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10. CAPITAL LEASE OBLIGATIONS
 9 Months Ended
Sep. 30, 2015
Leases [Abstract]  
10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   September 30,   December 31,
  Interest rate   2015   2014
Total capital lease obligations 6.7%   $ 2,764,319     $ 3,031,623  
Less: Current portion       (155,296 )     (205,128 )
Capital lease obligations, net of current portion     $ 2,609,023     $ 2,826,495  

 

Interest expenses from capital lease obligations amounted to $46,348 and $48,863 for the three-month period ended September 30, 2015 and 2014, respectively, which were charged to the income statements. Interest expenses from capital lease obligations amounted to $147,808 and $153,630 for the nine-month period ended September 30, 2015 and 2014, respectively, which were charged to the income statements.