SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Summary of Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the same such amounts shown in the consolidated statements of cash flows.

	March 31, 2020		March 31, 2019
Cash and cash equivalents	$	16,295,062	$	1,676,808
Restricted cash	100,134		100,000
Cash and cash equivalents and restricted cash as shown in the consolidated statements of cash flows	$	16,395,196	$	1,776,808

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the same such amounts shown in the consolidated statements of cash flows.

	March 31, 2020		March 31, 2019
Cash and cash equivalents	$	16,295,062	$	1,676,808
Restricted cash	100,134		100,000
Cash and cash equivalents and restricted cash as shown in the consolidated statements of cash flows	$	16,395,196	$	1,776,808