Right-of-Use Assets and Liabilities
|6 Months Ended|
Jun. 30, 2020
|Right-of-Use Assets and Liabilities|
|Right-of-Use Assets and Liabilities||
Note 14 – Right-of-Use Assets and Liabilities
Future lease payments under operating leases as of June 30, 2020 were as follows:
Operating lease costs under the operating leases totaled $156,606 and $149,777 for the three months ended June 30, 2020 and 2019, respectively. Operating lease costs under the operating leases totaled $306,606 and $290,077 for the six months ended June 30, 2020 and 2019, respectively.
As of June 30, 2020, the weighted average discount rate was 4.5% and the weighted average remaining lease term was 3.5 years.
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef