Loans Payable (Tables)

3 Months Ended

Mar. 31, 2018

Loans Payable [Abstract]

Information Regarding Loans Payable

Information regarding the loans payable is as follows:

	Date of Loan	Rate		Due Date	March 31, 2018		December 31, 2017
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
Loan payable	September 2017		5.25%	December 31, 2019		-		150,000
Loan payable	October 2017		5.25%	December 31, 2019		-		446,000
Loan payable	December 2017		5.25%	December 31, 2019		-		200,000
					$	-	$	2,296,000

Information Regarding Accrued Interest Expense on Loans Payable

Information regarding accrued interest expense on the loans payable is as follows:

(in thousands)	December 31, 2017
Accrued interest expense	$	67