Leases (Tables)

3 Months Ended

Jun. 30, 2019

The components of lease cost for the quarter ended are as follows:



	Three Months Ended June 30, 2019
Operating lease cost	$	819,854
Short-term lease cost	274,156
Variable lease cost	135,613
Sublease income	—
Total lease cost	$	1,229,623

Amounts reported in the consolidated balance sheets for leases where we are the lessee as of the quarter ended June 30, 2019 were as follows:



	June 30, 2019
Operating leases
Operating lease right-of-use assets	$	10,071,405
Operating lease liabilities	10,558,383

Weighted-average remaining lease term	12.08 years
Operating leases

Weighted-average discount rate	4.51		%
Operating leases

Lessee, Operating Lease, Liability, Maturity

under non-cancellable leases where we are the lessee as of the quarter ended June 30, 2019 are as follows:



	Operating Leases
2020 (excluding the three months ended June 30, 2019)	(2,267,538	)
2021	(2,122,870	)
2022	(1,621,902	)
2023	(1,268,783	)
2024	(691,886	)
2025	(457,798	)
Thereafter	(5,809,603	)
Total undiscounted lease payments	(14,240,380	)
Less: Interest	(3,023,181	)
Less: Discount	(658,816	)
Total lease liabilities	(10,558,383	)

Schedule of Future Minimum Rental Payments for Operating Leases

At March 31, 2019, future minimum annual lease payments (foreign currency amounts translated using applicable March 31, 2019 exchange rates) are as follows:



Year ended March 31,
2020	3,133,000
2021	2,115,000
2022	1,625,000
2023	1,241,000
2024	692,000
Thereafter	6,267,000
Total minimum lease payments	15,073,000