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Other Expenses, Net
6 Months Ended
Jun. 30, 2020
Other Income and Expenses [Abstract]  
OTHER EXPENSES, NET

15. OTHER EXPENSES, NET

 

Other expenses, net, consisted of the following:

 

   During the Three-Month
Periods Ended June 30,
   During the Six-Month
Periods Ended June 30,
 
   2020   2019   2020   2019 
Interest expense(1)  $77,049   $111,990   $423,999   $226,031 
Interest income   (2,525)   (47,099)   (15,699)   (49,414)
Other expenses, net  $74,524   $64,891   $408,300   $176,617 

 

(1)During the three-month period ended March 31, 2020 interest expense included the write-off of $95,000 of debt issuance costs and the payment of $165,000 to terminate our interest rate swap agreements associated with debt that we repaid.