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Leased Vehicles, Net
6 Months Ended
Jun. 30, 2014
Leases [Abstract]  
Leased Vehicles, net
Leased Vehicles, net
Leased vehicles consisted of the following as of June 30, 2014 and December 31, 2013:
 
 
June 30,
2014
 
December 31,
2013
Leased vehicles
$
4,481,384

 
$
2,402,052

Origination fees and other costs
1,157

 
2,716

Manufacturer subvention payments
(495,597
)
 
(259,152
)
 
3,986,944

 
2,145,616

Less: accumulated depreciation
(419,398
)
 
(122,183
)
 
$
3,567,546

 
$
2,023,433



The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2014:

 
 
 
 
Remainder of 2014
$
318,976

2015
616,414

2016
472,417

2017
90,436

2018
96

Thereafter
—

Total
$
1,498,339