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9. CAPITAL LEASE OBLIGATIONS
 6 Months Ended
Jun. 30, 2014
Leases [Abstract]  
9. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   June 30,   December 31,
  Interest rate   2014   2013
Total capital lease obligations 6.7%   $ 2,917,135     $ 3,146,270  
Less: Current portion       (106,205 )     (202,392 )
Capital lease obligations, net of current portion     $ 2,810,930     $ 2,943,878  

 

Interest expenses from capital lease obligations amounted to $52,213 and $53,416 for the three-month period ended June 30, 2014 and 2013, respectively, which were charged to the income statements. Interest expenses from capital lease obligations amounted to $104,767 and $106,206 for the six-month period ended June 30, 2014 and 2013, respectively, which were charged to the income statements.