10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001213900-14-005738`
Period End Date	20140630
Filing Date	20140813
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	onp-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 56 Cash Flow Statement 77

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$71.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$67.59K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.13M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.49M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.40M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $70,996 and $67,592 as of June 30, 2014 and December 31, 2013, respectively)	`AccountsReceivableNet`	$3.33M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $70,996 and $67,592 as of June 30, 2014 and December 31, 2013, respectively)	`AccountsReceivableNet`	$3.48M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Inventories	`InventoryNet`	$12.98M	USD	Point-in-time
Inventories	`InventoryNet`	$11.43M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.10M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.13M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.10M	USD	Point-in-time
Deferred tax asset - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$413.54K	USD	Point-in-time
Deferred tax asset - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$24.78K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.95M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.49M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.48M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$187.08M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$178.54M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.04M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.28M	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsOther`	$268.33K	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsOther`	$399.26K	USD	Point-in-time
Total Assets	`Assets`	$224.22M	USD	Point-in-time
Total Assets	`Assets`	$209.53M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.54M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$8.13M	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	$1.66M	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	$113.77K	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.26M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$926.57K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$4.91M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$12.90M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.63M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.64M	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$145.38K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$64.55K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$498.01K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$558.89K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.96M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.65M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$929.67K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.37M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$4.25M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$5.76M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.39M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.37M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$1.16M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$922.09K	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$12.30M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$8.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$58.15M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,753,900 and 18,753,900 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,753,900 and 18,753,900 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.91M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.15M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$90.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$97.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$166.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$161.05M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$209.53M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$224.22M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$52.79M	USD	2 Qtrs
Revenues	`Revenues`	$63.59M	USD	2 Qtrs
Revenues	`Revenues`	$33.04M	USD	1 Quarter
Revenues	`Revenues`	$37.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$26.94M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$45.06M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$31.72M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$52.80M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$10.79M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$6.10M	USD	1 Quarter
Gross Profit	`GrossProfit`	$7.73M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$6.12M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$989.30K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$886.56K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.90M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.77M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$5.95M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$5.13M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$8.89M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$5.21M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$35.80K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$39.45K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$54.79K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$44.85K	USD	2 Qtrs
Interest expense	`InterestExpense`	$543.84K	USD	2 Qtrs
Interest expense	`InterestExpense`	$478.72K	USD	2 Qtrs
Interest expense	`InterestExpense`	$252.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$268.55K	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.00M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.90M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.53M	USD	2 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.39M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.57M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$2.29M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.33M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.57M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.11M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.96M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$284.82K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.20M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.09M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.24M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$5.01M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$5.89M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$7.16M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$3.86M	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.19	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.33	USD	2 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.21	USD	2 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.75M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.75M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.87M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.93M	USD	1 Quarter
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$3.86K	USD	2 Qtrs
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$4.37K	USD	2 Qtrs
Reversal of stock-based expense for service received	`ReversalOfStock-BasedExpenseForServiceReceived`	-	USD	2 Qtrs
Reversal of stock-based expense for service received	`ReversalOfStock-BasedExpenseForServiceReceived`	$-16.16K	USD	2 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$53.77K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$253.72K	USD	2 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-20.16K	USD	2 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$90.21K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-177.39K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-253.93K	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$181.90K	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.51M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.96M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.63M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$156.75K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.49M	USD	2 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-3.21M	USD	2 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$8.04M	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$63.93K	USD	2 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$199.14K	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.13M	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-973.66K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-280.88K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-192.57K	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$9.15M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$20.95M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$161.15K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.43K	USD	2 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$24.23M	USD	2 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$13.44M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.39M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.47M	USD	2 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$343.50K	USD	2 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$220.00K	USD	1 Quarter
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$779.39K	USD	2 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$779.39K	USD	2 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$343.50K	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	-	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$4.05M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	-	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$2.42M	USD	2 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	$24.16M	USD	2 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	-	USD	2 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.35M	USD	2 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$4.09M	USD	2 Qtrs
(Increase in) Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$3.97M	USD	2 Qtrs
(Increase in) Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$230.75K	USD	2 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.43M	USD	2 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$24.18M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$410.83K	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-39.97K	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.00M	USD	2 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.35M	USD	2 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.13M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.49M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.13M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.49M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash paid for interest, net of capitalized cost	`InterestPaid`	$135.56K	USD	2 Qtrs
Cash paid for interest, net of capitalized cost	`InterestPaid`	$467.40K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$2.32M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$1.78M	USD	2 Qtrs

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