Goldfield 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	12-May-14
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Registrant Name	'GOLDFIELD CORP	'
Entity Central Index Key	'0000042316	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	25,451,354
Entity Well-known Seasoned Issuer	'No	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets	'	'
Cash and cash equivalents	$7,955,879	$20,214,569
Accounts receivable and accrued billings	11,746,922	14,194,959
Costs and estimated earnings in excess of billings on uncompleted contracts	7,179,726	4,991,754
Income taxes receivable	508,033	452,099
Remediation insurance receivable	160,540	0
Current portion of notes receivable	59,886	56,829
Construction inventory	26,846	0
Real estate inventory	2,051,289	395,062
Residential properties under construction	0	1,616,916
Prepaid expenses	981,255	471,221
Deferred income taxes	480,804	621,632
Other current assets	104,662	18,147
Total current assets	31,255,842	43,033,188
Property, buildings and equipment, at cost, net of accumulated depreciation of $26,904,075 in 2014 and $25,559,606 in 2013	36,638,494	31,853,982
Deferred charges and other assets	'	'
Land and land development costs	1,550,509	1,545,310
Cash surrender value of life insurance	542,711	541,439
Restricted cash	566,108	481,003
Notes receivable, less current portion	90,266	103,132
Goodwill	101,607	0
Intangibles, net of accumulated amortization of $29,398 in 2014	984,202	0
Other assets	55,216	20,934
Total deferred charges and other assets	3,890,619	2,691,818
Total assets	71,784,955	77,578,988
Current liabilities	'	'
Accounts payable and accrued liabilities	6,711,083	7,852,337
Billings in excess of costs and estimated earnings on uncompleted contracts	77,525	55,846
Current portion of notes payable	6,710,961	13,046,080
Accrued remediation costs	178,400	155,667
Total current liabilities	13,677,969	21,109,930
Deferred income taxes	5,983,781	5,982,368
Accrued remediation costs	978,180	900,000
Notes payable, less current portion	19,699,921	18,485,681
Other accrued liabilities	33,091	24,277
Total liabilities	40,372,942	46,502,256
Commitments and contingencies (notes 3 and 5)	0	0
Stockholders’ equity	'	'
Common stock, $.10 par value, 40,000,000 shares authorized; 27,813,772 shares issued and 25,451,354 shares outstanding	2,781,377	2,781,377
Additional paid-in capital	18,481,683	18,481,683
Retained earnings	11,457,140	11,121,859
Treasury stock, 2,362,418 shares, at cost	-1,308,187	-1,308,187
Total stockholders’ equity	31,412,013	31,076,732
Total liabilities and stockholders’ equity	$71,784,955	$77,578,988

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Property, buildings and equipment, accumulated depreciation	$26,904,075	$25,559,606
Intangibles, accumulated amortization	$29,398	$0
Preferred stock, par value	$1	$1
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.10	$0.10
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	27,813,772	27,813,772
Common stock, shares outstanding	25,451,354	25,451,354
Treasury stock, shares	2,362,418	2,362,418

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue	'	'
Electrical construction	$21,519,115	$22,524,301
Other	412,130	1,762
Total revenue	21,931,245	22,526,063
Costs and expenses	'	'
Electrical construction	18,328,257	17,551,892
Other	308,304	1,762
Selling, general and administrative	1,114,227	877,765
Depreciation and amortization	1,498,904	1,144,569
Gain on sale of property and equipment	-8,004	-2,500
Total costs and expenses	21,241,688	19,573,488
Total operating income	689,557	2,952,575
Other income (expense), net	'	'
Interest income	7,693	5,788
Interest expense	-177,813	-130,862
Other income, net	13,984	13,118
Total other expense, net	-156,136	-111,956
Income before income taxes	533,421	2,840,619
Income tax provision	198,140	1,045,111
Net income	$335,281	$1,795,508
Net income per share of common stock — basic and diluted (usd per share)	$0.01	$0.07
Weighted average shares outstanding - basic and diluted (shares)	25,451,354	25,451,354

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities	'	'
Net income	$335,281	$1,795,508
Adjustments to reconcile net income to net cash provided by operating activities	'	'
Depreciation and amortization	1,498,904	1,144,569
Deferred income taxes	142,241	543,738
Gain on sale of property and equipment	-8,004	-2,500
(Gain) loss on cash surrender value of life insurance	-1,272	2,063
Changes in operating assets and liabilities, net of effects of acquisition	'	'
Accounts receivable and accrued billings	5,149,526	-1,554,050
Remediation insurance receivable	-160,540	0
Construction inventory	-21,846	93,698
Real estate inventory	-1,656,227	-3,385
Costs and estimated earnings in excess of billings on uncompleted contracts	-2,155,307	744,301
Residential properties under construction	1,616,916	-356,135
Income taxes receivable	-55,934	0
Prepaid expenses and other assets	-613,131	-423,843
Land and land development costs	-5,199	-11,903
Restricted cash	-85,105	-62,512
Income taxes payable	0	-469,832
Accounts payable and accrued liabilities	-2,304,616	551,384
Billings in excess of costs and estimated earnings on uncompleted contracts	-310,325	-278,548
Accrued remediation costs	100,913	0
Net cash provided by operating activities	1,466,275	1,712,553
Cash flows from investing activities	'	'
Proceeds from disposal of property and equipment	11,000	2,500
Proceeds from notes receivable	9,809	5,628
Purchases of property, buildings and equipment	-2,751,403	-6,362,696
Net cash paid for acquisition	-5,873,492	0
Net cash used in investing activities	-8,604,086	-6,354,568
Cash flows from financing activities	'	'
Proceeds from notes payable	3,500,000	0
Repayments on notes payable	-8,134,978	-538,785
Installment loan repayments	-485,901	-469,447
Net cash used in financing activities	-5,120,879	-1,008,232
Net decrease in cash and cash equivalents	-12,258,690	-5,650,247
Cash and cash equivalents at beginning of period	20,214,569	7,845,943
Cash and cash equivalents at end of period	7,955,879	2,195,696
Supplemental disclosure of cash flow information	'	'
Interest paid	172,752	132,055
Income taxes paid, net	111,833	971,205
Supplemental disclosure of non-cash investing and financing activities	'	'
Liability for equipment acquired	$163,805	$239,914

