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

Commitments (Tables)

v3.7.0.1
Commitments (Tables)
 12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of future minimum lease payments for operating leases

Future minimum lease payments for operating leases having an initial or remaining non-cancellable lease term in excess of one year are as follows:

 

Years ending December 31,        
2017       92,624  
2018       71,967  
Total minimum payments     $ 164,591  
Schedule of future minimum payments under license arrangements

As of December 31, 2016, future minimum payments under these arrangements are as follows:

 

Years ending December 31,        
2017       60,000  
2018       50,000  
2019       50,000  
2020       50,000  
2021       50,000  
Thereafter       270,000  
Total minimum payments     $ 530,000