Quarterly report pursuant to Section 13 or 15(d)

Commitments and contingencies (Tables)

v2.4.0.8
Commitments and contingencies (Tables)
9 Months Ended
Sep. 30, 2014
Commitments and contingencies [Abstract]  
Schedule of Future Minimum Rental Payments

Future minimum rental commitments under the leases and minimum future rental income per the sublease in five years subsequent to September 30, 2014 and thereafter are as follows:

 

Year Ending                 Net  
December 31,     Expense     Income     Amount  
                           
  2014     $ 2,160,984     $ (790,390 )   $ 1,370,594  
  2015       5980,402       (1,075,083 )     4,905,319  
  2016       6,703,216       (1,063,785 )     5,639,431  
  2017       6,457,831       (844,061 )     5,613,770  
  2018       6,562,366       (864,156 )     5,698,210  
  Thereafter       92,974,777       (3,626,551 )     89,348,226  
  Total     $ 120,839,576     $ (8,264,026 )   $ 112,575,550