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BALANCE SHEETS (unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 4,477,848 $ 3,411,292
Accounts receivable, net 1,096,695 986,591
Inventories (Note 3) 8,565,028 8,843,813
Prepaid expenses and other current assets 57,998 138,382
Current portion of note receivable 53,509 61,492
Current portion of distribution agreement receivable 500,000 250,000
Current portion of assets from discontinued operations, net 23,944 847,053
Income tax receivable    229,337
Total current assets 14,775,022 14,767,960
Vineyard development costs, net 1,586,793 1,643,546
Property and equipment, net (Note 4) 7,765,078 7,238,437
Assets from discontinued operations, net 25,601 62,300
Debt issuance costs 48,215 50,752
Distribution agreement receivable, net of current portion 250,000 500,000
Note receivable    19,276
Other assets    4,456
TOTAL ASSETS 24,450,709 24,286,727
CURRENT LIABILITIES    
Current portion of long-term debt 207,207 197,936
Accounts payable 738,404 301,168
Accrued expenses 368,617 438,983
Income taxes payable 31,508   
Deferred income taxes 351,000 351,000
Current portion of deferred revenue-distribution agreement 142,857 142,857
Grapes payable    389,233
Total current liabilities 1,839,593 1,821,177
Long-term debt, net of current portion 3,869,635 4,010,654
Deferred rent liability 199,943 208,047
Deferred revenue-distribution agreement, net of current portion 702,378 809,523
Deferred gain 225,575 249,646
Deferred income taxes 754,000 754,000
Total liabilities 7,591,124 7,853,047
SHAREHOLDERS' EQUITY    
Common stock, no par value, 10,000,000 shares authorized, 4,818,450 and 4,892,977 issued and outstanding at September 30, 2012 and December 31, 2011, respectively 8,646,648 8,632,746
Retained earnings 8,472,692 7,800,934
Less: Common stock held in treasury, at cost, 74,527 and 0, respectively September 30, 2012 and December 31, 2011 (259,755)   
Total shareholder's equity 16,859,585 16,433,680
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 24,450,709 $ 24,286,727