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Note 5 - Leases: Schedule of Lease expense and other information (Tables)
6 Months Ended
Jun. 30, 2021
Tables/Schedules  
Schedule of Lease expense and other information

 

 

Three Months

Ended

June 30, 2021

 

Six Months

Ended

June 30, 2021

                                                                                                              

 

                              

 

                              

Operating lease expense

 

$1,871,636   

 

$3,711,403 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

Operating cash flows from operating leases  

 

1,841,046   

 

3,645,112 

Weighted-average remaining lease term – operating leases (in years)

 

7.07   

 

 

Weighted-average discount rate – operating leases

 

4.62% 

 

 

 

 

 

 

 

Lease maturity schedule as of June 30, 2021:

 

Amount

 

 

Remainder of 2021

 

$3,686,282  

 

 

2022 

 

7,019,399  

 

 

2023 

 

6,139,863  

 

 

2024 

 

5,332,942  

 

 

2025 

 

4,973,758  

 

 

2026 and beyond  

 

14,440,142  

 

 

Total 

 

41,592,386  

 

 

Less: Interest

 

(5,935,678) 

 

 

Present Value of Lease Liability

 

$35,656,708