5.	Deferred Rent

Deferred rent consists of the following at June 30, 2016 and December 31, 2015:

	June 30, 2016		December 31, 2015
Landlord-funded leasehold improvements	$	1,124,790	$	1,124,790
Less accumulated amortization		(439,029)		(375,530)
Total		685,761		749,260
Straight line rent adjustment		185,343		165,414
Total deferred rent	$	871,104	$	914,674

During the three and six month periods ended June 30, 2016, the Company recorded $31,749 and $63,499, respectively, in deferred rent amortization of these landlord funded leasehold improvements. During the three and six month periods ended June 30, 2015, the Company recorded $31,750 and $63,500, respectively, in deferred rent amortization of these landlord funded leasehold improvements.

Straight line rent adjustment represents the difference between cash rent payments and the recognition of rent expense on a straight-line basis over the terms of the lease.