Leases

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Leases

Leases

The Company has operating leases for corporate offices, warehouses, vehicles, and other equipment, which are included within "Plant and Equipment - Net" section of the Condensed Consolidated Balance Sheets. The leases have remaining lease terms of 1 year to 5 years. The weighted average remaining lease term for operating leases as of September 30, 2020 was 2 years, with a weighted average discount rate of 1.2%.

Future minimum lease payments for operating leases as of September 30, 2020 were as follows:

Year ending December 31,
2020 (excluding the nine months ended September 30, 2020)	$	394,431
2021	1,345,977
2022	825,645
2023	268,705
2024	32,956
Thereafter	5,951
Total future minimum lease payments	2,873,665
Less imputed interest	(24,182)
Total	$	2,849,483

Reported as of September 30, 2020
Accrued Liabilities	$	1,419,060
Other Non-Current Liabilities	1,430,423
Total	$	2,849,483