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10. CAPITAL LEASE OBLIGATIONS
 12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

 

  Imputed   As of December 31, 
  Interest rate   2015     2014  
Total capital lease obligations 6.7%   $ 2,752,692     $ 3,031,623  
Less: Current portion       (196,778 )     (205,128 )
Capital lease obligations, net of current portion     $ 2,555,914     $ 2,826,495  

 

Interest expense from capital lease obligations amounted to $193,162 and $202,656, which were charged to the income statements for the year ended December 31, 2015 and 2014. See Note 19 for future minimum lease payments disclosure.