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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Short-Term Investments and Invetory (Details) - USD ($)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2015
Short-term investments    
Short-term investments $ 1,766,000 $ 0
Inventories    
Reserve for inventory obsolescence 11,000 7,000
Major components of inventories, net of the allowance for obsolescence    
Raw materials 2,020,151 1,640,098
Work-in-progress 407,964 375,229
Finished goods 1,517,151 1,336,707
Reduction to LIFO cost (1,314,616) (1,232,229)
Total inventory $ 2,630,650 $ 2,119,805
Certificates of Deposit | Minimum    
Short-term investments    
Maturity period 4 months  
Certificates of Deposit | Maximum    
Short-term investments    
Maturity period 12 months