LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2016

LONG-TERM DEBT

Schedule of remaining principal payments and current and long-term portion of the principal

The remaining principal payments required under the agreement for years ended December 31, and the current and long‑term portion of the principal, are as follows:

2017	$	140,000
2018		143,000
2019		146,000
2020		149,000
2021		152,000
Thereafter		2,605,000
Total Principal		3,335,000
Less: Unamortized debt issuance costs		131,000
Less: Current portion		127,000
Long-term portion	$	3,077,000