Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 1,595,665 $ 373,482
Restricted cash 619,355 0
Other current assets 16,114 8,144
Current portion of long-term notes receivable 60,000 2,346,053
Marketable securities - trading 28,368 0
Real estate held for sale 4,751,979 6,413,635
Current assets of discontinued operations 0 2,096,841
Total current assets 7,071,481 11,238,155
Long-term notes receivable, less current portion 767,452 485,690
Oil and gas properties, costs subject to amortization 88,086 87,541
Oil and gas properties, costs not subject to amortization 91,900 341,900
Property and equipment, net of accumulated depreciation 24,083 25,415
Marketable securities - available for sale 2,600 63,250
Other assets 4,005 4,005
Long-term assets of discontinued operations 0 409,194
Total assets 8,049,607 12,655,150
Current liabilities:    
Accounts payable and accrued expenses 1,780,313 1,532,104
Accounts payable to related parties 131,124 235,124
Short-term notes payable 0 131,081
Current portion of long-term debt 18,544 241,902
Current liabilities of discontinued operations 0 492,395
Total current liabilities 1,929,981 2,632,606
Asset retirement obligations 6,650 5,621
Long-term debt, less current portion 355,236 454,286
Long-term related party debt 300,000 300,000
Long-term liabilities of discontinued operations 0 2,013,640
Total liabilities $ 2,591,867 $ 5,406,153
Commitments and contingencies
Equity:    
Preferred stock, $0.001 par value, 1,000,000 shares authorized, 1,000 shares issued and outstanding $ 1 $ 1
Common stock, $0.001 par value, 50,000,000 shares authorized; 2,208,456 and 2,415,986 shares issued, respectively; 2,218,418 and 2,410,948 shares outstanding, respectively 2,208 2,424
Less: treasury stock, at cost; 50,952 and 259,393 shares, respectively (929,591) (1,155,084)
Additional paid-in capital 38,938,302 39,150,266
Accumulated deficit (31,067,364) (29,396,383)
Accumulated other comprehensive loss (1,402,400) (1,341,750)
Total equity attributable to American International Industries, Inc. 5,541,156 7,259,474
Non-controlling interest (83,416) (10,477)
Total equity 5,457,740 7,248,997
Total liabilities and equity $ 8,049,607 $ 12,655,150