Quarterly report pursuant to Section 13 or 15(d)

Capital Lease Obligations (Tables)

v2.4.0.6
Capital Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2013
Capital Lease Obligations [Abstract]  
Summary of future minimum lease payments under capital leases
     
    As of March 31, 2013
 
$
1,118,185
 
    Less amount representing interest
   
(48,935
)
    Total obligations under capital leases
   
1,069,250
 
    Less current portion of obligations under capital leases
   
(783,381
)
    Long-term obligations under capital leases
 
$
285,869
 
 
Summary of long-term obligations under capital leases
     
For the year ending  March 31,   2014
 
$
783,381
 
            2015
   
264,753
 
            2016
   
21,116
 
        
       
         
   
$
1,069,250
 
 
Summary of assets held under capital leases included in property and equipment
       
Equipment
 
$
1,571,784
 
Less: accumulated depreciation
   
590,219
 
         
   
$
981,565