Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Operating and Financing Lease Assets and Liabilities

The following table sets forth information about the Company’s operating and financing lease assets and liabilities included in its condensed consolidated balance sheet as of March 31, 2019:

	Classification on the Condensed Consolidated Balance Sheet	March 31, 2019
Assets
Operating lease right-of-use assets	Right-of-use assets	$	3,743,590
Financing lease right-of-use assets	Right-of-use assets		11,184,738
Total right of use assets		$	14,928,328
Liabilities
Current liabilities:
Operating lease liability	Current operating lease liabilities	$	263,795
Financing lease liability	Current portion of other long-term liabilities		182,379
Non-current liabilities:
Operating lease liabilities, net of current portion	Operating lease liabilities		3,501,664
Financing lease liabilities, net of current portion	Other long-term liabilities		11,161,870
Total lease liabilities		$	15,109,708

Schedule of Supplemental Cash Flow Information Related to Leases

The following table sets forth the supplemental cash flow information related to the Company’s leases for the three-month period ended March 31, 2019:

	Amount
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	121,405
Operating cash flows from financing leases		177,558
Financing cash flows from financing leases		141,938

Schedule of Components Lease Cost Related

The following table sets forth the components of lease costs related to the Company’s leases for the three-month period ended March 31, 2019:

	Amount
Operating lease costs	$	143,275
Financing lease costs:
Amortization of right-of-use assets	$	141,938
Interest on lease liabilities		177,558
Total financing lease costs	$	319,496

Schedule of Weighted Average Lease Term and Discount Rates for Operating and Financing Leases

The following table shows certain information related to the weighted-average remaining lease terms and the weighted-average discount rates for our operating and financing leases:

	Weighted Average Remaining Lease Term		Weighted Average Discount Rate
		(in years)		(annual)
Operating leases		7.49		7.39	%
Financing leases		19.67		8.00	%

Schedule of Maturity of Operating and Financing Lease Liabilities

The following table sets forth the maturity of our operating and financing leases liabilities as of March 31, 2019:

	Operating Leases			Financing Leases
Year Ended December 31,
2019 (remaining nine months)	$	390,776		$	662,771
2020		544,759			897,425
2021		570,765			913,130
2022		583,392			929,110
2023		472,444			945,369
Thereafter		3,206,389			15,924,033
Total lease payments		5,768,525			20,271,838
Less: imputed interest		(2,003,066	)		(8,927,589	)
Total	$	3,765,459		$	11,344,249