XML 27 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2018
COMMITMENTS AND CONTINGENCIES [Abstract]  
COMMITMENTS AND CONTINGENCIES
NOTE 11.
COMMITMENTS AND CONTINGENCIES:

Operating Leases

The Company's principal facility is located in Suwanee, Georgia. The Company also leases office space in various locations with expiration dates between 2016 and 2021. The lease agreements often include leasehold improvement incentives, escalating lease payments, renewal provisions and other provisions which require the Company to pay taxes, insurance, maintenance costs, or defined rent increases. All of the Company's leases are accounted for as operating leases. Rent expense is recorded over the lease terms on a straight-line basis. Rent expense was $199,579 and $254,295 for the nine months ended September 30, 2018 and 2017, respectively.

Year ending December 31,
 
Amount
 
2018
  
45,613
 
2019
  
67,415
 
2020
  
70,333
 
2021
  
7,371
 
Total
 
$
190,732