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7. Operating Leases (Tables)

3 Months Ended

Mar. 31, 2013

Operating Leases Tables

Schedule of minimum operating lease payments

For the twelve months ended March 31,				Future Rent Payments
	2014			$	405,759
	2015				369,520
	2016				61,895
	Total			$	837,174

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

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