5. FIXED ASSETS

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

5. FIXED ASSETS

Fixed assets are comprised of the following:

	December 31,
	2015			2014
Land	$	671,035		$	671,035
Buildings		19,247,770			19,027,998
Machinery and equipment		40,611,815			39,206,408
Furniture and fixtures		2,722,751			2,491,295
Lasts, dies and patterns		13,811,676			12,131,234
Construction work-in-progress		3,161,533			281,198
Total		80,226,580			73,809,168
Less - accumulated depreciation		(52,390,053	)		(47,544,527	)
Net Fixed Assets	$	27,836,527		$	26,264,641

We incurred approximately $7,053,000, $6,807,000 and $6,204,000 in depreciation expense for 2015, 2014 and 2013, respectively.