UNCOMPLETED CONTRACTS (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2016 |
Dec. 31, 2015 |
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Costs and estimated earnings in excess of billings on uncompleted contracts | $ 13,600 | $ 204,000 |
Contracts - Costs in Excess [Member] | ||
Revenue Recognized | 324,500 | 1,814,300 |
Billings to date | 310,900 | 1,610,300 |
Costs and estimated earnings in excess of billings on uncompleted contracts | 13,600 | 204,000 |
Contracts - Billings in Excess [Member] | ||
Revenue Recognized | 1,972,700 | 1,685,500 |
Billings to date | 3,063,500 | 2,273,400 |
Billings in excess of costs and estimated earnings on uncompleted contracts | $ 1,090,800 | $ 587,900 |
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- Definition The amount of billings to date for uncompleted contracts. No definition available.
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- Definition Liability attributable to (i) billings in excess of costs under the percentage of completion contract accounting method representing the difference between contractually invoiced amounts (billings) and revenue recognized based, for example, on costs incurred to estimated total costs at period end or (ii) contractually invoiced amounts (billings) in excess of costs incurred and accumulated under the completed contract accounting method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue earned from products sold or services provided under the terms of a contract, including, but not limited to, government contracts and construction contracts, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of receivable reflecting the cost incurred on uncompleted contracts in excess of related billings which is expected to be collected within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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