| Document and Entity Information | 6 Months Ended | |
| Sep. 30, 2014 | Nov. 12, 2014 | |
| Document And Entity Information | ' | ' |
| Entity Registrant Name | 'ELDORADO ARTESIAN SPRINGS INC | ' |
| Entity Central Index Key | '0000796124 | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 30-Sep-14 | ' |
| Amendment Flag | 'false | ' |
| Current Fiscal Year End Date | '--03-31 | ' |
| Is Entity a Well-known Seasoned Issuer? | 'No | ' |
| Is Entity a Voluntary Filer? | 'No | ' |
| Is Entity's Reporting Status Current? | 'Yes | ' |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Common Stock, Shares Outstanding | ' | 6,036,091 |
| Document Fiscal Period Focus | 'Q2 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Balance Sheets (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
| Assets | ' | ' |
| Cash | $890,090 | $674,459 |
| Accounts receivable - trade, net | 1,541,077 | 1,321,330 |
| Inventories | 417,427 | 377,907 |
| Income tax receivable | ' | 57,358 |
| Prepaid expenses and other | 38,617 | 26,158 |
| Deferred tax asset | 29,648 | 29,648 |
| Total current assets | 2,916,859 | 2,486,860 |
| Non-current assets | ' | ' |
| Property, plant and equipment, net | 3,747,634 | 3,822,386 |
| Investments | 361,196 | 361,196 |
| Water rights, net | 71,675 | 71,675 |
| Deposits | 20,384 | 92,204 |
| Other, net | 117,147 | 125,482 |
| Total non-current assets | 4,318,036 | 4,472,943 |
| Total assets | 7,234,895 | 6,959,803 |
| Liabilities and Stockholders' Equity | ' | ' |
| Accounts payable | 469,267 | 452,494 |
| Accrued expenses | 334,868 | 361,026 |
| Income taxes payable | 94,412 | 0 |
| Customer deposits | 105,005 | 107,191 |
| Current portion of capital lease obligations | 74,466 | 82,508 |
| Current portion of long-term debt | 185,734 | 189,042 |
| Total current liabilities | 1,263,752 | 1,192,261 |
| Non-current liabilities | ' | ' |
| Deferred tax liability | 59,151 | 59,151 |
| Capital lease obligations, less current portion | 41,222 | 73,462 |
| Long term debt, less current portion | 3,834,557 | 3,924,839 |
| Total non-current liabilities | 3,934,930 | 4,057,452 |
| Total liabilities | 5,198,682 | 5,249,713 |
| Commitments and contingency | ' | ' |
| Stockholders' equity | ' | ' |
| Preferred stock, par value $.001 per share;10,000,000 shares authorized; 0 shares issued and outstanding | 0 | 0 |
| Common stock, par value $.001 per share; 50,000,000 shares authorized; 6,036,091 issued and outstanding | 6,036 | 6,036 |
| Additional paid-in capital | 1,693,738 | 1,693,738 |
| Retained Earnings | 336,439 | 10,316 |
| Total stockholders' equity | 2,036,213 | 1,710,090 |
| Total liabilities and stockholders' equity | $7,234,895 | $6,959,803 |
| Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2014 | Mar. 31, 2014 |
| Statement of Financial Position [Abstract] | ' | ' |
| Preferred stock, par value | $0.00 | $0.00 |
| Preferred stock, authorized shares | 10,000,000 | 10,000,000 |
| Preferred stock, issued shares | 0 | 0 |
| Preferred stock, outstanding shares | 0 | 0 |
| Common stock, par value | $0.00 | $0.00 |
| Common stock, Authorized | 50,000,000 | 50,000,000 |
| Common stock, Issued | 6,036,091 | 6,036,091 |
| Common stock, outstanding | 6,036,091 | 6,036,091 |
| Statements of Operations (USD $) | 3 Months Ended | 6 Months Ended | ||
| Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
| Revenue | ' | ' | ' | ' |
| Water and related | $3,360,845 | $3,066,821 | $6,466,325 | $5,851,096 |
| Resort operations | 119,883 | 113,768 | 170,381 | 170,586 |
| Net revenues | 3,480,728 | 3,180,589 | 6,636,706 | 6,021,682 |
| Cost of goods sold | 962,877 | 901,663 | 1,760,121 | 1,661,117 |
| Gross profit | 2,517,851 | 2,278,926 | 4,876,585 | 4,360,565 |
| Operating expenses | ' | ' | ' | ' |
| Salaries and related | 1,129,469 | 993,407 | 2,194,057 | 1,888,896 |
| Administrative and general | 554,233 | 489,799 | 1,113,409 | 1,082,503 |
| Delivery | 290,844 | 232,191 | 546,878 | 471,049 |
| Advertising and promotions | 101,768 | 105,301 | 149,706 | 157,363 |
| Depreciation and amortization | 143,509 | 125,225 | 285,767 | 258,803 |
| Total operating expenses | 2,219,823 | 1,945,923 | 4,289,817 | 3,858,614 |
| Operating income | 298,028 | 333,003 | 586,768 | 501,951 |
| Other income (expense) | ' | ' | ' | ' |
| Interest income | 450 | 450 | 699 | 1,089 |
| Interest expense | -55,435 | -63,852 | -109,574 | -123,837 |
| Total other expense | -54,985 | -63,402 | -108,875 | -122,748 |
| Net income before provision for income taxes | 243,043 | 269,601 | 477,893 | 379,203 |
| Income tax (expense) benefit | ' | ' | ' | ' |
| Current | -73,300 | -79,094 | -151,770 | -87,827 |
| Deferred | 0 | -14,106 | 0 | -44,173 |
| Total income tax expense | -73,300 | -93,200 | -151,770 | -132,000 |
| Net income | $169,743 | $176,401 | $326,123 | $247,203 |
