OPERATING LEASE COMMITMENTS (Tables)

3 Months Ended

Mar. 31, 2014

Operating Lease Commitments Tables

Future minimum lease payments

Future minimum lease payments for each of the next five years under these operating leases at March 31, 2014 are approximately as follows:

	Franklin		Philadelphia		Total
Year Ending December 31,
2014	$	332,000	$	142,000	$	474,000
2015		444,000		192,000		636,000
2016		454,000		196,000		650,000
2017		382,000		82,000		464,000
2018		—		—		—
Total	$	1,612,000	$	612,000	$	2,224,000