COMMITMENTS AND CONTINGENCIES - Lease Agreements (Details Narrative) |
6 Months Ended |
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Jun. 30, 2019
USD ($)
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Incremental borrowing rate description | The Company used an incremental borrowing rate of 5.5% at January 1, 2019 for all leases that commenced prior to that date. |
ROU assets obtained | $ 128,000 |
New York City [Member] | |
Rental cost per month | $ 3,900 |
Expiring date | May 31, 2020 |
New Canaan CT [Member] | |
Rental cost per month | $ 7,750 |
Expiring date | September 30, 2019 |
Description lease agreement | Connecticut expiring on September 30, 2019 at a base rent (inclusive of utilities) of $7,750 per month (increasing $100 per month each year), which is subject to annual adjustments to reflect increases in real estate taxes and operating expenses. |
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- Definition Description lease agreement. No definition available.
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- Definition custom:ExpiringDate No definition available.
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- References No definition available.
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- References No definition available.
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- Definition This element represents the payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease, excluding contingent rentals and a guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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