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NOTES PAYABLE (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of notes payable |
Schedule of notes payable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Collateral |  | Guarantors |  | Interest rate |  | Due date |  | June 30, 2023 |  |  | December 31, 2022 |
AGREE secured construction loans |  | AGREE hotels |  | - |  | 7.0% |  | January 1, 2025 |  | $ | 67,359,000 |  |  | $ | 62,395,000 |
Circle 8 Crane Services, LLC (“Circle 8”) revolving credit facility |  | Circle 8 cranes |  | - |  | 8.4% |  | December 16, 2025 |  |  | 16,616,000 |  |  |  | 14,724,000 |
8.5% secured promissory notes |  | 19,389 Antminers, BNI Montana assets, Circle 8 membership interests, Florida property, Michigan property, aircraft |  | Ault & Company, Ault Lending, Milton C. Ault, III |  | 8.5% |  | May 7, 2024 |  |  | 16,001,000 |  |  |  | 17,389,000 |
16% senior secured promissory notes* |  | 12,000 Antminers, Ault Lending securities, |  | Ault & Company, Sentinum, Ault Lending, Milton C. Ault, III |  | 16.0% |  | September 15, 2023 |  |  | 12,034,000 |  |  |  | 17,456,000 |
Circle 8 equipment financing notes |  | Circle 8 equipment |  | - |  | 7.2% |  | November 16, 2026 |  |  | 6,715,000 |  |  |  | 10,677,000 |
3% secured promissory notes** |  | Certain Ault Lending securities |  | - |  | 3.0% |  | May 18, 2023 |  |  | 5,455,000 |  |  |  | 5,672,000 |
8% demand loans |  | - |  | - |  | 8.0% |  | Upon demand |  |  | 4,500,000 |  |  |  | - |
Short-term bank credit facilities |  | - |  | - |  | 5.6% |  | Renews monthly |  |  | 2,129,000 |  |  |  | 1,702,000 |
XBTO note payable |  | 2,482 Antminers |  | - |  | 12.5% |  | December 30, 2023 |  |  | 1,645,000 |  |  |  | 2,749,000 |
Note payable, related party |  | - |  | - |  | 9.5% |  | On demand |  |  | 750,000 |  |  |  | - |
10% secured promissory notes |  | - |  | - |  | 10.0% |  | August 10, 2023 |  |  | - |  |  |  | 8,789,000 |
SMC line of credit |  | SMC assets |  | - |  | 8.0% |  | October 14, 2025 |  |  | - |  |  |  | 1,761,000 |
Other*** |  | - |  | Ault & Company |  |  |  |  |  |  | 4,595,000 |  |  |  | 858,000 |
Total notes payable |  | - |  | - |  |  |  |  |  | $ | 137,799,000 |  |  | $ | 144,172,000 |
Less: |  | - |  | - |  |  |  |  |  |  |  |  |  |  |  |
Unamortized debt discounts |  | - |  | - |  |  |  |  |  |  | (3,804,000 | ) |  |  | (13,087,000 | )
Total notes payable, net |  | - |  | - |  |  |  |  |  | $ | 133,995,000 |  |  | $ | 131,085,000 |
Less: current portion |  | - |  | - |  |  |  |  |  |  | (46,434,000 | ) |  |  | (39,621,000 | )
Notes payable – long-term portion |  | - |  | - |  |  |  |  |  | $ | 87,561,000 |  |  | $ | 91,464,000 |
Schedule of maturities |
Schedule of maturities |  |  |  |  |
Year |  |  |  |
2023 |  |  | $ | 36,339,000 |
2024 |  |  |  | 15,307,000 |
2025 |  |  |  | 85,712,000 |
2026 |  |  |  | 441,000 |
|  |  | $ | 137,799,000 |
Schedule of interest expense |
Schedule of interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | For the Three Months Ended |  |  | For the Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Contractual interest expense |  | $ | 2,547,000 |  |  | $ | 1,999,000 |  |  | $ | 5,942,000 |  |  | $ | 2,920,000 |
Forbearance fees |  |  | 6,198,000 |  |  |  | - |  |  |  | 7,538,000 |  |  |  | 1,203,000 |
Amortization of debt discount |  |  | 7,182,000 |  |  |  | 32,000 |  |  |  | 16,177,000 |  |  |  | 27,732,000 |
Total interest expense |  | $ | 15,927,000 |  |  | $ | 2,031,000 |  |  | $ | 29,657,000 |  |  | $ | 31,855,000 |
Schedule of interest expense, related party |
Schedule of interest expense, related party |  |  |  |  |  |  |  |  |  |  |  |
|  | For the Three Months Ended |  |  | For the Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Interest income, related party |  | $ | 5,000 |  |  | $ | - |  |  | $ | 5,000 |  |  | $ | - |

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