| Basic common shares outstanding | 6,036,091 | 6,036,091 | 6,036,091 | 6,036,091 |
| Basic income per common share | $0.03 | $0.03 | $0.05 | $0.04 |
| Diluted weighted average common shares | 6,048,482 | 6,036,091 | 6,048,482 | 6,036,091 |
| Diluted income per common share | $0.03 | $0.03 | $0.05 | $0.04 |
| Statements of Cash Flows (USD $) | 6 Months Ended | |
| Sep. 30, 2014 | Sep. 30, 2013 | |
| Cash flows from operating activities | ' | ' |
| Net income | $326,123 | $247,203 |
| Adjustments to reconcile net loss to net cash provided by operating activities | ' | ' |
| Depreciation and amortization | 285,767 | 258,803 |
| Deferred income taxes | 0 | -44,173 |
| Changes in assets and liabilities | ' | ' |
| Accounts receivable | -219,747 | -232,024 |
| Inventories | -39,520 | -36,735 |
| Prepaid expenses and other | 58,461 | -7,674 |
| Accounts payable | 16,773 | 162,243 |
| Accrued expenses | -26,158 | 17,319 |
| Income taxes payable (receivable) | 151,770 | -6,673 |
| Customer deposits | -2,186 | 4,752 |
| Net cash provided by operating activities | 551,283 | 451,387 |
| Cash flows from investing activities | ' | ' |
| Purchases of property and equipment | -201,780 | -204,557 |
| Net cash flows used in investing activities | -201,780 | -204,557 |
| Cash flows from financing activities | ' | ' |
| Payments on long-term debt and capital leases | -133,872 | -116,085 |
| Borrowings on long-term obligations | 0 | 18,919 |
| Net cash flows used in financing activities | -133,872 | -97,166 |
| Net increase (decrease) in cash | 215,631 | -149,664 |
| Cash - beginning of period | 674,459 | 480,546 |
| Cash - end of period | 890,090 | 630,210 |
| Supplemental disclosure of cash flow information | ' | ' |
| Cash paid for interest | 109,574 | 123,837 |
| Cash paid for income taxes | 0 | 94,500 |
| Acquisition of fixed assets through capital lease | $0 | $81,683 |
| 1. Summary of Significant Accounting Policies | 6 Months Ended |
| Sep. 30, 2014 | |
| Accounting Policies [Abstract] | ' |
| 1. Summary of Significant Accounting Policies | ' |
| The Company bottles, markets and distributes natural spring water under the Eldorado Artesian Spring Water brand. The Company also markets and distributes organic vitamin charged spring water under the Eldorado Artesian Spring Water brand. The Company distributes to businesses, homes and offices using its own trucks for distribution primarily in Colorado. The Company also distributes directly to regional warehouses for major grocery store chains and distribution companies. | |
| Interim Unaudited Financial Statements | |
| The accompanying unaudited interim financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial statements and with the instructions to Form 10-Q and Article 10 of Regulation S-X. They do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. | |
| In the opinion of management, the consolidated financial statements include all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the results of operations, financial position and cash flows for the interim periods presented. Operating results for the six months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2015. | |
| These statements should be read in conjunction with the consolidated financial statements and related notes to the consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended March 31, 2014. The accounting policies used in preparing these financial statements are the same as those described in our Form 10-K. | |
| The preparation of these financial statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
| Investments | |
| The Company owns shares of capital stock in Farmer’s Reservoir and Irrigation Company (FRICO) – Marshall Division, which entitle the Company to a pro rata share of FRICO’s irrigation system in the Marshall reservoir. See Note 3 for additional information. As the Company’s ownership represents less than 20% ownership of FRICO, the value of this investment is stated at cost and evaluated for impairment if there are indications of such. | |
| Revenue Recognition | |
| Revenue is recognized on the sale of products as customer shipments are made. Returns are estimated and recorded at the time of sale. Rental revenue is recognized on a monthly basis upon commencement of the lease agreement. Water utility revenue is recognized on a monthly basis based upon the monthly contracted rate. | |
| Litigation | |
| The Company is not currently involved in any legal proceedings. The Company maintains insurance to cover certain liabilities. | |
| Income Taxes | |
| The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax liabilities and assets are determined based on the differences between the financial statement and tax basis of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to reverse. The measurement of deferred tax assets is reduced, if necessary, by the amount of any tax benefits that are not expected to be realized based on available evidence. As of March 31, 2013, net operating losses in the amount of approximately $590,000 for state taxes begin to expire in 2028. |
