ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2016

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following:

	March 31,  2016		December 31,  2015
Royalties payable	$	500,591	$	487,739
Accrued compensation		49,769		49,769
Commissions payable		22,369		15,900
Accrued interest payable		1,712,187		1,589,256
Other		138,346		105,360
Accrued expenses and other liabilities, net	$	2,423,262	$	2,248,024