Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease cost

	THREE MONTHS ENDED		NINE MONTHS ENDED
	SEPTEMBER 30,		SEPTEMBER 30,
	2019		2019
	(Unaudited)
Operating lease expense	$	52,043	$	171,684
Finance lease expense:
Amortization of right of use assets	$	137,957	$	415,226
Interest on finance lease liabilities		72,567		211,905
Total finance lease expense	$	210,524	$	627,131

Supplemental information related to leases

Supplemental cash flow information related to leases was as follows:

	NINE MONTHS ENDED
	SEPTEMBER 30,
	2019
	(Unaudited)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	171,684
Operating cash flows from finance leases		211,905
Financing cash flows from finance leases		356,926
Right of use assets obtained in exchange for lease obligations:
Operating leases	$	-
Finance leases		-

Supplemental balance sheet information related to leases was as follows:

	SEPTEMBER 30,
	2019
	(Unaudited)
Operating lease right of use assets, net	$	5,690,692
Current portion of operating lease liabilities		499,739
Operating lease liabilities, net of current portion		5,339,380
Weighted average remaining lease term
Operating leases		11.8
Finance leases		1.3
Weighted average discount rate
Operating leases		5	%
Finance leases		5	%

Maturities of lease liabilities

	Operating Leases		Finance Leases
2019	$	657,853	$	114,496
2020		676,169		35,437
2021		695,041		-
2022		648,577		-
2023		665,862		-
Thereafter		4,254,715		-
Total undiscounted operating lease payments		7,598,216		149,933
Less: Imputed interest		1,907,394		1,636
Total finance lease liability	$	5,690,822	$	148,297