ACCOUNTS PAYABLE AND ACCRUED EXPENSES

9 Months Ended

Sep. 30, 2014

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

6. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

	September 30,		December 31,
	2014		2013
Accounts payable	$	2,116,818	$	2,866,017
Owed to officer		32,592		16,088
Accrued interest		651,630		1,016,584
Accrued rent expense		135,874		135,874
Accrued salaries, bonuses and payroll taxes		112,064		824,492
Accrued professional fees		198,328		230,433
	$	3,247,306	$	5,089,488