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10. CAPITAL LEASE OBLIGATIONS
 12 Months Ended
Dec. 31, 2013
Leases [Abstract]  
10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   As of December 31, 
  Interest rate   2013     2012  
Total capital lease obligations 6.7%   $ 3,146,270     $ 3,146,066  
Less: Current portion       (202,392 )     (193,164 )
Capital lease obligations, net of current portion     $ 2,943,878     $ 2,952,902  

 

Interest expense from capital lease obligations amounted to $207,393 and $209,584, which were charged to the income statements for the year ended December 31, 2013 and 2012. See Note 21 for future minimum lease payments disclosure.