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Notes Payable (Tables)
6 Months Ended
Jun. 30, 2020
Debt Instruments [Abstract]  
Summary of Notes Payable

The Company notes payable consist of the following:

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

Outstanding Balance

 

 

Outstanding Balance

 

Christian Super promissory note

 

$

5,000,000

 

 

$

5,000,000

 

Total notes payable

 

$

5,000,000

 

 

$

5,000,000

 

Summary of Principal Payments Due on Borrowings

The principal payments due on borrowings for each of the next five years ending December 31 and thereafter, are as follows:

 

Year ending December 31:

 

Principal payments

 

2020

 

$

 

2021

 

 

5,000,000

 

Thereafter

 

 

-

 

 

 

$

5,000,000