Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

          (Unaudited)        
Operating Leases   Classification     March 31, 2020     December 31, 2019  
Right-of-use assets     Operating lease assets     $ 11,256,497     $ 11,668,026  
                         
Current lease liabilities     Current operating lease liabilities       3,183,302       3,299,309  
Non-current lease liabilities     Long-term operating lease liabilities       14,064,517       14,382,354  
            $ 17,247,819     $ 17,681,663  

Schedule of Lease Term and Discount Rate

Lease term and discount rate were as follows:   (Unaudited)        
    March 31, 2020     December 31, 2019  
Weighted average remaining lease term (years)     7.94       8.19  
Weighted average discount rate     10 %     10 %