Quarterly report pursuant to Section 13 or 15(d)

Capital Lease Obligations (Tables)

v2.4.0.8
Capital Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2014
Capital Lease Obligations [Abstract]  
Summary of future minimum lease payments under capital leases
As of March 31, 2014
 
$
851,005
 
Less amount representing interest
   
   (12,199
)
Total obligations under capital leases
   
838,806
 
Less current portion of obligations under capital leases
   
(817,690
)
Long-term obligations under capital leases
 
$
21,116
 
 
Summary of long-term obligations under capital leases
 
For the twelve months ending March 31,
     
2015
 
$
817,690
 
2016
   
21,116
 
   
$
838,806
 
 
Summary of assets held under capital leases included in property and equipment
Equipment
 
$
1,571,784
 
Less: accumulated depreciation
   
    (989,212
)
   
$
582,572