XML 83 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of long-term debt

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

2019

 

2018

Commercial Loan

 

$

15,200,000

 

$

4,416,667

Revolving Credit Facility

 

 

5,000,000

 

 

 —

Revolving Line of Credit

 

 

 —

 

 

3,500,000

Total Debt

 

 

20,200,000

 

 

7,916,667

Less: debt issuance costs

 

 

189,525

 

 

334,554

Less: current portion

 

 

3,200,000

 

 

1,000,000

Total long-term debt

 

$

16,810,475

 

$

6,582,113

 

Schedule of Maturities of Long-term Debt [Table Text Block]

 

 

 

 

Year Ended December 31,

    

Amount

2020

 

 

3,200,000

2021

 

 

3,200,000

2022

 

 

8,200,000

2023

 

 

3,200,000

2024

 

 

2,400,000

 

 

$

20,200,000