Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Components of Financing Lease Cost
The following table shows the components of financing lease cost:
For the Three Months Ended June 30, For the Six Months Ended June 30,
Financing Lease Cost 2021 2020 2021 2020
Amortization of right-of-use assets $ 10,211  $ 15,121  $ 21,203  $ 33,497 
Interest on lease liabilities 417  3,375  2,353  4,247 
Total financing lease cost $ 10,628  $ 18,496  $ 23,556  $ 37,744 
Future Minimum Lease Payments to Discounted Finance Lease Liability
The following table reconciles future minimum lease payments to the discounted finance lease liability:
Years ending December 31, Amount
2021 - remaining $ 18,079 
2022 12,803 
2023 — 
2024 — 
2025 — 
Thereafter — 
Total future minimum lease payments $ 30,882 
Less: Amount representing interest 644 
Present value of future payments $ 30,238 
Current portion $ 30,238 
Long-term portion $ —