Uncompleted Contracts - Balance Sheet (Details) (USD $)
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Dec. 31, 2012
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Dec. 31, 2011
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Uncompleted Contracts [Abstract] | ||
Costs and estimated earnings in excess of billings | $ 62,096,284 | $ 69,251,022 |
Billings in excess of costs and estimated earnings on uncompleted contracts | (22,271,655) | (26,982,858) |
Net | $ 39,824,629 | $ 42,268,164 |
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- Definition
Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts, Net of Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts No definition available.
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- Details
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- Definition
Liability attributable to (i) billings in excess of costs under the percentage of completion contract accounting method representing the difference between contractually invoiced amounts (billings) and revenue recognized based, for example, on costs incurred to estimated total costs at period end or (ii) contractually invoiced amounts (billings) in excess of costs incurred and accumulated under the completed contract accounting method that are expected to be realized within one year or one operating cycle, whichever is longer, from the reporting date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total amount included in cost of uncompleted contracts in excess of related billings, or unbilled accounts receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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