Consolidated Balance Sheets (USD $)	Sep. 30, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 711,976	$ 1,471,362
Certificates of deposit	0	777,119
Trading securities	223,436	1,790,444
Accounts receivable, less allowance for doubtful accounts of $74,851 and $78,187	5,468,771	4,060,621
Receivable from related parties	494	0
Short-term notes receivable	3,958,566	421,300
Current portion of notes receivable	30,338	38,892
Inventories, net	4,773,011	5,433,493
Real estate held for sale	6,120,703	5,600,321
Prepaid expenses and other current assets	365,658	253,534
Assets held for sale	0	237,997
Total current assets	21,652,953	20,085,083
Long-term receivables, less current portion	1,443,138	1,004,564
Real estate held for sale	0	225,000
Oil & gas properties - unproved	16,800	0
Property and equipment, net of accumulated depreciation and amortization	3,752,087	3,673,289
Goodwill	674,539	674,539
Marketable securities - available for sale	8,450	130,000
Other assets	47,881	97,003
Assets held for sale	0	1,383
Total assets	27,595,848	25,890,861
Current liabilities:
Accounts payable and accrued expenses	3,759,720	3,571,269
Bank overdrafts	44,621	0
Accrued lawsuit settlement	0	1,650,000
Short-term notes payable	361,609	91,183
Accounts and notes payable to related parties	8,251	20,552
Current installments of long-term debt	5,237,856	4,794,723
Liabilities associated with assets held for sale	0	228,554
Total current liabilities	9,412,057	10,356,281
Long-term debt, less current installments	1,657,739	1,807,931
Total liabilities	11,069,796	12,164,212
Commitments and contingencies	0	0
Equity:
Preferred stock, $0.001 par value, 1,000,000 authorized; 1,000 and 0 shares issued and outstanding, respectively	1	0
Common stock, $0.001 par value, 50,000,000 authorized; 15,499,142 and 10,971,325 shares issued, respectively; 15,089,085 and 10,604,868 shares outstanding, respectively	15,499	10,972
Additional paid-in capital	36,865,407	34,271,654
Stock subscription receivable	(74,000)	0
Accumulated deficit	(19,245,556)	(19,806,883)
Accumulated other comprehensive loss	(1,396,550)	(1,275,000)
Less treasury stock, at cost; 410,057 and 366,457 shares, respectively	(577,216)	(554,428)
Total American International Industries, Inc. equity	15,587,585	12,646,315
Noncontrolling interest	938,467	1,080,334
Total equity	16,526,052	13,726,649
Total liabilities and equity	$ 27,595,848	$ 25,890,861