10-Q Filing

MAUI LAND & PINEAPPLE CO INC CIK: 63330 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-036657`
Period End Date	20130331
Filing Date	20130502
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	mlp-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 55 Cash Flow Statement 34 Stockholders Equity 22

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$94.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$262.00K	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	43.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$890.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	43.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.70M	shares	Point-in-time
Accounts receivable, less allowance of $94 and $262 for doubtful accounts	`AccountsReceivableNetCurrent`	$1.43M	USD	Point-in-time
Accounts receivable, less allowance of $94 and $262 for doubtful accounts	`AccountsReceivableNetCurrent`	$1.14M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.66M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.70M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$466.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.66M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$533.00K	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$2.48M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$2.52M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.94M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.92M	USD	Point-in-time
PROPERTY	`PropertyPlantAndEquipmentGross`	$83.17M	USD	Point-in-time
PROPERTY	`PropertyPlantAndEquipmentGross`	$83.17M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$37.67M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.35M	USD	Point-in-time
Net Property	`PropertyPlantAndEquipmentNet`	$45.50M	USD	Point-in-time
Net Property	`PropertyPlantAndEquipmentNet`	$44.81M	USD	Point-in-time
Deferred development costs	`DeferredCosts`	$7.64M	USD	Point-in-time
Deferred development costs	`DeferredCosts`	$7.61M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$3.44M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$3.46M	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$11.08M	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$11.07M	USD	Point-in-time
TOTAL	`Assets`	$61.48M	USD	Point-in-time
TOTAL	`Assets`	$60.84M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.07M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.07M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$670.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$1.34M	USD	Point-in-time
Payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$173.00K	USD	Point-in-time
Payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$151.00K	USD	Point-in-time
Current portion of accrued retirement benefits	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent`	$636.00K	USD	Point-in-time
Current portion of accrued retirement benefits	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent`	$626.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.46M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.47M	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$48.00K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$466.00K	USD	Point-in-time
Accrued contract terminations	`ContractTerminationAccrualsCurrent`	$4.09M	USD	Point-in-time
Accrued contract terminations	`ContractTerminationAccrualsCurrent`	$4.09M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$1.89M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$1.90M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.69M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.47M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$45.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$46.90M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$30.39M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$29.85M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.46M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.57M	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$81.16M	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$82.21M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock--no par value, 43,000,000 shares authorized, 18,698,714 and 18,664,068 shares issued and outstanding	`CommonStockValue`	$76.58M	USD	Point-in-time
Common stock--no par value, 43,000,000 shares authorized, 18,698,714 and 18,664,068 shares issued and outstanding	`CommonStockValue`	$76.41M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$9.24M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$9.24M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-92.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.42M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-26.25M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-26.10M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-35.84M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-34.36M	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$61.48M	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$60.84M	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Loss from Continuing Operations, income taxes	`IncomeTaxExpenseBenefitContinuingOperations`	-	USD	1 Quarter
Loss from Continuing Operations, income taxes	`IncomeTaxExpenseBenefitContinuingOperations`	-	USD	1 Quarter
Loss from Discontinued Operations (Note 6), income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Loss from Discontinued Operations (Note 6), income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Pension, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	-	USD	1 Quarter
Sales	`SalesOfRealEstate`	$1.50M	USD	1 Quarter
Pension, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	-	USD	1 Quarter
Commissions	`OtherRealEstateRevenue`	$96.00K	USD	1 Quarter
Commissions	`OtherRealEstateRevenue`	$319.00K	USD	1 Quarter
Leasing	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.33M	USD	1 Quarter
Leasing	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.50M	USD	1 Quarter
Utilities	`UtilityRevenue`	$827.00K	USD	1 Quarter
Utilities	`UtilityRevenue`	$829.00K	USD	1 Quarter
Resort amenities and other	`SalesRevenueServicesNet`	$1.10M	USD	1 Quarter
Resort amenities and other	`SalesRevenueServicesNet`	$1.16M	USD	1 Quarter
Total Operating Revenues	`Revenues`	$3.35M	USD	1 Quarter
Total Operating Revenues	`Revenues`	$5.31M	USD	1 Quarter
Cost of sales	`CostOfRealEstateSales`	$149.00K	USD	1 Quarter
Other	`CostOfOtherPropertyOperatingExpense`	$397.00K	USD	1 Quarter
Other	`CostOfOtherPropertyOperatingExpense`	$443.00K	USD	1 Quarter
Leasing	`LeasingExpense`	$679.00K	USD	1 Quarter
Leasing	`LeasingExpense`	$780.00K	USD	1 Quarter
