Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Schedule Of Components Of The Income Tax Provision

	2012		2011
Current:
Federal	$	513,000	$	179,000
State		5,000		0
Deferred:
Federal		31,000		12,000
State		7,000		2,000
Total Federal and State Income Taxes	$	556,000	$	193,000

Schedule Of Effective Income Tax Rate Reconciliation

	2012		2011
Computed “Expected” Federal Tax Expense	$	560,000	$	251,000
Increase (Decrease) in Taxes Resulting From:
State Income Taxes, net of Federal Benefit		26,000		12,000
Credits		(16,000)		(51,000)
Domestic Production Activities Deduction		(20,000)		(22,000)
Permanent Differences		6,000		3,000
Total Federal and State Income Taxes	$	556,000	$	193,000

Schedule Of Components Of The Net Deferred Tax Liability

	2012		2011
Deferred Tax Assets:
Vacation Disallowance	$	26,000	$	24,000
Allowance for Doubtful Accounts		4,000		4,000
State Carryforward R&D Credit		0		3,000
Total Deferred Tax Assets	$	30,000	$	31,000
Deferred Tax Liabilities:
Prepaid Expenses	$	23,000	$	26,000
Depreciation		100,000		60,000
Net Unrealized Gain on Investments		1,362,000		1,170,000
Total Deferred Tax Liabilities	$	1,485,000	$	1,256,000
Net Deferred Tax Liability	$	(1,455,000)	$	(1,225,000)