XML 56 R45.htm IDEA: XBRL DOCUMENT v3.22.2
Secured Credit Facility (Details) - USD ($)
3 Months Ended 6 Months Ended
Apr. 16, 2020
Jun. 30, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Mar. 16, 2022
Aug. 29, 2019
Aug. 01, 2018
Secured Credit Facility (Details) [Line Items]                  
Gain on Debt Forgiveness     $ 2,912,433      
Small Business Administrations Payroll Protection Program [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Proceeds from Issuance of Long-Term Debt $ 2,889,000                
Gain on Debt Forgiveness       $ 2,912,433          
Interest Rate Swap [Member] | First IRSA With Co Bank [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Derivative, Notional Amount   $ 11,527,100     $ 11,527,100       $ 16,137,500
Debt, Weighted Average Interest Rate   5.27%     5.27%        
Interest Rate Swap [Member] | Second IRSA CoBank [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Derivative, Notional Amount   $ 32,308,404     $ 32,308,404     $ 42,000,000  
Debt, Weighted Average Interest Rate   3.50%     3.50%        
Secured Debt [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Debt Instrument, Covenant Description         Our loan agreements include restrictions on our ability to pay cash dividends to our stockholders. However, we are allowed to pay dividends (a) (i) in an amount up to $2,700,000 in any year if our “Total Leverage Ratio,” that is, the ratio of our “Indebtedness” to “EBITDA” (earnings before interest, taxes, depreciation and amortization – as defined in the loan documents), is greater than 2.00 to 1.00, and (ii) in any amount if our Total Leverage Ratio is less than 2.00 to 1.00, and (b) in either case, if we are not in default or potential default under the loan agreements        
Debt Instrument Threshold Amount Dividends         $ 2,700,000        
Ratio of Indebtedness to Net Capital   2.06     2.06        
Revolving Credit Facility [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Line of Credit Facility, Maximum Borrowing Capacity   $ 20,000,000     $ 20,000,000   $ 10,000,000    
Long-Term Line of Credit   11,300,000     11,300,000        
Line of Credit [Member]                  
Secured Credit Facility (Details) [Line Items]                  
Long-Term Debt, Gross   20,800,000     20,800,000        
Long-Term Debt   $ 9,500,000     $ 9,500,000        
Debt Instrument, Interest Rate, Effective Percentage   3.91%     3.91%