CAPITAL LEASE OBLIGATIONS (Narrative) (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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CAPITAL LEASE OBLIGATIONS [Abstract] | ||
Software acquired under capital leases | $ 24,671 | |
Capitalized leases interest rate | 10.80% | 10.80% |
Total lease payments | $ 12,637 | $ 2,308 |
Capitalized lease obligations payable | 9,726 | |
Future lease payments | $ 9,726 |
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- Definition Interest rate related to the capitalized lease. No definition available.
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- Definition Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal through the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of minimum lease payments for capital leases net of executory costs, which include amounts paid by the lessee to the lessor for insurance, maintenance and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The financing charge for leasing arrangements meeting the criteria for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated amortization of capitalized costs for computer software, including but not limited to, acquired and internally developed computer software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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