Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Summary of Notes Payable

The table below reflects all notes payable at December 31, 2018 and 2017, respectively.

		December 31, 2018		December 31, 2017
		Fair Value		Fair Value
2016 Unrelated Notes	(a)	$	1,000,261	$	797,312
2017 Unrelated Notes	(a)		2,275,686		2,256,057
2018 Unrelated Notes	(b)		900,000		-
Total		$	4,175,947	$	3,053,369

		December 31, 2018		December 31, 2017
		Fair Value		Fair Value
The $250,000 Shealy Note	(c)	$	46,807	$	92,439
2016 Related Notes	(a)		433,117		352,115
2017 Related Notes	(a)		504,271		499,922
2018 Related Notes	(b)		400,000		-
Total		$	1,384,195	$	944,476

(a)	The fair value was based upon Level 2 inputs. See Note 8 for additional information about the Company’s 2016 and 2017 Unrelated Notes. See Note 9 for additional information about the Company’s 2016 and 2017 Related Notes.
(b)	The 2018 Unrelated and Related Notes were closed in September, 2018 between market participants, therefore, fair value approximates carrying value given proximity to year-end. See Note 8 for additional information about the Company’s 2018 Unrelated Notes. See Note 9 for additional information about the Company’s 2016 and 2017 Related Notes.
(c)	The fair value was based upon Level 2 inputs. Short term maturity and interest rate approximates rate that the Company realized with issuance of new debt in September, 2018; therefore, carrying value approximates fair value. See Note 9 for additional information about the Company’s $250,000 Shealy Note.