LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Maturities of Operating Lease Liabilities

Maturities of our lease liabilities for all operating leases are as follows as of September 30, 2019:

	Facilities			Equipment			Plant			Railcar			Total
Year 1	$	733,420		$	161,539		$	4,060,417		$	1,050,126		$	6,005,502
Year 2	550,070			161,539			4,060,417			715,076			5,487,102
Year 3	367,770			67,338			4,060,417			97,176			4,592,701
Year 4	315,000			—			4,060,417			5,112			4,380,529
Year 5	300,000			—			4,060,417			—			4,360,417
Thereafter	2,450,000			—			34,540,011			—			36,990,011
Total lease payments	$	4,716,260		$	390,416		$	54,842,096		$	1,867,490		$	61,816,262
Less: interest	(1,716,201		)	(27,868		)	(23,702,742		)	(126,590		)	(25,573,401		)
Present value of lease liabilities	$	3,000,059		$	362,548		$	31,139,354		$	1,740,900		$	36,242,861

Schedule of Operating Lease Weighted Average Remaining Lease Terms and Discount Rates

The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of September 30, 2019:

Remaining lease term and discount rate:	September 30, 2019
Weighted average remaining lease terms (years)
Lease facilities	5.35
Lease equipment	2.42
Lease plant	13.51
Lease railcar	1.60
Weighted average discount rate
Lease facilities	9.13	%
Lease equipment	8.00	%
Lease plant	9.37	%
Lease railcar	8.00	%