OPERATING LEASE COMMITMENTS (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2014 are approximately as follows:

	Franklin		Philadelphia		Total
Year Ending December 31,
2014	$	230,000	$	94,000	$	324,000
2015		457,000		191,000		648,000
2016		468,000		196,000		664,000
2017		389,000		82,000		471,000
2018		—		—		—
Total	$	1,544,000	$	563,000	$	2,107,000