Organization_and_Summary_of_Si

Organization and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and Summary of Significant Accounting Policies	'
	Organization and Summary of Significant Accounting Policies
	Overview
	The Goldfield Corporation (the “Company”) was incorporated in Wyoming in 1906 and subsequently reincorporated in Delaware in 1968. The Company’s principal line of business is electrical construction. The principal market for the Company’s electrical construction operation is electric utilities throughout much of the United States.
	Basis of Financial Statement Presentation
	In the opinion of management, the accompanying unaudited interim consolidated financial statements include all adjustments necessary to present fairly the Company’s financial position, results of operations, and changes in cash flows for the interim periods reported. These adjustments are of a normal recurring nature. All financial statements presented herein are unaudited with the exception of the consolidated balance sheet as of December 31, 2013, which was derived from the audited consolidated financial statements. The results of operations for the interim periods shown in this report are not necessarily indicative of results to be expected for the fiscal year. These statements should be read in conjunction with the financial statements included in the Company’s annual report on Form 10-K for the year ended December 31, 2013.
	Allowance for Doubtful Accounts
	The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on customer specific information and historical write-off experience. The Company reviews its allowance for doubtful accounts quarterly. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. Any increase in the allowance account has a corresponding negative effect on the results of operations. As of March 31, 2014 and December 31, 2013, upon its review, management determined it was not necessary to record an allowance for doubtful accounts due to the majority of accounts receivable being generated by electrical utility customers whom the Company considers creditworthy based on timely collection history and other considerations.
	Use of Estimates
	Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with U.S. generally accepted accounting principles. Actual results could differ from those estimates. Management considers the most significant estimates in preparing these financial statements to be the estimated cost to complete electrical construction contracts in progress, the adequacy of the accrued remediation costs, assigning fair value and allocating purchase price in connection with our business combination and the realizability of deferred tax assets.
	Financial Instruments - Fair Value
	The Company’s financial instruments include cash and cash equivalents, accounts and notes receivable, restricted cash collateral deposited with insurance carriers, cash surrender value of life insurance policies, accounts payable, notes payable, and other current liabilities.
	Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value guidance establishes a valuation hierarchy, which requires maximizing the use of observable inputs when measuring fair value.
	The three levels of inputs that may be used are:
	Level 1 - Quoted market prices in active markets for identical assets or liabilities.
	Level 2 - Observable market based inputs or other observable inputs.
	Level 3 - Significant unobservable inputs that cannot be corroborated by observable market data. These values are generally determined using valuation models incorporating management’s estimates of market participant assumptions.
	Fair values of financial instruments are estimated through the use of public market prices, quotes from financial institutions, and other available information. Management considers the carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable and accrued billings, accounts payable and accrued liabilities, to approximate fair value due to the immediate or short-term maturity of these financial instruments. The fair value of notes receivable is considered by management to approximate carrying value based on their interest rates and terms, maturities, collateral, and current status of the receivables. The Company’s long-term notes payable are also estimated by management to approximate carrying value since the interest rates prescribed by Branch Banking and Trust Company (the “Bank”) are variable market interest rates and are adjusted periodically. The Company has determined the fair value of its fixed rate long-term installment notes payable to be $4.7 million using an interest rate of 2.69% (Level 2 input), which is the Company's current interest rate on borrowings. Restricted cash is considered by management to approximate fair value due to the nature of the asset held in a secured interest bearing bank account. The carrying value of cash surrender value of life insurance is also considered by management to approximate fair value as the carrying value is based on the current settlement value under the contract, as provided by the carrier.
	Restricted Cash
	The Company’s restricted cash includes cash deposited in a secured interest bearing bank account, as required by the Collateral Trust Agreement in connection with the Company’s workers’ compensation insurance policies, as described in note 8.
	Segment Reporting
	The Company operates as a single reportable segment under ASC 280-10-50 Disclosures about Segments of an Enterprise and Related Information.
	Subsequent Events
	The Company evaluated subsequent events and has included certain of such events in these notes to the financial statements. The Company is not aware of any significant events that occurred subsequent to the balance sheet date, but prior to the filing of this report that would have a material impact on the Company’s consolidated financial statements, other than those that have been disclosed.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The following table presents the provision for income tax and the effective tax rate for the three months ended March 31, 2014 and 2013:
		2014			2013
	Income tax provision	$	198,140		$	1,045,111
	Effective income tax rate	37.1		%	36.8		%
	The Company's expected tax rate for the year ending December 31, 2014, which was calculated based on the estimated annual operating results for the year, is 37.1%. The expected tax rate differs from the federal statutory rate of 34% primarily due to state income taxes.
	The effective tax rate for the three months ended March 31, 2014 was 37.1% and reflects the annual expected tax rate. The effective tax rate for the three months ended March 31, 2013 was 36.8% and differs from the federal statutory rate of 34% primarily due to state income taxes.
	The current deferred tax assets decreased to $481,000 as of March 31, 2014 from $622,000 as of December 31, 2013, due to a reduction in accrued vacation and accrued workers' compensation claims, and an increase in remediation insurance receivable for reimbursement of defense costs, as described in note 3. The non-current deferred tax liabilities remained at $6.0 million as of both March 31, 2014, and December 31, 2013.
	The carrying amounts of deferred tax assets are reduced by a valuation allowance, if based on the available evidence, it is more likely than not such assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which the deferred tax assets are expected to be recovered or settled. In the assessment for a valuation allowance, appropriate consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, experience with loss carryforwards expiring unused, and tax planning alternatives. If the Company determines it will not be able to realize all or part of the deferred tax assets, a valuation allowance would be recorded to reduce deferred tax assets to the amount that is more likely than not to be realized.
	Based on assumptions with respect to forecasts of future taxable income and tax planning, among others, the Company anticipates being able to generate sufficient taxable income to utilize the deferred tax assets. Therefore, the Company has not recorded a valuation allowance against deferred tax assets. The minimum amount of future taxable income required to be generated to fully realize the deferred tax assets as of March 31, 2014 is approximately $2.8 million.
	The Company has gross unrecognized tax benefits of $11,000 as of both March 31, 2014 and December 31, 2013. The Company believes that it is reasonably possible that the liability for unrecognized tax benefits related to certain state income tax matters may be settled within the next twelve months. The federal statute of limitation has expired for tax years prior to 2008 and relevant state statutes vary. The Company is currently not under any income tax audits or examinations and does not expect the assessment of any significant additional tax in excess of amounts provided.
	The Company accrues interest and penalties related to unrecognized tax benefits as interest expense and other general and administrative expenses, respectively, and not as a component of income taxes.

