4. Right of Use Leased Asset (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 9 Months Ended |
---|---|---|---|
Sep. 15, 2020 |
Sep. 30, 2020 |
Sep. 30, 2020 |
|
Amortization expense | $ 89,412 | $ 307,115 | |
Surrender Agreement | |||
Increase decrease in right of use asset | $ 2,142,863 | ||
Increase decrease accumulated amortization | 465,124 | ||
Increase decrease lease liability | 1,760,302 | ||
Gain loss on termination of lease | $ 85,676 |
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- References No definition available.
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- Definition Amount of increase (decrease) in accumulated depreciation, depletion and amortization of property, plant and equipment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The expense charged against earnings for the periodic recognition of capitalized leases. This element may apply to energy companies that lease mineral producing properties and to other enterprises that capitalize property, plant, or equipment obtained through capital leases. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount of gain (loss) on termination of lease before expiration of lease term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The increase (decrease) during the reporting period in the aggregate amount of liabilities that result from activities that generate operating income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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