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COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2014

Commitments And Contingencies Tables

Schedule of future minimum rental payments

As of December 31, 2014, future minimum rental payments under our office lease are as follows: 

Years Ending December 31,
2015				$	371,240
2016					382,377
2017					393,848
2018					302,748
2019					—
Total minimum lease payments
Non-cancellable sub-lease income					—
Net minimum lease payments				$	1,450,213

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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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