Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES

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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
10.
Commitments and Contingencies
 
Legal Proceedings — The Company is subject to legal proceedings and claims which have arisen in the ordinary course of business and have not been fully adjudicated. These actions, when ultimately concluded and determined, will not, in the opinion of management, have a material adverse effect upon the condensed consolidated financial position, results of operations, or cash flows of the Company.
 
Leases — The Company leases certain office space and other facilities under operating leases expiring through 2021.
 
Future minimum lease payments under non-cancelable operating leases for office space as of March 31, 2016 are as follows:
 
Years Ending
 
 
 
December 31
 
Total
 
2016 (nine months)
 
$
236,160
 
2017
 
 
58,500
 
Total
 
$
294,660
 
 
Total rental expense, included in direct operating costs and general and administrative expense in the condensed consolidated statements of operations, amounted to $185,096 and $246,904 for the three months ended March 31, 2016 and 2015, respectively. This includes amounts for related party leases described in Note 11.