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NOTES AND LOANS PAYABLE TO RELATED PARTIES (Tables)
6 Months Ended
Jun. 30, 2014
NOTES AND LOANS PAYABLE TO RELATED PARTIES (Tables)  
Notes and Loans Payable to Related Parties Maturities

The total amount payable to officers, directors and related parties as of June 30, 2014 was 2,828,749 including accrued interest of $286,803.  The maturities under the notes and loan payable to related parties for the next five years are:

 

Year Ended  December  31,

 

 

 

     2014

 

$

956,271

 

     2015

 

 

1,872,478

 

     2016

 

 

-

 

     2017

 

 

-

 

     2018

 

 

-

 

         Total future maturities

 

$

2,828,749