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NOTE 15 – COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Supplemental lease information
Supplemental lease information at:  March 31, 2020  December 31, 2019
Right-of-use asset  $9,757,167   $10,109,154 
Short-term operating lease liability (included in Other current liabilities)  $1,753,499   $1,501,539 
Long-term operating lease liability  $8,782,274   $9,145,049 
Weighted average remaining term   9 years    9 years 
Weighted average discount rate   8.25%   8.25%
           
           
Supplemental cash flow information
for the three months ended:
  March 31, 2020  March 31, 2019 
Cash paid for amounts included in the measurement of lease liabilities for operating lease  $327,386   $279,742 
Right-of-use assets obtained in exchange for lease obligation  $   $3,760,171 
           
The following table reconciles the undiscounted cash flows for all operating leases at March 31, 2020 to the operating lease liabilities recorded on the balance sheet:

The following table reconciles the undiscounted cash flows for all operating leases at March 31, 2020 to the operating lease liabilities recorded on the balance sheet:

 

Year Ended December 31,   
2020 (9 months)  $1,239,230 
2021   2,198,541 
2022   1,262,302 
2023   1,293,859 
2024   1,326,206 
Thereafter   8,036,931 
Total undiscounted lease payments   15,357,069 
Less: imputed interest   (4,821,296)
Present value of lease payments  $10,535,773