Quarterly report pursuant to Section 13 or 15(d)

Capital Lease Obligation (Tables)

v3.10.0.1
Capital Lease Obligation (Tables)
3 Months Ended
Sep. 30, 2018
Table Text Block Supplement [Abstract]  
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]
Future minimum payments under the capitalized lease obligation are due as follows:
 
Fiscal period ending on September 30,:
 
Principal
 
 
Interest
 
 
Total
 
2019
 
$
201,198
 
 
$
1,898,802
 
 
$
2,100,000
 
2020
 
 
216,947
 
 
 
1,883,053
 
 
 
2,100,000
 
2021
 
 
233,928
 
 
 
1,866,072
 
 
 
2,100,000
 
2022
 
 
252,238
 
 
 
1,847,762
 
 
 
2,100,000
 
2023
 
 
271,982
 
 
 
1,828,018
 
 
 
2,100,000
 
Thereafter
 
 
23,857,311
 
 
 
31,792,689
 
 
 
55,650,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total minimum lease payments
 
 
25,033,604
 
 
$
41,116,396
 
 
$
66,150,000
 
Less: current portion
 
 
(201,198
)
 
 
 
 
 
 
 
 
Long-term portion of minimum lease obligations
 
$
24,832,406