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Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases Disclosure [Abstract]  
Schedule of future minimum rent payments
Twelve-month period ending September 30,
2022  $94,800 
2023   94,800 
2024   23,700 
Total future minimum lease payments   213,300 
Less imputed interest   (8,866)
Total operating lease liability  $204,434 

 

Schedule of expenses incurred with respect to the company's leases
   Three
Months
Ended
September 30,
2021
  

Three

Months

Ended
September 30,
2020

 
Operating lease expense  $24,339   $24,521 
Finance lease amortization   5,302    5,406 
Finance lease interest   385    361 
Total lease expense  $30,026   $30,288 

 

   Nine
Months
Ended
September 30,
2021
  

Nine

Months

Ended
September 30,
2020

 
Operating lease expense  $73,017   $73,564 
Finance lease amortization   15,833    16,938 
Finance lease interest   1,230    679 
Total lease expense  $90,080   $91,181 

 

Schedule of components lease costs, lease term and discount rate
   September 30,
2021
 
Remaining lease term – operating lease   2.25 years 
Weighted average remaining lease term – finance leases   3.9 years 
Discount rate – operating lease   3.7%
Weighted average discount rate – finance leases   1.8%

 

   December 31,
2020
 
Remaining lease term – operating lease   3.0 years 
Weighted average remaining lease term – finance leases   4.6 years 
Discount rate – operating lease   3.7%
Weighted average discount rate – finance leases   1.8%