American International Industries (AMIN) Inactive 10-K/A22 Apr 142013 FY Annual report (amended)Financial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2013	Apr. 15, 2014	Jun. 28, 2013
Document and Entity Information	'	'	'
Entity Registrant Name	'American International Industries Inc	'	'
Entity Central Index Key	'0001073146	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	2,133,948	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Entity Public Float	'	'	$2,332,795

AMERICAN_INTERNATIONAL_INDUSTR

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES - Balance Sheet (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets:	'	'
Cash and cash equivalents	$715,572	$1,016,454
Accounts receivable from related parties	498	2,494
Accounts receivable, less allowance for doubtful accounts	1,365,460	2,185,839
Notes receivable - related party	0	181,000
Short-term notes receivable	32,000	0
Current portion of notes receivable	42,821	1,325,851
Inventories, net	1,495,030	1,832,304
Real estate held for sale	8,421,465	7,031,614
Prepaid expenses and other current assets	32,527	62,340
Total current assets	12,105,373	13,637,896
Long-term receivables, less current portion	814,397	57,891
Oil and gas properties - not subject to amortization	183,473	8,400
Property and equipment, net of accumulated depreciation and amortization	771,728	1,971,766
Goodwill	674,539	674,539
Patents, trademarks and tooling, net of accumulated amortization	160,883	158,982
Marketable securities - available for sale	8,000	65,000
Other assets	4,005	4,005
Total assets	14,722,398	16,578,479
Current liabilities:	'	'
Accounts payable and accrued expenses	1,245,792	1,384,359
Short-term notes payable	200,000	0
Accounts and notes payable to related parties	133,312	12,026
Current portion of long-term debt	3,497,808	3,002,362
Total current liabilities	5,076,912	4,398,747
Accrued pension expense	36,349	48,708
Asset retirement obligations	6,702	0
Long-term debt, less current installments	314,469	1,303,000
Total liabilities	5,434,432	5,750,455
Equity:	'	'
Preferred stock, $0.001 par value, 1,000,000 shares authorized, 1,000 and 1,000 shares issued and outstanding, respectively	1	1
Common stock, $0.001 par value, 50,000,000 authorized; 2,138,986 and 1,619,714 shares issued, respectively; and 2,133,948 and 1,406,144 shares outstanding, respectively	2,139	1,620
Additional paid-in capital	38,777,125	38,088,576
Stock subscription receivable	0	-72,000
Accumulated deficit	-26,981,161	-25,196,480
Accumulated other comprehensive loss	-1,397,000	-1,340,000
Less treasury stock, at cost; 259,393 and 213,570 shares, respectively	-1,210,917	-851,807
Total American International Industries, Inc. equity	9,190,187	10,629,910
Non-controlling interest	97,779	198,114
Total equity	9,287,966	10,828,024
Total liabilities and equity	$14,722,398	$16,578,479

AMERICAN_INTERNATIONAL_INDUSTR1

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES Statement of Financial Position - Parenthetical (USD $)	Dec. 31, 2013	Dec. 31, 2012
Statement of Financial Position	'	'
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	1,000	1,000
Common stock, par value (in dollars per share)	$2,139	$1,620
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	2,138,986	1,619,714
Common stock, shares outstanding (in shares)	2,133,948	1,406,144
Treasury stock, at cost (in shares)	259,393	213,570

AMERICAN_INTERNATIONAL_INDUSTR2

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES - CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS	'	'
Revenues	$7,158,087	$7,982,893
Costs and expenses:	'	'
Cost of sales	5,459,145	6,083,875
Selling, general and administrative	3,574,646	4,115,964
Impairment of real estate held for sale	43,000	0
Gain (loss) on sale of assets	-103,174	-330,277
Total costs and expenses	9,179,965	10,530,116
Operating income (loss)	-2,021,878	-2,547,223
Other income (expenses):	'	'
Interest and dividend income	65,079	60,991
Botts lawsuit settlement	0	-49,281
NPI lawsuit settlement	0	-55,000
Shumate lawsuit settlement	0	-40,000
Realized gains (losses) on the sale of trading securities, net	252,143	41,447
Unrealized gains (losses) on trading securities, net	-48,416	-6,227
Interest expense	-246,807	-246,230
Other income (expense)	-39,251	-10,597
Total other expense	-17,252	-304,897
Net income (loss) before income tax	-2,067,073	-2,852,120
Income tax expense (benefit)	27,943	-7,715
Net income (loss) from continuing operations, net of income taxes	-2,067,073	-2,844,405
Income (loss) on disposal of discontinued operations	0	1,118,327
Income (loss) from discontinued operations, net of income taxes	0	-922,517
Net income (loss)	-2,067,073	-2,648,595
Net (income) loss attributable to the noncontrolling interest	282,392	518,329
Net income (loss) attributable to American International Industries, Inc.	($1,784,681)	($2,130,266)
Net income (loss) per common share - basic and diluted:	'	'
Continuing operations	($0.98)	($1.56)
Discontinued operations	$0	$0.13
Total	($0.98)	($1.43)
Weighted average common shares - basic and diluted	1,871,949	1,489,583

AMERICAN_INTERNATIONAL_INDUSTR3

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'
Net income (loss)	($2,067,073)	($2,648,595)
Unrealized gain (loss) on marketable securities	-57,000	57,200
Total comprehensive income (loss)	-2,124,073	-2,591,395
Comprehensive (income) loss attributable to the noncontrolling interest	282,407	518,329
Comprehensive income (loss) attributable to American International Industries, Inc.	($1,841,666)	($2,073,066)

AMERICAN_INTERNATIONAL_INDUSTR4

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES - CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net income (loss)	($2,067,073)	($2,648,595)
Income from discontinued operations including gain (loss) on disposition, net of income taxes	0	195,810
Net income (loss) from continuing operations	-2,067,073	-2,844,405
Adjustments to reconcile net income (loss) from continuing operations to net cash used in operating activities from continuing operations:	'	'
Depreciation and amortization	93,086	86,086
Share-based compensation	342,880	147,574
Amortization of guarantor fee	0	19,983
Other income from forgiveness of debt	0	-15,000
Impairment of real estate held for sale	43,000	0
(Gain) loss on sale of assets	103,174	330,277
Unrealized (gains) losses on trading securities, net	48,416	6,227
Decrease (increase) in accounts receivable	621,201	-974,839
Decrease (increase) in inventories	275,274	72,711
Decrease (increase) in prepaid expenses and other current assets	29,813	-4,541
Decrease (increase) in other assets	131,100	0
Increase (decrease) in accounts payable and accrued expenses	-362,880	414,385
Net cash used in operating activities from continuing operations	-994,152	-2,802,989
Cash flows from investing activities from continuing operations:	'	'
Redemption of certificate of deposit	0	-50,000
Investment in certificate of deposit	0	50,000
Purchase of trading securities	-3,017,917	-374,727
Purchase of oil and gas properties	-157,500	0
Sales of trading securities	3,374,885	596,280
Purchase of VOMF interest in AMIH	-12,000	0
Proceeds from sale of subsidiary	0	1,600,000
Proceeds from sale of real estate held for sale	160,334	553,621
Purchase of property and equipment	-1,082	-3,510
Costs of securing patents and trademarks	-46,597	-139,882
Issuance of note receivable	-50,000	0
Proceeds from notes receivable	848,702	315,417
Net cash provided by investing activities from continuing operations	1,098,825	2,547,199
Cash flows from financing activities from continuing operations:	'	'
Proceeds from issuance of common stock	0	0
Net borrowings under lines of credit agreements and short-term notes	0	1,017,000
Proceeds from sale of common stock of subsidary	200,000	0
Proceeds from issuance of debt	0	20,000
Proceeds from related party stock subscription receivable	55,500	0
Principal payments on debt	-493,085	-282,671
Loans to related parties	-7,818	-177,965
Payments for acquisition of treasury stock of subsidiary	-1,042	-4,255
Payments for acquisition of treasury stock	-159,110	-223,113
Net cash provided by (used in) financing activities from continuing operations	-405,555	402,998
Net increase (decrease) in cash and cash equivalents from continuing operations	-300,882	147,208
Cash and cash equivalents at beginning of period	1,016,454	869,246
Cash and cash equivalents at end of period	715,572	1,016,454
Discontinued operations	'	'
Net cash provided by operations	0	300,902
Net cash used in investing activities	0	-125,399
Net cash used in financing activities	0	-186,158
Net decrease in cash and cash equivalents from discontinued operations	0	-10,655
Cash and cash equivalents at beginning of period from discontinued operations	0	10,655
Cash and cash equivalents at end of period from discontinued operations	0	0
Supplemental schedule of cash flow information:	'	'
Interest paid	189,369	243,314
Taxes paid	3,149	0
Non-cash transactions:	'	'
Unrealized gain (loss) on marketable securities	-57,000	57,200
Note payable issued for lawsuit settlement	125,181	0
Adjustment to noncontrolling interest in AMIH and BOG	179,071	563,319
AMIH preferred dividends declared and unpaid	0	20,000
Conversion of note receivable - related party to real estate held for sale	181,000	0
Reversal of preferred dividends of AMIH	0	1,055,000
DFT payment in AMIH shares	16,500	0
Issuance of common stock to related party for acquisition of real estate	360,000	0
Reclassification of real estate held for sale from property and equipment	1,155,359	0
Obligations to purchase treasury stock	200,000	0
Accrued oil and gas properties acquisition	13,500	0
Accrued interest income converted to note receivable	23,700	0
Capitalized asset retirement obligations	6,055	0
Note receivable received from sale of AMIH's assets	$0	$1,020,000

