Schedule of Long Term Debt |
| | |
2016 | |
2015 |
| Note payable - variable rate with 4.5% floor
with monthly | |
| | | |
| | |
| installments through May 2020 | |
| — | | |
| 501,931 | |
| Note Payable - 5.79% with monthly installments
through | |
| | | |
| | |
| August 2018 | |
| — | | |
| 451,323 | |
| Note Payable - variable rate with 4.25% floor,
monthly | |
| | | |
| | |
| installments through November 2016 | |
| — | | |
| 1,313,318 | |
| Note Payable - variable rate with 3.75% floor,
monthly | |
| | | |
| | |
| installments through November 2017 | |
| — | | |
| 1,847,391 | |
| Note Payable - 4.46% with monthly installments
through | |
| | | |
| | |
| July 2017, then refinanced at new rate | |
| — | | |
| 184,654 | |
| Note Payable - 4.46% with monthly installments
through | |
| | | |
| | |
| July 2017, then refinanced at new rate | |
| — | | |
| 184,651 | |
| Note Payable - 4.2% with monthly installments
through | |
| | | |
| | |
| November 2018 | |
| — | | |
| 2,950,113 | |
| Note Payable - 4.51% with monthly installments
through | |
| | | |
| | |
| September 2018 | |
| — | | |
| 1,831,886 | |
| Note Payable - 4.18% with monthly installments
through | |
| | | |
| | |
| November 2018 | |
| — | | |
| 1,972,221 | |
| Note Payable - 4.39% with monthly installments | |
| | | |
| | |
| through November 2019 | |
| — | | |
| 3,540,206 | |
| Note Payable - 4.49% with monthly installments | |
| | | |
| | |
| through July 2019 | |
| — | | |
| 552,853 | |
| M&T Bank - vehicle loans bearing interest
at rates ranging | |
| | | |
| | |
| from 4.37% to 5% | |
| 53,937 | | |
| 146,983 | |
| Note Payable - variable calculated quarterly
with monthly | |
| | | |
| | |
| Installments through January 2022 | |
| 17,400,000 | | |
| — | |
| Note Payable - variable calculated quarterly
with monthly | |
| | | |
| | |
| Installments through January 2021 | |
| 4,200,000 | | |
| — | |
| Bond Payable - 7.07% paid semi-annually with
principal | |
| | | |
| | |
| due October 2018 | |
| 3,200,000 | | |
| — | |
| Note Payable - variable calculated quarterly
with monthly | |
| | | |
| | |
| Installments through August 2021 | |
| 12,000,000 | | |
| — | |
| Total long-term debt | |
$ | 36,853,937 | | |
$ | 15,477,530 | |
| | |
| | | |
| | |
| Less current installments | |
| 5,558,156 | | |
| 2,923,133 | |
| Long-term debt less current installments | |
$ | 31,295,781 | | |
$ | 12,554,397 | |
|
Schedule of Long-Term Debt Maturities |
|
|
| | 2017 | | |
$ | 5,558,156 | |
| | 2018 | | |
$ | 3,745,604 | |
| | 2019 | | |
$ | 3,812,603 | |
| | 2020 | | |
$ | 3,894,393 | |
| | 2021 | | |
$ | 12,055,575 | |
| | 2022+ | | |
$ | 7,787,606 | |
|