs
Compensation expense related to stock options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$12.45K	USD	2 Qtrs
Compensation expense related to stock options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.00K	USD	2 Qtrs
Balance Ending	`StockholdersEquity`	$28.12M	USD	Point-in-time
Balance Ending	`StockholdersEquity`	$27.09M	USD	Point-in-time
Balance Ending	`StockholdersEquity`	$28.00M	USD	Point-in-time
Balance Ending	`StockholdersEquity`	$27.05M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.