AMERICAN_INTERNATIONAL_INDUSTR5

AMERICAN INTERNATIONAL INDUSTRIES, INC. AND SUBSIDIARIES - CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (DEFICIT) (USD $)	Common Stock	Preferred Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income	Stock Subscription Receivable	Non-Controlling Interest	Total
Equity Balance, value at Dec. 31, 2011	$1,602	$1	$36,952,561	($628,694)	($23,066,214)	($1,397,200)	($72,000)	$674,155	$12,464,211
Equity Balance, shares at Dec. 31, 2011	1,601,714	1,000	'	'	'	'	'	'	'
Stock based compensation, value	18	'	96,028	'	'	'	'	51,528	147,574
Stock based compensation, shares	18,000	'	'	'	'	'	'	'	'
Acquisition of treasury shares	'	'	-3,142	-223,113	'	'	'	-1,113	-227,368
Change in equity investment ownership	'	'	563,319	'	'	'	'	-563,317	2
VOMF settlement recorded as deemed dividend	'	'	489,082	'	'	'	'	565,918	1,055,000
Dividends on preferred stock of AMIH	'	'	-9,272	'	'	'	'	-10,728	-20,000
Unrealized gain (loss) on marketable securities	'	'	'	'	'	'	'	57,200	57,200
Net income (loss)	'	'	'	'	-2,130,266	'	'	-518,329	-2,648,595
Equity Balance, value at Dec. 31, 2012	1,620	1	38,088,576	-851,807	-25,196,480	-1,340,000	-72,000	198,114	10,828,024
Equity Balance, shares at Dec. 31, 2012	1,619,714	1,000	'	'	'	'	'	'	'
Stock based compensation, value	21	'	26,859	'	'	'	'	'	26,880
Stock based compensation, shares	21,000	'	'	'	'	'	'	'	'
Stock issued to related party for receivable, value	300	'	359,700	'	'	'	'	'	360,000
Stock issued to related party for receivable, shares	300,000	'	'	'	'	'	'	'	'
Stock issued to related party for oil and gas property, value	200	'	167,740	'	'	'	'	148,060	316,000
Stock issued to related party for oil and gas property, shares	200,000	'	'	'	'	'	'	'	'
Cancellation of shares, value	-2	-2,211	-2,213	'	'	'	'	'	'
Cancellation of shares, shares	-1,728	'	'	'	'	'	'	'	'
BOG shares sold for cash	'	'	111,627	'	'	'	'	88,373	200,000
BOG treasury share purchased	-556	-486	-1,042	'	'	'	'	'	'
Acquisition of treasury shares	-159,110	-159,110	'	'	'	'	'	'	'
Change in equity investment ownership	'	'	179,071	'	'	'	'	-179,071	0
VOMF settlement recorded as deemed dividend	'	'	'	-200,000	'	'	'	'	-200,000
Purchase of VOMF interest in AMIH	'	'	-12,000	'	'	'	'	'	-12,000
Unrealized gain (loss) on marketable securities	'	'	'	'	'	-57,000	'	'	-57,000
Net income (loss)	'	'	'	'	-1,784,681	'	'	-282,392	-2,067,073
Equity Balance, value at Dec. 31, 2013	$2,139	$1	$38,777,125	($1,210,917)	($26,981,161)	($1,397,000)	'	$97,779	$9,287,966
Equity Balance, shares at Dec. 31, 2013	2,138,986	1,000	'	'	'	'	'	'	'

Note_1_Summary_of_Significant_

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 1 - Summary of Significant Accounting Policies	'
	Note 1 - Summary of Significant Accounting Policies

	Organization, Ownership and Business

	American International Industries, Inc. ("American"), a Nevada corporation, operates as a diversified holding company with a number of wholly-owned subsidiaries and some partially owned subsidiaries. American is a diversified corporation with interests in industrial/commercial companies and an oil and gas service business. American's business strategy is to acquire controlling equity interests in businesses that it considers undervalued. American's management takes an active role in providing its subsidiaries with access to capital, leveraging synergies and providing management expertise in order to improve its subsidiaries' growth.

	Principles of Consolidation

	The consolidated financial statements include the accounts of American and its wholly-owned subsidiaries Northeastern Plastics, Inc. ("NPI") and American International Texas Properties, Inc. ("AITP"), American International Holdings Corp. (“AMIH”), formerly Delta Seaboard International, Inc. ("Delta"), in which American holds a 93.2% shareholder interest, and Brenham Oil & Gas Corp. (“BOG”), in which American holds a 51.0% interest. All significant intercompany transactions and balances have been eliminated in consolidation.

	On October 17, 2012, American effected a reverse stock split whereby all outstanding shares of its common stock were subject to a reverse split on a one for ten (1:10) basis. All share and per share amounts for American contained in these financial statements have been retroactively adjusted to reflect the reverse stock split.

	On August 13, 2012, AMIH effected a reverse stock split whereby all outstanding shares of its common stock were subject to a reverse split on a one for one hundred (1:100) basis. All share and per share amounts for AMIH contained in these financial statements have been retroactively adjusted to reflect the reverse stock split.

	On April 3, 2012, AMIH entered into an Asset Purchase Agreement with Delta Seaboard, LLC (the "Purchaser"), a Texas limited liability company that is owned and controlled by Robert W. Derrick, Jr. and Ronald D. Burleigh, who were Delta's president and director and vice-president and director, respectively, Delta Seaboard Well Service, Inc. ("DSWSI"), a Texas corporation and a wholly-owned subsidiary of AMIH, and American.

	The agreement provided, among other things, that: (i) AMIH sell, transfer and assign the assets and liabilities of DSWSI to the Purchaser; (ii) Messrs. Derrick and Burleigh resign as executive officers and as members of AMIH’s board of directors; and (iii) Messrs. Derrick and Burleigh transfer and assign all of their 319,258 AMIH shares valued at $624,704 to American. In consideration for the sale, transfer and assignment of the DSWSI net assets to Purchaser, Purchaser paid $1,600,000 in cash at the closing and executed a 5 year note bearing interest at 5% per annum in the face amount of $1,400,000. On December 19, 2012, this note was sold to Messrs. Derrick and Burleigh for $1,020,000, of which $220,000 was paid prior to December 31, 2012. Total consideration for the sale was $2,620,000. On February 27, 2013, AMIH received $800,000 in payment of the balance due on the note receivable from Messrs. Derrick and Burleigh.

	Discontinued operations for the year ended December 31, 2012 includes a gain on disposal of DSWSI of $1,498,327 for the initial consideration of $3,000,000 less DSWSI's operating assets and associated liabilities of $1,501,673. DSWSI's net loss of $922,517 for the year ended December 31, 2012 is included in discontinued operations. On December 19, 2012, the $1,400,000 note receivable from the sale of DSWSI’s assets was sold to Messrs. Derrick and Burleigh for $1,020,000, and the gain on disposal of DSWSI was reduced by $380,000 to $1,118,327.

	Reclassifications

	Certain reclassifications have been made to amounts in prior periods to conform to the current period presentation. All reclassifications have been applied consistently to the periods presented.

	Cash and Equivalents

	American considers cash and equivalents to include cash on hand and certificates of deposits with banks with an original maturity of three months or less, that American intends to convert.

	Accounts Receivable

	Accounts receivable consist primarily of trade receivables, net of a valuation allowance for doubtful accounts.


	Allowance for Doubtful Accounts

	American extends credit to customers and other parties in the normal course of business. American regularly reviews outstanding receivables and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established reserves, American makes judgments regarding its customers' ability to make required payments, economic events and other factors. As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. When American determines that a customer may not be able to make required payments, American increases the allowance through a charge to income in the period in which that determination is made.

	Notes Receivable

	Notes receivable are carried at the expected net realizable value. Impairment of notes receivable is based on management's continued assessment of the collectability of debtors.

	Inventories

	Inventories are valued at the lower-of-cost or market on a first-in, first-out basis and includes the cost of the inventories and freight. American assesses the realizability of its inventories based upon specific usage and future utility. A charge to income is taken when factors that would result in a need for a reduction in the valuation, such as excess or obsolete inventory, are noted.

	Investment Securities

	American accounts for its investments in accordance with ASC 320-10, "Investments in Debt and Equity Securities." Management determines the appropriate classification of its investments in marketable securities at the time of purchase and reevaluates such determination at each balance sheet date. Securities that are bought and held principally for the purpose of selling them in the near term are classified as trading securities. Debt securities for which American does not have the intent or ability to hold to maturity and equity securities not classified as trading securities are classified as available-for-sale. The cost of investments sold is determined on the specific identification or the first-in, first-out method. Trading securities are reported at fair value with unrealized gains and losses recognized in earnings, and available-for-sale securities are also reported at fair value but unrealized gains and losses are included in stockholders' equity. Management determines fair value of its investments based on quoted market prices at each balance sheet date.

	Oil and Gas Properties, Full Cost Method

	BOG uses the full cost method of accounting for oil and gas producing activities. Costs to acquire mineral interests in oil and gas properties, to drill and equip exploratory wells used to find proved reserves, and to drill and equip development wells including directly related overhead costs and related asset retirement costs are capitalized.

	Under this method, all costs, including internal costs directly related to acquisition, exploration and development activities, are capitalized as oil and gas property costs. Properties not subject to amortization consist of exploration and development costs that are evaluated on a property-by-property basis. Amortization of these unproved property costs begins when the properties become proved or their values become impaired. BOG assesses overall values of unproved properties, if any, on at least an annual basis or when there has been an indication that impairment in value may have occurred. Impairment of unproved properties is assessed based on management's intention with regard to future development of individually significant properties and the ability of BOG to obtain funds to finance their programs. If the results of an assessment indicate that the properties are impaired, the amount of the impairment is added to the capitalized costs to be amortized.

	Under this method, sales of oil and natural gas properties are accounted for as adjustments to the net full cost pool with no gain or loss recognized, unless the adjustment would significantly alter the relationship between capitalized costs and proved reserves. If it is determined that the relationship is significantly altered, the corresponding gain or loss will be recognized in the consolidated statements of operations.

	Costs of oil and gas properties are amortized using the units of production method under this method. Depletion expense calculated per equivalent physical unit of production amounted to $0.44 per barrel of oil equivalent for the year ended December 31, 2013.

	Ceiling Test

	In applying the full cost method, BOG performs an impairment test (ceiling test) at each reporting date, whereby the carrying value of oil and gas properties is compared to the “estimated present value” of its proved reserves discounted at a 10-percent interest rate of future net revenues, based on current economic and operating conditions at the end of the period, plus the cost of properties not being amortized, plus the lower of cost or fair market value of unproved properties included in costs being amortized, less the income tax effects related to book and tax basis differences of the properties. If capitalized costs exceed this limit, the excess is charged as an impairment expense. During the years ended December 31, 2013 and 2012, no impairment of oil and gas properties was recorded.


Property, Plant, Equipment, Depreciation, Amortization and Long-Lived Assets

Long-lived assets include:

Property, Plant and Equipment – Assets acquired in the normal course of business are recorded at original cost and may be adjusted for any additional significant improvements after purchase. We depreciate the cost evenly over the assets’ estimated useful lives. Upon retirement or sale, the cost of the assets disposed of and the related accumulated depreciation are removed from the accounts, with any resultant gain or loss being recognized as a component of other income or expense.

Identifiable intangible assets – These assets are recorded at acquisition cost. Intangible assets with finite lives are amortized evenly over their estimated useful lives.

At least annually, we review all long-lived assets for impairment. When necessary, we record changes for impairments of long-lived assets for the amount by which the present value of future cash flows, or some other fair value measure, is less than the carrying value of these assets.

If the carrying amount of a reporting unit exceeds its fair value, we measure the possible goodwill impairment based upon an allocation of the estimate of fair value of the reporting unit to all of the underlying assets and liabilities of the reporting unit, including any previously unrecognized intangible assets (Step Two Analysis). The excess of the fair value of a reporting unit over the amounts assigned to its assets and liabilities (“carrying amount”) is the implied fair value of goodwill. An impairment loss is recognized to the extent that a reporting unit’s recorded goodwill exceeds the implied fair value of goodwill. At December 31, 2013 and 2012, American completed its annual impairment testing of goodwill. During, each year, there were no events or circumstances that would have indicated potential impairment. At December 31, 2013 and 2012, the carrying amount of NPI did not exceed its fair value and as a result, no impairment loss was recognized.

