Schedule of Finance Obligations (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Finance Obligations:

Schedule of Finance Obligations

In connection with the sale-leaseback transaction, the Company also entered into an agreement with the buyer, pursuant to which the Company leases from the buyer a portion of the premises sold for a term of 15 years. The Company’s remaining future minimum payments under the 15 year lease are as follows:

Year ending December 31, 2013
2014	459,564
2015	459,564
2016	459,564
2017	459,564
2018	483,132
Thereafter	4,795,976
Total future minimum financing obligation payments	7,117,364
Less interest	(2,825,497)
Present value of future minimum financing obligation payments	$	4,291,867