BONDS PAYABLE (Tables)

9 Months Ended

Sep. 30, 2018

Bonds Payable

Schedule of bonds and interest payable

The outstanding balance of these Bonds at September 30, 2018 is as follows:

	September 30,			December 31,
	2018			2017
Bonds (Series A)	$	110,246		$	115,336
Bonds (Series B)		37,965			—
Bonds (Series B expansion)		19,934			—
Less: deferred issuance expense, net		(8,827	)		(5,916	)
Accrued Interest		1,692			3,627
	$	161,010		$	113,047

Schedule of principal payments on the bonds payable

The aggregate maturity of the bonds are as follows:

Year
2018	$	—
2019		22,049
2020		22,049
2021		22,049
2022		33,629
Thereafter		68,369
	$	168,145