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Operating Leases
 6 Months Ended
Jun. 30, 2018
Leases [Abstract]  
Operating Leases
Operating Leases
The Company currently leases office space of approximately 37,829 square feet at one location. The following table summarizes the total lease and operating expenses for the three and six months ended June 30, 2018 and 2017:
 
 
June 30,
2018
 
June 30,
2017
Three Months Ended
$
238,014

 
$
234,191

Six Months Ended
$
494,304

 
$
465,654

The approximate future minimum lease payments under the operating lease are as follows:
 
Future Minimum Lease Payments
Six Months 
 Remaining In
 
 
 
 
 
 
 
 
 
 
 
 
2018
 
2019
 
2020
 
2021
 
2022
 
Thereafter
 
Total
$
293,175

 
$
595,807

 
$
624,179

 
$
624,179

 
$
624,179

 
$
1,092,000

 
$
3,853,519


In addition to the above lease payments, the Company is also responsible for normal operating expenses of the property. Such operating expenses were approximately $0.4 million in 2017, and are expected to be approximately the same in 2018.