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v3.20.1

Bank Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Schedule of interest rate swaps classified as level 2 fair value |
|  | During the Year Ended December 31, |
|  | 2019 |  |  | 2018 |
(Receipts) payments required by interest rate swaps |  | $ | (675 | ) |  | $ | 9,581 |
Other comprehensive (loss) income, net of taxes |  | $ | (74,052 | ) |  | $ | 30,795 |
Schedule of debt proceeds received and principal repayments made during the year |
|  | During the Year Ended December 31, 2019 |  |  | During the Year Ended December 31, 2018 |
|  | Proceeds from Debt Issuance |  |  | Debt Principal Repayments |  |  | Proceeds from Debt Issuance |  |  | Debt Principal Repayments |
Loan #1 |  | $ | — |  |  | $ | (68,908 | ) |  | $ | — |  |  | $ | (64,876 | )
Loan #2 |  |  | — |  |  |  | (89,997 | ) |  |  | — |  |  |  | (86,097 | )
Loan #3 |  |  | — |  |  |  | (562,857 | ) |  |  | 426,499 |  |  |  | (140,714 | )
Loan #4 |  |  | — |  |  |  | (128,000 | ) |  |  | 267,141 |  |  |  | (96,000 | )
Loan #5 |  |  | — |  |  |  | (11,585 | ) |  |  | — |  |  |  | (10,621 | )
Total |  | $ | — |  |  | $ | (861,347 | ) |  | $ | 693,640 |  |  | $ | (398,308 | )
Schedule of principal payments due under debt outstanding |
|  | During the Years Ended December 31, |  |  | After December 31, |  |  | Total |
|  | 2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | 2024 |  |  | 2024 |  |  |  |
Loan #1 |  | $ | 493,696 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 493,696 |
Loan #2 |  |  | 94,005 |  |  |  | 98,538 |  |  |  | 103,077 |  |  |  | 107,769 |  |  |  | 112,623 |  |  |  | 1,627,759 |  |  |  | 2,143,771 |
Loan #3(1) |  |  | 562,857 |  |  |  | 562,857 |  |  |  | 562,857 |  |  |  | 562,857 |  |  |  | 562,857 |  |  |  | 422,144 |  |  |  | 3,236,429 |
Loan #4(1) |  |  | 128,000 |  |  |  | 128,000 |  |  |  | 128,000 |  |  |  | 128,000 |  |  |  | 128,000 |  |  |  | 1,696,000 |  |  |  | 2,336,000 |
Loan #5(2) |  |  | 12,575 |  |  |  | 13,088 |  |  |  | 13,623 |  |  |  | 14,180 |  |  |  | 14,760 |  |  |  | 240,956 |  |  |  | 309,182 |
Subtotal |  | $ | 1,291,133 |  |  | $ | 802,483 |  |  | $ | 807,557 |  |  | $ | 812,806 |  |  | $ | 818,240 |  |  | $ | 3,986,859 |  |  |  | 8,519,078 |
Debt Issuance Costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (97,612 | )
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 8,421,466 |
| (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 3.96%. 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 4.01%. The actual interest rate and principal payments will be different.

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