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Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 2,195,696 $ 7,845,943
Accounts receivable and accrued billings, net 14,842,862 13,288,812
Current portion of notes receivable 53,129 46,919
Construction inventory 15,276 108,974
Real estate inventory 355,019 351,634
Costs and estimated earnings in excess of billings on uncompleted contracts 6,667,243 7,411,544
Deferred income taxes 704,440 773,307
Residential properties under construction 571,783 215,648
Prepaid expenses 1,371,288 974,278
Other current assets 68,256 37,844
Total current assets 26,844,992 31,054,903
Property, buildings and equipment, at cost, net of accumulated depreciation of $24,249,607 in 2013 and $23,152,625 in 2012 29,275,369 23,817,328
Notes receivable, less current portion 140,023 151,861
Deferred charges and other assets    
Land and land development costs 1,039,860 1,027,957
Cash surrender value of life insurance 615,027 617,090
Restricted cash 480,819 418,307
Other assets 27,502 31,081
Total deferred charges and other assets 2,163,208 2,094,435
Total assets 58,423,592 57,118,527
Current liabilities    
Accounts payable and accrued liabilities 7,429,121 6,637,932
Billings in excess of costs and estimated earnings on uncompleted contracts 95,504 374,052
Current portion of notes payable 4,438,175 4,219,720
Income taxes payable 531,230 1,001,062
Total current liabilities 12,494,030 12,232,766
Deferred income taxes 4,520,691 4,045,820
Other accrued liabilities 10,665 10,556
Notes payable, less current portion 12,309,269 13,535,956
Total liabilities 29,334,655 29,825,098
Commitments and contingencies      
Stockholders’ equity    
Preferred stock, $1 par value, 5,000,000 shares authorized, none issued      
Common stock, $.10 par value, 40,000,000 shares authorized; 27,813,772 shares issued and 25,451,354 shares outstanding 2,781,377 2,781,377
Additional paid-in capital 18,481,683 18,481,683
Retained earnings 9,134,064 7,338,556
Treasury stock, 2,362,418 shares, at cost (1,308,187) (1,308,187)
Total stockholders’ equity 29,088,937 27,293,429
Total liabilities and stockholders’ equity $ 58,423,592 $ 57,118,527