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Inventories | 12 Months Ended
--- | ---
Dec. 31, 2015
Inventory Disclosure [Abstract] |
Inventories | 3. Inventories
|  | December 31,
Inventories consisted of: |  | 2015 |  | 2014
Finished goods |  | $ | 29,802,745 |  |  | $ | 28,712,961 |
Work in process |  |  | 169,540 |  |  |  | 522,377 |
Materials and supplies |  |  | 5,535,306 |  |  |  | 4,435,860 |
|  | $ | 35,507,591 |  |  | $ | 33,671,198 |
Inventories are stated net of valuation allowances for slow moving and obsolete inventory of $698,592 as of December 31, 2015 and $825,087 as of December 31, 2014.

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- Definition The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 6 -Subparagraph a, b, c -Article 5 + Details
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