9. LONG-TERM DEBT (Tables)

3 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]

The Company's credit facility borrowings consist of the following:

	June 30, 2017		December 31, 2016		June 30, 2016
LIBOR borrowings (1)	$	7,000,000	$	12,000,000	$	22,000,000
Prime borrowings (2)		1,618,697		2,584,008		1,503,226
Total credit facility borrowings	$	8,618,697	$	14,584,008	$	23,503,226

    (1) June 30, 2017 effective rate of 2.41%. Variable effective rate at June 30, 2017, based on LIBOR + 1.25% 

    (2) June 30, 2017 effective rate of 4.00%. Variable effective rate at June 30, 2017, based on Prime - 0.25%