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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current Assets  
Cash and cash equivalents$ 4,796,781$ 7,609,943
Financial contracts0177,446
Trade receivables, net22,577,53211,212,290
Advance to AMAK50,0000
Inventories7,998,6505,917,283
Current portion of notes receivable, net034,427
Prepaid expenses and other assets570,281669,367
Current portion of contractual based intangible assets, net250,422250,422
Deferred income taxes755,399487,513
Income taxes receivable0216,461
Total current assets36,999,06526,575,152
Plant, pipeline and equipment , net34,992,62733,864,268
Investment in AMAK30,883,65730,883,657
Mineral properties in the United States588,311588,311
Contractual based intangible asset, net417,369605,185
Other assets10,93810,938
TOTAL ASSETS103,891,96792,527,511
Current Liabilities  
Accounts payable4,395,7032,778,161
Accrued interest128,434120,533
Current portion of derivative instruments565,313396,527
Accrued liabilities4,296,5581,777,642
Accrued liabilities in Saudi Arabia139,731196,593
Current portion of post retirement benefit255,284246,605
Current portion of long-term debt1,668,0291,864,770
Current portion of other liabilities159,557199,939
Total current liabilities11,608,6097,580,770
Long-term debt , net of current portion22,573,74520,836,098
Post retirement benefit, net of current portion648,696680,196
Derivative instruments, net of current portion775,298719,693
Other liabilities, net of current portion773,954390,232
Deferred income taxes5,666,6825,480,683
Total liabilities42,046,98435,687,672
EQUITY  
Common stock-authorized 40,000,000 shares of $.10 par value; issued and outstanding 23,690,415 and 23,682,915 shares in 2011 and 2010, respectively (Note 6)2,369,0412,368,291
Additional paid-in capital43,823,25143,162,641
Accumulated other comprehensive loss(745,866)(736,706)
Retained earnings16,109,33411,756,390
Total Arabian American Development Company Stockholders' Equity61,555,76056,550,616
Noncontrolling Interest289,223289,223
Total equity61,844,98356,839,839
TOTAL LIABILITIES AND EQUITY$ 103,891,967$ 92,527,511