3. CONTRACT ACCOUNTING AND ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2013

Receivables [Abstract]

Costs in excess of billings and billings in excess of costs

At December 31, 2013, billings in excess of costs and estimated earnings on uncompleted contracts consisted of the following for contracts accounted for using the percentage of completion method of accounting:

Billings and/or cash receipts on uncompleted contract	$	166,334
Less: Revenues recognized		(3,205	)
Billings in excess of costs and estimated earnings on uncompleted contracts	$	163,129

At December 31, 2012, billings in excess of costs and estimated earnings on uncompleted contracts consisted of the following for contracts accounted for using the percentage of completion method of accounting:

Billings and/or cash receipts on uncompleted contract	$	60,000
Less: Revenues recognized		(33,162	)
Billings in excess of costs and estimated earnings on uncompleted contracts	$	26,838

Accounts receivable

At December 31, 2013 and 2012, accounts receivable were as follows:

	December 31, 2013			December 31, 2012
Accounts receivable	$	191,159		$	342,770
Less: Allowance for doubtful accounts		(11,700	)		(13,254	)
Accounts receivable, Net	$	179,459		$	329,516