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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Property, Plant and Equipment
 
  
Useful Lives
in Years
Buildings
  
40
Manufacturing machinery and equipment
  
5 - 10
Furniture, fixtures, computer hardware/software
  
3 - 7
Leasehold improvements
  
life of lease
The following table summarizes property, plant and equipment as of December 31, 2016 and December 31, 2015:
 
 
 
As of December 31,
 
 
2016
 
2015
Building
 
$
5,828,960

 
$
5,828,960

Furniture, fixtures, computer hardware and computer software
 
489,421

 
480,976

Manufacturing machinery and equipment
 
30,321,079

 
31,265,800

Depreciable property, plant and equipment
 
36,639,460

 
37,575,736

Manufacturing machinery and equipment in progress
 

 

Property, plant and equipment
 
36,639,460

 
37,575,736

Less: Accumulated depreciation and amortization
 
(30,983,448
)
 
(28,484,708
)
Net property, plant and equipment
 
$
5,656,012

 
$
9,091,028