v2.4.1.9
COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
NOTE 18. COMMITMENTS AND CONTINGENCIES
 
Lease Commitments
 
The Company leases railroad lines, warehouses and offices under operating leases. Future minimum lease payments under operating leases with initial or remaining terms of one year or more are as follows:
 
As of March 31,
 
Operating Leases
 
2016
 
$
204,657
 
2017
 
 
169,705
 
2018
 
 
169,705
 
2019
 
 
169,705
 
2020
 
 
169,705
 
Thereafter
 
 
860,488
 
 
 
$
1,743,965