Quarterly report pursuant to Section 13 or 15(d)

Capital Lease Obligations (Tables)

v2.4.0.8
Capital Lease Obligations (Tables)
9 Months Ended
Sep. 30, 2013
Capital Lease Obligations [Abstract]  
Summary of future minimum lease payments under capital leases
As of September 30, 2014
 
$
925,175
 
Less amount representing interest
   
   (25,980
)
Total obligations under capital leases
   
899,195
 
Less current portion of obligations under capital leases
   
(747,713
)
Long-term obligations under capital leases
 
$
151,482
 
 
Summary of long-term obligations under capital leases
For the twelve months ending September 30,
     
2014
 
$
747,713
 
2015
   
151,482
 
   
$
899,195
 
 
Summary of assets held under capital leases included in property and equipment
Equipment
 
$
1,571,784
 
Less: accumulated depreciation
   
    (695,442
)
   
$
876,342