Utilities	`UtilitiesOperatingExpense`	$624.00K	USD	1 Quarter
Utilities	`UtilitiesOperatingExpense`	$555.00K	USD	1 Quarter
Resort amenities and other	`CostOfServices`	$1.08M	USD	1 Quarter
Resort amenities and other	`CostOfServices`	$1.10M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$62.00K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$37.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$704.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
Gain on asset dispositions	`GainLossOnDispositionOfAssets`	$203.00K	USD	1 Quarter
Depreciation	`Depreciation`	$734.00K	USD	1 Quarter
Depreciation	`Depreciation`	$687.00K	USD	1 Quarter
Pension and other postretirement expense (Note 10)	`PensionAndOtherPostretirementBenefitExpense`	$266.00K	USD	1 Quarter
Pension and other postretirement expense (Note 10)	`PensionAndOtherPostretirementBenefitExpense`	$222.00K	USD	1 Quarter
Total Operating Costs and Expenses	`OperatingExpenses`	$4.90M	USD	1 Quarter
Total Operating Costs and Expenses	`OperatingExpenses`	$4.47M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.11M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$407.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-694.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-634.00K	USD	1 Quarter
Loss from Continuing Operations, net of income taxes of $0	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-227.00K	USD	1 Quarter
Loss from Continuing Operations, net of income taxes of $0	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.81M	USD	1 Quarter
Loss from Discontinued Operations (Note 6), net of income taxes of $0	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-8.00K	USD	1 Quarter
Loss from Discontinued Operations (Note 6), net of income taxes of $0	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-17.00K	USD	1 Quarter
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.81M	USD	1 Quarter
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-244.00K	USD	1 Quarter
Pension, net of income taxes of $0	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax`	$185.00K	USD	1 Quarter
Pension, net of income taxes of $0	`OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax`	$228.00K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-1.59M	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-59.00K	USD	1 Quarter
Continuing Operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.10	USD	1 Quarter
Continuing Operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
Net Loss (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-428.00K	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-1.76M	USD	1 Quarter
Purchases of property	`PaymentsToAcquireProductiveAssets`	$12.00K	USD	1 Quarter
Purchases of property	`PaymentsToAcquireProductiveAssets`	$4.00K	USD	1 Quarter
Proceeds from disposals of property	`ProceedsFromSaleOfProductiveAssets`	$309.00K	USD	1 Quarter
Payments for other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$47.00K	USD	1 Quarter
Payments for other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$39.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-43.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$250.00K	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.70M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.40M	USD	1 Quarter
Payments of long-term debt and capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.45M	USD	1 Quarter
Debt issuance costs and other	`PaymentOfFinancingAndStockIssuanceCosts`	$270.00K	USD	1 Quarter
Debt issuance costs and other	`PaymentOfFinancingAndStockIssuanceCosts`	$82.00K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.43M	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$865.00K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$687.00K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-372.00K	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$890.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$890.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
Interest (net of amounts capitalized)	`InterestPaidNet`	$543.00K	USD	1 Quarter
Interest (net of amounts capitalized)	`InterestPaidNet`	$566.00K	USD	1 Quarter
Amounts included in trade accounts payable for additions to property and for other investing activities	`CapitalExpendituresIncurredButNotYetPaid`	$64.00K	USD	1 Quarter
Amounts included in trade accounts payable for additions to property and for other investing activities	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	1 Quarter
Funds related to the sale of property, held in escrow pending the completion of post-closing obligations	`EscrowDepositsRelatedToPropertySales`	$250.00K	USD	1 Quarter
Funds related to the sale of property, held in escrow pending the completion of post-closing obligations	`EscrowDepositsRelatedToPropertySales`	$150.00K	USD	1 Quarter
Common stock issued to certain members of the Company's management	`StockIssued1`	$150.30K	USD	1 Quarter
Common stock issued to certain members of the Company's management	`StockIssued1`	$133.10K	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-26.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$-26.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$-35.84M	USD	Point-in-time
Balance	`StockholdersEquity`	$-34.36M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	18.70M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	18.66M	shares	Point-in-time
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$147.00K	USD	1 Quarter
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$108.00K	USD	1 Quarter
Issuance of shares for incentive plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$133.00K	USD	1 Quarter
Issuance of shares for incentive plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$150.00K	USD	1 Quarter
Shares cancelled to pay tax liability	`StockRepurchasedAndRetiredDuringPeriodValue`	$82.00K	USD	1 Quarter
Shares cancelled to pay tax liability	`StockRepurchasedAndRetiredDuringPeriodValue`	$70.00K	USD	1 Quarter
Other Comprehensive Income - Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-162.00K	USD	1 Quarter
Other Comprehensive Income - Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-185.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.81M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-244.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$-26.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$-26.10M	USD	Point-in-time
Balance	`StockholdersEquity`	$-35.84M	USD	Point-in-time
Balance	`StockholdersEquity`	$-34.36M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	18.70M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	18.66M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.