Quarterly report pursuant to Section 13 or 15(d)

Capital lease obligations (Tables)

v2.4.0.6
Capital lease obligations (Tables)
9 Months Ended
Sep. 30, 2012
Capital Lease Obligations [Abstract]  
Future minimum lease payments under capital leases
 
As of September 30, 2012
 
$
1,245,118
 
Less amount representing interest
   
       (79,596
)
Total obligations under capital leases
   
1,165,522
 
Less current portion of obligations under capital leases
   
(684,593
)
Long-term obligations under capital leases
 
$
      480,929
 
 
Long-term obligations under capital leases
 
For the twelve months ending September 30,
     
2013
  $ 684,593  
2014
    330,798  
2015
    150,131  
    $ 1,165,522  
Assets held under capital leases included in property and equipment
     
Equipment
 
$
1,571,784
 
Less: accumulated depreciation
   
    (404,390
)
   
$
1,167,394