Quarterly report pursuant to Section 13 or 15(d)

Commitments and contingencies (Tables)

v3.5.0.2
Commitments and contingencies (Tables)
9 Months Ended
Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Commitments and Minimum Future Rental Income
Future minimum rental commitments under the leases and minimum future rental income per the sublease in five years subsequent to September 30, 2016 and thereafter are as follows:
 
Period
 
Expense
 
Income
 
Net
Amount
Fourth quarter of 2016
 
$
2,022,046

 
$
(242,167
)
 
$
1,779,879

2017
 
7,513,214

 
(691,015
)
 
6,822,199

2018
 
7,554,444

 
(690,980
)
 
6,863,464

2019
 
7,613,432

 
(706,235
)
 
6,907,197

2020
 
7,853,932

 
(675,768
)
 
7,178,164

Thereafter
 
97,059,307

 
(121,656
)
 
96,937,651

Total
 
$
129,616,375

 
$
(3,127,821
)
 
$
126,488,554