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Loans Payable (Tables)
6 Months Ended
Jun. 30, 2017
Loans Payable [Abstract]  
Information Regarding Loans Payable
Information regarding the loans payable is as follows:

Date of Loan
 
Rate
 
Due Date
 
June 30, 2017
  
December 31, 2016
 
Loan payable
January 2017
  
5.25
%
December 31, 2019
 
$
500,000
  
$
-
 
Loan payable
April 2017
  
5.25
%
December 31, 2019
  
500,000
   
-
 
Loan payable
June 2017
  
5.25
%
December 31, 2019
  
500,000
   
-
 
           
$
1,500,000
  
$
-
 

Information Regarding Accrued Interest Expense on Loans Payable
Information regarding accrued interest expense on the loans payable is as follows:

 
(in thousands)
 
June 30, 2017
  
December 31, 2016
 
Accrued interest expense
 
$
18
  
$
-