XML 54 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

Note 14 - Related Party Transactions

 

In 2019 and 2018, we recorded total net revenue of approximately $5,000 and $7,900, respectively, from related parties. The related parties consisted of a business owned by the father of Leann Saunders, our President, and businesses owned by members of our Board of Directors.

 

The Company leases its corporate headquarters from a company in which our CEO and President have a 24.3% jointly-held ownership interest (Note 15). Under the related party arrangement, approximately $464,500 and $490,600 was paid in rent and CAM for our corporate headquarters was included in the consolidated statements of income for the years ended December 31, 2019 and 2018, respectively.