LEASES (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020:

September 30, 2020
	Facilities		Equipment		Plant		Railcar		Total
Year 1	$	710,879	$	161,539	$	4,060,417	$	897,846	$	5,830,681
Year 2	446,869		67,338		4,060,417		229,656		4,804,280
Year 3	346,733		—		4,060,417		56,712		4,463,862
Year 4	300,000		—		4,060,417		—		4,360,417
Year 5	300,000		—		4,060,417		—		4,360,417
Thereafter	2,150,000		—		30,479,594		—		32,629,594
Total lease payments	$	4,254,481	$	228,877	$	50,781,679	$	1,184,214	$	56,449,251
Less: interest	(1,510,219)		(10,024)		(20,856,360)		(58,572)		(22,435,175)
Present value of lease liabilities	$	2,744,262	$	218,853	$	29,925,319	$	1,125,642	$	34,014,076

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, 2020:

Remaining lease term and discount rate:	September 30, 2020
Weighted average remaining lease terms (years)
Lease facilities	5.53
Lease equipment	1.42
Lease plant	12.51
Lease railcar	1.15
Weighted average discount rate
Lease facilities	9.19	%
Lease equipment	8.00	%
Lease plant	9.37	%
Lease railcar	8.00	%