| 2. Stockholders' Equity | 6 Months Ended |
| Sep. 30, 2014 | |
| Equity [Abstract] | ' |
| 2. Stockholders' Equity | ' |
| Stock Option Plans | |
| The Company has a qualified stock plan, the 2008 Incentive Stock Plan, pursuant to which 2,000,000 shares were reserved for issuance. As of September 30, 2014, 1,950,000 shares were available for future grant. Additionally, the Company previously had a qualified stock plan, the 1997 Stock Option Plan, which expired in 2007, pursuant to which 875,000 shares were reserved for issuance and, as of September 30, 2014, 38,000 shares were reserved for issuance pursuant to outstanding grants and no shares were available for future grant as the plan has expired. The 2008 Incentive Stock Plan and the 1997 Stock Option Plan are referred to herein as the Plans. The shares issuable pursuant to awards granted thereunder are registered on Form S-8 with the Securities and Exchange Commission. The Plans provide for the grant of options and other equity based awards to employees, directors and consultants of the Company and are administered by the Company’s Board of Directors. None of the options are held by any officers or directors of the Company. | |
| 3. Contingencies | 6 Months Ended |
| Sep. 30, 2014 | |
| Notes to Financial Statements | ' |
| 8. Contingencies | ' |
| Water Rights Contingency | |
| When we purchased the Eldorado Springs property in 1983, included in the purchase of the real estate were certain water rights that had been decreed for the water sources located on the property. We have the right to beneficially use the water derived from the sources of water that are the subject of the decreed water rights, unless there is a call being made downstream from our location by a water right that is senior to ours. A senior water right would be obtained by those that applied water to a beneficial use prior to the uses associated with our water sources. Because the Eldorado Springs area was not developed until the early 1900’s there are many senior water rights that could place a call on the stream and unless we have a recognized replacement source of water or a decreed augmentation plan (“Augmentation Plan”), we would be forced to stop using the water from our sources. | |
| Because demand for our spring water exists on a year round basis, we require a replacement water source that can be delivered to the stream at any time during the year. Since the drought of 2002, we purchased shares of stock of FRICO, entitling us to use a pro rata portion of the water belonging to FRICO as operated pursuant to state regulations that govern what are known as Mutual Ditch Companies. The Marshall reservoir is located in close proximity to our water sources in Eldorado Springs and because the water is stored, it can be released upon demand to meet our obligations. | |
| The water represented by our shares in the FRICO system had been historically used for irrigating croplands. This meant that, in addition to obtaining a decreed Augmentation Plan from the Colorado Water Court, we had to obtain a change of use decree in order to use the water for replacing our withdrawals as part of the Augmentation Plan. The Water Court of the State of Colorado entered a Decree on April 16, 2013 approving the change in water rights and the terms and conditions of our Augmentation Plan, subject to the retained jurisdiction clauses normally associated with such actions. The Decree allows us to use the water represented by our FRICO shares as augmentation water to replace our out-of-priority withdrawals from our springs and other sources. It also established the conditions under which we can add other sources of water to the Augmentation Plan for use as additional replacement water. It is possible that our ability to withdraw water from our springs in a particular year may be limited if the water associated with our FRICO shares under drought conditions is not sufficient to meet all of our replacement requirements. Because drought is an ever present possibility in our location, we will continue to seek additional sources of replacement and augmentation water to add to our Augmentation Plan. |
| 4. Commitments | 6 Months Ended |
| Sep. 30, 2014 | |
| Commitments and Contingencies Disclosure [Abstract] | ' |
| Commitments | ' |
| Line of Credit | |
