Quarterly report pursuant to Section 13 or 15(d)

Lease Obligations

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Lease Obligations
9 Months Ended
Sep. 30, 2016
Lease Obligations [Abstract]  
LEASE OBLIGATIONS
6. LEASE OBLIGATIONS

  

On October 1, 2011, the Company began leasing operating facilities under an agreement expiring on March 30, 2018. Total rent expense under these operating type leases for the nine months ended September 30, 2016 and 2015 was $120,000 and $116,000, respectively.

 

After September 30, 2016, the Company purchased the operating facilities. See Note 10.