Quarterly report pursuant to Section 13 or 15(d)

Note Receivable - Related Party (Tables)

v2.4.1.9
Note Receivable - Related Party (Tables)
 3 Months Ended
Mar. 31, 2015
Receivables [Abstract]  
Schedule of Cash Flow in Notes Receivable

The scheduled cash flow from the note is as follows:

 

    Principal     Interest     Total  
Next 12 Months   $ 291,684     $ 68,858     $ 360,542  
Next 13-24 Months     283,606       49,202       332,808  
Next 25-36 Months     298,115       34,693       332,808  
Next 37-48 Months     313,368       19,440       332,808  
Next 49-60 Months     245,502       4,103       249,605  
    $ 1,432,275     $ 176,296     $ 1,608,571  


Schedule of Notes Receivable - Related Party

Notes receivable – related party as of March 31, 2015 and December 31, 2014 is as follows:

 

    2015     2014  
Current   $ 291,684     $ 266,457  
Non-current     1,140,591       1,209,309  
    $ 1,432,275     $ 1,475,766