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Bank Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of interest rate swaps classified as level 2 fair value

		During the Three-Month Periods Ended March 31,
		2019				2018
Payments required by interest rate swaps		$	(1,564	)		$	5,285
Other comprehensive (loss) income, net of taxes		$	(27,069	)		$	43,859

Schedule of debt proceeds received and principal repayments made during the year

		During the Three-Month Period Ended March 31, 2019								During the Three-Month Period Ended March 31, 2018
		Proceeds from Debt Issue				Debt Principal Repayments				Proceeds from Debt Issue				Debt Principal Repayments
Loan #1		$	—			$	(16,881	)		$	—			$	(15,888	)
Loan #2			—				(22,260	)			—				(21,279	)
Loan #3			—				(140,715	)			—				—
Loan #4			—				(32,000	)			267,141				—
Loan #5			—				(2,445	)			—				(2,636	)
Total		$	—			$	(214,301	)		$	267,141			$	(39,803	)

Schedule of principal payments due under debt outstanding

		Nine-Months ending 12/31/2019				Year ending 12/31/2020				Year ending 12/31/2021				Year ending 12/31/2022				Year Ending 12/31/2023				After 12/31/2023				Total
Loan #1		$	52,027			$	493,696			$	—			$	—			$	—			$	—			$	545,723
Loan #2			67,737				94,005				98,538				103,077				107,769				1,740,382				2,211,508
Loan #3(1)			422,143				562,857				562,857				562,857				562,857				985,000				3,658,571
Loan #4(1)			96,000				128,000				128,000				128,000				128,000				1,824,000				2,432,000
Loan #5(2)			8,582				11,926				12,503				13,107				13,741				258,463				318,322
Subtotal		$	646,489			$	1,290,484			$	801,898			$	807,041			$	812,367			$	4,807,845				9,166,124
Debt Issue Costs																											(110,343	)
Total																										$	9,055,781

(1) These notes bear interest at a variable rate equal to the one-month LIBOR plus a margin of 2.25%. Figures in this table are estimated using an interest rate of approximately 4.74%. The actual interest rate and principal payments will be different.

(2) This note bears interest at a variable rate equal to the one-month LIBOR plus a margin of 2.25%. Figures in this table are estimated using an interest rate of approximately 4.73%. The actual interest rate and principal payments will be different.

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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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