Revenue Recognition

Revenue is recognized when the earnings process is completed, the risks and rewards of ownership have transferred to the customer, which is generally the same day as delivery or shipment of the product, the price to the buyer is fixed or determinable, and collection is reasonably assured. Delta receives purchase orders for all of its service work and related pipe sales. All sales are recorded when the work is completed or when the pipe is sold. NPI has purchase orders for all sales, of which many of the items are requested to be container shipped and shipped directly to the end users. All sales are recorded when the inventory items are shipped. Taxes assessed by a governmental authority that are incurred as a result of a revenue transaction are not included in revenues. American has no significant sales returns or allowances.

Income Taxes

American is a taxable entity and recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to be in effect when the temporary differences reverse. The effect on the deferred tax assets and liabilities of a change in tax rates is recognized in income in the year that includes the enactment date of the rate change. A valuation allowance is used to reduce deferred tax assets to the amount that is more likely than not to be realized. Interest and penalties associated with income taxes are included in selling, general and administrative expense.

American has adopted ASC 740-10 “Accounting for Uncertainty in Income Taxes” which prescribes a comprehensive model of how a company should recognize, measure, present, and disclose in its financial statements uncertain tax positions that the company has taken or expects to take on a tax return. ASC 740-10 states that a tax benefit from an uncertain position may be recognized if it is "more likely than not" that the position is sustainable, based upon its technical merits. The tax benefit of a qualifying position is the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. As of December 31, 2013, American had not recorded any tax benefits from uncertain tax positions.

Net Income (Loss) Per Common Share

The basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of shares outstanding during a period. Diluted net income (loss) per common share is computed by dividing the net income (loss), adjusted on an as if converted basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For the years ended December 31, 2013 and 2012, potential dilutive securities that had an anti-dilutive effect were not included in the calculation of diluted net income (loss) per common share. These securities include 10,000 options to purchase shares of common stock that were not "in the money".

Advertising Costs

The cost of advertising is expensed as incurred.

Management's Estimates and Assumptions

The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses. Actual results could differ from these estimates.

Stock-Based Compensation

American sometimes grants shares of stock for goods and services and in conjunction with certain agreements. These grants are accounted for based on the grant date fair values.

Fair Value of Financial Instruments

Effective January 1, 2008, American adopted the framework for measuring fair value that establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:

Basis of Fair Value Measurement

Level 1 Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

Level 2 Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the asset or the liability; or inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3 Unobservable inputs reflecting American's own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.

American believes that the fair value of its financial instruments comprising cash, accounts receivable, notes receivable, accounts payable, and notes payable approximate their carrying amounts. The interest rates payable by American on its notes payable approximate market rates. The fair values of American's Level 1 financial assets, trading securities and marketable securities - available for sale that primarily include shares of common stock in various companies, are based on quoted market prices of the identical underlying security. As of December 31, 2013 and 2012, American did not have any significant Level 2 or 3 financial assets or liabilities.

The following tables provide fair value measurement information for American's trading securities and marketable securities - available for sale:

	As of December 31, 2013
			Fair Value Measurements Using:
	Carrying	Total	Quoted Prices	Significant Other	Significant
	Amount	Fair Value	in Active Markets	Observable Inputs	Unobservable Inputs
			(Level 1)	(Level 2)	(Level 3)
Financial Assets:
Trading Securities	$ -	$ -	$ -	$ -	$ -
Marketable Securities - available for sale	$ 8,000	$ 8,000	$ 8,000	$ -	$ -


	As of December 31, 2012
			Fair Value Measurements Using:
	Carrying	Total	Quoted Prices	Significant Other	Significant
	Amount	Fair Value	in Active Markets	Observable Inputs	Unobservable Inputs
			(Level 1)	(Level 2)	(Level 3)
Financial Assets:
Trading Securities	$ -	$ -	$ -	$ -	$ -
Marketable Securities - available for sale	$ 65,000	$ 65,000	$ 65,000	$ -	$ -



Subsequent Events

American has evaluated all transactions from December 31, 2013 through the financial statement issuance date for subsequent event disclosure consideration.

New Accounting Pronouncements

There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our consolidated financial position, operations or cash flows.

Note_2_Concentrations_of_Credi

Note 2 - Concentrations of Credit Risk	12 Months Ended
Note 2 - Concentrations of Credit Risk	Dec. 31, 2013
Notes	'
Note 2 - Concentrations of Credit Risk	'
	Note 2 - Concentrations of Credit Risk

	American maintains its cash and certificates of deposit in commercial accounts at major financial institutions. The FDIC no longer has limits on non-interest bearing accounts. American has not incurred losses related to these deposits.

	Trade accounts receivable subject American to the potential for credit risk with customers in the retail and distribution sectors. To reduce credit risk, American performs ongoing evaluations of its customer’s financial condition but generally does not require collateral. As of and during the year ended December 31, 2013, the Company had one customer that accounted for 14.8% of revenues and 19.8% of trade accounts receivable, one customer that accounted for 13.6% of revenues and 12.7% of accounts receivable, and one customer that accounted for 14.2% of revenues.

Note_3_Trading_Securities_and_

Note 3 - Trading Securities and Marketable Securities - Available For Sale	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 3 - Trading Securities and Marketable Securities - Available For Sale	'
	Note 3 - Trading Securities and Marketable Securities - Available for Sale

	Investments in equity securities primarily include shares of common stock in various companies that are bought and held principally for the purpose of selling them in the near term with the objective of generating profits on short-term differences in price. These investments are classified as trading securities and, accordingly, any unrealized changes in market values are recognized in the consolidated statements of operations. For the years ended December 31, 2013 and 2012, American had net unrealized trading losses of $48,416 and net unrealized trading losses of $6,227, respectively, related to securities held on those dates. American recorded net realized gains of $252,143 and net realized gains of $41,447 for the years ended December 31, 2013 and 2012, respectively.

	On June 21, 2010, American received as compensation for consulting services 1,000,000 restricted shares of ADB International Group, Inc. ("ADBI") common stock valued at $1,370,000, based on the closing market price of $1.37 per share on that date. On December 8, 2010, American purchased an additional 300,000 shares for $35,000. This investment is classified as marketable securities - available for sale and, accordingly, any unrealized changes in market values are recognized as other comprehensive loss. At December 31, 2013 and 2012, this investment was valued at $8,000, and $65,000, respectively, based on the closing market price of $0.05 and $0.01, respectively, per share on those dates. American recognized other comprehensive losses of $57,000 for the year ended December 31, 2013, and other comprehensive income of $57,200 for the year ended December 31, 2012 for the unrealized changes in market values for this investment.

	Equity markets can experience significant volatility and therefore are subject to changes in value. Based upon the current volatile nature of the U.S. securities markets and the decline in the U.S. economy, we believe that it is possible, that the market values of our equity securities could decline in the near term. We have a policy in place to review our equity holdings on a regular basis. Our policy includes, but is not limited to, reviewing each company’s cash position, earnings/revenue outlook, stock price performance, liquidity and management/ownership. American seeks to manage exposure to adverse equity returns in the future by potentially increasing the diversity of our securities portfolios.

Note_4_Notes_Receivable

Note 4 - Notes Receivable	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 4 - Notes Receivable	'
	Note 4 - Notes Receivable

	Short-term notes receivable consists of the following:


		31-Dec-13	31-Dec-12
	Unsecured note receivable, interest at 5%, principal due on July 10, 2014	$ 32,000	$ -

	Notes receivable - related party:

	On July 13, 2012, the Company and Daniel Dror II entered into an agreement whereby the Company agreed to purchase from Daniel Dror II a 50% interest in 96 acres in Galveston, Texas for $1,810,000, of which $181,000 was paid immediately (recorded as note receivable – related party as of December 31, 2012) and the remaining $1,629,000 was due at closing. On January 22, 2013, the Company agreed to an amended contract which changed the terms of the purchase of the land. Also, on January 22, 2013, the Board of Directors of American approved the purchase of a 50% interest in 96 acres in Galveston County from Kemah Development Texas, L.P. (“KDT”) for 300,000 shares of American restricted common stock, valued at $360,000, and the $181,000 note receivable from Daniel Dror II. The note receivable was assigned to KDT. Daniel Dror II is the adult son of Daniel Dror, American’s Chairman, Chief Executive Officer, and President. KDT is owned by an entity which is controlled by the brother of Daniel Dror. This property is recorded on the balance sheet as “Real estate held for sale” for $541,000.

	Long-term note receivables consist of the following:

		31-Dec-13	31-Dec-12
	Unsecured note receivable for sale of a former subsidiary, Marald, Inc., due in monthly payments of $3,074, including interest at 4%, beginning July 1, 2012 through June 1, 2022 (a)	$ 281,073	$ 287,442
	Note receivable for the sale of DSWSI, interest due monthly at 5%, principal due on or before April 3, 2017, or upon sale of the 3.2 acre property securing the note	-	800,000
	Unsecured note receivable due in monthly payments of $5,000, including interest at 3%, principal due on or before April 1, 2018 (b)	595,668	596,300
	Total notes receivable	876,741	1,683,742
	Reserve due to uncertainty of collectability	-19,523	-300,000
		857,218	1,383,742
	Less: current portion	-42,821	-1,325,851
	Long-term notes receivable	$ 814,397	$ 57,891

	(a) Sale of Marald, Inc., principal and interest due monthly through June 1, 2022. The original note was for $300,000 and was discounted to $200,000 for the receipt of full payment on or before October 25, 2007. In July 2012, payments began under a new extension and renewal agreement for the note balance plus accrued interest, with the payment terms indicated above. Since April 2013, no payments have been received on this note. American has filed a lawsuit for the total amount owed plus interest and attorney’s fees. The Company believes this receivable is fully collectible, but has classified the receivable as long-term at December 31, 2013.

	(b) Unsecured note receivable due April 1, 2018. This note was issued for $601,300. This note was previously owed by Southwest Gulf Coast Properties, Inc. ("SWGCP") resulting from closing costs, principal and interest paid by American on the SWGCP loan at TXCB. In February, SWGCP obtained a judgment against Kentner Shell ("Shell"), who personally guaranteed the note, for $4,193,566 for matters related to these condominiums. On September 30, 2011, SWGCP assigned all of its interests in this judgment to American in exchange for this note and $10. On April 1, 2013, American and Shell executed a $620,000 note agreement whereby Shell will make monthly payments in the amount of $5,000, beginning May 1, 2013, with a balloon payment for the remaining amount owed due on or before April 1, 2018.

	At December 31, 2013, American has reserved a total of $19,523 on all notes receivable in the aggregate due to uncertainty of collectability. American believes this reserve remains appropriate at December 31, 2013.

