XML 61 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
8. Income Taxes (Tables)
12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of deferred tax assets
  

As of December 31,

 
   2018   2017 
Deferred tax assets:          
Unrealized loss on marketable securities held in Trust Account  $   $18,678 
Total deferred tax assets       18,678 
Deferred tax liabilities:          
Unrealized gain on marketable securities held in Trust Account   (438)  $ 
Deferred tax assets (liabilities), net   (438)   18,678 
Valuation allowance        
Deferred tax assets (liabilities), net of allowance  $(438)  $18,678 
Schedule of income tax provision (benefit)
  

Year Ended

December 31, 2018

   For the Period From May 9, 2017 (Inception) to December 31, 2017 
Federal          
Current  $366,374   $63,395 
Deferred   13,969    (13,647)
State and Local          
Current   190,383    22,327 
Deferred   5,147    (5,031)
Income tax provision  $575,873   $67,044 
Reconciliation of income tax
  

Year Ended

December 31, 2018

   For the Period From May 9, 2017 (Inception) to December 31, 2017 
Statutory federal income tax rate   21.0%    30.8% 
State and local taxes, net of federal benefit   7.7%    6.8% 
Permanent differences   4.8%    0.2% 
Effect of federal rate change on deferred taxes   0.0%    3.6% 
Income tax provision   33.5%    41.4%