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CAPITAL LEASES
12 Months Ended
Dec. 31, 2014
Leases, Capital [Abstract]  
CAPITAL LEASES
7.
CAPITAL LEASES
The following is an analysis of the leased property under capital leases by major classes as of December 31, 2014 and 2013:
 
 
 
Asset Balances at
 
 
 
December 31,
 
 
 
2014
 
2013
 
Classes of Property
 
 
 
 
 
 
 
Motor vehicles
 
$
172,624
 
$
336,713
 
Equipment
 
 
22,079
 
 
23,438
 
Less:  Accumulated depreciation
 
 
(75,663)
 
 
(162,765)
 
 
 
$
119,040
 
$
197,386
 
 
The following summarizes the current and long term portion of capital leases at December 31, 2014 and 2013:
 
 
 
Balances at December 31,
 
 
 
2014
 
2013
 
Current leases payable
 
$
32,723
 
$
83,904
 
Long term leases payable
 
 
74,071
 
 
58,363
 
 
 
$
106,794
 
$
142,267
 
 
 
 
2015
 
2016
 
2017
 
2018
 
2019
 
Thereafter
 
Total
 
Minimum lease payments
 
$
32,723
 
$
43,339
 
$
30,732
 
$
-
 
$
-
 
$
-
 
$
106,794