Loans Payable (Tables)

9 Months Ended

Sep. 30, 2017

Loans Payable [Abstract]

Information Regarding Loans Payable

Information regarding the loans payable is as follows:

Date of Loan		Rate			Due Date	September 30, 2017		December 31, 2016
Loan payable	January 2017		5.25	%	December 31, 2019	$	500,000	$	-
Loan payable	April 2017		5.25	%	December 31, 2019		500,000	$	-
Loan payable	June 2017		5.25	%	December 31, 2019		500,000	$	-
Loan payable	September 2017		5.25	%	December 31, 2019		150,000
						$	1,650,000	$	-

Information Regarding Accrued Interest Expense on Loans Payable

Information regarding accrued interest expense on the loans payable is as follows:

(in thousands)	September 30, 2017		December 31, 2016
Accrued interest expense	$	38	$	-