	Interest income on notes receivable is recognized principally by the simple interest method. During the years ended December 31, 2013 and 2012, American recognized interest income of $65,069 and $60,103, respectively, on the notes receivable.

Note_5_Inventories

Note 5 - Inventories	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 5 - Inventories	'
	Note 5 - Inventories

	Inventories consisted of the following:

		31-Dec-13	31-Dec-12
	Finished goods	$ 1,573,867	$ 1,865,141
	Less reserve for obsolescence	-78,837	-32,837
	Inventories, net	$ 1,495,030	$ 1,832,304

Note_6_Real_Estate_Held_For_Sa

Note 6 - Real Estate Held For Sale	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 6 - Real Estate Held For Sale	'
	Note 6 - Real Estate Held for Sale

	Real estate held for sale consisted of the following:


		31-Dec-13	31-Dec-12
	65 acres in Galveston County, Texas	$ 520,382	$ 520,382
	1.705 acres in Galveston County, Texas	460,000	460,000
	Two residential lots in Galveston County, Texas	95,861	95,861
	Dawn Condominium units on the waterfront in Galveston, Texas; 7 and 9 units as of December, 2013 and December 31, 2012, respectively (a)	888,328	1,151,836
	50% interest in 96 acres - vacant commercial use land in Galveston County, Texas (b)	541,000	-
	5 acres - vacant commercial use land in Houston, Texas	1,303,905	1,303,905
	31 acres - vacant mixed use land in Houston, Texas (c)	1,772,564	1,815,564
	17 acres - vacant mixed use land in Houston, Texas (d)	1,155,359	-
	174 acres in Waller County, Texas	1,684,066	1,684,066
		$ 8,421,465	$ 7,031,614

	(a) Dawn Condominium units on the waterfront in Galveston, Texas - During the year ended December 31, 2013, two Dawn Condominium units were sold for a total of $160,334, resulting in a total loss on sale of assets of $103,174.

	(b) 50% interest in 96 acres of vacant commercial use land in Galveston County, Texas - On January 22, 2013, the Board of Directors of American approved the purchase of a 50% undivided interest in 96 acres in Galveston County from Kemah Development Texas, L.P. (“KDT”) for 300,000 shares of American restricted common stock, valued at $360,000, and the $181,000 note receivable from Daniel Dror II.

	(c) 31 acres – vacant mixed use land in Houston, Texas – During 2013, the Company recorded a $43,000 impairment to write down the land to its estimated net realizable value.

	(d) 17 acres - vacant mixed use land in Houston, Texas - During the year ended December 31, 2013, NPI transferred this 17-acre tract of land from property and equipment to real estate held for sale. This property has been listed with a broker and American is actively pursuing a sale of this property.

	American reviewed the accounting standards Real Estate - General (ASC 970-10) and Property, Plant, and Equipment (ASC 360-10) to determine the appropriate classification for these properties. According to ASC 970-10, real estate that is held for sale in the ordinary course of business is classified as inventory, which is a current asset. ASC 360-10 provides the following criteria for property to be classified as held for sale:

	1) Management with the appropriate authority commits to a plan to sell the asset;
	2) The asset is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets;
	3) An active program to locate a buyer and other actions required to complete the plan of sale have been initiated;
	4) The sale of the property or asset within one year is probable and will qualify for accounting purposes as a sale;
	5) The asset is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and
	6) Actions required to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn.

	Management consulted with the real estate brokers for these properties and reviewed the recent interest for each property. Based on our consultations and review, we believe that the sale of these properties within one year is probable. We concluded that all of these criteria have been met for these properties and that they are appropriately classified as held for sale in current assets.

Note_7_Sale_of_DSWSI

Note 7 - Sale of DSWSI	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 7 - Sale of DSWSI	'
	Note 7 - Sale of DSWSI

	On April 3, 2012, AMIH sold all of the assets and liabilities of DSWSI.

	Discontinued operations for the year ended December 31, 2012 includes a gain on sale of DSWSI of $1,118,327 for the initial consideration of $2,620,000 less DSWSI's assets and associated liabilities of $1,501,673. DSWSI's net loss of $922,517 for the year ended December 31, 2012 is included in discontinued operations.

	The gain on sale of DSWSI is summarized below:


		3-Apr-12
	Cash	$ 1,600,000
	Note receivable (1)	1,020,000
	Total consideration	2,620,000
	DSWSI's assets less associated liabilities	1,501,673
	Gain on sale of DSWSI	$ 1,118,327

	(1) Face value of this note receivable was originally $1,400,000. On December 19, 2012, this note was sold to Messrs. Derrick and Burleigh for $1,020,000, and the gain on disposal of DSWSI was reduced by $380,000 to $1,118,327.



	DSWSI's revenues and net loss before income tax and gain on disposal of discontinued operations are summarized below:


		For the Year Ended December 31,
		2013	2012
	Revenues	$ -	$ 3,598,374
	Net loss before income tax	$ -	$ (883,373)
	Gain on disposal of discontinued operations	$ -	$ 1,118,327

Note_8_Oil_and_gas_properties

Note 8 - Oil and gas properties	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 8 - Oil and gas properties	'
	Note 8. Oil and Gas Properties

	The Company follows the full cost method of accounting for its investments in oil and natural gas properties. All costs incurred in the acquisition, exploration and development of oil and natural gas properties, including unproductive wells, are capitalized. During the years ended December 31, 2013 and 2012, $177,055 and $0, respectively, of such costs were capitalized.

	We recorded $1,982 and $0 of depletion expense during the years ended December 31, 2013 and 2012, respectively. Costs of oil and gas properties are amortized using the units of production method.

	In applying the full cost method, the Company performs an impairment test (ceiling test) at each reporting date, whereby the carrying value of oil and gas properties is compared to the “estimated present value” of its proved reserves discounted at a 10-percent interest rate of future net revenues, based on current economic and operating conditions at the end of the period, plus the cost of properties not being amortized, plus the lower of cost or fair market value of unproved properties included in costs being amortized, less the income tax effects related to book and tax basis differences of the properties. If capitalized costs exceed this limit, the excess is charged as an impairment expense. During the years ended December 31, 2013 and 2012, no impairment of oil and gas properties was recorded.

	Below are the components of oil and gas properties balance:


		Year ended	Year ended
		31-Dec-13	31-Dec-12
	Royalty interest in 24 acres in Washington County, TX (a)	$ -	$ -
	Royalty interest in 700 acres in the Permian Basin (b)	8,400	8,400
	10% working interest in the Pierce Junction Field (c)	87,500	-
	Lease of 394 acres in the Gillock Field (d)	83,500	-
	Capitalized asset retirement costs	6,055	-
	Total oil and gas properties	185,455	8,400
	Accumulated depletion	-1,982	-
	Net capitalized costs	$ 183,473	$ 8,400

	a) Royalty interest in 24 acres in Washington County, Texas - We have an oil and gas mineral royalty interest, covering a twenty-four acre tract of land located in Washington County, Texas, which is carried on the balance sheet at $0. The royalty interest is currently leased by Anadarko Petroleum Corporation for a term continuing until the covered minerals are no longer produced in paying quantities from the leased premises. Royalties on the minerals produced are currently incidental and paid to BOG as follows: (i) for oil and other liquid hydrocarbons, and (ii) for gas (including casing-head gas), the royalty is one-sixth of the net proceeds realized by Anadarko Petroleum Corporation on the sale thereof, less a proportionate part of ad valorem taxes and production, severance, or other excise taxes. In addition, BOG is entitled to shut-in royalties of $1 per acre of land for every ninety-day period within which one or more of the wells in leased premises, or lands pooled therewith, are capable of producing paying quantities, but such wells are either shut-in or production is not being sold.

	b) Royalty interest in 700 acres in the Permian Basin - On July 22, 2011, BOG entered into an Asset Purchase and Sale Agreement with Doug Pedrie, Davis Pedrie Associates, LLC and Energex Oil, Inc. (“Sellers”), pursuant to which BOG acquired 700 acres of unproved property located in the Permian Basin near Abilene, Texas. The agreement provided for the Sellers to complete all oil lease assignments by August 15, 2011. The purchase consideration for the acquisition is the issuance to Sellers of 2,000,000 restricted shares of Brenham common stock valued at $8,400, with an additional 2,000,000 restricted shares to be issued contingent upon realization of certain production targets in 2012. On March 8, 2012, this agreement was rescinded and replaced with an agreement that in consideration for the BOG share issuance, BOG has a 2.5% overriding royalty interest in all of the leases associated with this property and any properties acquired or renewed in the future within a ten-mile radius. In addition, the contingency to issue additional shares was removed.

	c) 10% working interest in the Pierce Junction Field - On March 12, 2013, Brenham entered into an agreement with an effective date of January 1, 2013, to purchase a 10% working interest in the Pierce Junction Field for $50,000 cash and a $70,000 non-interest bearing note payable due on August 31, 2013. On May 30, 2013, the holder of this note payable accepted $37,500 as full payment and Brenham recorded $32,500 as a reduction in the value of the oil and gas property due to the decrease in the consideration given to acquire it.

	d) Lease of 394 acres in the Gillock Field - Brenham leased 394 acres in Galveston County for the acquisition of 100% working interest in the Gillock Field from Kemah Development Texas, L.P. (“KDT”) and Daniel Dror II Trust of 2012 for $300 per acre, or $131,100 (recorded as accounts payable – related parties in the consolidated balance sheet as of December 31, 2013) and 200,000 shares of American restricted common stock. Brenham issued 3,326,316 shares of Brenham restricted common stock to American as payment in full for the 200,000 shares issued by American on Brenham’s behalf. In 2002, KDT paid $1,175,000 for the original 437 acres and the mineral rights to 394 acres. However, KDT assigned no value to the mineral rights. Due to the related parties having no basis in the mineral rights, Brenham expensed the costs associated with the transaction which totaled $447,100 and consisted of i) $316,000 of stock-based compensation calculated at the grant date fair value of the 3,326,316 shares of Brenham common stock issued to American (which equaled the grant date fair value of the common stock American issued to KDT and the Daniel Dror II Trust) and ii) the $131,100 related party payable which as amended is due on December 30, 2014 (previously the receivable was due by October 31, 2013). The Company capitalized $83,500 of exploration costs during 2013.

Note_9_Property_and_Equipment

Note 9 - Property and Equipment	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 9 - Property and Equipment	'
	Note 9 - Property and Equipment

	Major classes of property and equipment together with their estimated useful lives, consisted of the following:


		Years	31-Dec-13	31-Dec-12
	Land	-
			$ 507,661	$ 1,663,020
	Building and improvements	20	922,945	922,945
	Machinery and equipment	15-Jul	112,991	112,991
	Office equipment and furniture	7	151,982	150,900
	Total		1,695,579	2,849,856
	Less accumulated depreciation		-923,851	-878,090
	Net property and equipment
			$ 771,728	$ 1,971,766

	During the year ended December 31, 2013, NPI transferred a 17-acre tract of land for $1,155,359 from property and equipment to real estate held for sale. This property has been listed with a broker and American is actively pursuing a sale of this property.

