LEASES AND COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2019

LEASES AND COMMITMENTS [Abstract]

Schedule of classification of right of use assets

	Balance Sheet Location	December 31, 2019
Assets
Finance	Land, buildings and equipment, net (1)	96,284
Operating	Operating lease right-of-use assets	74,832
Total Leased Assets		$ 171,116

1  – Finance lease assets are net of accumulated amortization of $23,795 for the year ended December 31, 2019.

Schedule of lease terms and discount rates

	December 31, 2019
Weighted average remaining lease term (in years):
Finance	3.7
Operating	1.3
Weighted average discount rate (%):
Finance	5.0%
Operating	5.4%

Schedule of maturities of operating and financing leases

The maturity of operating leases and finance leases for the year ended December 31, 2019 are as follows:

Year Ended December 31, 2019	Operating leases		Finance leases
2020		31,349		28,743
2021		23,100		28,743
2022		23,100		28,743
2023		—		19,331
Total minimum lease obligations		77,549		105,560
Less: amounts representing interest		(2,717)		(9,276)
Present value of minimum lease payments		74,832		96,284
Less: current portion		(29,776)		(24,500)
Lease obligations, net of current portion	$	45,056	$	71,784

Schedule Of Future Minimum And Purchase Obligations

	Payment due by period
	Total Amount
Obligations	Committed		2020
Purchases		235,000	$	235,000