Note 6 - Summary of Temporary Differences in Deferred Tax Assets and Liabilities (Details) (USD $)
|
Dec. 31, 2014
|
Dec. 31, 2013
|
---|---|---|
Basis difference in pension plan liability | $ 269,271us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions | $ (69,659)us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions |
Total deferred tax asset (liability) | 269,271us-gaap_DeferredTaxAssetsLiabilitiesNet | (69,659)us-gaap_DeferredTaxAssetsLiabilitiesNet |
Basis differences in real estate acquired through foreclosure | 237,697us-gaap_DeferredTaxLiabilitiesOther | 237,697us-gaap_DeferredTaxLiabilitiesOther |
Deferred installment revenue on land sales for tax purposes | 324,714tpl_DeferredTaxLiabilityDeferredInstallmentRevenueOnLandSales | 1,366,519tpl_DeferredTaxLiabilityDeferredInstallmentRevenueOnLandSales |
Total deferred tax liability | 562,411us-gaap_DeferredIncomeTaxLiabilities | 1,604,216us-gaap_DeferredIncomeTaxLiabilities |
Net deferred tax liability | $ 293,140us-gaap_DeferredTaxLiabilities | $ 1,673,875us-gaap_DeferredTaxLiabilities |
X | ||||||||||
- Definition
Deferred installment revenue on land sales for tax purposes. No definition available.
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from pension benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences net of deferred tax asset attributable to deductible temporary differences and carryforwards after valuation allowances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|