XML 33 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Capital Lease Obligations
12 Months Ended
Dec. 31, 2011
Leases, Capital [Abstract]  
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

7. Capital Lease Obligations

 

The Company leases certain brewing equipment, vehicles and office equipment under agreements that are classified as capital leases. The future minimum lease payments required under the capital leases and the present value of the net minimum lease payments as of December 31, 2011, are as follows:

 

Year Ending December 31, 2011   $ 72,100  
      72,100  
Less amounts representing interest     (4,600 )
Present value of minimum lease payments     67,500  
Less current maturities     (67,500 )
Non-current leases payable   $ -  

 

Depreciation expense related to capital leases was $43,100 and $74,900 for the years ended December 31, 2011 and 2010, respectively.