Quarterly report pursuant to Section 13 or 15(d)

6. Capital Lease Obligations

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6. Capital Lease Obligations
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Capital Lease Obligations

The Company leases various assets under capital leases expiring through 2020 as follows:

 

    June 30,     December 31,  
    2016     2015  
                 
Medical equipment   $ 5,663,333     $ 5,663,332  
Less accumulated depreciation     (2,772,173 )     (2,093,920 )
                 
Net   $ 2,891,160     $ 3,569,412  

 

Aggregate future minimum rentals under capital leases are as follows:

 

December 31,        
2016   $ 775,918  
2017     1,432,542  
2018     845,330  
2019     217,412  
2020     32,611  
Total     3,303,813  
         
Less interest     251,008  
Present value of minimum lease payments     3,052,805  
         
Less current portion of capital lease obligations     658,633  
Capital lease obligations, net of current portion   $ 2,394,172