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13. COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2012

Commitments And Contingencies Tables

As of December 31, 2012, the aggregate future minimum lease payments are as follows:

	Plant Avenue		Fifth Avenue		Lamar Street
For the year ending	Annual Rent		Annual Rent		Annual Rent		Total Rents
December 31, 2013	$	596,000	$	644,000	$	360,000	$	1,600,000
December 31, 2014		614,000		664,000		360,000	$	1,638,000
December 31, 2015		633,000		684,000		360,000	$	1,677,000
December 31, 2016		-		704,000		360,000	$	1,064,000
December 31, 2017		-		725,000		360,000	$	1,085,000
Thereafter		-		7,348,000		300,000	$	7,648,000
Total Rents	$	1,843,000	$	10,769,000	$	2,100,000	$	14,712,000

Discontinued future cost

As of December 31, 2012, the estimated discounted future cost will be charged to expense as follows:

For the year ending	Amount
December 31, 2013	$	85,000
December 31, 2014		71,000
December 31, 2015		56,000
Total future minimum lease payments		212,000
Less: current portion		(85,000	)
Total Long-Term Portion	$	127,000

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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