5.	Deferred Rent

Deferred rent consists of the following at December 31, 2017 and 2016:

	2017		2016
Landlord-funded leasehold improvements	$	1,124,790	$	1,124,790
Less accumulated amortization		(629,525)		(502,527)
Total (current portion $130,216 at December 31, 2017 and 2016)		495,265		622,263
Straight line rent adjustment		127,158		193,403
Total deferred rent	$	622,423	$	815,666

During the years ended December 31, 2017 and 2016, the Company recorded $126,998 and $126,997, respectively, in deferred rent amortization of landlord funded leasehold improvements.

In addition, during the year ended December 31, 2017, the company recorded a reduction of deferred rent of $66,245, and during the year ended December 31, 2016, the Company recorded an increase of deferred rent of $27,989, which represented the difference between cash rent payments and the recognition of rent expense on a straight-line basis over the terms of the lease.