Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents (VIE $111,000 and $82,000, respectively)	$ 623,880	$ 346,404
Accounts receivable, (less allowance for doubtful accounts of $132,000 and $126,000, respectively) (VIE $54,000 and $4,000, respectively)	10,180,931	11,410,999
Inventories, net (VIE $1,292,000 and $1,264,000, respectively)	22,942,341	17,869,911
Net deferred income tax asset	749,089	761,096
Prepaid expenses (VIE $17,000 and $17,000, respectively)	957,138	1,057,464
Other current assets (VIE $51,000 and $33,000, respectively)	845,198	991,297
Total current assets	36,298,577	32,437,171
Property, plant and equipment:
Machinery and equipment (VIE $0 and $546,000, respectively)	26,582,044	26,847,110
Building	3,378,006	3,360,017
Office furniture and equipment (VIE $120,000 and $66,000, respectively)	3,614,814	3,512,613
Intellectual property	482,088	482,088
Land	250,000	250,000
Leasehold improvements	405,306	624,902
Fixtures and equipment at customer locations	3,187,724	3,174,535
Projects under construction	629,731	773,985
Property, Plant and Equipment, Gross	38,529,713	39,025,250
Less : accumulated depreciation and amortization (VIE $27,000 and $150,000, respectively)	(33,010,749)	(32,471,694)
Total property, plant and equipment, net	5,518,964	6,553,556
Other assets:
Deferred financing costs, net	67,528	112,615
Goodwill (VIE $440,000 and $440,000, respectively)	1,473,176	1,473,176
Net deferred income tax asset	1,171,071	986,181
Other assets (due from related party $47,000 and $46,000, respectively)	467,813	242,270
Total other assets	3,179,588	2,814,242
TOTAL ASSETS	44,997,129	41,804,969
Current liabilities:
Checks written in excess of bank balance (VIE $19,000 and $8,000, respectively)	1,513,387	1,481,827
Trade payables (VIE $235,000 and $238,000, respectively)	7,420,049	4,271,860
Line of credit (VIE $426,000 and $484,000, respectively)	10,362,330	10,952,924
Notes payable - current portion (net discount of $158,000 and $171,000, respectively) (VIE $0 and $311,000, respectively)	1,754,281	501,710
Notes payable - officers, current portion	900,000	0
Notes payable - affiliates, current portion	8,435	8,670
Capital Lease - current portion	41,623	41,204
Accrued liabilities (VIE $964,000 and $655,000, respectively)	2,968,488	2,942,481
Total current liabilities	24,968,593	20,200,676
Long-term liabilities:
Notes payable - affiliates	223,539	266,835
Notes payable, net of current portion (net of deferred financing fees of $0 and $113,000, respectively) (VIE $357,000 and $200, respectively)	5,356,747	6,665,700
Notes payable - officers, subordinated	1,392,268	1,323,139
Capital lease	14,283	45,351
Deferred gain	346,074	0
Total long-term debt, net of current portion	7,332,911	8,301,025
Warrants Payable	893,506	714,245
Total long-term liabilities	8,226,417	9,015,270
CTI Industries Corporation stockholders’ equity:
Preferred Stock — no par value, 2,000,000 shares authorized, 0 shares issued and outstanding	0	0
Common stock - no par value, 5,000,000 shares authorized, 3,568,012 shares issued and 3,524,354 shares outstanding	13,898,494	13,775,994
Paid-in-capital	2,244,849	1,577,807
Accumulated earnings	1,414,146	1,670,788
Accumulated other comprehensive loss	(4,916,462)	(4,076,318)
Less: Treasury stock, 75,627 shares	(160,784)	(160,784)
Total CTI Industries Corporation stockholders’ equity	12,480,243	12,787,487
Noncontrolling interest	(678,124)	(198,464)
Total Equity	11,802,119	12,589,023
TOTAL LIABILITIES AND EQUITY	$ 44,997,129	$ 41,804,969