Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases

Summary of Operating Leases

		Three Months Ended		Nine Months Ended
		September 30, 2019		September 30, 2019
Operating leases
Operating lease cost	$	531,709	$	1,591,686
Variable lease cost		90,411		258,492
Operating lease expense		622,120		1,850,178
Short-term lease rent expense		4,157		12,470
Total rent expense	$	626,277	$	1,862,648
Other information
Operating cash flows from operating leases	$	493,872	$	1,531,953
Right of use assets exchanged for operating lease liabilities	$	136,124	$	4,441,553
Weighted-average remaining lease term – operating leases		1.8		1.8
Weighted-average discount rate – operating leases		6.8%		6.8%

Future Minimum Rental Payments Under Operating Leases

Three months ended December 31, 2019	$	479,345
Year ending December 31, 2020		1,433,260
Year ending December 31, 2021		811,097
Year ending December 31, 2022		346,649
Year ending December 31, 2023		197,130
Year ending December 31, 2024		97,423
Total	$	3,364,904
Less present value discount		(293,365)
Operating lease liabilities	$	3,071,539