Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rent Commitments

The following table summarizes the Company’s maturities of operating lease liabilities as of March 31, 2019:

 

2019 (remainder of year, net of $990,759 reimbursement of leasehold improvements)   $ (445,168 )
2020     1,287,522  
2021     1,592,434  
2022     1,639,501  
2023     1,686,568  
Thereafter     5,036,169  
Total lease payments   $ 10,797,026  
         
Less: present value discount     (3,478,438 )
Total   $ 7,318,588