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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2014
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

An officer of the Company is a partner of a public accounting firm providing nonaudit accounting services to the Company.  For the three months ended March 31, 2014 and 2013, the Company incurred fees of $20,000 and $20,140, respectively, to the accounting firm for accounting and tax services.

 

The Company rented space from a Company that is owned by two officers of the Company up until February 17, 2013, the effective date of the lease for space in Great Neck, New York.  For the three months ended March 31, 2014 and 2013, rent paid was $9,139 and $0, respectively.