OPERATING LEASE COMMITMENTS
|3 Months Ended|
Mar. 31, 2017
|Notes to Financial Statements|
|Note 13. OPERATING LEASE COMMITMENTS||
The Company leases certain business facilities under operating lease agreements that specify minimum rentals. Many of these have renewal provisions. The Companys net rent expense for the three months ended March 31, 2017 and 2016 was $314,813 and $133,867, respectively.
The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.
Reference 1: http://www.xbrl.org/2003/role/presentationRef