Discontinued_Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Discontinued Operations	'
	Discontinued Operations
	Commitments and Contingencies Related to Discontinued Operations
	Through certain of our subsidiaries and predecessor companies, the Company was previously engaged in mining activities and ended all such activities in December 2002.
	In June 2013, the Company received an inquiry from the United States Environmental Protection Agency (the “EPA”) with respect to a previously owned mining property, the Sierra Zinc Site located in Stevens County, Washington (the “Site”). The Company sold the Site over fifty (50) years ago. The Company completed a preliminary investigation to determine the nature and scope of environmental conditions at the Site.
	The preliminary information indicates that the Company owned the Site from 1947 to about 1956. A preliminary examination of the Site by the Company and the EPA, indicates that the Site includes a tailings impoundment that was not previously reclaimed. A preliminary analysis was completed by the Company's environmental engineering consultants. Based on their findings, the Company anticipates that it will likely be necessary to reclaim and cover the tailings impoundment with clean material.
	In February 2014, the EPA provided the Company with a formal General Notice Letter regarding its potential liability for the Site and requesting that the Company negotiate an administrative order on consent (“AOC”) to conduct a “Removal Action Alternative Analysis” for the Site. The Removal Action Alternative Analysis compares the costs and benefits of several potential removal action alternatives for the Site. The Company has evaluated the Removal Action Alternative Analysis and negotiated the AOC. Subsequently, on May 2, 2014, the EPA and the Company entered into the AOC for the Removal Action Alternative Analysis.
	Although the Company and the EPA have not yet determined the precise response action required, or the timing of such action, the Company has reasonably estimated the amounts related to the probable action in accordance with ASC Topic 450-20, Loss Contingencies, and has established a contingency provision within Discontinued Operations of $1.2 million during the year ended December 31, 2013, for this matter. None of the following elements have been specifically determined by the Company as of March 31, 2014: the response action required, the date or range of dates to perform such response action, or the method of compliance with such response action to be required of the Company. The remaining balance of the estimated contingency provision accrued by the Company as of March 31, 2014 and December 31, 2013, was $1.2 million and $1.1 million, respectively. This contingency provision represents the estimated costs of the probable response action, as provided by the Company's environmental engineering consultants, as well as the anticipated legal costs and EPA Past Response Costs of $163,000, which is to be paid as required by the EPA, within 30 days of the effective date of the AOC. It is reasonably possible the total actual costs to be incurred at the Site in future periods may vary from this estimate and, given inherent uncertainties in evaluating environmental costs, the Company is unable to estimate with certainty the ultimate loss. The accrual will be reviewed periodically based upon facts and circumstances available at the time, which could result, and most likely will result, in changes to this amount. There were no discontinued operations for either of the three months ended March 31, 2014 or 2013.
	The Company believes that the costs of this response action may be covered, in whole or in part, by insurance. The Company has advised the same insurers who paid a significant portion of the costs in connection with an EPA action in 2003, involving the Anderson-Calhoun Mine, which provided the ore milled at the Site. The insurers have accepted the defense of the claims relating to the Site, subject to certain reservation of rights as to coverage. The insurers have also jointly engaged new environmental defense counsel to defend the Company with respect to the Site. In May 2014, the Company received the total reimbursement of $161,000, from the insurers for all reimbursable expenses incurred through March 31, 2014, which is the full amount of the remediation insurance receivable reflected on our balance sheet as of March 31, 2014.
	The extent, if any, of insurance coverage for remediation and other expenses may ultimately be resolved in declaratory judgment litigation. On May 8, 2014, the Company commenced a declaratory judgment action in the United States District Court for the Eastern District of Washington against Fireman's Fund Insurance Company and Hartford Accident & Indemnity Company. On April 28, 2014, Fireman's Fund Insurance Company separately filed a Complaint for a declaratory judgment in the United States District Court for the Middle District of Florida, which Complaint has not been served upon the Company as of the date of this report. The Company cannot predict the extent to which its costs will ultimately be covered by insurance.
	Discontinued operations has no assets or liabilities other than those associated with the aforementioned EPA action. The following table presents the assets and liabilities of discontinued operations, which have been reflected in the accompanying consolidated balance sheets under the captions “remediation insurance receivable” and “accrued remediation costs,” as of the dates as indicated:
		March 31,		December 31,
		2014		2013
	Remediation insurance receivable	$	160,540	$	—
	Total assets of discontinued operations	$	160,540	$	—
	Accrued remediation costs current	$	178,400	$	155,667
	Accrued remediation costs non-current	978,180		900,000
	Total liabilities of discontinued operations	$	1,156,580	$	1,055,667