	Depreciation expense for the years ended December 31, 2012 and 2011 was $45,761 and $60,276, respectively.

Note_10_Intangible_Assets

Note 10 - Intangible Assets	12 Months Ended
Note 10 - Intangible Assets	Dec. 31, 2013
Notes	'
Note 10 - Intangible Assets	'
	Note 10 - Intangible Assets

	Intangible assets at December 31, 2013 consisted of the following:


		Gross Carrying Amount	Accumulated Amortization	Intangibles, net	Average Weighted Lives
	Goodwill related to the acquisition of NPI			$ 674,539	N/A

	Patents for new NPI products and tooling	$ 234,506	$ 73,623	$ 160,883	3-10 years

	Intangible assets at December 31, 2012 consisted of the following:


		Gross Carrying Amount	Accumulated Amortization	Intangibles, net	Average Weighted Lives
	Goodwill related to the acquisition of NPI			$ 674,539	N/A

	Patents for new NPI products and tooling	$ 187,909	$ 28,927	$ 158,982	3-10 years

	Amortization expense for the years ended December 31, 2013 and 2012 was $44,696 and $25,810, respectively.

Note_11_Longterm_Debt

Note 11 - Long-term Debt	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 11 - Long-term Debt	'
	Note 11 - Debt

	Debt consisted of the following:


		31-Dec-13	31-Dec-12
	Note payable to a bank, due in monthly installments, including interest at 7.25% with a principal balance due in February 22, 2019, secured by real property. (a) (b)	$ 1,341,243	$ 1,374,399
	Revolving line of credit to a bank, which allows NPI to borrow up to $2,000,000, interest due monthly at the greater of prime (3.25%) plus one or 5%, principal balance due April 30, 2014, secured by assets of NPI. (a)	1,318,034	1,615,963
	Note payable to a bank, due in quarterly payments of interest only, with interest at 5%, with a principal balance due in May 2014, secured by the Company’s real property.	1,150,000	1,300,000
	Note payable, due in monthly payments of $1,000, with interest at 4%, due March 2014 (a)	3,000	15,000
	Note payable, non-interest bearing, which was issued in exchange for shares to be purchased by the Company, secured by 63,540 shares of the Company not delivered as of December 31, 2013, principal balance due on September 30, 2014	200,000	-
		4,012,277	4,305,362
	Less current portion	-3,697,808	-3,002,362
	Total	$ 314,469	$ 1,303,000

	(a) Daniel Dror, Chairman and CEO of American, is a personal guarantor of these notes payable.

	(b) On February 22, 2014, the Company entered into a modification and extension agreement with the bank. In connection with this agreement, the Company paid down $1,000,000 of the note payable owed to the bank. In addition, the term of the note payable was extended from February 22, 2014 to February 22, 2019. The note as amended bears interest at 7.25% and payment of $3,941 are owed monthly for 59 months beginning March 22, 2014, and a balloon payment owed for the remainder of the note payable and interest (approximately $196,000) due February 22, 2019.


	Each of American's subsidiaries that have outstanding notes payable has secured such notes by that subsidiary’s inventory, accounts receivable, property and equipment and is guaranteed by American.

Note_12_Commitments_and_Contin

Note 12 - Commitments and Contingencies	12 Months Ended
Note 12 - Commitments and Contingencies	Dec. 31, 2013
Notes	'
Note 12 - Commitments and Contingencies	'
	Note 12 - Commitments and Contingencies

	American International Industries, Inc. v. William W. Botts. American filed this lawsuit against William W. Botts (“Botts”) seeking damages as a result of a Stock Purchase Agreement and Consulting Agreement that American entered into with Botts on September 12, 2007. Under the Stock Purchase Agreement, American gave Botts $1,000,000 in cash and 28,800 shares of restricted AMIN stock (24,000 original shares plus a 20% stock dividend) for 170,345 shares of OI Corporation. As part of the original agreement, Botts had the right to sell the 28,800 shares back to American for $41.70 per share. Under the Consulting Agreement, American agreed to pay Botts $14,000 per month, plus expenses for performing consulting services. On or about November 5, 2008, American paid Botts $100,000 to terminate the Consulting Agreement to stop the accrual of monthly consulting payments to Botts. Effective February 25, 2011, the parties settled the proceedings against each other, pursuant to which American paid Botts $1,250,000 and executed a $400,000 one year promissory note with 5% annual interest paid in monthly installments to Botts due by February 1, 2012. The 28,800 restricted American shares in Botts name were transferred to the Dror Family Trust in consideration for the cash payment to American of approximately $1,400,000 and the issuance to certain Dror related entities and an entity controlled by Mr. Dror's brother, of 110,000 restricted American shares. The cash proceeds from the restricted share sale were used to fund the settlements to Botts.

	On July 1, 2012, the parties reached another settlement, pursuant to which American paid Botts $115,000, of which $65,719 was for payment of the balance of the note. The remaining $49,281 was recorded as Botts lawsuit settlement expense during the year ended December 31, 2012.

	American International Industries, Inc. v. Rubicon Financial Incorporated. On March 5, 2010, American filed suit against Rubicon Financial Corporation (OTCBB: RBCF.OB), a Nevada corporation with offices in Irvine, CA ("Rubicon"), and Rubicon's control person, chief executive officer and primary financial officer, Joe Mangiapane, Jr., in the District Court, 281st Judicial District, Harris County, TX, for breach of contract, rescission, fraudulent inducement, common law fraud and fraud in the sale of securities. The action related to the acquisition by American on November 27, 2007, of 1,000,000 restricted shares of Rubicon's common stock for a $1,000,000 cash payment and the issuance of 20,000 restricted shares of American's common stock, valued at $49.00 per common share based upon the closing market price on the date of acquisition.

	On August 19, 2011, American was granted a default judgment for fraud and breach of contract against Rubicon in the amount of $2,000,000 plus attorney's fees and accrued interest at 5% per annum by the 281st District Court, following which American, through California counsel, commenced a separate proceeding seeking to enforce the judgment against Rubicon in a court of competent jurisdiction in Orange County, CA.

	Rubicon has filed a separate action with the same District Court in Harris County, TX, seeking to have the judgment vacated and seeking sanctions against American. On May 1, 2012, the default judgment was vacated by the District Court but Rubicon's demand for sanctions was denied. The District Court determined that American would not suffer injury.

	On May 24, 2012, American filed a motion seeking an order in effect rescinding the May 1, 2012 order that had vacated the default judgment against Rubicon. On July 12, 2012, the Court granted American's motion and ordered a new trial on the issue of whether Rubicon was negligent in failing to appear before the Court in the proceeding that resulted in the grant of the $2,000,000 default judgment on August 19, 2011.

	As a result of the July 12, 2012 order, American has been informed by its Texas counsel that the default judgment against Rubicon remains in full force and effect. American has also been informed by its California counsel that it plans to file a motion seeking a stay in the California proceeding pending the final determination of the District Court in Harris County, TX. American believes that it will prevail on the merits in this proceeding against Rubicon in the District Court, Harris County, and that it will be able to successfully enforce a final judgment of approximately $2,000,000 plus interest in California.

	On May 7, 2013 a settlement agreement was reached, whereby American will receive $7,500 from Rubicon and Joe Mangiapane, Jr. for the release of all claims arising out of or in connection with this suit.

	Consumer Advocacy Group, Inc. v. Northeastern Plastics, Inc. and American International Industries, Inc. In October 2012, NPI and American entered into a settlement agreement with Consumer Advocacy Group, Inc., whereby NPI agreed to cease distribution and/or sales of the Bitty Booster Cable 10 Gauge 10 ft. product in California and to pay $54,000 in attorney’s fees and $1,000 in lieu of a civil penalty. The amount of $55,000 was recorded as the NPI settlement during the year ended December 31, 2012.

	Shumate Machine Works, Inc. v. American International Industries, Inc. In September 2012, American entered into a settlement agreement with Shumate Machine Works, Inc. relating to a tax liability issue associated with American’s purchase of Shumate Machine Works, Inc. in 2008, whereby American agreed to pay $40,000 to HII Technologies, Inc. Under the agreement, American paid $20,000 in cash and entered into a promissory note agreement for the remaining $20,000, with interest of 4% per year, payable in installments of $1,000 monthly through March 2014. Additionally, American transferred its 296,000 shares of HII Technologies, Inc. common stock for attorney’s fees, which were recorded at $0 on American’s balance sheet. Previously, American had fully recognized trading losses associated with these shares. The $40,000 settlement amount was recorded as the Shumate settlement during the year ended December 31, 2012.

	American International Industries, Inc. v. Juan Carlos Martinez. In 2002, American acquired 100% of Marald, Inc. from Juan Carlos Martinez. Mr. Martinez continued as an employee and President of Marald. A few months after the acquisition date, Mr. Martinez notified American that he would resign and demanded that Marald be sold back to him. American sold Marald to Mr. Martinez for $225,000 and two 10 year promissory notes for $300,000. In October 2007, no payments had been made, causing the notes to go into default. In May 2010, American agreed to cancel the notes in exchange for a new $300,000 personal note with Mr. Martinez. During 2013, the note entered into default status due to non-payment. Under the terms of the note, American accelerated the maturity with the entire unpaid principal balance plus all interest at a default rate of 18% is immediately due and payable.

Note_13_Capital_Stock_and_Stoc

Note 13 - Capital Stock and Stock Options	12 Months Ended
	Dec. 31, 2013
Notes	'
Note 13 - Capital Stock and Stock Options	'
	Note 13 - Capital Stock and Stock Options

	American is authorized to issue up to 1,000,000 shares of Preferred Stock, $0.001 par value per share, of which 1,000 shares are presently outstanding. The Preferred Stock may be issued in one or more series, the terms of which may be determined at the time of issuance by the Board of Directors, without further action by stockholders, and may include voting rights (including the right to vote as a series on particular matters), preferences as to dividends and liquidation, conversion, redemption rights and sinking fund provisions.

	On June 9, 2011, the Board of Directors of American approved the issuance to Daniel Dror, CEO, of 1,000 shares of the Company’s Series A Preferred Stock. Mr. Dror has personally guaranteed the following loans of American, and without such guarantees, American would not have been able to receive such funding: (1) a $1,450,000 loan to Northeastern Plastics (“NPI”) at Icon Bank; (2) a $3,000,000 loan to Delta Seaboard at Trustmark National Bank; (3) a $1,850,000 loan to the Company, Rob Derrick and Ron Burleigh at Texas Community Bank (which has since been repaid); and (4) a $3,250,000 loan to NPI at Trustmark National Bank (collectively the “loans”); which the Company has received and continues to receive significant value. Based on 1% of the outstanding balances of these loans at June 9, 2011, American valued these preferred shares and recorded a guarantor fee of $49,463 to prepaid expenses. This amount is being amortized to expense over the remaining terms of these loans. During the years ended December 31, 2013 and 2012, American recorded amortization of $5,912 and $19,983, respectively.

