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Operating Leases (Notes)
 12 Months Ended
Dec. 31, 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 years ended December 31, 2018, 2017 and 2016:
For the year ended December 31,
2018
 
2017
 
2016
$
970,143

 
$
936,008

 
$
882,231


The approximate future minimum lease payments under the operating lease are as follows:
 
 
Future Minimum Lease Payments by Year
Total
 
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
$
3,853,831

 
$
586,350

 
$
614,721

 
$
624,179

 
$
624,179

 
$
624,179

 
$
780,223


In addition to the above lease payments, the Company is also responsible for normal operating expenses of the property. Such annual operating expenses were approximately $0.4 million in each of 2018, 2017 and 2016.