FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2015

FINANCING ARRANGEMENTS.

Summary of long-term debt balances

	June 30			December 31
	2015			2014
Real Estate Term Loan 1, interest at three month LIBOR + 2.75%, due in installments through March 31, 2027	$	1,356,228		$	1,415,461
Real Estate Term Loan 2, interest at three month LIBOR + 2.75%, due in installments through December 31, 2027	1,404,300			1,460,100
Equipment loan, interest at three month LIBOR + 2.75%, due January 31, 2016	—			102,917
Equipment loan, interest at three month LIBOR + 2.75%, due May 31, 2018	—			1,117,863
Equipment loan, interest at three month LIBOR + 2.75%, due May 31, 2018	—			349,000
Equipment loan, interest at three month LIBOR + 2.75%, due May 31, 2018	2,689,220			—
Blue Earth Bond, which bears a variable interest rate, due in installments through June 30, 2021	280,000			360,000
Debt Issuance Costs	(53,315		)	—
Total debt	5,676,433			4,805,341
Less current maturities	857,027			732,835
Long-term debt	$	4,819,406		$	4,072,506