XML 30 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1

9. CAPITAL LEASE OBLIGATIONS

12 Months Ended

Dec. 31, 2017

Leases [Abstract]

9. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

	Imputed		As of December 31,
	Interest rate		2017				2016
Total capital lease obligations	6.7%		$	2,507,201			$	2,472,637
Less: Current portion				(203,206	)			(187,678	)
Capital lease obligations, net of current portion			$	2,303,995			$	2,284,959

Interest expense from capital lease obligations amounted to $163,184 and $174,167, which were charged to the consolidated statement of income for the years ended December 31, 2017 and 2016. See Note 18 for future minimum lease payments disclosure.

X

- Definition

The entire disclosure for capital leasing arrangements including, but not limited to, the following: a) the basis on which contingent rental payments are determined; (b) the existence and terms of renewal or purchase options and escalation clauses; (c) restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 30
-URI http://asc.fasb.org/subtopic&trid=2209026

+ Details

Name:	us-gaap_CapitalLeasesInFinancialStatementsOfLesseeDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration