Right-of-Use Assets and Lease Liabilities (Tables)

9 Months Ended

Dec. 31, 2019

Right Of Use Assets And Lease Liabilities [Abstract]

Schedule of Unaudited condensed consolidated balance sheet

	As of December 31, 2019
	(Unaudited)
Assets
Right-of-use asset(non-current)	$	2,107,807
Total	$	2,107,807
Liabilities
Lease liability(current)	$	327,169
Lease liability(non-current)		1,500,402
Total	$	1,827,571

Schedule of lease term

Office lease:
Remaining Lease Term	1 year, renewal option
Incremental borrowing rate	4.9%
Land lease:
Remaining Lease Term	From 1 to 10 years, no renewal option
Incremental borrowing rate	4.9%

Schedule of components of lease expense

	For the nine months ended December 31, 2019
	(Unaudited)
Amortization of ROU Asset
Land lease	$	367,752
Office Lease		29,589
Interest expense		-
Total lease expense	$	397,341

Schedule of Future annual minimum lease payments

	Operating Leases (Unaudited)
From April 2020 to March 2021	$	415,791
From April 2021 to March 2022		352,346
From April 2022 to March 2023		276,845
From April 2023 to March 2024		198,196
From April 2024 to March 2025		210,290
Thereafter		773,791
Total		2,227,259
Less: imputed interest		399,688
Total	$	1,827,571
Reconciliation to lease liabilities:
Lease liabilities - current	$	327,169
Lease liabilities - long-term		1,500,402
Total Lease Liabilities	$	1,827,571