Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.3.1.900
Leases (Tables)
12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
Schedule of Future Minimum Lease Payments

The future minimum lease payments for the years ending December 31 are as follows:

 

 

 

Capital

Leases

 

 

Operating

Leases

 

2016

 

$

2,279

 

 

$

271,831

 

2017

 

 

 

 

 

277,946

 

2018

 

 

 

 

 

284,247

 

2019

 

 

 

 

 

290,734

 

2020

 

 

 

 

 

297,405

 

Thereafter

 

 

 

 

 

557,540

 

 

 

 

2,279

 

 

$

1,979,703

 

Less amount representing interest

 

 

125

 

 

 

 

 

Present value of net minimum lease payments

 

 

2,154

 

 

 

 

 

Less current portion

 

 

2,154

 

 

 

 

 

Capital lease obligations, excluding current portion

 

$