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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
OPERATING ACTIVITIES:    
Net income $ 8,394,400 $ 6,920,400
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 212,000 219,400
Provision for credit losses (37,900) (67,900)
Compensation expense related to stock options 549,100 437,400
Deferred income taxes 71,000 275,100
Gain on sale of marketable securities   (30,000)
Loss from equity investments   278,100
Deferred initial direct costs (319,500) (414,200)
Amortization of deferred initial direct costs 284,000 273,100
Tax benefits on exercised stock options (261,800) (327,400)
Change in operating assets and liabilities:    
Receivables 6,700 274,300
Income tax receivable / payable 806,200 (717,500)
Inventories (5,600) (16,100)
Prepaid expenses 56,400 (39,100)
Accounts payable (945,100) (208,000)
Accrued and other liabilities 627,400 803,800
Rents received in advance and security deposits 308,200 167,500
Deferred revenue (68,900) 461,700
Net cash provided by operating activities 9,676,600 8,290,600
INVESTING ACTIVITIES:    
Proceeds from sale of marketable securities   1,313,500
Purchase of marketable securities   (380,700)
Purchase of property and equipment (148,500) (68,100)
Purchase of equipment for lease contracts (10,194,500) (10,913,900)
Principal collections on lease receivables 8,501,100 8,566,100
Net cash used for investing activities (1,841,900) (1,483,100)
FINANCING ACTIVITIES:    
Proceeds from borrowings on line of credit 2,000,000 17,600,000
Payments on line of credit (10,800,000) (4,800,000)
Repurchases of common stock (771,500) (2,574,700)
Proceeds from exercises of stock options 1,103,500 403,200
Dividends paid (450,000) (25,722,100)
Proceeds from discounted lease rentals 629,400 975,900
Tax benefits on exercised stock options 261,800 327,400
Net cash used for financing activities (8,026,800) (13,790,300)
NET DECREASE IN CASH AND CASH EQUIVALENTS (192,100) (6,982,800)
Cash and cash equivalents, beginning of period 2,233,400 9,020,100
Cash and cash equivalents, end of period 2,041,300 2,037,300
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 173,400 161,600
Cash paid for income taxes $ 4,310,700 $ 5,024,300