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Capital Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2012

Leases [Abstract]

Future minimum payments under capital lease and quipment financing arrangements

Annual minimum payments:		Amount
2013			20,250
2014			20,249
2015			20,249
2016			10,125
Total minimum payments			70,873
Less amount representing interest			(5,978	)
Present value of net minimum payments		$	64,895
Short term portion of capital leases			(17,400	)
Long term portion of capital leases		$	47,495

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- Definition

Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 30

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737

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