3. FIXED ASSETS

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

3. FIXED ASSETS

Fixed assets are comprised of the following:

	December 31,
	2016			2015
Land	$	671,035		$	671,035
Buildings		20,606,826			19,247,770
Machinery and equipment		45,124,554			40,611,815
Furniture and fixtures		2,849,091			2,722,751
Lasts, dies and patterns		15,593,484			13,811,676
Construction work-in-progress		464,345			3,161,533
Total		85,309,335			80,226,580
Less - accumulated depreciation		(58,797,842	)		(52,390,053	)
Net Fixed Assets	$	26,511,493		$	27,836,527

We incurred approximately $7,589,000, $7,053,000, and $6,807,000 in depreciation expense for 2016, 2015 and 2014, respectively.