Notes_Payable

Notes Payable	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Notes Payable	'
	Notes Payable
	The following table presents the balances of our notes payables as of the dates as indicated:
		Lending Institution	Maturity Date	March 31, 2014			December 31, 2013			Interest Rates
										2014		2013
	Working Capital Loan	Branch Banking and Trust Company	June 16, 2016	$	5,000,000		$	12,000,000		2.19	%	2.19	%
	$6.94 Million Equipment Loan	Branch Banking and Trust Company	February 22, 2016	3,444,915			3,692,772			2.69	%	2.69	%
	$1.50 Million Equipment Loan	Branch Banking and Trust Company	October 17, 2016	1,005,500			1,097,000			2.69	%	2.69	%
	$4.25 Million Equipment Loan	Branch Banking and Trust Company	September 19, 2016	2,976,000			3,270,000			2.69	%	2.69	%
	$1.50 Million Equipment Loan (2013)	Branch Banking and Trust Company	April 22, 2017	1,321,428			1,428,571			2.66	%	2.66	%
	$5.0 Million Equipment Loan	Branch Banking and Trust Company	April 22, 2018	4,537,037			4,814,815			2.66	%	2.66	%
	$3.50 Million Acquisition Loan	Branch Banking and Trust Company	January 28, 2019	3,383,300			—			2.19	%	—	%
	$10.0 Million Equipment Loan	Branch Banking and Trust Company	January 28, 2020	—			—			2.19	%	—	%
	$7.90 Million Installment Sale Contract	Caterpillar Financial Services Corporation	July 17, 2016	4,742,702			5,228,603			3.45	%	3.45	%
	Total notes payable			26,410,882			31,531,761
	Current portion of notes payable			(6,710,961		)	(13,046,080		)
	Notes payable, less current portion			$	19,699,921		$	18,485,681
	As of March 31, 2014, the Company and its wholly owned subsidiaries; Southeast Power, Pineapple House of Brevard, Inc. (“Pineapple House”), Bayswater Development Corporation (“Bayswater”), Power Corporation of America (“PCA”), and C and C Power Line, Inc. (“C&C”), collectively (the “Debtors,”) were parties to a Master Loan Agreement, dated January 31, 2014 (the “2014 Master Loan Agreement”), with Branch Banking and Trust Company (the “Bank”). The terms of the 2014 Master Loan Agreement replaced all previous Bank loan agreements with respect to the notes payable to the Bank listed in the table above.
	All loans with the Bank are guaranteed by the Debtors and include the grant of a continuing security interest in all now owned and hereafter acquired and wherever located personal property of the Debtors as follows: (i) machinery and equipment, including all accessions thereto, all manufacturers’ warranties, parts and tools therefor; (ii) tax refunds, Company records (paper and electronic), rights under equipment leases, warranties and software licenses; (iii) supporting obligations; and (iv) to the extent not listed in (i) and (ii) all proceeds (cash and non-cash) and products of the foregoing.
	As of March 31, 2014, the Company had a loan agreement and a series of related ancillary agreements with the Bank providing for a revolving line of credit loan for a maximum principal amount of $15.0 million, to be used as a “Working Capital Loan,” of which $5.0 million was outstanding as of March 31, 2014. The Working Capital Loan will bear interest at a rate per annum equal to one month LIBOR (as defined in the ancillary loan documents) plus two percent 2.00%, which will be adjusted monthly and subject to a maximum of 24.00%; pricing is based on the following table:
	Leverage Ratio	Applicable Margin for LIBOR Loans and Letter of Credit Fees
	< 1.0x	175.0 bps
	≥ 1.0x but < 1.5x	200.0 bps
	≥ 1.5x but < 2.0x	225.0 bps
	≥ 2.0x but < 2.5x	250.0 bps
	≥ 2.5x but < 3.0x	275.0 bps
	“Leverage ratio” means total liabilities to tangible net worth. Pricing will be adjusted on a quarterly basis based on the table above and the Company’s quarterly financial reports with any interest rate changes taking effect in the month following receipt of the quarterly financial reports. Interest only payments are payable monthly commencing on January 16, 2014, and continuing on the same day of each month thereafter, until June 16, 2016.
	Under the ancillary agreements relating to the Working Capital Loan, the Company agrees to pay an unused commitment fee on any difference between the face amount of the Working Capital Loan and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee is calculated annually at the rates set forth in the table above and is due on April 1, 2014 and the same day of each following quarter until the maturity date of the Working Capital Loan. The unused portion of the Working Capital Loan as of March 31, 2014, was $10.0 million.
	With the exception of the Working Capital Loan, the $10.0 Million Equipment Loan, and the $3.5 Million Acquisition Loan, which bear interest under the same rates and specifications as those set forth above for the Working Capital Loan, all the loans with the Bank bear interest at a rate per annum equal to one month LIBOR (as defined in the ancillary loan documents) plus two and one-half percent 2.50%, which is adjusted monthly and subject to a maximum interest rate of 24.00%.
	As of March 31, 2014, Southeast Power, the Company, and Ring Power Corporation (the “Seller”), are parties to an Installment Sale Contract (Security Agreement), as amended (the “$7.90 Million Installment Sale Contract”), and related ancillary agreements. Southeast Power agreed to purchase specific identified equipment units (the “Equipment”) from the Seller for a purchase price of $7.9 million. On July 16, 2012, the Seller assigned to Caterpillar Financial Services Corporation (“CAT”) its interest in and rights and remedies under the $7.90 Million Installment Sale Contract and related agreements, as well as the Seller’s security interest in the Equipment. The Bank and CAT entered into a Subordination Agreement with respect to the Equipment. Pursuant to the terms of the $7.90 Million Installment Sale Contract, Southeast Power agreed to pay the entire purchase price of all Equipment plus fees and finance charges by way of forty-eight (48) installment payments of $176,535, aggregating to $8,473,658, payable directly to CAT. Borrowings outstanding under the $7.90 Million Installment Sale Contract were $4.7 million and $5.2 million as of March 31, 2014 and December 31, 2013, respectively. The $7.90 Million Installment Sale Contract bears a fixed interest rate of 3.45% and is due and payable in full on July 17, 2016.
	The Company’s debt arrangements contain various financial and other covenants including, but not limited to: minimum tangible net worth, outside debt limitation (with certain exceptions), maximum debt to tangible net worth ratio, fixed charge coverage ratio and asset coverage ratio. Other loan covenants prohibit, among other things, a change in legal form of the Company, and entering into a merger or consolidation. The loans also have cross-default provisions whereby any default under any loans of the Company (or its subsidiaries) with the Bank, will constitute a default under all of the other loans of the Company (and its subsidiaries) with the Bank.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Performance Bonds
	In certain circumstances, the Company is required to provide performance bonds to secure its contractual commitments. Management is not aware of any performance bonds issued for the Company that have ever been called by a customer. As of March 31, 2014, outstanding performance bonds issued on behalf of the Company’s electrical construction subsidiaries amounted to approximately $25.9 million.
	Collective Bargaining Agreements
	C&C, one of the Company's electrical construction subsidiaries, is party to collective bargaining agreements with unions representing workers performing field construction operations. The collective bargaining agreements expire at various times and have typically been renegotiated and renewed on terms similar to the ones contained in the expiring agreements. The agreements require the subsidiary to pay specified wages, provide certain benefits to their respective union employees and contribute certain amounts to multi-employer pension plans and employee benefit trusts. The subsidiary’s multi-employer pension plan contribution rates generally are specified in the collective bargaining agreements (usually on an annual basis), and contributions are made to the plans on a “pay-as-you-go” basis based on such subsidiary’s union employee payrolls, which cannot be determined for future periods because of the number of union employees that such subsidiary employs at any given time and the plans in which it may participate vary depending on the projects it has ongoing at any time and the need for union resources in connection with those projects. If the subsidiary withdraws from, or otherwise terminates its participation in, one or more multi-employer pension plans or if the plans were to otherwise become underfunded, such subsidiary could be assessed liabilities for additional contributions related to the underfunding of these plans. The Company is not aware of any amounts of withdrawal liability that have been incurred as a result of a withdrawal by C&C from any multi-employer defined benefit pension plans.

