Capital Lease Obligations

12 Months Ended

Dec. 31, 2017

Capital Lease Obligations [Abstract]

NOTE 8 – CAPITAL LEASE OBLIGATIONS

Future minimum lease payments under capital lease agreements are summarized as follows:

For years ending December 31,

2018	$	658
2019		410
		1,068
Less: Interest		(27	)
Present value of minimum lease payments		1,041
Less: Current portion		(646	)
Long-term portion	$	395

At December 31, 2017, property under capital leases had a cost of $3.7 million, and the related accumulated depreciation was $2.6 million. Depreciation of assets held under capital lease is included in depreciation expense.