XML 21 R10.htm IDEA: XBRL DOCUMENT v3.5.0.2
CAPITAL LEASE OBLIGATIONS
6 Months Ended
Jun. 30, 2016
Capital Lease Obligations [Abstract]  
CAPITAL LEASE OBLIGATIONS

The Company had equipment under two capital lease obligations that expired at various times through June 2016.  As of June 30, 2016, there are no remaining future payments.   The assets and liabilities under capital leases are recorded at the lower of the present value of the minimum lease payments or the fair values of the assets.

 

The implied interest rates related to these capital leases ranged from 7.4% to 8.9%. The gross book value and the net book value of the related assets are approximately $77,000 and $0, respectively, as of June 30, 2016, and $77,000 and $21,000, respectively, as of December 31, 2015.