Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Maturity of Operating Leases Liabilities

The following table presents information about the amount and timing of liabilities arising from the Company’s operating leases as of March 31, 2019:

 

Maturity of Operating Lease Liabilities      
2019   $ 544,293  
2020     752,886  
2021     684,642  
2022     644,642  
2023     676,719  
Thereafter   $ 2,914,007  
Total undiscounted operating lease payments   $ 6,217,189  
Less: Imputed interest     1,822,102  
Present value of operating lease liabilities   $ 4,395,087  

Schedule of Maturity of Finance Leases Liabilities

The following table presents information about the amount and timing of liabilities arising from the Company’s finance leases as of March 31, 2019.

 

Maturity of Finance Lease Liabilities      
2019   $ 69,772  
2020     59,596  
2021     34,094  
2022     18,900  
2023     1,692  
Total undiscounted finance lease payments   $ 184,054  
Less: Imputed interest     13,389  
Present value of finance lease liabilities   $ 170,665