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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 18,938,455 $ 4,947,671
Restricted cash 616,414 417,911
Commissions and agency fees receivable, net 1,958,539 1,268,172
Receivable from franchisees, net 396,922 564,087
Prepaid expenses 937,826 521,362
Total current assets 22,848,156 7,719,203
Receivable from franchisees, net of current portion 1,841,844 1,360,686
Property and equipment, net of accumulated depreciation 6,934,029 6,845,121
Intangible assets, net of accumulated amortization 241,286 216,468
Other assets 149,806 565,191
Total assets 32,015,121 16,706,669
Current Liabilities:    
Accounts payable and accrued expenses 4,305,386 2,759,241
Premiums payable 616,414 417,911
Unearned revenue 510,000 1,062,050
Dividends payable 0 550,000
Deferred rent 420,850 477,818
Note payable 500,000 500,000
Total current liabilities 6,352,650 5,767,020
Deferred income taxes, net 90,532 0
Deferred rent, net of current portion 4,252,020 3,916,257
Note payable, net of current portion 48,004,034 48,156,340
Total liabilities 58,699,236 57,839,617
Commitments and contingencies (see note 6)
Members’ deficit 0 (41,132,948)
Additional paid in capital 89,033,692 0
Accumulated deficit (7,558,112) 0
Total stockholders' equity and members' deficit 81,838,380 (41,132,948)
Non-controlling interests (108,522,495) 0
Total equity (26,684,115) (41,132,948)
Total liabilities and stockholders' equity 32,015,121 16,706,669
Class A Common Stock    
Current Liabilities:    
Common stock 135,333 0
Class B Common Stock    
Current Liabilities:    
Common stock $ 227,467 $ 0