Income_Per_Share_of_Common_Sto

Income Per Share of Common Stock	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Income Per Share of Common Stock	'
	Income Per Share of Common Stock
	Basic income per common share is computed by dividing net income by the weighted average number of common stock shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if common stock equivalents, such as stock options outstanding, were exercised into common stock that subsequently shared in the earnings of the Company.
	As of March 31, 2014 and 2013, the Company had no common stock equivalents. The computation of the weighted average number of common stock shares outstanding excludes 2,362,418 shares of Treasury Stock for each of the three months ended March 31, 2014 and 2013.

Customer_Concentration

Customer Concentration	3 Months Ended
	Mar. 31, 2014
Risks and Uncertainties [Abstract]	'
Customer Concentration	'
	Customer Concentration
	A significant portion of the Company’s electrical construction revenue has historically been derived from three or four utility customers each year. For the three months ended March 31, 2014 and 2013, the three largest customers accounted for 57% and 63%, respectively, of the Company’s total revenue.

Restricted_Cash

Restricted Cash	3 Months Ended
	Mar. 31, 2014
Restricted Cash and Investments [Abstract]	'
Restricted Cash	'
	Restricted Cash
	On October 25, 2010, the Company, as grantor, Valley Forge Insurance Company (the “Beneficiary”) and Branch Banking and Trust Company (the “Trustee”) entered into a Collateral Trust Agreement (the “Agreement”) in connection with the Company’s workers’ compensation insurance policies issued by the Beneficiary (the “Policies”) beginning in 2009. The Agreement was made to grant the Beneficiary a security interest in certain of the Company’s assets and to place those assets in a Trust Account to secure the Company’s obligations to the Beneficiary under the Policies. The deposits maintained under the Agreement are recorded as restricted cash, within the non-current assets section of our balance sheet.

Acquisition_of_C_and_C_Power_L

Acquisition of C and C Power Line, Inc.	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Acquisition of C and C Power Line, Inc.	'
	Acquisition of C and C Power Line, Inc.
	On January 3, 2014, PCA completed its acquisition of all the issued and outstanding shares of stock of C&C. The purchase price was $7,250,000 in cash, subject to certain customary post-closing adjustments; $725,000 of such purchase price was deposited into an escrow fund to secure certain purchase price adjustments and indemnification obligations. The purchase price was funded through our Working Capital Loan and the $3.5 Million Acquisition Loan as described in note 4.
	PCA incurred acquisition costs totaling approximately $266,000 as of March 31, 2014 in connection with the transaction. These acquisition costs are included under the caption “selling, general and administrative” on the Company's consolidated statements of income. For the three months ended March 31, 2014 and the year ended December 31, 2013, these acquisition costs totaled approximately $51,000 and $216,000, respectively.
	C&C is a full service electrical contractor, headquartered in Jacksonville, Florida, with a unionized workforce. C&C has been involved in the electrical business in Florida since 1989. The acquisition of C&C will provide the Company with another platform for future growth.
	The following table summarizes the preliminary purchase price allocation recognized as of the closing date of January 3, 2014:
		January 3, 2014
	Assets
	Current assets
	Accounts receivable, net	$	2,693,415
	Other current	55,365
	Total current assets	2,748,780
	Machinery and equipment	3,349,880
	Intangible assets	1,013,600
	Goodwill	101,607
	Total assets	$	7,213,867
	Liabilities
	Accounts payable	448,296
	Accrued compensation and payroll taxes	521,782
	Other accrued liabilities	370,297
	Total liabilities	$	1,340,375
	Purchase price, net of cash acquired of $1,376,508	$	5,873,492
	The pro forma effects on revenue and net income as if the C&C acquisition had occurred on January 1, 2013, are not material.

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets Associated with the Acquisition of C&C (Notes)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Other Intangible Assets Associated with the Acquisition of C&C	'
	Goodwill and Other Intangible Assets Associated with the Acquisition of C&C
	In connection with the acquisition of C&C as described in note 9, the Company acquired intangible assets with definite useful lives primarily consisting of trademarks and names, customer relationships and non-competition agreements and are amortized over periods from five to twenty years. The aggregate cash consideration paid, net of cash acquired, was $5.9 million, of which $102,000 was allocated to goodwill, $1.0 million to acquired other intangible assets, $3.3 million to fixed assets, $2.7 million to net current assets and $1.3 million to net liabilities assumed.
	The following table presents the gross and net balances of our intangible assets as of March 31, 2014:
		March 31, 2014
		Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
		(Years)
	Indefinite-lived and non-amortizable acquired intangible assets
	Goodwill	Indefinite	$	101,607	$	—		$	101,607
	Definite-lived and amortizable acquired intangible assets
	Trademarks/Names	15	$	860,000	$	(14,334	)	$	845,666
	Customer relationships	20	130,000		(1,626		)	128,374
	Non-competition agreement	5	10,000		(501		)	9,499
	Other	1	13,600		(12,937		)	663
	Total intangible assets, net		$	1,013,600	$	(29,398	)	$	984,202

