Long-Term Debt

9 Months Ended

Sep. 30, 2013

Long-term Debt, Unclassified [Abstract]

Long-Term Debt

5. Long-Term Debt

Maturities of long-term debt for succeeding years are as follows:

	September 30, 2013		December 31, 2012
Loan from Cole Taylor, payable in monthly installments of $12,300, plus interest at prime plus 2% with a balloon payment of approximately $2,202,500 in June 2016; secured by substantially all assets of Releta and MBC.	$	2,607,700	$	2,718,300
Loans from Cole Taylor, payable in monthly installments of $32,300 plus interest at prime plus 1.5% with a balloon payment of approximately $908,700 in June 2016; secured by substantially all assets of Releta and MBC.		1,973,900		1,714,100
		4,581,600		4,432,400
Less current maturities		4,581,600		450,000
	$	-	$	3,982,400