Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses and Other Current Liabilities

v3.5.0.2
Accrued Expenses and Other Current Liabilities
 9 Months Ended
Sep. 30, 2016
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities
Accrued Expenses and Other Current Liabilities
Accrued expense and other current liabilities included the following:
 
 
September 30,
 
December 31,
 
 
2016
 
2015
Accrued compensation, benefits and related taxes
 
$
2,659,986

 
$
1,349,493

Financed insurance premiums
 
750,487

 
3,194,564

State & local taxes payable
 
898,305

 
504,658

Accrued workers’ compensation and auto claims
 
998,542

 
739,775

Other
 
1,499,886

 
1,930,466

Total
 
$
6,807,206

 
$
7,718,956



Financed insurance premiums are due in monthly installments, bear interest at rates ranging from 1.79% to 5.00%, are unsecured, and mature within the twelve month period following the close of the year.