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PRINCIPAL BUSINESS ACTIVITY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of fair values

At December 31, 2016 and 2015, the fair values of cash, accounts receivable and accounts payable approximated their carrying values because of the short-term nature of these instruments.

 

   2016   2015 
   Carrying Amount   Fair Value   Carrying Amount   Fair Value 
Debt                
Short-term borrowings and long-term debt  $32,689,467   $32,692,672   $25,195,452   $25,195,452 

 

Schedule of liabilities measured on recurring basis

The following tables present the fair values of liabilities measured on a recurring basis as of December 31, 2016 and 2015:

 

       Fair Value Measurements 2016 
Description  Total   Quoted Prices in Active Markets for Identical Assets     (Level 1)   Significant Other Observable Inputs (Level 2)   Significant Unobservable Inputs   (Level 3) 
                 
Interest Rate Swap  $13,685       $13,685     
Total  $13,685       $13,685     

 

       Fair Value Measurements 2015 
Description  Total   Quoted Prices in Active Markets for Identical Assets (Level 1)   Significant Other Observable Inputs (Level 2)   Significant Unobservable Inputs   (Level 3) 
                 
Interest Rate Swap  $4,453       $4,453     
Total  $4,453       $4,453