General form of registration statement for all companies including face-amount certificate companies

11. Commitments and Contingencies (Tables)

v3.6.0.2
11. Commitments and Contingencies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Future minimum lease payments under non-cancelable leases
For the twelve months ended September 30      
2017   $ 300,000  
2018     300,000  
2019     300,000  
2020     300,000  
2021     300,000  
Thereafter     1,225,000  
    $ 2,725,000  

Future minimum maintenance fee payments are as follows:

 

For the year ended December 31      
2016   $ 300,000  
2017     300,000  
2018     300,000  
2019     300,000  
2020     300,000  
Thereafter     1,450,000  
    $ 2,950,000  
Property Leases [Member]    
Future minimum lease payments under non-cancelable leases
For the twelve months ended September 30,      
2017   $ 82,000  
2018     73,000  
2019     45,000  
2020     34,000  
Thereafter     -  
    $ 234,000  
For the year ended December 31      
2016     88,468  
2017     77,792  
2018     65,000  
2019     45,000  
2020     22,500  
Thereafter     -  
    $ 298,760