FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2015

FINANCING ARRANGEMENTS.

Summary of long-term debt balances

	September 30			December 31
	2015			2014
Real Estate Term Loan 1, interest at three month LIBOR + 2.75%, due in installments through March 31, 2027	$	1,326,611		$	1,415,461
Real Estate Term Loan 2, interest at three month LIBOR + 2.75%, due in installments through December 31, 2027	1,376,400			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	2,552,480			—
Blue Earth Bond, which bears a variable interest rate, due in installments through June 30, 2021	280,000			360,000
Devicix Acq Note 1, subordinate debt, interest at 4.0% due July 1, 2019	942,070
Devicix Acq Note 2, subordinate debt, interest at 4.0% due July 1, 2019	1,224,691
Discount on Devicix Notes Payable	(151,984		)
Debt Issuance Costs	(48,744		)	—
Total debt	7,501,524			4,805,341
Less current maturities	1,399,860			732,835
Long-term debt	$	6,101,664		$	4,072,506