Quarterly report pursuant to Section 13 or 15(d)

Schedule of Deferred Financing Costs (Tables)

v3.3.0.814
Schedule of Deferred Financing Costs (Tables)
 9 Months Ended
Sep. 30, 2015
Schedule of Deferred Financing Costs  
Schedule of Deferred Financing Costs

The Company incurred deferred financing costs related to the notes payable obtained for acquisitions. A rollforward of the deferred financing cost balance as of September 30, 2015 is as follows:

 

Balance as of December 31, 2014, net

$

291,691

Deferred financing costs incurred – nine months ended September 30, 2015

 

137,735

Amortization expense – nine months ended September 30, 2015

 

(89,850)

Balance as of September 30, 2015, net

$

339,576