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Leases (Tables) | 3 Months Ended
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Sep. 30, 2019
Notes to Financial Statements |
Schedule of operating lease related assets and liabilities |
|  | September 30, 2019 |
Rights of use lease assets |  | $ | 3,241,426 |
Operating lease liabilities – current |  | $ | 428,863 |
Operating lease liabilities – non-current |  |  | 3,020 |
Total operating lease liabilities |  | $ | 431,883 |
Schedule of weighted average remaining lease terms and discount rates for operating leases |
|  | September 30, 2019 |
Remaining lease term and discount rate: |  |  |
Weighted average remaining lease term (years) |  |  | 9.77 |
Weighted average discount rate |  |  | 5.0 | %
Schedule of maturities of lease liabilities |
2020 |  | $ | 860,742 |
2021 |  |  | 644,227 |
2022 |  |  | 426,331 |
2023 |  |  | 204,173 |
2024 |  |  | 204,173 |
Thereafter |  |  | 913,740 |
Total lease payments |  |  | 3,253,386 |
Less: imputed interest |  |  | (11,960 | )
Less: prepayments |  |  | (2,809,543 | )
Present value of lease liabilities |  | $ | 431,883 |

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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