9. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Years Ended December 31,
	2016			2015			2014
Federal:
Current	$	(1,192,764	)	$	2,656,870		$	3,656,356
Deferred		(296,045	)		287,755			848,666
Total Federal		(1,488,809	)		2,944,625			4,505,022
State & local:
Current		151,728			81,433			203,144
Deferred		(349,284	)		86,863			140,552
Total State & local		(197,556	)		168,296			343,696
Foreign
Current		164,950			13,391			46,911
Deferred		42,337			(41,969	)		255
Total Foreign		207,287			(28,578	)		47,166
Total	$	(1,479,078	)	$	3,084,343		$	4,895,884

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Years Ended December 31,
	2016			2015			2014
Expected expense at statutory rate	$	(1,270,003	)	$	3,404,159		$	5,147,234
Increase (decrease) in income taxes resulting from:
Exempt income from Dominican Republic operations due to tax holiday		(2,367,810	)		(2,816,963	)		(3,477,301	)
Tax on repatriated earnings from Dominican Republic operations		2,050,314			2,556,940			3,090,036
Impact of Canadian deemed dividend		7,353			-			12,703
State and local income taxes		(99,699	)		67,886			284,838
Section 199 manufacturing deduction		-			(194,498	)		(135,690	)
Meals and entertainment		100,288			98,082			91,475
Nondeductible penalties		3,847			5,998			1,563
Provision to return filing adjustments and other		96,632			(37,261	)		(118,974	)
Total	$	(1,479,078	)	$	3,084,343		$	4,895,884

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
	2016			2015
Deferred tax assets:
Asset valuation allowances and accrued expenses	$	242,916		$	510,798
Inventories		491,371			563,815
State and local income taxes		302,929			425,179
Pension and deferred compensation		63,214			72,004
Net operating losses		736,519			650,620
Total deferred tax assets		1,836,949			2,222,416
Valuation allowances		(471,159	)		(569,459	)
Total deferred tax assets		1,365,790			1,652,957
Deferred tax liabilities:
Fixed assets		(1,676,813	)		(1,655,838	)
Intangible assets		(10,337,533	)		(11,185,988	)
Other assets		(337,972	)		(400,651	)
Tollgate tax on Lifestyle earnings		(379,271	)		(379,271	)
Total deferred tax liabilities		(12,731,589	)		(13,621,748	)
Net deferred tax liability	$	(11,365,800	)	$	(11,968,791	)
Deferred income taxes - current	$	1,633,353		$	1,031,818
Deferred income taxes - non-current		(12,999,153	)		(13,000,609	)
	$	(11,365,800	)	$	(11,968,791	)