Note 4 - Deferred Rent

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Deferred Rent [Text Block]

4.

Deferred Rent  

Deferred rent consists of the following at

March 31, 2018

and

December 31, 2017:

	March 31, 2018			December 31, 2017
Landlord-funded leasehold improvements	$	1,124,790		$	1,124,790
Less accumulated amortization		(661,274	)		(629,525	)
Total		463,516			495,265
Straight line rent adjustment		124,218			127,158
Total deferred rent	$	587,734		$	622,423

During the

three

month periods ended

March 31, 2018

and

2017,

the Company recorded

$31,749

and

$31,750,

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.