Organization_and_Summary_of_Si1

Organization and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Financial Statement Presentation	'
	Overview
	The Goldfield Corporation (the “Company”) was incorporated in Wyoming in 1906 and subsequently reincorporated in Delaware in 1968. The Company’s principal line of business is electrical construction. The principal market for the Company’s electrical construction operation is electric utilities throughout much of the United States.
	Basis of Financial Statement Presentation
	In the opinion of management, the accompanying unaudited interim consolidated financial statements include all adjustments necessary to present fairly the Company’s financial position, results of operations, and changes in cash flows for the interim periods reported. These adjustments are of a normal recurring nature. All financial statements presented herein are unaudited with the exception of the consolidated balance sheet as of December 31, 2013, which was derived from the audited consolidated financial statements. The results of operations for the interim periods shown in this report are not necessarily indicative of results to be expected for the fiscal year. These statements should be read in conjunction with the financial statements included in the Company’s annual report on Form 10-K for the year ended December 31, 2013.
Allowance for Doubtful Accounts	'
	Allowance for Doubtful Accounts
	The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on customer specific information and historical write-off experience. The Company reviews its allowance for doubtful accounts quarterly. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. Any increase in the allowance account has a corresponding negative effect on the results of operations. As of March 31, 2014 and December 31, 2013, upon its review, management determined it was not necessary to record an allowance for doubtful accounts due to the majority of accounts receivable being generated by electrical utility customers whom the Company considers creditworthy based on timely collection history and other considerations.
Use of Estimates	'
	Use of Estimates
	Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with U.S. generally accepted accounting principles. Actual results could differ from those estimates. Management considers the most significant estimates in preparing these financial statements to be the estimated cost to complete electrical construction contracts in progress, the adequacy of the accrued remediation costs, assigning fair value and allocating purchase price in connection with our business combination and the realizability of deferred tax assets.
Financial Instruments - Fair Value	'
	Financial Instruments - Fair Value
	The Company’s financial instruments include cash and cash equivalents, accounts and notes receivable, restricted cash collateral deposited with insurance carriers, cash surrender value of life insurance policies, accounts payable, notes payable, and other current liabilities.
	Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value guidance establishes a valuation hierarchy, which requires maximizing the use of observable inputs when measuring fair value.
	The three levels of inputs that may be used are:
	Level 1 - Quoted market prices in active markets for identical assets or liabilities.
	Level 2 - Observable market based inputs or other observable inputs.
	Level 3 - Significant unobservable inputs that cannot be corroborated by observable market data. These values are generally determined using valuation models incorporating management’s estimates of market participant assumptions.
	Fair values of financial instruments are estimated through the use of public market prices, quotes from financial institutions, and other available information. Management considers the carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable and accrued billings, accounts payable and accrued liabilities, to approximate fair value due to the immediate or short-term maturity of these financial instruments. The fair value of notes receivable is considered by management to approximate carrying value based on their interest rates and terms, maturities, collateral, and current status of the receivables. The Company’s long-term notes payable are also estimated by management to approximate carrying value since the interest rates prescribed by Branch Banking and Trust Company (the “Bank”) are variable market interest rates and are adjusted periodically. The Company has determined the fair value of its fixed rate long-term installment notes payable to be $4.7 million using an interest rate of 2.69% (Level 2 input), which is the Company's current interest rate on borrowings. Restricted cash is considered by management to approximate fair value due to the nature of the asset held in a secured interest bearing bank account. The carrying value of cash surrender value of life insurance is also considered by management to approximate fair value as the carrying value is based on the current settlement value under the contract, as provided by the carrier.
Restricted Cash	'
	Restricted Cash
	The Company’s restricted cash includes cash deposited in a secured interest bearing bank account, as required by the Collateral Trust Agreement in connection with the Company’s workers’ compensation insurance policies, as described in note 8.
Segment Reporting	'
	Segment Reporting
	The Company operates as a single reportable segment under ASC 280-10-50 Disclosures about Segments of an Enterprise and Related Information.
Subsequent Events	'
	Subsequent Events
	The Company evaluated subsequent events and has included certain of such events in these notes to the financial statements. The Company is not aware of any significant events that occurred subsequent to the balance sheet date, but prior to the filing of this report that would have a material impact on the Company’s consolidated financial statements, other than those that have been disclosed.

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Schedule of income tax provision from continuing operations	'
	The following table presents the provision for income tax and the effective tax rate for the three months ended March 31, 2014 and 2013:
		2014			2013
	Income tax provision	$	198,140		$	1,045,111
	Effective income tax rate	37.1		%	36.8		%

Discontinued_Operations_Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Discontinued Operations Disclosure	'
	The following table presents the assets and liabilities of discontinued operations, which have been reflected in the accompanying consolidated balance sheets under the captions “remediation insurance receivable” and “accrued remediation costs,” as of the dates as indicated:
		March 31,		December 31,
		2014		2013
	Remediation insurance receivable	$	160,540	$	—
	Total assets of discontinued operations	$	160,540	$	—
	Accrued remediation costs current	$	178,400	$	155,667
	Accrued remediation costs non-current	978,180		900,000
	Total liabilities of discontinued operations	$	1,156,580	$	1,055,667

