Note 1 - Basis of Presentation and Certain Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Inventory, Current [Table Text Block]

	As of
	March 31, 2016		December 31, 2015
Inventory on hand:
Finished goods held for sale	$	30,873,556	$	30,487,764
Raw materials and work in process		1,227,891		1,284,567
Inventory in transit		1,530,855		1,812,208
	$	33,632,302	$	33,584,539

Schedule of Goodwill [Table Text Block]

	Leather Factory			Tandy Leather		Total
Balance, January 1, 2015	$	588,380		$	383,406	$	971,786
Acquisitions and adjustments		-			-		-
Foreign exchange gain/loss		(9,695	)		-		(9,695	)
Impairments		-			-		-
Balance, March 31, 2015	$	578,685		$	383,406	$	962,091

	Leather Factory		Tandy Leather		Total
Balance, January 1, 2016	$	569,950	$	383,406	$	953,356
Acquisitions and adjustments		-		-		-
Foreign exchange gain/loss		6,428		-		6,428
Impairments		-		-		-
Balance, March 31, 2016	$	576,378	$	383,406	$	959,784

Schedule of Finite-Lived Intangible Assets [Table Text Block]

	As of March 31, 2016						As of December 31, 2015
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Trademarks, Copyrights	$	554,369	$	544,698	$	9,671	$	554,369	$	544,504	$	9,865
Non-Compete Agreements		174,665		160,915		13,750		174,665		157,248		17,417
	$	729,034	$	705,613	$	23,421	$	729,034	$	701,752	$	27,282

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

	Leather Factory		Tandy Leather		Total
2016	$	81	$	2,500	$	2,581
2017		90		1,667		1,757
2018		-		1,417		1,417
2019		-		666		666
2020		-		666		666
Thereafter	$	-	$	6,334	$	6,334