COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2017

COMMITMENTS AND CONTINGENCIES

Schedule of future minimum rental payments under the operating leases

Future minimum rental payments at December 31, 2017 under the operating leases referred to above are as follows:

Year Ending December 31:
2018	$	2,588
2019	1,802
2020	1,764
2021	1,745
2022	1,469
2023 and thereafter	7,347
	$	16,715

Schedule of contractual obligations related primarily to sponsorships and other commitments

The Company has the following contractual obligations related primarily to sponsorships and other commitments as of December 31, 2017:

Year Ending December 31:
2018	$	96,774
2019	29,427
2020	23,996
2021	5,666
2022	8
2023 and thereafter	-
	$	155,871