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

6 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Inventory, Current [Table Text Block]

	As of
	June 30, 2016		December 31, 2015
Inventory on hand:
Finished goods held for sale	$	33,047,533	$	30,487,764
Raw materials and work in process		1,196,894		1,284,567
Inventory in transit		2,060,168		1,812,208
	$	36,304,595	$	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		(8,017	)		-		(8,017	)
Impairments		-			-		-
Balance, June 30, 2015	$	580,363		$	383,406	$	963,769

	Leather Factory		Tandy Leather		Total
Balance, January 1, 2016	$	569,950	$	383,406	$	953,356
Acquisitions and adjustments		-		-		-
Foreign exchange gain/loss		6,512		-		6,512
Impairments		-		-		-
Balance, June 30, 2016	$	576,462	$	383,406	$	959,868

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

	As of June 30, 2016						As of December 31, 2015
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Trademarks, Copyrights	$	554,369	$	544,891	$	9,478	$	554,369	$	544,504	$	9,865
Non-Compete Agreements		174,665		161,915		12,750		174,665		157,248		17,417
	$	729,034	$	706,806	$	22,228	$	729,034	$	701,752	$	27,282

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

	Leather Factory		Tandy Leather		Total
2016	$	54	$	1,334	$	1,388
2017		90		1,667		1,757
2018		-		1,417		1,417
2019		-		666		666
2020		-		666		666
Thereafter	$	-	$	6,334	$	6,334