	The Series A Preferred Stock, as amended, has the right to vote in aggregate, on all shareholder matters votes equal to 30% of the total shareholder vote on any and all shareholder matters. The Series A Preferred Stock will be entitled to this 30% voting right no matter how many shares of common stock or other voting stock of American are issued or outstanding in the future. For example, if there are 10,000 shares of American’s common stock issued and outstanding at the time of a shareholder vote, the holder of the Series A Preferred Stock (Mr. Dror), voting separately as a class, will have the right to vote an aggregate of 4,286 shares, out of a total number of 14,286 shares voting. Additionally, American shall not adopt any amendments to American’s Bylaws, Articles of Incorporation, as amended, make any changes to the Certificate of Designations establishing the Series A Preferred Stock, or effect any reclassification of the Series A Preferred Stock, without the affirmative vote of at least 66-2/3% of the outstanding shares of Series A Preferred Stock.

	American is authorized to issue up to 50,000,000 shares of Common Stock, $0.001 par value per share, of which 103,680 are reserved for issuance pursuant to the exercise of options pursuant to an employment agreement with American's Chairman and CEO.

	On July 13, 2012, the Company and Daniel Dror II entered into an agreement whereby the Company agreed to purchase from Daniel Dror II a 50% interest in 96 acres in Galveston, Texas for $1,810,000, of which $181,000 was paid immediately (recorded as note receivable – related party as of December 31, 2012) and the remaining $1,629,000 was due at closing. On January 22, 2013, the Company agreed to an amended contract which changed the terms of the purchase of the land. Also, on January 22, 2013, the Board of Directors of American approved the purchase of a 50% interest in 96 acres in Galveston County from Kemah Development Texas, L.P. (“KDT”) for 300,000 shares of American restricted common stock, valued at $360,000, and the $181,000 note receivable from Daniel Dror II. The note receivable was assigned to KDT. Daniel Dror II is the adult son of Daniel Dror, American’s Chairman, Chief Executive Officer, and President. KDT is owned by an entity which is controlled by the brother of Daniel Dror. This property is recorded on the balance sheet as “Real estate held for sale” for $541,000.

	On February 28, 2013, Brenham leased 394 acres in Galveston County for the acquisition of mineral rights for the Gillock Field from KDT and Daniel Dror II Trust of 2012 for $300 per acre, or $131,100 and 200,000 shares of American restricted common stock. Brenham issued 3,326,316 shares of Brenham restricted common stock to American as payment in full for the 200,000 shares issued by American on Brenham’s behalf.

	On February 28, 2013, Brenham announced that Bryant Mook has been appointed President and Chief Operating Officer.
	Pursuant to a stock purchase agreement, during 2013, Brenham issued Mr. Mook 11,050,127 shares of common stock in
	exchange for cash proceeds of $200,000.

	On October 1, 2013, American entered into a stock purchase agreement with Scott Wolinsky, a former director of American, whereby American purchased Mr. Wolinsky’s 89,540 shares of American’s common stock for cash of $130,000 and a non-interest bearing note payable of $200,000, due on September 30, 2014. A related treasury stock obligation in the amount of $200,000 was recorded. In the event that American is unwilling or not able to make the $200,000 payment when the note becomes due, at American’s option, it may instruct Wolinsky to sell the shares in the open market and apply the proceeds from such sales to any balance owed. In the event that Wolinsky sells the shares for more than $200,000, Wolinsky shall return any portion of the unsold shares back to American and any proceeds over $200,000. As of December 31, 2013, 26,000 shares have been returned to the Company.

	A summary of the status of American's stock options to employees for the year ended December 31, 2013 is presented below:


		Shares	Weighted Average Exercise Price	Intrinsic Value
	Outstanding and exercisable as of December 31, 2011	10,000	$ 6.00 6.00
	Outstanding and exercisable as of December 31, 2012		$ 6.00
		10,000
	Granted	-	N/A
	Exercised	-	N/A
	Canceled / Expired	-	N/A
	Outstanding and exercisable as of December 31, 2013		$ 6.00	$ -
		10,000


	During the year ended December 31, 2013, American and its subsidiaries issued the following shares for services:


	American issued 21,000 shares of common stock valued at $26,880 to employees for bonuses.

	American issued 200,000 shares of common stock valued at $316,000 for the acquisition of mineral rights for the Gillock Field from KDT and Daniel Dror II Trust of 2012.
	American received $72,000 of cash proceeds from sales of common stock that occurred during 2011.
	American repurchased 45,823 shares of its common stock for $159,110 from third parties.
	During the year ended December 31, 2012, American and its subsidiaries issued the following shares for services:


	American issued 18,000 shares of common stock valued at $37,600 to third parties for services. American accrued the February 2013 issuance of 21,000 bonus shares valued at $26,880.

	Brenham issued 100,000 shares of its common stock with a value of $5,000 to a third party.

	Brenham issued 3,000,000 stock options with a value of $104,974 to one of its officers.
	During the year ended December 31, 2012, AMIH declared preferred dividends of $20,000, which were accrued and unpaid. On June 29, 2011, AMIH entered into an agreement, with an effective date of July 1, 2011, with Vision Opportunity Master Fund, Ltd. (“VOMF”), pursuant to which VOMF agreed to convert 3,769,626 shares of the Company’s preferred stock, constituting all of AMIH’s outstanding preferred stock, into 37,696 shares (3,769,626 shares pre-split) of common stock and also agreed to waive all accrued dividends payable on the preferred stock. In consideration for the conversion, AMIH agreed to pay VOMF total consideration of $250,000, $50,000 of which was paid on July 1, 2011, and the $200,000 remainder is due and payable at the rate of $20,000 per month. On February 23, 2012, AMIH completed the agreement with VOMF. VOMF accepted a payment of $65,000 in full satisfaction of this note, and the difference of $15,000 was recognized as other income from forgiveness of debt. On February 29, 2012, 3,769,626 shares of AMIH's preferred stock were converted into 37,696 shares (3,769,626 shares pre-split) of AMIH's common stock and accrued dividends of $1,055,000 were forgiven. On March 11, 2013, American and VOMF entered into a securities purchase agreement whereby American paid $12,000 in exchange for the 41,768 common shares of AMIH owned by VOMF.

Note_14_Income_Taxes

Note 14 - Income Taxes	12 Months Ended
Note 14 - Income Taxes	Dec. 31, 2013
Notes	'
Note 14 - Income Taxes	'
	Note 14 - Income Taxes

	The components of the income tax provision for the years ended December 31, 2013 and 2012 are as follows:


		Year Ended December 31,
		2013	2012
	Current:
	Federal	$ -	-
	State	27,943	31,429
	Total current	27,943	31,429

	Deferred:
	Federal	-	-
	State	-	-
	Total deferred	-	-

	Income taxes associated with discontinued operations	-	-39,144

	Total income tax provision	$ 27,943	$ (7,715)

	The following table sets forth a reconciliation of the statutory federal income tax for the years ended December 31, 2013 and 2012:


		Year Ended December 31,
		2013		2012
	Income tax expense at statutory rate	$ (711,624)		$ (903,145)
	Share-based compensation	7,601		61,490
	Meals and entertainment	10,962		10,588
	Other	3,247		3,770
	Change in valuation allowance	689,814		827,297
	Texas margin tax	27,943		31,429
	Income taxes associated with discontinued operations	-		-39,144
		$ 27,943		$ (7,715)


	The tax effects of the temporary differences between financial statement income and taxable income are recognized as a deferred tax asset and liabilities. Significant components of the deferred tax asset and liability as of December 31, 2013 and December 31, 2012 are set out below:

		December 31,
		2013	2012
	Deferred Tax Assets:
	Net operating loss carryforward	$ 9,629,569	$ 8,911,277
	Total deferred tax assets	9,629,569	8,911,277

	Deferred Tax Liabilities:
	Tax depreciation in excess of books	329,462	-77,905
	Unrealized gains	16,461	-2,117
	Total deferred tax liabilities	345,923	-80,022

	Valuation allowance	-9,975,492	-8,831,255
	Net deferred tax asset	$ -	$ -


	American has loss carry-forwards totaling $29,724,719 available at December 31, 2013 that may be offset against future taxable income. If not used, the carry-forwards will expire as follows:


	Operating Losses
	Amount				Expires
	$ 1,552,323				2018
	1,462,959				2019
	2,086,064				2020
	860,006				2022
	566,409				2023
1,028,302				2024
1,551,019				2025
73,187				2026
288,855				2027
3,413,803				2028
3,983,570				2029
2,870,592				2030
4,514,678				2031
3,307,401				2032
2,165,551				2033
$ 29,724,719

Note_16_Segment_Information

Note 16 - Segment Information	12 Months Ended
Note 16 - Segment Information	Dec. 31, 2013
Notes	'
Note 16 - Segment Information	'
	Note 16 - Segment Information

	American International Industries, Inc. is a holding company and has the following reporting segments:

	Northeastern Plastics ("NPI") - a wholly-owned subsidiary, is a supplier of automotive after-market products and consumer durable goods products to retailers and wholesalers in the automotive after-market and in the consumer durable electrical products markets;

	American International Holdings Corp. (“AMIH”), formerly Delta Seaboard International ("Delta") - a 93.2% owned subsidiary, was an onshore rig-based well-servicing contracting company providing services to the oil and gas industry; As of December 31, 2013, Delta Seaboard Well Service, Inc. ("DSWSI"), a Texas corporation and formerly a subsidiary of Delta, was a wholly-owned subsidiary of AMIH. On April 3, 2012, AMIH entered into an Asset Purchase Agreement to sell the operating assets and liabilities of DSWSI.

	American International Texas Properties, Inc. ("AITP") - a wholly-owned real estate subsidiary, with real estate holdings in Harris, Galveston, and Waller Counties in Texas.

	Brenham Oil & Gas ("BOG") - a 51.0% owned subsidiary that currently owns oil and gas properties. Through Brenham Oil & Gas, American is engaged in negotiations with financial institutions for the purpose of financing potential acquisitions of existing oil and gas properties and reserves. The Company is seeking to acquire a portfolio of oil and gas assets in North America and West Africa and large oil concessions in West Africa.

	Corporate overhead - American's investment holdings including financing current operations and expansion of its current holdings as well as evaluating the feasibility of entering into additional businesses.

	The accounting policies of the segments are the same as those described in the summary of significant accounting policies. American evaluates performances based on profit or loss from operations before income taxes, not including nonrecurring gains and losses and foreign exchange gains and losses. American's reportable segments are strategic business units that offer different technology and marketing strategies. Most of the businesses were acquired as subsidiaries and the management at the time of the acquisition was retained. American's areas of operations are principally in the United States. No single foreign country or geographic area is currently significant to the consolidated financial statements.

