Note 4 - Uncompleted Contracts

3 Months Ended

Mar. 31, 2012

Long-term Contracts or Programs Disclosure [Text Block]

NOTE 4:                      UNCOMPLETED CONTRACTS

Costs and estimated earnings in excess of billings on uncompleted contracts are summarized as follows:

	March 31, 2012			December 31, 2011
	(Unaudited)			(Unaudited)
Costs incurred on uncompleted contracts	$	12,997,944		$	11,253,624
Estimated earnings		11,400,529			10,120,760
		24,398,473			21,374,384
Billings to date		(21,769,076	)		(19,650,770	)
		(2,629,397	)		1,723,614

	March 31, 2012			December 31, 2011
	(Unaudited)			(Unaudited)
Included in accompanying balance sheets under the following captions:
Cost and estimated earnings in excess of billings on uncompleted contracts	$	3,569,657		$	3,410,824
Billings in excess of costs and estimated earnings on uncompleted contracts	$	(940,260	)	$	(1,687,210	)