FINANCING ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2015

FINANCING ARRANGEMENTS.

Summary of long-term debt balances

	March 31		December 31
	2015		2014
Real Estate Term Loan 1, interest at three month LIBOR + 3.0%, due in installments through March 31, 2027	$	1,385,845	$	1,415,461
Real Estate Term Loan 2, interest at three month LIBOR + 3.0%, due in installments through December 31, 2027	1,432,200		1,460,100
Equipment loan, interest at three month LIBOR + 3.0%, due January 31, 2016	79,167		102,917
Equipment loan, interest at three month LIBOR + 3.0%, due May 31, 2018	1,053,372		1,117,863
Equipment loan, interest at three month LIBOR + 3.0%, due May 31, 2018	678,549		349,000
Blue Earth Bond, which bears a variable interest rate, due in installments through June 30, 2021	360,000		360,000
Total debt	4,989,133		4,805,341
Less current maturities	782,912		732,835
Long-term debt	$	4,206,221	$	4,072,506