L. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Reconcilation of tax expense

	2015			2014
Tax provision (benefits) computed at the statutory rate	$	2,709		$	83,192
State taxes		8,850			(26,756	)
Book expenses not deductible for tax purposes		28,811			20,846
Expired capital losses		149,838			(176,627	)
Other		(9,300	)		(345	)
		180,908			(99,690	)
Change in valuation allowance for deferred tax assets		16,164			301,543
Income tax expense	$	197,072		$	201,853

Schedule of deferred tax asset and liability

	2015			2014
Deferred Tax Assets:
Net operating loss carry forwards	$	32,047,724		$	31,909,052
Intangibles		991,875			1,141,121
Other		726,013			728,937
Total deferred tax assets		33,765,612			33,779,110
Deferred Tax Liabilities:
Intangibles		(734,047	)		(534,661	)
Total deferred tax liabilities		(734,047	)		(534,661	)
Valuation allowance		(33,765,612	)		(33,779,110	)
Net deferred tax liabilities	$	(734,047	)	$	(534,661	)