| The Company has a line of credit with ANB Bank in the amount of $750,000. As of September 30, 2014, the Company did not have a balance outstanding on the line of credit. The line of credit is subject to certain borrowing base requirements, requires monthly interest payments calculated at prime plus 1% with a minimum rate of 5.5%. The borrowing base was $750,000 as of September 30, 2014. The line includes certain reporting and financial covenants, is cross-collateralized by accounts receivable and inventory and is guaranteed by two Company executives who are also directors of the Company: Doug Larson, President, and Jeremy Martin, Vice President of Marketing, and by Kevin Sipple, former Vice President of Operations. The line has a maturity date of December 27, 2014. | |
| Notes Payable | |
| The Company has a note payable with ANB Bank. The note bears interest at a fixed rate of 5.0%. The loan is payable at a rate of $17,700 per month, which includes principal and interest. A single “balloon payment” of the entire unpaid balance of principal and interest will be due on February 2, 2022. The Company has a note payable obtained from the Small Business Administration (“SBA). The SBA loan bears interest at a fixed rate of 4.951% for its full 20 year term and is payable at a rate of $10,089 per month until maturity on April 1, 2032. | |
| The above loans are secured by substantially all of the assets of the Company, including the real estate in Eldorado Springs and Louisville, Colorado. The loan agreements specify events of default customary to facilities of their type, including any non-payment of principal, interest or other amounts, misrepresentation of representations and warranties, violation of covenants, certain events of bankruptcy or insolvency, certain material judgments, seizure of assets, or other material adverse changes. Upon the occurrence of an event of default, the payments by the Company of all of its outstanding obligations may be accelerated, and the commitments under the loan agreements may be terminated by the respective lender. The loans are guaranteed by Messrs. Larson, Martin and Sipple. The loan agreements also include certain performance and reporting covenants. | |
| 1. Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
| Sep. 30, 2014 | |
| Accounting Policies [Abstract] | ' |
| Interim Unaudited Financial Statements | ' |
| The accompanying unaudited interim financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial statements and with the instructions to Form 10-Q and Article 10 of Regulation S-X. They do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. | |
| In the opinion of management, the consolidated financial statements include all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the results of operations, financial position and cash flows for the interim periods presented. Operating results for the six months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending March 31, 2015. | |
| These statements should be read in conjunction with the consolidated financial statements and related notes to the consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended March 31, 2014. The accounting policies used in preparing these financial statements are the same as those described in our Form 10-K. | |
| The preparation of these financial statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
| Investments | ' |
| The Company owns shares of capital stock in Farmer’s Reservoir and Irrigation Company (FRICO) – Marshall Division, which entitle the Company to a pro rata share of FRICO’s irrigation system in the Marshall reservoir. See Note 3 for additional information. As the Company’s ownership represents less than 20% ownership of FRICO, the value of this investment is stated at cost and evaluated for impairment if there are indications of such. | |
| Revenue Recognition | ' |
| Revenue is recognized on the sale of products as customer shipments are made. Returns are estimated and recorded at the time of sale. Rental revenue is recognized on a monthly basis upon commencement of the lease agreement. Water utility revenue is recognized on a monthly basis based upon the monthly contracted rate. | |
| Litigation | ' |
| The Company is not currently involved in any legal proceedings. The Company maintains insurance to cover certain liabilities. | |
| Income Taxes | ' |
| The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax liabilities and assets are determined based on the differences between the financial statement and tax basis of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to reverse. The measurement of deferred tax assets is reduced, if necessary, by the amount of any tax benefits that are not expected to be realized based on available evidence. As of March 31, 2013, net operating losses in the amount of approximately $590,000 for state taxes begin to expire in 2028. |
| 2. Stockholders' Equity (Details Narrative) (2008 Incentive Stock Plan) | Sep. 30, 2014 |
| 2008 Incentive Stock Plan | ' |
| Shares available for future grant | 1,950,000 |
| 4. Commitments (Details Narrative) (USD $) | Sep. 30, 2014 |
| Commitments Details Narrative | ' |
| Line of Credit | $0 |
