Notes Payable and Accrued Interest (Tables)

6 Months Ended

Jun. 30, 2021

Notes Payable and Accrued Interest

Notes payable and accrued interest

	June 30, 2021		December 31, 2020
Drake Indebtedness, subject to compromise at June 30, 2021:
Principal	$	79,936,800	$	88,557,000
Unamortized debt issuance costs		-		(780,900	)
Accrued interest		124,100		739,000
PPP Loan, subject to compromise at June 30, 2021:
Principal		170,000		276,400
Accrued interest		600		1,700
	$	80,231,500	$	88,793,200
Nord Loans held for sale:
Principal	$	-	$	14,091,300
Unamortized debt issuance costs		-		(313,400	)
Accrued interest		-		59,000
	$	-	$	13,836,900