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INVENTORY(Tables) | 12 Months Ended
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Dec. 31, 2014
INVENTORY (Tables) |
Inventory consists | Inventory consisted of the following:
|  | December 31, |  |  | December 31, |
|  | 2014 |  |  | 2013 |
Raw materials |  | $ | 18,819,570 |  |  | $ | 28,259,707 |
Work in process |  |  | - |  |  |  | 853,602 |
Finished goods |  |  | 3,436,330 |  |  |  | 3,590,937 |
|  |  | 22,255,900 |  |  |  | 32,704,246 |
Obsolescence reserve |  |  | (6,934,044 | ) |  |  | (8,027,126 | )
Total Inventory |  | $ | 15,321,856 |  |  | $ | 24,677,120 |

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 2 -Paragraph 6 -Subparagraph a,b,c -Article 5 + Details
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