Quarterly report pursuant to Section 13 or 15(d)

Capital Lease Obligations (Tables)

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Capital Lease Obligations (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Capital Leases

The Company leases various assets under capital leases expiring through 2020 as follows. At September 30, 2017 (unaudited) and December 31, 2016, capital lease obligations consisted of the following:

 

    September 30, 2017     December 31, 2016  
             
Medical equipment   $ 4,497,025     $ 4,497,025  
Less accumulated depreciation     (3,582,631 )     (2,809,511 )
                 
Net   $ 914,394     $ 1,687,514  

Aggregate Future Minimum Rentals Under Capital Leases

Aggregate future minimum rentals under capital leases are as follows:

 

Year ended December 31,      
2017 (October through December)   $ 493,282  
2018     1,427,375  
2019     377,919  
2020     32,611  
Total     2,331,187  
         
Less interest     103,983  
Present value of minimum lease payments     2,227,204  
         
Less current portion of capital lease obligations     1,491,666  
Capital lease obligations, net of current portion   $ 735,538