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LEASES (Tables)
12 Months Ended
Sep. 30, 2012
Future Minimum Lease Payments under Capitalized Leases

As of September 30, 2012, future minimum lease payments due in fiscal years under capitalized leases are as follows:

 

2013

   $ 256,846   

2014

     256,846   

2015

     256,846   

2016

     256,846   

2017

     256,846   

2018 and thereafter

     363,864   

Less interest

     (150,835
  

 

 

 

Principal

     1,497,259   

Less current portion

     (214,801
  

 

 

 

Noncurrent portion

   $ 1,282,458   
  

 

 

 
Future Minimum Lease Payments under Operating Leases

As of September 30, 2012, future minimum lease payments due in fiscal years under operating leases are as follows:

 

2013

   $ 356,672   

2014

     434,229   

2015

     445,921   

2016

     457,961   

2017

     470,154   

2018 and thereafter

     484,785   
  

 

 

 

Total

   $ 2,649,723