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6. Related Party
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party

During the years ended December 31, 2015 and 2014, we granted various awards to our Officers and Directors as compensation for their services. These related party grants are fully disclosed in Note 14 below.

 

Other Related Party Transactions

We currently lease office space on a month to month basis where the lessor is an entity owned by our Chairman of the Board of Directors, Bradley Berman for 2,813 square feet of office space. In accordance with this lease, our lease term is on a month-to-month basis, provided that either party may provide 90 day notice to terminate the lease, with base rents of $2,110 per month, plus common area operations and maintenance charges, and monthly parking fees of $240 per month, for the period from November 15, 2013 to October 31, 2014 and subject to increases of $117 per month beginning November 1, 2014 and for each of the subsequent three year periods. As of December 31, 2015 the base rent is $2,344 per month. We have paid a total of $69,703 and $69,300 to this entity during the years ended December 31, 2015 and 2014, respectively.