Notes_Payable_Tables

Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
The balances of the Company's notes payable	'
	The following table presents the balances of our notes payables as of the dates as indicated:
		Lending Institution	Maturity Date	March 31, 2014			December 31, 2013			Interest Rates
										2014		2013
	Working Capital Loan	Branch Banking and Trust Company	June 16, 2016	$	5,000,000		$	12,000,000		2.19	%	2.19	%
	$6.94 Million Equipment Loan	Branch Banking and Trust Company	February 22, 2016	3,444,915			3,692,772			2.69	%	2.69	%
	$1.50 Million Equipment Loan	Branch Banking and Trust Company	October 17, 2016	1,005,500			1,097,000			2.69	%	2.69	%
	$4.25 Million Equipment Loan	Branch Banking and Trust Company	September 19, 2016	2,976,000			3,270,000			2.69	%	2.69	%
	$1.50 Million Equipment Loan (2013)	Branch Banking and Trust Company	April 22, 2017	1,321,428			1,428,571			2.66	%	2.66	%
	$5.0 Million Equipment Loan	Branch Banking and Trust Company	April 22, 2018	4,537,037			4,814,815			2.66	%	2.66	%
	$3.50 Million Acquisition Loan	Branch Banking and Trust Company	January 28, 2019	3,383,300			—			2.19	%	—	%
	$10.0 Million Equipment Loan	Branch Banking and Trust Company	January 28, 2020	—			—			2.19	%	—	%
	$7.90 Million Installment Sale Contract	Caterpillar Financial Services Corporation	July 17, 2016	4,742,702			5,228,603			3.45	%	3.45	%
	Total notes payable			26,410,882			31,531,761
	Current portion of notes payable			(6,710,961		)	(13,046,080		)
	Notes payable, less current portion			$	19,699,921		$	18,485,681

Acquisition_of_C_and_C_Power_L1

Acquisition of C and C Power Line, Inc (Tables)	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Schedule of Business Acquisitions, by Acquisition	'
	The following table summarizes the preliminary purchase price allocation recognized as of the closing date of January 3, 2014:
		January 3, 2014
	Assets
	Current assets
	Accounts receivable, net	$	2,693,415
	Other current	55,365
	Total current assets	2,748,780
	Machinery and equipment	3,349,880
	Intangible assets	1,013,600
	Goodwill	101,607
	Total assets	$	7,213,867
	Liabilities
	Accounts payable	448,296
	Accrued compensation and payroll taxes	521,782
	Other accrued liabilities	370,297
	Total liabilities	$	1,340,375
	Purchase price, net of cash acquired of $1,376,508	$	5,873,492

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets Assoicated with the Acquisition of C&C (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Finite-Lived Intangible Assets	'
	The following table presents the gross and net balances of our intangible assets as of March 31, 2014:
		March 31, 2014
		Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
		(Years)
	Indefinite-lived and non-amortizable acquired intangible assets
	Goodwill	Indefinite	$	101,607	$	—		$	101,607
	Definite-lived and amortizable acquired intangible assets
	Trademarks/Names	15	$	860,000	$	(14,334	)	$	845,666
	Customer relationships	20	130,000		(1,626		)	128,374
	Non-competition agreement	5	10,000		(501		)	9,499
	Other	1	13,600		(12,937		)	663
	Total intangible assets, net		$	1,013,600	$	(29,398	)	$	984,202

Organization_and_Summary_of_Si2

Organization and Summary of Significant Accounting Policies (Details) (Level 2 [Member], Long-term installment notes payable [Member], USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Level 2 [Member] | Long-term installment notes payable [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Fair value of fixed rate long-term installment notes payable	$4.70
Interest rate of long-term installment notes payable	2.69%

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'	'	'
Income tax provision	$198,140	$1,045,111	'
Effective income tax rate	37.10%	36.80%	'
Expected income tax rate	37.10%	'	'
Federal statutory rate	34.00%	34.00%	'
Current deferred tax asset	481,000	'	622,000
Deferred income taxes	5,983,781	'	5,982,368
Minimum amount of future taxable income required to realize deferred tax assets	2,800,000	'	'
Unrecognized tax benefits	$11,000	'	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'	'
Provision for remediation costs	'	($1,200,000)
Anticipated legal costs and past response costs	163,000	'
Remediation insurance receivable	160,540	0
Total assets of discontinued operations	160,540	0
Accrued remediation costs current	178,400	155,667
Accrued remediation costs non-current	978,180	900,000
Total liabilities of discontinued operations	$1,156,580	$1,055,667

Notes_Payable_Details

Notes Payable (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Balances of the Company's notes payable	'	'
Total notes payable	$26,410,882	$31,531,761
Current portion of notes payable	-6,710,961	-13,046,080
Notes payable, less current portion	19,699,921	18,485,681
Working Capital Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Maturity Date	16-Jun-16	'
Note payable balance	5,000,000	12,000,000
Interest Rate	2.19%	2.19%
$6.94 Million Equipment Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	6,940,000	'
Maturity Date	22-Feb-16	'
Note payable balance	3,444,915	3,692,772
Interest Rate	2.69%	2.69%
$1.50 Million Equipment Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	1,500,000	'
Maturity Date	17-Oct-16	'
Note payable balance	1,005,500	1,097,000
Interest Rate	2.69%	2.69%
$4.25 Million Equipment Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	4,250,000	'
Maturity Date	19-Sep-16	'
Note payable balance	2,976,000	3,270,000
Interest Rate	2.69%	2.69%
$1.50 Million Equipment Loan (2013) [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	1,500,000	'
Maturity Date	22-Apr-17	'
Note payable balance	1,321,428	1,428,571
Interest Rate	2.66%	2.66%
$5.0 Million Equipment Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	5,000,000	'
Maturity Date	22-Apr-18	'
Note payable balance	4,537,037	4,814,815
Interest Rate	2.66%	2.66%
$3.50 Million Acquisition Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	3,500,000	'
Maturity Date	28-Jan-19	'
Note payable balance	3,383,300	0
Interest Rate	2.19%	0.00%
$10.0 Million Equipment Loan [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	10,000,000	'
Maturity Date	28-Jan-20	'
Note payable balance	0	0
Interest Rate	2.19%	0.00%
$7.90 Million Installment Sale Contract [Member]	'	'
Balances of the Company's notes payable	'	'
Loan agreement face amount	7,900,000	'
Maturity Date	17-Jul-16	'
Note payable balance	$4,742,702	$5,228,603
Interest Rate	3.45%	3.45%

