XML 26 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1

10. CAPITAL LEASE OBLIGATIONS

3 Months Ended

Mar. 31, 2018

Leases [Abstract]

10. CAPITAL LEASE OBLIGATIONS

The components of capital lease obligations are as follows:

		Imputed				March 31,				December 31,
		Interest rate				2018				2017
Total capital lease obligations			6.7%			$	2,649,003			$	2,507,201
Less: Current portion							(254,829	)			(203,206	)
Capital lease obligations, net of current portion						$	2,394,174			$	2,303,995

Interest expenses from capital lease obligations amounted to $41,797 and $41,753 for the three-month periods ended March 31, 2018 and 2017, respectively, were charged to the condensed consolidated statement of income. 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://fasb.org/us-gaap/role/ref/legacyRef
-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