Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases

Summary of Operating Leases

	Three Months Ended
	March 31, 2019
Operating leases
Operating lease cost	$ 534,967
Variable lease cost	89,844
Operating lease expense	624,811
Short-term lease rent expense	4,192
Total rent expense	$ 629,003
Other information
Operating cash flows from operating leases	$ 523,965
Right of use assets exchanged for operating lease liabilities	$ 3,484,234
Weighted-average remaining lease term – operating leases	1.6 years
Weighted-average discount rate – operating leases	6.8%

Future Minimum Rental Payments Under Operating Leases

Nine months ended December 31, 2019	$	1,398,078
Year ending December 31, 2020		1,186,720
Year ending December 31, 2021		562,506
Year ending December 31, 2022		96,006
Year ending December 31, 2023		3,440
Total	$	3,246,750
Less present value discount		(229,956)
Operating lease liabilities	$	3,016,794