SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - A/R, Inventories, and Intangibles (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
Dec. 31, 2015 |
|
| Accounts Receivable and Allowance for Doubtful Accounts | |||||
| Allowance for doubtful accounts | $ 633,000 | $ 633,000 | $ 320,000 | ||
| Amount increased in provision for doubtful accounts | 456,000 | 456,000 | |||
| Inventories | |||||
| Raw Materials | 14,868,590 | 14,868,590 | 13,782,411 | ||
| Work in Process | 4,684,076 | 4,684,076 | 4,674,223 | ||
| Finished Goods | 2,835,128 | 2,835,128 | 2,478,423 | ||
| Reserve | (645,271) | (645,271) | (749,612) | ||
| Total | 21,742,523 | 21,742,523 | 20,185,445 | ||
| Impairment Analysis | |||||
| Impairment charges recognized | 0 | 0 | |||
| Finite-Lived Intangible Assets | |||||
| Gross carrying amount | 2,195,373 | 2,195,373 | 2,195,373 | ||
| Accumulated amortization | 285,945 | 285,945 | 142,953 | ||
| Net Book Value Amount | 1,909,428 | 1,909,428 | 2,052,420 | ||
| Amortization expense | 47,663 | $ 47,665 | 142,992 | $ 50,312 | |
| Estimated future amortization expense | |||||
| Remainder of 2016 | 31,000 | 31,000 | |||
| 2017 | 191,000 | 191,000 | |||
| 2018 | 191,000 | 191,000 | |||
| 2019 | 191,000 | 191,000 | |||
| 2020 | 191,000 | 191,000 | |||
| Thereafter | 1,114,428 | 1,114,428 | |||
| Total | 1,909,428 | 1,909,428 | 2,052,420 | ||
| Customer Relationships | |||||
| Finite-Lived Intangible Assets | |||||
| Gross carrying amount | 1,302,000 | 1,302,000 | 1,302,000 | ||
| Accumulated amortization | 180,830 | 180,830 | 72,333 | ||
| Net Book Value Amount | 1,121,170 | 1,121,170 | 1,229,667 | ||
| Estimated future amortization expense | |||||
| Total | 1,121,170 | 1,121,170 | 1,229,667 | ||
| Trade Names | |||||
| Finite-Lived Intangible Assets | |||||
| Gross carrying amount | 814,000 | 814,000 | 814,000 | ||
| Accumulated amortization | 50,875 | 50,875 | 20,350 | ||
| Net Book Value Amount | 763,125 | 763,125 | 793,650 | ||
| Estimated future amortization expense | |||||
| Total | 763,125 | 763,125 | 793,650 | ||
| Bond Issue Costs | |||||
| Finite-Lived Intangible Assets | |||||
| Gross carrying amount | 79,373 | 79,373 | 79,373 | ||
| Accumulated amortization | 54,240 | 54,240 | 50,270 | ||
| Net Book Value Amount | 25,133 | 25,133 | 29,103 | ||
| Estimated future amortization expense | |||||
| Total | $ 25,133 | $ 25,133 | $ 29,103 | ||