9. Leases

The Company leases certain office facilities, storage, and equipment. These leases have varying terms, and certain leases have renewal and/or purchase options. Future minimum payments under non-cancelable leases with initial or remaining terms in excess of one year consist of the following at December 31, 2015:

2016	$	345,282
2017		229,858
2018		71,224
2019		55,878
2020		50,742
Thereafter		-
	$	752,984

Rent expense for operating leases was $424,810 and $471,066 for the years ended December 31, 2015 and 2014, respectively.