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EXCEL - IDEA: XBRL DOCUMENT - ACME UNITED CORPFinancial_Report.xls
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v2.4.0.6
Contingencies (Details Narrative) (USD $)
1 Months Ended 9 Months Ended
Dec. 31, 2008
Sep. 30, 2012
Y
Dec. 31, 2011
Notes to Financial Statements      
Description of property sale

In December 2008, the Company sold property it owned in Bridgeport, Connecticut to B&E Juices, Inc. for $2.5 million, of which $2.0 million is secured by a mortgage on the property.  The property consists of approximately four acres of land and 48,000 sq. feet of warehouse space.  The property was the site of the Company’s original scissor factory which opened in 1887 and was closed in 1996.

   
Proceeds from sale of property $ 2,500,000    
Mortgage receivable from sale of property 2,000,000    
Interest rate on mortgage receivable   6.00%  
Undiscounted environmental remediation liability 1,800,000    
Accrual for environmental remediation and monitoring   148,000 239,000
Accrual for environmental remediation and monitoring, current   $ 30,000  
Minimum environmental remediation monitoring period (in years)   2