Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured On Recurring Basis

The following table presents the Company’s liabilities that are measured at fair value on a recurring basis at December 31, 2019:

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	483,804		—		—		483,804
Total derivative liabilities	483,804		—		—		483,804
Total assets and liabilities measured at fair value	$	483,804	$	—	$	—	$	483,804

The derivative liabilities above are classified as other long-term liabilities in the December 31, 2019 consolidated balance sheet.

The following table presents the Company’s liabilities that are measured at fair value on a recurring basis at December 31, 2018: 

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	498,086		—		—		498,086
Total derivative liabilities	498,086		—		—		498,086
Total assets and liabilities measured at fair value	$	498,086	$	—	$	—	$	498,086

Fair Value Measurements Using Significant Unobservable Inputs

The following table presents the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as of each of the years ended December 31, 2019 and 2018: 

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	December 31, 2019			December 31, 2018
Beginning Balance	$	498,086		$	445,838
Total (earnings) loss recognized in earnings	(14,282		)	52,248
Ending Balance	$	483,804		$	498,086

Earnings and losses resulting from changes in the fair value of the derivative instruments above are recorded as a component of interest and other expense.