Quarterly report pursuant to Section 13 or 15(d)

Capital Leases Payable (Tables)

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Capital Leases Payable (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Lease Payments for Capital Leases

Capital leases payable are summarized as follows.:

 

    March 31, 2016     December 31, 2015  
             
Capital lease payable, bearing interest at 11.5%, through August 2017   $ 4,684     $ 5,231  
                 
Capital lease payable, bearing interest at 11.5%, through December 2017     25,516       26,869  
                 
Capital lease payable, bearing interest at 11.5%, through July 2016     4,689       7,786  
                 
Capital lease payable, bearing interest at 11.5%, through November 2016     11,790       15,386  
                 
Total capital leases payable     46,679       55,272  
Current maturities     33,620       39,303  
Capital leases payable, less current maturities     $ 13,059     $ 15,969