Quarterly report pursuant to Section 13 or 15(d)

Capital Leases Payable

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Capital Leases Payable
 6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Capital Leases Payable

9. CAPITAL LEASES PAYABLE

 

Capital leases payable are summarized as follows.:

 

    June 30, 2016     December 31, 2015  
             
Capital lease payable, bearing interest at 11.5%, through August 2017   $ 3,924     $ 5,231  
                 
Capital lease payable, bearing interest at 11.5%, through December 2017     21,592       26,869  
                 
Capital lease payable, bearing interest at 11.5%, through July 2016     1,192       7,786  
                 
Capital lease payable, bearing interest at 11.5%, through November 2016     7,499       15,386  
                 
Total capital leases payable     34,207       55,272  
Current maturities     25,087       39,303  
Capital leases payable, less current maturities   $ 9,120     $ 15,969