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Commitments

6 Months Ended

Jun. 30, 2013

Note 9. Commitments

The Company has entered into certain rental property contracts with third parties, which are accounted for as operating leases. Rental expense was $51,547 and $42,503 for the three months ended June 30, 2013 and 2012, respectively, and $102,972 and $72,774 for the six months ended June 30, 2013 and 2012, respectively.

The Company has certain commitments including various operating leases.

Future minimum payments for these commitments and other commitments are as follows:

Year Ending	Operating		Other
December 31,	Leases		Commitments		Total
Remainder of 2013	$	141,699	$	3,639,006	$	3,780,705
2014	92,850		3,022,163		3,115,013
2015	64,941		578,507		643,448
2016	7,274		78,578		85,852
Total	$	306,764	$	7,318,254	$	7,625,018

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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