Leases (Tables)

6 Months Ended

Jun. 30, 2020

Lessee Disclosure [Abstract]

Summary of Lease Related Assets and Liabilities Recorded on Balance Sheet

The table below presents the lease related assets and liabilities recorded on the balance sheet. Right-of-use assets and related liabilities related to finance leases at June 30, 2020 are de minimis and mature in less than 12 months.

	June 30,		December 31,
	2020		2019
Operating Leases:	(Unaudited)
Right-of-use operating lease asset:
Property and equipment, net and other assets	$	1,313,828	$	1,595,044
Lease Liabilities:
Accounts payable and accrued liabilities	$	635,647	$	627,896
Other long-term liabilities		816,809		1,136,583
Total operating lease liabilities	$	1,452,456	$	1,764,479

Future Minimum Lease Payments Required Under Office Lease

The future minimum lease payments required under our office lease as of June 30, 2020 were as follows:    

	Amount
2020	$	332,100
2021		664,200
2022		498,150
Total lease payments		1,494,450
Less:  Interest		41,994
Present value of lease liabilities	$	1,452,456