NOTES PAYABLE AND CAPITAL LEASE OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2016

Federal Tax Rate

Notes payable and capital lease obligations

	December 31,			December 31,
	2016			2015
Revolving credit note payable to PNC Bank N. A. ("PNC")	$	24,393,000		$	29,604,000
Term loans, PNC		6,649,000			9,833,000
Capital lease obligations		4,215,000			5,025,000
Related party notes payable, net of debt discount		1,086,000			350,000
Note payable (private placement), net of debt discount		627,000			-
Subtotal		36,970,000			44,812,000
Less: Current portion of notes and capital obligations		(33,999,000	)		(40,895,000	)
Notes payable and capital lease obligations, net of current portion	$	2,971,000		$	3,917,000

Future minimum principal payments for term loan

For the year ending	Amount
December 31, 2017	$	1,478,000
December 31, 2018		1,478,000
December 31, 2019		1,478,000
December 31, 2020		1,478,000
December 31, 2021		737,000
Thereafter		-
PNC Term Loans payable		6,649,000
Less: Current portion		(6,649,000	)
Long-term portion	$	-

Future minimum lease payments, including imputed interest

For the year ending	Amount
December 31, 2017	$	1,442,000
December 31, 2018		1,407,000
December 31, 2019		1,230,000
December 31, 2020		509,000
December 31, 2021		19,000
Thereafter		1,000
Total future minimum lease payments		4,608,000
Less: imputed interest		(393,000	)
Less: current portion		(1,244,000	)
Total Long Term Portion	$	2,971,000