Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Commitments and Contingencies (Tables)

v3.19.1
Note 13 - Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2019
Notes Tables  
Lease, Cost [Table Text Block]
    Three Months Ended
March 31, 2019
     
Finance lease costs:        
Amortization of assets   $
6,169
  
Interest on lease liabilities    
1,911
  
Total finance lease costs    
8,080
  
Operating lease costs   $
697,755
  
Total lease costs   $
705,835
  
      March 31, 2019  
     
Operating Leases:        
Operating lease right-of -use asset   $
9,977,018
  
         
Current maturities of operating leases   $
1,831,056
  
Non-current operating leases    
9,031,909
  
Total operating lease liabilities   $
10,862,965
  
         
Finance Leases:        
Property and equipment, at cost   $
80,604
  
Less accumulated amortization    
(6,169
 )
Property and equipment, net   $
74,435
  
         
         
Current maturities of finance leases   $
22,507
  
Long-term debt and finance leases    
52,812
  
Total finance lease libililities   $
75,319
  
         
Weighted average remaining lease term (in years):        
Operating leases    
5.73
  
Finance lease    
3.02
  
         
Weighted average discount rate:        
Operating leases    
9.38
 %
Finance leases    
10.00
 %
    Three Months Ended
March 31, 2019
     
Cash paid for amounts included in measurement of liabilities:        
Operating cash flows from operating leases   $
735,426
  
Operating cash flows from finance leases    
1,911
  
Financing cash flows from finance leases    
5,285
  
         
ROU assets obtained in exchange for lease liabilities        
Operating lease   $
-
  
Finance lease    
80,604
  
Lessee, Leases, Liability, Maturity [Table Text Block]
        Operating Leases       Finance Lease    
  2019 (remainder)   $
2,065,779
     $
21,590
    
  2020    
2,557,295
      
28,786
    
  2021    
2,455,323
      
28,786
    
  2022    
2,363,234
      
7,676
    
  2023    
1,683,255
      
-
    
  Thereafter    
2,905,580
      
-
    
  Total lease payments   $
14,030,466
     $
86,838
    
  Less: Imputed interest    
(3,167,501
 )    
(11,519
 )  
  Total lease obligations    
10,862,965
      
75,319
    
  Less: Current obligations    
(1,831,056
 )    
(22,507
 )  
  Long-term lease obligation   $
9,031,909
     $
52,812
    
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
      Operating Leases  
  2019   $
2,630,443
    
  2020    
2,406,645
    
  2021    
2,299,887
    
  2022    
2,195,077
    
  2023    
1,474,396
    
  Thereafter    
2,772,575
    
  Total lease payments   $
13,779,023