Balance Sheets (USD $)	Mar. 31, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 3,777,420	$ 3,411,292
Accounts receivable, net	1,235,770	1,058,312
Inventories	9,068,217	9,619,145
Prepaid expenses and other current assets	169,355	138,382
Current portion of note receivable	51,285	61,492
Current portion of distribution agreement receivable	250,000	250,000
Income tax receivable	115,301	229,337
Total current assets	14,667,348	14,767,960
Vineyard development costs, net	1,624,628	1,643,546
Property and equipment, net	7,373,595	7,300,737
Debt issuance costs	49,906	50,752
Distribution agreement receivable, net of current portion	500,000	500,000
Note receivable	0	19,276
Other assets	0	4,456
TOTAL ASSETS	24,215,477	24,286,727
LIABILITIES AND STOCKHOLDERS' EQUITY
Current portion of long-term debt	200,978	197,936
Accounts payable	588,547	301,168
Accrued expenses	400,589	438,983
Deferred income taxes	351,000	351,000
Current portion of deferred revenue-distribution agreement	142,857	142,857
Grapes payable	0	389,233
Total current liabilities	1,683,971	1,821,177
Long-term debt, net of current portion	3,959,367	4,010,654
Deferred rent liability	206,308	208,047
Deferred revenue-distribution agreement, net of current portion	773,808	809,523
Deferred gain	241,622	249,646
Deferred income taxes	754,000	754,000
Total liabilities	7,619,076	7,853,047
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Common stock, no par value, 10,000,000 shares authorized, shares authorized, 4,884,255 and 4,892,977 issued and outstanding at March 31, 2012 and December 31, 2011	8,638,048	8,632,746
Retained earnings	7,987,299	7,800,934
Less: common stock held in treasury, at cost, 8,722 and 0, respectively March 31, 2012 and December 31, 2011	(28,946)	0
Total shareholder's equity	16,596,401	16,433,680
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 24,215,477	$ 24,286,727