XML 22 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
FINANCING ARRANGEMENTS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Dec. 31, 2013
Financing arrangements      
Outstanding balance     $ 7,234,983
Total long-term debt 4,882,100 4,882,100 4,879,090
Less current maturities 737,961 737,961 632,176
Long-term debt - net of current maturities 4,144,139 4,144,139 4,246,914
Future maturity requirements for long-term debt      
Total long-term debt 4,882,100 4,882,100 4,879,090
Line of Credit [Member]
     
Financing arrangements      
Maximum borrowing capacity 13,500,000 13,500,000  
Variable rate basis   three-month LIBOR  
Interest rate margin on variable rate basis (as a percent)   2.50%  
Interest rate (as a percent) 2.75% 2.75%  
Weighted-average interest rate (as a percent) 2.70% 2.90%  
Outstanding balance 7,831,089 7,831,089 7,234,983
Unused availability supported by entity's borrowing base 4,300,000 4,300,000  
Real estate term note [Member]
     
Financing arrangements      
Variable rate basis   three-month LIBOR  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Interest rate (as a percent) 3.25% 3.25%  
Weighted-average interest rate (as a percent) 3.30% 3.40%  
Real Estate Term Loan 1 Maturing on 31, March 2027 [Member]
     
Financing arrangements      
Debt instrument, face amount 1,800,000 1,800,000  
Variable rate basis   three month LIBOR  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Total long-term debt 1,445,078 1,445,078 1,533,928
Future maturity requirements for long-term debt      
Total long-term debt 1,445,078 1,445,078 1,533,928
Real Estate Term Loan 2 Maturing On 31 December 2027 [Member]
     
Financing arrangements      
Debt instrument, face amount 1,700,000 1,700,000  
Variable rate basis   three month LIBOR  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Total long-term debt 1,488,000 1,488,000 1,571,700
Future maturity requirements for long-term debt      
Total long-term debt 1,488,000 1,488,000 1,571,700
Term Loan [Member]
     
Financing arrangements      
Outstanding balance 300,000 300,000  
Term Loan [Member] | Maximum [Member]
     
Financing arrangements      
Debt instrument, face amount 1,000,000 1,000,000  
Equipment Term Loan [Member]
     
Financing arrangements      
Debt instrument, face amount 1,600,000 1,600,000  
Equipment Loan Due January 2016 Member
     
Financing arrangements      
Variable rate basis   three month LIBOR  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Total long-term debt 126,666 126,666 197,916
Future maturity requirements for long-term debt      
Total long-term debt 126,666 126,666 197,916
Equipment Loan One Due May 2018 Member
     
Financing arrangements      
Variable rate basis   three month LIBOR  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Total long-term debt 1,182,356 1,182,356 1,135,546
Future maturity requirements for long-term debt      
Total long-term debt 1,182,356 1,182,356 1,135,546
Equipment Loan Two Due May 2018 Member
     
Financing arrangements      
Variable rate basis   three  
Interest rate margin on variable rate basis (as a percent)   3.00%  
Total long-term debt 280,000 280,000  
Future maturity requirements for long-term debt      
Total long-term debt 280,000 280,000  
Blue Earth Bond [Member]
     
Financing arrangements      
Total long-term debt 360,000 360,000 440,000
Future maturity requirements for long-term debt      
Total long-term debt $ 360,000 $ 360,000 $ 440,000