Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

2. Property, Plant, and Equipment

Property, plant, and equipment at December 31, 2014 and 2013, consist of the following:

	2014		2013

Land and land improvements	$	883,563	$	883,563
Building		9,966,748		9,945,187
Machinery and equipment		4,355,040		3,785,949
Office equipment		1,235,192		1,236,303
Computer equipment and software		2,505,229		2,690,294
		18,945,772		18,541,296
Less accumulated depreciation		12,019,802		11,805,877
	$	6,925,970	$	6,735,419

For the years ended December 31, 2014 and 2013, depreciation expense was $691,603 and $750,267, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details