Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Future minimum annual lease payments

The future minimum payments related to this lease are as follows:

 

Years ending December 31:
2015		57,136
2016		116,201
2017		68,587
Total	$	241,924

Future guaranteed payments

Future guaranteed payments associated with these agreements are payable as follows:

 

Years ending December 31:
2015		5,000,000
2016		5,000,000
2017		10,000,000
Less: discount to present value		(2,205,558)
Guaranteed payments, net of discount	$	17,794,442

Notes payable future debt payments

Pursuant to the Fortress Agreement (as described in Note 6), future debt payments owed to Fortress with respect to the Fortress Notes are as follows:

Years ending December 31:
2015		1,578,107
2016		6,433,856
2017		4,955,250
Total	$	12,967,213