Bank Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of debt proceeds received and principal repayments made during the year

	During the Three-Month Period Ended June 30, 2020					During the Three-Month Period Ended June 30, 2019
	Proceeds from Debt Issuance		Debt Principal Repayments			Proceeds from  Debt Issuance		Debt Principal Repayments
Loan #1	$	—	$	—		$	—	$	(16,881	)
Loan #2		—		—			—		(22,260	)
Loan #3		—		—			—		(140,714	)
Loan #4		—		—			—		(32,000	)
Loan #5		—		—			—		(2,805	)
Loan #6		—		(31,497	)		—		—
Loan #7		—		(110,397	)		—		—
Loan #8		937,700		—			—		—
Loan #9		500,000		—			—		—
Total	$	1,437,700	$	(141,894	)	$	—	$	(214,660	)

	During the Six-Month Period Ended June 30, 2020					During the Six-Month Period Ended June 30, 2019
	Proceeds from Debt Issuance		Debt Principal Repayments			Proceeds from Debt Issuance		Debt Principal Repayments
Loan #1	$	—	$	(493,696	)	$	—	$	(33,762	)
Loan #2		—		(2,143,771	)		—		(44,520	)
Loan #3		—		(3,236,429	)		—		(281,429	)
Loan #4		—		(2,336,000	)		—		(64,000	)
Loan #5		—		(309,182	)		—		(5,250	)
Loan #6		5,100,000		(31,497	)		—		—
Loan #7		3,500,000		(110,397	)		—		—
Loan #8		937,700		—			—		—
Loan #9		500,000		—			—		—
Total	$	10,037,700	$	(8,660,972	)	$	—	$	(428,961	)

Schedule of principal payments due under debt outstanding

	During the Six-Month Period Ending December 31,		During the Years Ending December 31,
	2020		2021		2022		2023		2024		2025 and After		Total
Loan #6	$	64,964	$	133,384	$	138,128	$	143,041	$	148,128	$	4,440,858	$	5,068,503
Loan #7		224,551		461,046		477,444		494,425		512,011		1,220,125		3,389,602
Loan #8(1)		155,309		625,130		157,261		—		—		—		937,700
Loan #9		—		—		22,160		91,446		96,104		290,290		500,000
Subtotal	$	444,824	$	1,219,560	$	794,993	$	728,912	$	756,243	$	5,951,273	$	9,895,805
Debt Issuance Costs														(37,888	)
Total													$	9,857,917

⁽¹⁾ These principal payments would not be due if the loan amount is forgiven by the federal government.