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10-Q - FORM 10-Q - First Choice Healthcare Solutions, Inc.v326903_10q.htm
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EX-32.2 - EXHIBIT 32.2 - First Choice Healthcare Solutions, Inc.v326903_ex32-2.htm
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EXCEL - IDEA: XBRL DOCUMENT - First Choice Healthcare Solutions, Inc.Financial_Report.xls
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v2.4.0.6
NOTES PAYABLE (Tables)
9 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]

Notes payable as of September 30, 2012 and December 31, 2011 are comprised of the following:

 

    September 30, 
2012 
(unaudited)
    December 31. 
2011
 
Mortgage payable   $ 7,466,818     $ 7,527,811  
Note payable, GE Capital (construction), MRI     456,749       -  
Note payable, GE Capital (construction), 2     150,092       -  
Note Payable, GE Capital (MRI)     1,771,390          
Note Payable, GE Capital (X-ray)     200,989          
Note payable, Auto     28,586       -  
Note payable, HS Real, LLC.     300,000       -  
Note payable, Dr. Anthony J. Lombardo   $ 109,757          
Note payable, Dr. Richard  Newman     20,000       -  
      10,504,381       7,527,811  
Less: current portion     (827,917 )     (92,392 )
    $ 9,676,464     $ 7,435,419
Minimum Future Cash Flow For Note Payable [Table Text Block]

The minimum future cash flow for the note payable at September 30, 2012 is as follows:

 

    Amount  
Three months ending December 31, 2012   $ 321,543  
Year ended December 31, 2013     681,615  
Year ended December 31, 2014     729,093  
Year ended December 31, 2015     804,670  
Year ended December 31, 2016 and thereafter     7,967,460  
Total   $ 10,504,381