| | Level 1 | | Level 2 | | Level 3 | | Total | | ||||
As of December 31, 2017 | | | | | | | | | | | | | |
Financial debt - bank institutions | | $ | - | | | (3,749,024) | | | - | | | (3,749,024) | |
Financial debt debt securities | | | (1,506,908) | | | - | | | - | | | (1,506,908) | |
| | $ | (1,506,908) | | | (3,749,024) | | | - | | | (5,255,932) | |
| | Level 1 | | Level 2 | | Level 3 | | Total | | ||||
As of December 31, 2016 | | | | | | | | | | | | | |
Financial debt - bank institutions | | $ | - | | | (2,550,469) | | | - | | | (2,550,469) | |
Financial debt debt securities | | | (1,512,530) | | | - | | | - | | | (1,512,530) | |
| | $ | (1,512,530) | | | (2,550,469) | | | - | | | (4,062,999) | |
| | Level 1 | | Level 2 | | Level 3 | | Total | | ||||
As of December 31, 2015 | | | | | | | | | | | | | |
Financial debt - bank institutions | | $ | - | | | (2,626,327) | | | | | | (2,626,327) | |
Financial debt debt securities | | | (1,515,146) | | | - | | | - | | | (1,515,146) | |
| | $ | (1,515,146) | | | (2,626,327) | | | - | | | (4,141,473) | |