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DEBT (Details Narrative) |  |  |  | 3 Months Ended | 9 Months Ended
--- | --- | --- | --- | --- | ---
Jul. 30, 2018 USD ($) | Jun. 07, 2018 USD ($) | May 01, 2018 USD ($) Number | Sep. 30, 2018 USD ($) | Sep. 30, 2018 USD ($)
Proceeds from term loan |  |  |  |  | $ 75,000,000
Amortization of debt issuance costs |  |  |  | $ 119,753 | 149,909
First Year After Tranche 1 Funding Date [Member] |  |  |  |  |
Prepayment fee (percent) |  |  | 4.00% |  |
Second Year After Tranche 1 Funding Date [Member] |  |  |  |  |
Prepayment fee (percent) |  |  | 3.00% |  |
Third Year and Thereafter After Tranche 1 Funding Date [Member] |  |  |  |  |
Prepayment fee (percent) |  |  | 2.00% |  |
Council License Agreement [Member] |  |  |  |  |
Proceeds from term loan | $ 75,000,000 |  |  |  |
Term Loan [Member] |  |  |  |  |
Borrowing capacity under loan facility |  |  | $ 200,000,000 |  |
Number of tranches under term loan facility |  |  | 3 |  |
Revenue requirement to extend interest-only period |  |  | $ 95,000,000 |  |
Description of Interest Rate |  |  | <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> one-month LIBOR (subject to a LIBOR floor of 1.50%) plus (ii) 7.75% per annum</font></p> |  |
Basis spread of loan |  |  | 7.75% |  |
LIBOR floor |  |  | 1.50% |  |
Number of principal installment payments | Number |  |  | 36 |  |
Maturity date |  |  | May 01, 2023 |  |
Interest-only period extension |  |  | 12 months |  |
Interest expense - debt |  |  |  | 1,933,324 | 2,434,550
Minimum cash balance requirement under credit agreement |  |  | $ 50,000,000 |  |
Loan origination fee (percent) |  |  | 1.00% |  |
Annual administration fee (percent) |  |  | 0.25% |  |
Term Loan [Member] | Tranche 1 [Member] |  |  |  |  |
Borrowings outstanding |  |  |  | 75,000,000 | 75,000,000
Proceeds from term loan |  | $ 75,000,000 |  |  |
Debt issuance costs |  | $ 3,786,918 |  |  |
Debt discount |  |  |  | $ 1,888,844 | $ 1,888,844
Effective interest rate |  |  |  | 10.90% | 10.90%
Term Loan [Member] | Tranche 2 [Member] |  |  |  |  |
Borrowing capacity under loan facility |  |  | $ 75,000,000 |  |
Term Loan [Member] | Tranche 3 [Member] |  |  |  |  |
Borrowing capacity under loan facility |  |  | 50,000,000 |  |
Revenue requirement to draw on term loan tranche |  |  | $ 75,000,000 |  |

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