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Debentures | 3 Months Ended | 12 Months Ended
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Mar. 31, 2020 | Dec. 31, 2019
Text Block [Abstract] |  |
Debentures | 10. Debentures On May 15, 2019 and September 28, 2018, the Company issued Debentures, non-convertible into shares, in the amount of R$ 800,000, with the objective of funding the Group’s working capital and treasury investments. As of March 31, 2020, the total balance is comprised of the following issuances:
Issuance |  | Quantity (units) |  |  | Annual rate |  |  | Issuance date |  |  | Maturity date |  |  | Unit value at issuance |  |  | Unit value at period-end |  |  | Book value |
1st |  |  | 400,000 |  |  |  | 108.0% CDI |  |  |  | 9/28/2018 |  |  |  | 9/28/2020 |  |  | R$ | 1,000.00 |  |  | R$ | 1,093.87 |  |  |  | 438,010 |
2st |  |  | 400,000 |  |  |  | 107.5% CDI |  |  |  | 5/15/2019 |  |  |  | 5/15/2022 |  |  | R$ | 1,000.00 |  |  | R$ | 1,016.83 |  |  |  | 406,351 |
Total |  |  | 800,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 844,361 |
|  | March 31, 2020 |  |  | December 31, 2019 |
Principal |  |  | 800,000 |  |  |  | 800,000 |
Interest |  |  | 56,258 |  |  |  | 47,127 |
Payments |  |  | (11,897 | ) |  |  | (11,897 | )
Total |  |  | 844,361 |  |  |  | 835,230 |
Current |  |  | 444,361 |  |  |  | 435,230 |
Non-current |  |  | 400,000 |  |  |  | 400,000 |
The principal amount and accrued interest payables related to the first issuance are due on the maturity date, while for the second issuance, 50% of the principal amount is due on May 15, 2021 and the remaining balance on the maturity date, and accrued interest payable every 12 months from the issuance date. There were no amounts paid in the period ended March 31, 2020. Debentures are subject to financial covenants, which comply with certain performance conditions. The Group has complied with these covenants throughout the reporting period (Note 24(b)). | 16. Debentures On May 15, 2019 and September 28, 2018, the Company issued Debentures, non-convertible into shares, in the amount of R$ 800,000, with the objective of funding the Group’s working capital and treasury investments. As of December 31, 2019, the total balance is comprised of the following issuances:
Issuance |  | Quantity (units) |  |  | Annual rate |  |  | Issuance date |  |  | Maturity date |  |  | Unit value at issuance |  |  | Unit value at period-end |  |  | Book value |
1st |  |  | 400,000 |  |  |  | 108,0% CDI |  |  |  | 9/28/2018 |  |  |  | 9/28/2020 |  |  | R$ | 1,000.00 |  |  | R$ | 1,082.01 |  |  |  | 433,262 |
2st |  |  | 400,000 |  |  |  | 107,5% CDI |  |  |  | 5/15/2019 |  |  |  | 5/15/2022 |  |  | R$ | 1,000.00 |  |  | R$ | 1,005.88 |  |  |  | 401,968 |
Total |  |  | 800,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 835,230 |
|  | 2019 |  |  | 2018 |
Principal |  |  | 800,000 |  |  |  | 400,000 |
Interest |  |  | 47,127 |  |  |  | 6,538 |
Payments |  |  | (11,897 | ) |  |  | — |
Total |  |  | 835,230 |  |  |  | 406,538 |
Current |  |  | 435,230 |  |  |  | — |
Non-current |  |  | 400,000 |  |  |  | 406,538 |
The principal amount and accrued interest payables related to the first issuance are due on the maturity date, while for the second issuance, 50% of the principal amount is due on May 15, 2021 and the remaining balance on the maturity date, and accrued interest payable every 12 months from the issuance date. There were no amounts paid in 2019. Debentures are subject to financial covenants, which comply with certain performance conditions. The Group has complied with these covenants throughout the reporting period (Note 34(ii)).

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