XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of supplemental lease information and cash flow information
     
Supplemental lease information at March 31, 2019:      
Right of use asset   $ 3,540,407  
Short-term operating lease liability   $ 1,158,286  
Long-term operating lease liability   $ 2,724,501  
Weighted average remaining term     5.3 years  
Weighted average discount rate     8.25 %

 

Supplemental cash flow information:        
Cash paid for amounts included in the measurement of lease liabilities for operating lease   $ 279,742  
Right-of-use assets obtained in exchange for lease obligation   $ 3,760,171  
Reconciliation of undiscounted cash flows for all operating leases to the operating lease liabilities

The following table reconciles the undiscounted cash flows for all operating leases at March 31, 2019 to the operating lease liabilities recorded on the balance sheet:

 

Years Ending December 31,        
2019 (9 months)     $ 879,998  
2020       1,292,914  
2021       1,135,467  
2022       172,651  
2023       176,968  
Thereafter       1,228,504  
Total undiscounted lease payments       4,886,502  
Less: Imputed interest       (1,003,715 )
Present value of lease payments     $ 3,882,787