	Consolidated revenues from external customers, operating loss, depreciation and amortization expense, interest expense, capital expenditures, non-cash transactions, and identifiable assets were as follows:


		For the Year Ended December 31,
			2013			2012
	Revenues:
	Northeastern Plastics	$	7,107,732	$		7,934,492
	Brenham Oil & Gas		36,483			781
	AITP		13,872			47,620
	Total revenues	$	7,158,087	$		7,982,893

	Operating income (loss) from continuing operations:
	Northeastern Plastics	$	-326,493	$		-358,941
	AMIH		-170,439			-161,864
	AITP		-197,980			-631,993
	BOG		-621,847			-285,678
	Corporate		-705,119			-1,108,747
	Operating loss from continuing operations	$	-2,021,878	$		(2,547,223)
	Other expenses from continuing operations		-17,252			-304,897
	Net loss from continuing operations before income tax	$	2,039,130)	$		(2,852,120)

	Depreciation, depletion and amortization:
	Northeastern Plastics	$	43,988	$		81,182
	BOG		2,629			-
	Corporate		1,773			4,904
	Total depreciation and amortization	$	48,390	$		86,086






				For the Year Ended December 31,
			2013			2012
	Interest expense:
	Northeastern Plastics	$	183,631		$	171,328
	Corporate		63,176			74,902
	Total interest expense	$	246,807		$	246,230

	Capital expenditures:
	Northeastern Plastics	$	1,082		$	3,510
	BOG		171,000			-
	Total capital expenditures	$	172,082		$	3,510




	31-Dec-13	31-Dec-12
Identifiable assets:
Northeastern Plastics	$ 5,639,717	$ 7,495,101
AITP	7,309,106	6,570,166
AMIH	-	2,513,212
BOG	193,432	15,079
Corporate	1,580,143	-
Total identifiable assets	$ 14,722,398	$ 16,578,479

Note_17_Subsequent_Events

Note 17 - Subsequent Events	12 Months Ended
Note 17 - Subsequent Events	Dec. 31, 2013
Notes	'
Note 17 - Subsequent Events	'
	Note 17 - Subsequent Events

	On January 8, 2014, BOG entered into an agreement in which it will acquire a 332-acre oil and gas lease, the “Inez Prospect,” located in Victoria County, Texas, and the #1 Roberts Unit well-bore, and all the down-hole equipment and surface equipment associated therewith. BOG acquired 100% of the working interest for a total purchase price of $250,000, consisting of a $20,000 down payment, and a payment of the remaining $230,000 prior to the beginning of any exploration.

	In January 2014, AITP entered into an earnest money contract for $1,500,000, plus 20% carried interest, for its 31 acres in Houston, Texas. The Company estimates that this sale will close July 1, 2014

	On March 6, 2014, the Company’s wholly owned subsidiary, Northeastern Plastics, Inc. sold its office warehouse property, a 32,000 sq. ft. office warehouse facility on I-59 in Houston, Texas. The property was sold for $1,325,000 in cash, and Northeastern reduced its long-term debt with a $1,000,000 payment of principal and entered into a modification and extension agreement whereby the maturity date was extended from February 22, 2014 to February 22, 2019. The note as amended bears interest at 7.25% and payment of $3,941 are owed monthly for 59 months beginning March 22, 2014, and a balloon payment owed for the remainder of the note payable and interest (approximately $196,000) due February 22, 2019.

	In March 2014, AITP entered into an earnest money contract for $3,350,000 for its 174 acres in Waller County, Texas.

Note_1_Summary_of_Significant_1

Note 1 - Summary of Significant Accounting Policies: Organization, Ownership and Business (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Organization, Ownership and Business	'
	Organization, Ownership and Business

	American International Industries, Inc. ("American"), a Nevada corporation, operates as a diversified holding company with a number of wholly-owned subsidiaries and some partially owned subsidiaries. American is a diversified corporation with interests in industrial/commercial companies and an oil and gas service business. American's business strategy is to acquire controlling equity interests in businesses that it considers undervalued. American's management takes an active role in providing its subsidiaries with access to capital, leveraging synergies and providing management expertise in order to improve its subsidiaries' growth.

Note_1_Summary_of_Significant_2

Note 1 - Summary of Significant Accounting Policies: Principles of Consolidation (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Principles of Consolidation	'
	Principles of Consolidation

	The consolidated financial statements include the accounts of American and its wholly-owned subsidiaries Northeastern Plastics, Inc. ("NPI") and American International Texas Properties, Inc. ("AITP"), American International Holdings Corp. (“AMIH”), formerly Delta Seaboard International, Inc. ("Delta"), in which American holds a 93.2% shareholder interest, and Brenham Oil & Gas Corp. (“BOG”), in which American holds a 51.0% interest. All significant intercompany transactions and balances have been eliminated in consolidation.

	On October 17, 2012, American effected a reverse stock split whereby all outstanding shares of its common stock were subject to a reverse split on a one for ten (1:10) basis. All share and per share amounts for American contained in these financial statements have been retroactively adjusted to reflect the reverse stock split.

	On August 13, 2012, AMIH effected a reverse stock split whereby all outstanding shares of its common stock were subject to a reverse split on a one for one hundred (1:100) basis. All share and per share amounts for AMIH contained in these financial statements have been retroactively adjusted to reflect the reverse stock split.

	On April 3, 2012, AMIH entered into an Asset Purchase Agreement with Delta Seaboard, LLC (the "Purchaser"), a Texas limited liability company that is owned and controlled by Robert W. Derrick, Jr. and Ronald D. Burleigh, who were Delta's president and director and vice-president and director, respectively, Delta Seaboard Well Service, Inc. ("DSWSI"), a Texas corporation and a wholly-owned subsidiary of AMIH, and American.

	The agreement provided, among other things, that: (i) AMIH sell, transfer and assign the assets and liabilities of DSWSI to the Purchaser; (ii) Messrs. Derrick and Burleigh resign as executive officers and as members of AMIH’s board of directors; and (iii) Messrs. Derrick and Burleigh transfer and assign all of their 319,258 AMIH shares valued at $624,704 to American. In consideration for the sale, transfer and assignment of the DSWSI net assets to Purchaser, Purchaser paid $1,600,000 in cash at the closing and executed a 5 year note bearing interest at 5% per annum in the face amount of $1,400,000. On December 19, 2012, this note was sold to Messrs. Derrick and Burleigh for $1,020,000, of which $220,000 was paid prior to December 31, 2012. Total consideration for the sale was $2,620,000. On February 27, 2013, AMIH received $800,000 in payment of the balance due on the note receivable from Messrs. Derrick and Burleigh.

	Discontinued operations for the year ended December 31, 2012 includes a gain on disposal of DSWSI of $1,498,327 for the initial consideration of $3,000,000 less DSWSI's operating assets and associated liabilities of $1,501,673. DSWSI's net loss of $922,517 for the year ended December 31, 2012 is included in discontinued operations. On December 19, 2012, the $1,400,000 note receivable from the sale of DSWSI’s assets was sold to Messrs. Derrick and Burleigh for $1,020,000, and the gain on disposal of DSWSI was reduced by $380,000 to $1,118,327.

Note_1_Summary_of_Significant_3

Note 1 - Summary of Significant Accounting Policies: Reclassifications (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Reclassifications	'
	Reclassifications

	Certain reclassifications have been made to amounts in prior periods to conform to the current period presentation. All reclassifications have been applied consistently to the periods presented.

Note_1_Summary_of_Significant_4

Note 1 - Summary of Significant Accounting Policies: Net Income (loss) Per Share (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Net Income (loss) Per Share	'
	Net Income (Loss) Per Common Share

	The basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of shares outstanding during a period. Diluted net income (loss) per common share is computed by dividing the net income (loss), adjusted on an as if converted basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For the years ended December 31, 2013 and 2012, potential dilutive securities that had an anti-dilutive effect were not included in the calculation of diluted net income (loss) per common share. These securities include 10,000 options to purchase shares of common stock that were not "in the money".

Note_1_Summary_of_Significant_5

Note 1 - Summary of Significant Accounting Policies: Management's Estimates and Assumptions (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Management's Estimates and Assumptions	'
	Management's Estimates and Assumptions

	The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses. Actual results could differ from these estimates.

Note_1_Summary_of_Significant_6

Note 1 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments

	Effective January 1, 2008, American adopted the framework for measuring fair value that establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below

Note_1_Summary_of_Significant_7

Note 1 - Summary of Significant Accounting Policies: Basis of Fair Value Measurement (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Basis of Fair Value Measurement	'
	Basis of Fair Value Measurement

	Level 1 Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

	Level 2 Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the asset or the liability; or inputs that are derived principally from or corroborated by observable market data by correlation or other means.

	Level 3 Unobservable inputs reflecting American's own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.

	American believes that the fair value of its financial instruments comprising cash, accounts receivable, notes receivable, accounts payable, and notes payable approximate their carrying amounts. The interest rates payable by American on its notes payable approximate market rates. The fair values of American's Level 1 financial assets, trading securities and marketable securities - available for sale that primarily include shares of common stock in various companies, are based on quoted market prices of the identical underlying security. As of December 31, 2013 and 2012, American did not have any significant Level 2 or 3 financial assets or liabilities.

	The following tables provide fair value measurement information for American's trading securities and marketable securities - available for sale:

		As of December 31, 2013
				Fair Value Measurements Using:
		Carrying	Total	Quoted Prices	Significant Other	Significant
		Amount	Fair Value	in Active Markets	Observable Inputs	Unobservable Inputs
				(Level 1)	(Level 2)	(Level 3)
	Financial Assets:
	Trading Securities	$ -	$ -	$ -	$ -	$ -
	Marketable Securities - available for sale	$ 8,000	$ 8,000	$ 8,000	$ -	$ -


		As of December 31, 2012
				Fair Value Measurements Using:
		Carrying	Total	Quoted Prices	Significant Other	Significant
		Amount	Fair Value	in Active Markets	Observable Inputs	Unobservable Inputs
				(Level 1)	(Level 2)	(Level 3)
	Financial Assets:
	Trading Securities	$ -	$ -	$ -	$ -	$ -
	Marketable Securities - available for sale	$ 65,000	$ 65,000	$ 65,000	$ -	$ -

Note_1_Summary_of_Significant_8

Note 1 - Summary of Significant Accounting Policies: Subsequent Events (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
Subsequent Events	'
	Subsequent Events

	American has evaluated all transactions from December 31, 2013 through the financial statement issuance date for subsequent event disclosure consideration

Note_1_Summary_of_Significant_9

Note 1 - Summary of Significant Accounting Policies: New Accounting Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2013
Policies	'
New Accounting Pronouncements	'
	New Accounting Pronouncements

	There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our consolidated financial position, operations or cash flows.

