CAPITAL LEASE OBLIGATIONS |
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Dec. 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CAPITAL LEASE OBLIGATIONS |
NOTE 9. CAPITAL LEASE OBLIGATIONS Capital lease obligations consisted of the following at December 31, 2017 and 2016:
The capital lease obligation requires 60 monthly payments of $2,879, including 5.5% interest, beginning April 2014 through June 2019. The capital leases cover furniture and leasehold improvements located at our corporate headquarters in Las Vegas, Nevada. As of December 31, 2017, annual requirements for capital leases obligations are as follows:
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- Definition The entire disclosure for capital leasing arrangements including, but not limited to, the following: a) the basis on which contingent rental payments are determined; (b) the existence and terms of renewal or purchase options and escalation clauses; (c) restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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