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Notes Payable to Stockholders - Related Party (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Notes Payable and Capital Leases

Notes payable and capital leases consisted of the following at March 31, 2018 and December 31, 2017:


 

 

March 31,

2018

 

December 31, 2017

 

Notes payable to stockholders

 

$

8,188,349

 

$

7,988,349

 

Capital lease obligation

 

 

2,505

 

 

3,443

 

 

 

 

8,190,854

 

 

7,991,792

 

Less: current maturities

 

 

(27,505

)

 

(7,991,792

)

Long-term maturities

 

$

8,163,349

 

$

Schedule of Maturities of Long-Term Obligations

The minimum annual principal payments of notes payable and capital lease obligations at March 31, 2018 were:


 

 

 

 

 

2018

 

$

27,505

 

2019

  

 

8,163,349

 

 Total

 

$

8,190,854