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10. CAPITAL LEASE OBLIGATIONS
 9 Months Ended
Sep. 30, 2013
Leases [Abstract]  
10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   September 30,   December 31,
  Interest rate   2013   2012
Total capital lease obligations 6.7%   $ 3,069,390     $ 3,146,066  
Less: Current portion       (150,101 )     (193,164 )
Capital lease obligations, net of current portion     $ 2,919,289     $ 2,952,902  

 

Interest expenses from capital lease obligations amounted to $50,438 and $50,629 for the three-month periods ended September 30, 2013 and 2012, respectively, which were charged to the income statements. Interest expenses from capital lease obligations amounted to $156,644 and $158,673 for the nine-month periods ended September 30, 2013 and 2012, respectively, which were charged to the income statements.