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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of the operating and financing lease assets and liabilities

The tables below present the operating and financing lease assets and liabilities recognized on the condensed consolidated balance sheets as of March 31, 2019:

 

Right-of Use Assets   March 31, 2019
   Operating Leases   $ 1,800,732  
   Financing Leases     43,573  
    $ 1,844,305  

 

     
Lease Liabilities, Current   March 31, 2019
   Operating Leases   $ 464,604  
   Financing Leases   46,160  
    $ 510,764  
Lease Liabilities, Non-Current        
   Operating Leases   $ 1,373,885  
Total Lease Liabilities   $ 1,884,649  

 

Schedule of amortizable lives of operating and financing leased assets are limited by the expected lease term

The Company's weighted average remaining lease term and weighted average discount rate for operating and financing leases as of March 31, 2019 are: 

 

March 31, 2019   Operating   Financing
Weighted Average Remaining Lease Term     4.19 Years       .66 Years  
Weighted Average Discount Rate     3.95 %     3.95 %
Schedule of future minimum lease payments

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheets as of March 31, 2019: 

 

March 31, 2019   Operating   Financing
Remaining     394,871       46,840  
2020     524,512          
2021     360,145          
2022     370,950          
2023     349,365          
Undiscounted Future Minimum Lease Payments     1,999,843       46,840  
Less: Difference between undiscounted lease payments and discounted lease liabilities     161,354       680  
Total Lease Liabilities     1,838,489       46,160