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Long-term Debt and Capital Lease Obligations (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Summary of Capital Lease Obligations

At December 31, 2015 and 2014, total capital lease obligations outstanding consisted of the following:

 

 

 

As of December 31,

 

 

 

2015

 

 

2014

 

Capital lease obligations, imputed interest of 2.65% to 4.87%,

   with monthly payments of $10,508.37 through November 2020,

   secured by computer, telephone and office equipment

 

$

402,170

 

 

$

47,250

 

Total

 

 

402,170

 

 

 

47,250

 

Less: current maturities

 

 

(112,125

)

 

 

(22,853

)

Long-term portion

 

$

290,045

 

 

$

24,397

 

 

Summary of Future Maturities of Capital Lease Obligations

The following table summarizes future maturities of our capital lease obligations, as of December 31, 2015:

 

Year Ending December 31,

 

Amount

 

2016

 

$

122,375

 

2017

 

 

103,703

 

2018

 

 

87,744

 

2019

 

 

60,015

 

2020

 

 

55,014

 

Total minimum lease payments

 

 

428,851

 

Less:  amount representing interest

 

 

(26,681

)

Present value of net minimum lease payments

 

 

402,170

 

Less: current maturities

 

 

(112,125

)

Non-current maturities

 

$

290,045