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BONDS AND INTEREST PAYABLE (Tables)

12 Months Ended

Dec. 31, 2017

Bonds And Interest Payable Tables

Schedule of bonds and interest payable

a.     Consisting of the following:
		December 31,
		2017				2016
Bonds (Series A)		$	115,336			$	—
Less; deferred issuance expense, net			(5,916	)			—
Accrued Interest			3,629				—
		$	113,049			$	—

Schedule of principal payments on the bonds payable

b.     Aggregate maturities are as follows:
		December 31,
			2017				2016
2018		$	—				—
2019			23,067				—
2020			23,067				—
2021			23,067				—
2022			23,067				—
Thereafter			23,067				—
		$	115,335				—

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

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