Accounts Receivable

9 Months Ended

Sep. 30, 2016

Accounts Receivable/Restricted Net Assets [Abstract]

ACCOUNTS RECEIVABLE

NOTE 2 – ACCOUNTS RECEIVABLE

At September 30, 2016 and December 31, 2015, accounts receivable consisted of the following:

	September 30, 2016			December 31, 2015
Accounts receivable	$	17,135,173		$	19,042,451
Less: allowance for doubtful accounts		(1,418,994	)		(3,218,592	)
	$	15,716,179		$	15,823,859

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. During the nine months ended September 30, 2016 and 2015, accounts with the amount of approximately $1,737,000 and $6,000 were written off after exhaustive efforts at collection with a corresponding debit to the allowance for doubtful account. The write-offs of accounts receivable against the allowance for doubtful accounts only impact the balance sheet accounts.