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10. CAPITAL LEASE OBLIGATIONS
 6 Months Ended
Jun. 30, 2015
Leases [Abstract]  
10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   June 30,   December 31,
  Interest rate   2015   2014
Total capital lease obligations 6.7%   $ 2,828,916     $ 3,031,623  
Less: Current portion       (114,171 )     (205,128 )
Capital lease obligations, net of current portion     $ 2,714,745     $ 2,826,495  

 

Interest expenses from capital lease obligations amounted to $50,803 and $52,213 for the three-month period ended June 30, 2015 and 2014, respectively, which were charged to the income statements. Interest expenses from capital lease obligations amounted to $101,460 and $104,767 for the six-month period ended June 30, 2015 and 2014, respectively, which were charged to the income statements.