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COSTS, BILLINGS, AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables) | 12 Months Ended
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Dec. 31, 2013
COSTS, BILLINGS, AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS |
Schedule of components of uncompleted contracts | The components of uncompleted contracts are as follows at December 31:
|  | 2013 |  | 2012 |
Costs incurred on uncompleted contracts and estimated earnings |  | $ | 2,476,716 |  | $ | 11,299,753 |
Less billings to date |  | (816,989 | ) | (8,793,159 | )
|  | $ | 1,659,727 |  | $ | 2,506,594 |
Schedule of components of uncompleted contracts reflected in the consolidated balance sheets | The components of uncompleted contracts are reflected in the consolidated balance sheets as follows at December 31:
|  | 2013 |  | 2012 |
Costs and estimated earnings in excess of billings on uncompleted contracts |  | $ | 2,312,947 |  | $ | 6,263,943 |
Billings in excess of costs and estimated earnings on uncompleted contracts |  | (653,220 | ) | (3,757,349 | )
|  | $ | 1,659,727 |  | $ | 2,506,594 |

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