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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Schedule Of Supplemental Balance Sheet Information Related To Leases



		June 30,
Operating Leases	Classification	2019
Right-of-use assets	Operating lease assets	$	2,370,710

Current lease liabilities	Current operating lease liabilities		161,253
Non-current lease liabilities	Long-term operating lease liabilities		2,534,769
Total lease liabilities		$	2,696,022



	June 30,
	2019
Weighted average remaining lease term (years)		13.4
Weighted average discount rate		5.31%

Schedule Of Lease Expense Components



		Three months ended		Six months ended
		June 30,		June 30,
	Classification	2019		2019
Operating lease cost	Occupancy, General and administrative expenses and Pre-opening costs	$	74,701	$	151,506
Short-term lease cost	Other operating costs		737		1,474
Variable lease cost	Occupancy		9,276		18,380
Sublease income	General and administrative expenses		(909)		(1,675)
Total lease cost		$	83,805	$	169,685

Schedule Of Supplemental Cash Flow Related To Leases



	Three months ended		Six months ended
	June 30,		June 30,
	2019		2019
Cash paid for operating lease liabilities	$	73,572	$	145,404
Operating lease assets obtained in exchange for operating lease liabilities⁽¹⁾		64,807		2,466,046

(1) Amounts for the six months ended June 30, 2019 include the transition adjustment for the adoption of Topic 842 discussed in Note 2. "Recent Accounting Standards".

Schedule Of Maturity Of Lease Liabilities

Maturities of lease liabilities were as follows as of June 30, 2019:



	Operating Leases
Remainder of 2019	$	122,750
2020		300,235
2021		297,968
2022		297,663
2023		293,305
Thereafter		2,517,991
Total lease payments		3,829,912
Less: imputed interest		1,133,890
Present value of lease liabilities	$	2,696,022

As of June 30, 2019, the operating lease liability includes $2,085,168 related to options to extend lease terms that are reasonably certain of being exercised and exclude approximately $137,000 of legally binding minimum lease payments for leases signed but not yet commenced and $9,704 of future sublease income.

As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting, maturities of lease liabilities were as follows as of December 31, 2018:



	Operating Leases
2019	$	294,191
2020		296,579
2021		294,941
2022		295,290
2023		290,980
Thereafter		2,478,397
Total minimum lease payments	$	3,950,378