XML 51 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 1 - Basis of Presentation and Certain Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure Text Block [Abstract]  
Schedule of Inventory, Current [Table Text Block]
   

As of

 
   

September 30, 2013

   

December 31, 2012

 

Inventory on hand:

               

Finished goods held for sale

  $ 27,213,820     $ 24,039,846  

Raw materials and work in process

    1,227,130       495,182  

Inventory in transit

    1,051,538       1,327,756  
    $ 29,492,488     $ 25,862,784  
Schedule of Goodwill [Table Text Block]
   

Leather Factory

   

Tandy Leather

   

Total

 

Balance, December 31, 2011

  $ 603,603     $ 383,406     $ 987,009  

Acquisitions and adjustments

    -       -       -  

Foreign exchange gain/loss

    5,018       -       5,018  

Impairments

    -       -       -  

Balance, September 30, 2012

  $ 608,621     $ 383,406     $ 992,027  
   

Leather Factory

   

Tandy Leather

   

Total

 

Balance, December 31, 2012

  $ 607,319     $ 383,406     $ 990,725  

Acquisitions and adjustments

    -       -       -  

Foreign exchange gain/loss

    (4,572 )     -       (4,572 )

Impairments

    -       -       -  

Balance, September 30, 2013

  $ 602,747     $ 383,406     $ 986,153  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
   

As of September 30, 2013

   

As of December 31, 2012

 
   

Gross

   

Accumulated

Amortization

   

Net

   

Gross

   

Accumulated

Amortization

   

Net

 

Trademarks, Copyrights

  $ 544,369     $ 480,143     $ 64,226     $ 544,369     $ 456,836     $ 87,533  

Non-Compete Agreements

    182,170       131,753       50,417       183,216       125,216       58,000  
    $ 726,539     $ 611,896     $ 114,643     $ 727,585     $ 582,052     $ 145,533  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
   

Wholesale

 Leathercraft

   

Retail Leathercraft

   

Total

 

2013

  $ 732     $ 41,337     $ 42,069  

2014

    492       44,004       44,496  

2015

    -       39,302       39,302  

2016

    -       4,666       4,666  

2017

    -       -       -