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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
12 Months Ended
Dec. 31, 2019
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Note 8 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of December 31, 2019 and 2018:

 

 

 

2019

 

 

2018

 

Accounts payable

 

$ 709,353

 

 

$ 655,654

 

Interest payable on notes payable

 

 

1,138,157

 

 

 

802,114

 

Interest payable on notes payable, related parties

 

 

125,903

 

 

 

96,120

 

Deferred insurance

 

 

53,967

 

 

 

-

 

Deferred rent

 

 

-

 

 

 

764

 

 

 

$ 2,027,380

 

 

$ 1,554,652