UNCOMPLETED CONTRACTS (Details) - USD ($) |
6 Months Ended | 12 Months Ended | |||
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Jun. 30, 2017 |
Dec. 31, 2016 |
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Less: Billings to date | $ 2,092,100 | $ 3,063,500 | |||
Costs and estimated earnings in excess of billings on uncompleted contracts | 112,300 | 13,600 | [1] | ||
Revenue recognized | (1,841,700) | (1,972,700) | |||
Billings in excess of costs and estimated earnings on uncompleted contracts | 250,400 | 1,090,800 | |||
Contracts Receivable [Member] | |||||
Revenue Recognized | 316,000 | 324,500 | |||
Less: Billings to date | $ (203,700) | $ (310,900) | |||
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- Definition Amount of revenue recognized. No definition available.
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X | ||||||||||
- Definition Amounts due for billed services rendered or to be rendered, actions taken or to be taken, or a promise to refrain from taking certain actions in accordance with the terms of a legally binding agreement between the Company and, at a minimum, one other party. An example would be amounts billed to customers under contracts or programs but not paid as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- 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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X | ||||||||||
- 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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X | ||||||||||
- 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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- Details
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