Annual report pursuant to section 13 and 15(d)

VALUATION AND QUALIFYING ACCOUNTS

v2.4.0.6
VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2012
VALUATION AND QUALIFYING ACCOUNTS [Abstract]  
VALUATION AND QUALIFYING ACCOUNTS
ARABIAN AMERICAN DEVELOPMENT COMPANY AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS
 
Three years ended December 31, 2012

Description
 
Beginning
balance
 
Charged
(credited)
to earnings
 
Deductions
 
Ending
balance
ALLOWANCE FOR DEFERRED
TAX ASSET
December 31, 2010
 
2,224,508
 
-
 
(1,109,090)
 
1,115,418
  December 31, 2011*
 
1,115,418
 
-
 
11,930
 
1,127,348
December 31, 2012
 
1,127,348
 
-
 
(34,146)
 
1,093,202
 
 *Restated - See Note 2
Description
 
Beginning
balance
 
Charged
to earnings
 
Deductions
 
Ending
balance
ALLOWANCE FOR DOUBTFUL
ACCOUNTS
December 31, 2010
 
126,500
 
28,500
 
-
 
155,000
December 31, 2011
 
155,000
 
55,000
 
-
 
210,000
December 31, 2012
 
210,000
 
-
 
-
 
210,000