Notes_Payable_Textual_Details

Notes Payable - Textual (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Working Capital Loan [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.00%	2.50%	'
Revolving line of credit loan	$15,000,000	'	'
Borrowings outstanding	5,000,000	'	12,000,000
Interest payable maximum rate	24.00%	'	'
Unused portion of loan	10,000,000	'	'
Interest payable	2.19%	'	2.19%
Maturity Date	16-Jun-16	'	'
$6.94 Million Equipment Loan [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	2.50%	'
Borrowings outstanding	3,444,915	'	3,692,772
Interest payable	2.69%	'	2.69%
Maturity Date	22-Feb-16	'	'
$1.50 Million Equipment Loan [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	2.50%	'
Borrowings outstanding	1,005,500	'	1,097,000
Interest payable	2.69%	'	2.69%
Maturity Date	17-Oct-16	'	'
$4.25 Million Equipment Loan [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	2.50%	'
Borrowings outstanding	2,976,000	'	3,270,000
Interest payable	2.69%	'	2.69%
Maturity Date	19-Sep-16	'	'
$1.50 Million Equipment Loan (2013) [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	2.50%	'
Borrowings outstanding	1,321,428	'	1,428,571
Interest payable	2.66%	'	2.66%
Maturity Date	22-Apr-17	'	'
$5.0 Million Equipment Loan [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	2.50%	'
Borrowings outstanding	4,537,037	'	4,814,815
Interest payable	2.66%	'	2.66%
Maturity Date	22-Apr-18	'	'
$7.90 Million Installment Sale Contract [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Borrowings outstanding	4,742,702	'	5,228,603
Equipment purchase price	7,900,000	'	'
Number of installments	48	'	'
Installments amount	176,535	'	'
Aggregating installments amount	$8,473,658	'	'
Interest payable	3.45%	'	3.45%
Maturity Date	17-Jul-16	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Tangible net worth leverage ratio less than 1.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	1.75%	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Tangible net worth leverage ratio from 1.0 to 1.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.00%	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Tangible net worth leverage ratio from 1.5 to 2.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.25%	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Tangible net worth leverage ratio from 2.0 to 2.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.50%	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Tangible net worth leverage ratio from 2.5 to 3.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Basis spread added to monthly LIBOR	2.75%	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Maximum [Member] | Tangible net worth leverage ratio less than 1.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	1	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Maximum [Member] | Tangible net worth leverage ratio from 1.0 to 1.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	1.5	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Maximum [Member] | Tangible net worth leverage ratio from 1.5 to 2.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	2	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Maximum [Member] | Tangible net worth leverage ratio from 2.0 to 2.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	2.5	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Maximum [Member] | Tangible net worth leverage ratio from 2.5 to 3.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	3	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Minimum [Member] | Tangible net worth leverage ratio from 1.0 to 1.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	1	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Minimum [Member] | Tangible net worth leverage ratio from 1.5 to 2.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	1.5	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Minimum [Member] | Tangible net worth leverage ratio from 2.0 to 2.5 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	2	'	'
London Interbank Offered Rate (LIBOR) [Member] | Working Capital Loan [Member] | Minimum [Member] | Tangible net worth leverage ratio from 2.5 to 3.0 [Member]	'	'	'
Notes Payable (Textual) [Abstract]	'	'	'
Tangible net worth threshold ratio	2.5	'	'

Commitments_and_Contingencies_

Commitments and Contingencies Disclosure - Performance Bonds (Details) (Performance Bond [Member], USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Performance Bond [Member]	'
Guarantor Obligations [Line Items]	'
Outstanding performance bonds	$25.90

Income_Per_Share_of_Common_Sto1

Income Per Share of Common Stock (Details)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'	'
Shares of treasury stock excluded from weighted average number of common stock shares outstanding	2,362,418	2,362,418	2,362,418

Customer_Concentration_Details

Customer Concentration (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Risks and Uncertainties [Abstract]	'	'
Concentration risk, percentage	57.00%	63.00%

Acquisition_of_C_and_C_Power_L2

Acquisition of C and C Power Line, Inc. (Details) (USD $)	0 Months Ended	3 Months Ended	12 Months Ended
	Jan. 03, 2014	Mar. 31, 2014	Dec. 31, 2013
Assets	'	'	'
Current assets	'	$31,255,842	$43,033,188
Goodwill	'	101,607	0
C and C Power Line, Inc. [Member]	'	'	'
Business Acquisition [Line Items]	'	'	'
Acquisition purchase price	7,250,000	'	'
Escrow deposit	725,000	'	'
Acquisition related costs	'	51,000	216,000
Assets	'	'	'
Accounts receivable, net	2,693,415	'	'
Other current	55,365	'	'
Total current assets	2,748,780	'	'
Machinery and equipment	3,349,880	'	'
Intangible assets	1,013,600	'	'
Goodwill	101,607	'	'
Total assets	7,213,867	'	'
Liabilities	'	'	'
Accounts payable	448,296	'	'
Accrued compensation and payroll taxes	521,782	'	'
Other accrued liabilities	370,297	'	'
Total liabilities	1,340,375	'	'
Purchase price, net of cash acquired of $1,376,508	5,873,492	'	'
Cash acquired	1,376,508	'	'
Selling, General and Administrative Expenses [Member] | C and C Power Line, Inc. [Member]	'	'	'
Business Acquisition [Line Items]	'	'	'
Acquisition related costs	'	$266,000	'

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets Associated with the Acquisition of C&C (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Jan. 03, 2014	Jan. 03, 2014
			Trademarks/Names [Member]	Customer relationships [Member]	Non-competition agreement [Member]	Other [Member]	Minimum [Member]	Maximum [Member]
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'	'	'
Goodwill	$101,607	$0	'	'	'	'	'	'
Useful Life (Years)	'	'	'15 years	'20 years	'5 years	'1 year	'5 years	'20 years
Gross Carrying Amount	1,013,600	'	860,000	130,000	10,000	13,600	'	'
Accumulated Amortization	-29,398	0	-14,334	-1,626	-501	-12,937	'	'
Net Carrying Amount	$984,202	'	$845,666	$128,374	$9,499	$663	'	'