XML 32 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
6. LONG TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2012
Long Term Debt Tables  
Long-term debt

Long-term debt consists of:

 

    December 31,  
    2012     2011  
             
Northwest Farm Credit Services Loan #1   $ 1,377,827     $ 1,437,557  
Northwest Farm Credit Services Loan #2     1,306,945       1,370,215  
Northwest Farm Credit Services Loan #3     1,331,999       1,386,145  
Other long term debt     9,467       14,673  
                 
      4,026,238       4,208,590  
Current portion     (209,327 )     (197,936 )
                 
    $ 3,816,911     $ 4,010,654  

 

Future minimum principal payments of long-term debt mature

Future minimum principal payments of long-term debt mature as follows for the years ending December 31:

 

2013   $ 209,327  
2014     221,298  
2015     232,115  
2016     247,166  
2017     263,194  
Thereafter     2,853,138  
         
    $ 4,026,238