Accrued expenses

9 Months Ended

Sep. 30, 2013

Accrued expenses

Accrued expenses

12. Accrued expenses

	As of September 30, 2013		As of December 31, 2012
Bonus	$	653,999	$	852,274
Professional fees	183,556		1,095,526
Gift card liabilities	147,561		778,237
Deferred income (*)	567,648		292,001
Other (**)	1,761,520		2,280,751
Total accrued expenses	$	3,314,284	$	5,298,789

(*) Current deferred income will be recognized as revenue ratably over the next 12 months.  As of September 30, 2013, included in the balance sheet classification “Long-term portion of capital leases liability and deferred income” is the non-current portion of deferred income in the amount of $0.9 million.  The non-current deferred income balance as of December 31, 2012 is zero.

(**) No amounts included in “Other” exceed 10% of total current liabilities.