Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Operating Lease Information

Supplemental balance sheet information related to leases was as follows:

 

        (Unaudited)        
Operating Leases   Classification   June 30, 2020     December 31 , 2019  
Right-of-use assets   Operating lease assets   $ 11,007,038     $ 11,668,026  
                     
Current lease liabilities   Current operating lease liabilities     3,183,302       3,299,309  
Non-current lease liabilities   Long-term operating lease liabilities     13,832,826       14,382,354  
        $ 17,016,128     $ 17,681,663  

 

Lease term and discount rate were as follows:            
             
    (Unaudited)        
    June 30, 2020     December 31, 2019  
Weighted average remaining lease term (years)     7.69       8.19  
Weighted average discount rate     10 %     10 %