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BONDS PAYABLE (Tables)
 3 Months Ended
Mar. 31, 2018
Bonds Payable Tables  
Schedule of bonds and interest payable

The outstanding balance of these Bonds at March 31, 2018 is as follows:

 

    March 31,
2018		     December 31,
2017		  
             
Bonds (Series A)   $ 113,793     $ 115,336  
Bonds (Series B)     39,179       —  
Less: deferred issuance expense, net     (7,639 )     (5,916 )
Accrued Interest     1,555       3,629  
    $ 146,888     $ 113,049  

 

Schedule of principal payments on the bonds payable

The aggregate maturity of the bonds are as follows:

 

Year      
2018   $ —  
2019     23,067  
2020     23,067  
2021     23,067  
2022     30,903  
Thereafter     52,868  
    $ 152,972