LEASES (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of Maturities of Operating Lease Liabilities

Maturities of our lease liabilities for all operating leases are as follows as of March 31, 2020:

March 31, 2020
	Facilities			Equipment			Plant			Railcar			Total
Year 1	$	686,622		$	161,539		$	4,060,417		$	955,956		$	5,864,534
Year 2	506,516			145,827			4,060,417			496,986			5,209,746
Year 3	365,539			2,280			4,060,417			99,780			4,528,016
Year 4	300,000			—			4,060,417			—			4,360,417
Year 5	300,000			—			4,060,417			—			4,360,417
Thereafter	2,325,000			—			32,509,802			—			34,834,802
Total lease payments	$	4,483,677		$	309,646		$	52,811,887		$	1,552,722		$	59,157,932
Less: interest	(1,647,216		)	(17,780		)	(22,265,580		)	(100,529		)	(24,031,105		)
Present value of lease liabilities	$	2,836,461		$	291,866		$	30,546,307		$	1,452,193		$	35,126,827

Schedule of Operating Lease Weighted Average Remaining Lease Terms and Discount Rates

The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of March 31, 2020:

Remaining lease term and discount rate:	March 31, 2020
Weighted average remaining lease terms (years)
Lease facilities	6.11
Lease equipment	1.92
Lease plant	13.01
Lease railcar	1.54
Weighted average discount rate
Lease facilities	9.18	%
Lease equipment	8.00	%
Lease plant	9.37	%
Lease railcar	8.00	%