Note_4_Notes_Receivable_Notes_

Note 4 - Notes Receivable: Notes Receivable (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Notes Receivable	'


		31-Dec-13	31-Dec-12
	Unsecured note receivable, interest at 5%, principal due on July 10, 2014	$ 32,000	$ -

Note_5_Inventories_Inventories

Note 5 - Inventories: Inventories (Tables)	12 Months Ended
Note 5 - Inventories: Inventories (Tables)	Dec. 31, 2013
Tables/Schedules	'
Inventories	'

		31-Dec-13	31-Dec-12
	Finished goods	$ 1,573,867	$ 1,865,141
	Less reserve for obsolescence	-78,837	-32,837
	Inventories, net	$ 1,495,030	$ 1,832,304

Note_6_Real_Estate_Held_For_Sa1

Note 6 - Real Estate Held For Sale: Real estate held for sale (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Real estate held for sale	'

		31-Dec-13	31-Dec-12
	65 acres in Galveston County, Texas	$ 520,382	$ 520,382
	1.705 acres in Galveston County, Texas	460,000	460,000
	Two residential lots in Galveston County, Texas	95,861	95,861
	Dawn Condominium units on the waterfront in Galveston, Texas; 7 and 9 units as of December, 2013 and December 31, 2012, respectively (a)	888,328	1,151,836
	50% interest in 96 acres - vacant commercial use land in Galveston County, Texas (b)	541,000	-
	5 acres - vacant commercial use land in Houston, Texas	1,303,905	1,303,905
	31 acres - vacant mixed use land in Houston, Texas (c)	1,772,564	1,815,564
	17 acres - vacant mixed use land in Houston, Texas (d)	1,155,359	-
	174 acres in Waller County, Texas	1,684,066	1,684,066
		$ 8,421,465	$ 7,031,614

Note_7_Assets_Held_For_Sale_Ca

Note 7 - Assets Held For Sale: Calculation of the gain on disposal of DSWSI (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Calculation of the gain on disposal of DSWSI	'

		3-Apr-12
	Cash	$ 1,600,000
	Note receivable (1)	1,020,000
	Total consideration	2,620,000
	DSWSI's assets less associated liabilities	1,501,673
	Gain on sale of DSWSI	$ 1,118,327

Note_7_Assets_Held_For_Sale_Re

Note 7 - Assets Held For Sale: Revenues and net income (loss) before income tax of DSWSI and DCP (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Revenues and net income (loss) before income tax of DSWSI and DCP	'

		For the Year Ended December 31,
		2013	2012
	Revenues	$ -	$ 3,598,374
	Net loss before income tax	$ -	$ (883,373)
	Gain on disposal of discontinued operations	$ -	$ 1,118,327

Note_8_Oil_and_gas_properties_

Note 8 - Oil and gas properties (Tables)	12 Months Ended
Note 8 - Oil and gas properties (Tables)	Dec. 31, 2013
Tables/Schedules	'
Oil and gas properties	'

		Year ended	Year ended
		31-Dec-13	31-Dec-12
	Royalty interest in 24 acres in Washington County, TX (a)	$ -	$ -
	Royalty interest in 700 acres in the Permian Basin (b)	8,400	8,400
	10% working interest in the Pierce Junction Field (c)	87,500	-
	Lease of 394 acres in the Gillock Field (d)	83,500	-
	Capitalized asset retirement costs	6,055	-
	Total oil and gas properties	185,455	8,400
	Accumulated depletion	-1,982	-
	Net capitalized costs	$ 183,473	$ 8,400

Note_9_Property_and_Equipment_

Note 9 - Property and Equipment: Property and equipment (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Property and equipment	'

		Years	31-Dec-13	31-Dec-12
	Land	-
	Land	-	$ 507,661	$ 1,663,020
	Building and improvements	20	922,945	922,945
	Machinery and equipment	15-Jul	112,991	112,991
	Office equipment and furniture	7	151,982	150,900
	Total		1,695,579	2,849,856
	Less accumulated depreciation		-923,851	-878,090
	Net property and equipment
	Net property and equipment		$ 771,728	$ 1,971,766

Note_10_Intangible_Assets_Inta

Note 10 - Intangible Assets: Intangible Assets (Tables)	12 Months Ended
Note 10 - Intangible Assets: Intangible Assets (Tables)	Dec. 31, 2013
Tables/Schedules	'
Intangible Assets	'

		Gross Carrying Amount	Accumulated Amortization	Intangibles, net	Average Weighted Lives
	Goodwill related to the acquisition of NPI			$ 674,539	N/A

	Patents for new NPI products and tooling	$ 234,506	$ 73,623	$ 160,883	3-10 years

Note_11_Shortterm_Notes_Payabl

Note 11 - Short-term Notes Payable: Short-term notes payable (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Short-term notes payable	'

		31-Dec-13	31-Dec-12
	Note payable to a bank, due in monthly installments, including interest at 7.25% with a principal balance due in February 22, 2019, secured by real property. (a) (b)	$ 1,341,243	$ 1,374,399
	Revolving line of credit to a bank, which allows NPI to borrow up to $2,000,000, interest due monthly at the greater of prime (3.25%) plus one or 5%, principal balance due April 30, 2014, secured by assets of NPI. (a)	1,318,034	1,615,963
	Note payable to a bank, due in quarterly payments of interest only, with interest at 5%, with a principal balance due in May 2014, secured by the Company’s real property.	1,150,000	1,300,000
	Note payable, due in monthly payments of $1,000, with interest at 4%, due March 2014 (a)	3,000	15,000
	Note payable, non-interest bearing, which was issued in exchange for shares to be purchased by the Company, secured by 63,540 shares of the Company not delivered as of December 31, 2013, principal balance due on September 30, 2014	200,000	-
		4,012,277	4,305,362
	Less current portion	-3,697,808	-3,002,362
	Total	$ 314,469	$ 1,303,000

Note_11_Longterm_Debt_Longterm

Note 11 - Long-term Debt: Long-term debt, principal repayments (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Long-term debt, principal repayments	'

		31-Dec-13	31-Dec-12
	Note payable to a bank, due in monthly installments, including interest at 7.25% with a principal balance due in February 22, 2019, secured by real property. (a) (b)	$ 1,341,243	$ 1,374,399
	Revolving line of credit to a bank, which allows NPI to borrow up to $2,000,000, interest due monthly at the greater of prime (3.25%) plus one or 5%, principal balance due April 30, 2014, secured by assets of NPI. (a)	1,318,034	1,615,963
	Note payable to a bank, due in quarterly payments of interest only, with interest at 5%, with a principal balance due in May 2014, secured by the Company’s real property.	1,150,000	1,300,000
	Note payable, due in monthly payments of $1,000, with interest at 4%, due March 2014 (a)	3,000	15,000
	Note payable, non-interest bearing, which was issued in exchange for shares to be purchased by the Company, secured by 63,540 shares of the Company not delivered as of December 31, 2013, principal balance due on September 30, 2014	200,000	-
		4,012,277	4,305,362
	Less current portion	-3,697,808	-3,002,362
	Total	$ 314,469	$ 1,303,000

Note_13_Capital_Stock_and_Stoc1

Note 13 - Capital Stock and Stock Options: Stock options activity (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Stock options activity	'

		Shares	Weighted Average Exercise Price	Intrinsic Value
	Outstanding and exercisable as of December 31, 2011	10,000	$ 6.00 6.00
	Outstanding and exercisable as of December 31, 2012		$ 6.00
		10,000
	Granted	-	N/A
	Exercised	-	N/A
	Canceled / Expired	-	N/A
	Outstanding and exercisable as of December 31, 2013		$ 6.00	$ -
		10,000

Note_14_Income_Taxes_Schedule_

Note 14 - Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Schedule of Components of Income Tax Expense (Benefit)	'

		Year Ended December 31,
		2013	2012
	Current:
	Federal	$ -	-
	State	27,943	31,429
	Total current	27,943	31,429

	Deferred:
	Federal	-	-
	State	-	-
	Total deferred	-	-

	Income taxes associated with discontinued operations	-	-39,144

	Total income tax provision	$ 27,943	$ (7,715)

Note_14_Income_Taxes_Schedule_1

Note 14 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Schedule of Effective Income Tax Rate Reconciliation	'

		Year Ended December 31,
		2013	2012
	Income tax expense at statutory rate	$ (711,624)	$ (903,145)
	Share-based compensation	7,601	61,490
	Meals and entertainment	10,962	10,588
	Other	3,247	3,770
	Change in valuation allowance	689,814	827,297
	Texas margin tax	27,943	31,429
	Income taxes associated with discontinued operations	-	-39,144
		$ 27,943	$ (7,715)

Note_14_Income_Taxes_Schedule_2

Note 14 - Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Schedule of Deferred Tax Assets and Liabilities	'
		December 31,
		2013	2012
	Deferred Tax Assets:
	Net operating loss carryforward	$ 9,629,569	$ 8,911,277
	Total deferred tax assets	9,629,569	8,911,277

	Deferred Tax Liabilities:
	Tax depreciation in excess of books	329,462	-77,905
	Unrealized gains	16,461	-2,117
	Total deferred tax liabilities	345,923	-80,022

	Valuation allowance	-9,975,492	-8,831,255
	Net deferred tax asset	$ -	$ -

Note_14_Income_Taxes_Summary_o

Note 14 - Income Taxes: Summary of Operating Loss Carryforwards (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Summary of Operating Loss Carryforwards	'

	Operating Losses
	Amount	Expires
	$ 1,552,323	2018
	1,462,959	2019
	2,086,064	2020
	860,006	2022
	566,409	2023
	1,028,302	2024
	1,551,019	2025
	73,187	2026
	288,855	2027
	3,413,803	2028
	3,983,570	2029
	2,870,592	2030
	4,514,678	2031
	3,307,401	2032
	2,165,551	2033
	$ 29,724,719

Note_16_Segment_Information_Se

Note 16 - Segment Information: Segment reporting information (Tables)	12 Months Ended
	Dec. 31, 2013
Tables/Schedules	'
Segment reporting information	'

		For the Year Ended December 31,
			2013		2012
	Revenues:
	Northeastern Plastics	$	7,107,732	$	7,934,492
	Brenham Oil & Gas		36,483		781
	AITP		13,872		47,620
	Total revenues	$	7,158,087	$	7,982,893

	Operating income (loss) from continuing operations:
	Northeastern Plastics	$	-326,493	$	-358,941
	AMIH		-170,439		-161,864
	AITP		-197,980		-631,993
	BOG		-621,847		-285,678
	Corporate		-705,119		-1,108,747
	Operating loss from continuing operations	$	-2,021,878	$	(2,547,223)
	Other expenses from continuing operations		-17,252		-304,897
	Net loss from continuing operations before income tax	$	2,039,130)	$	(2,852,120)

	Depreciation, depletion and amortization:
	Northeastern Plastics	$	43,988	$	81,182
	BOG		2,629		-
	Corporate		1,773		4,904
	Total depreciation and amortization	$	48,390	$	86,086