Annual report pursuant to Section 13 and 15(d)

Related Party (Tables)

v3.8.0.1
Related Party (Tables)
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Schedule of Notes Issued to Related Parties

The following is a summary of the balance of related party notes as of December 31, 2017:

 

Series A Convertible Notes   $ 12,942  
Series B Notes     30,633  
Series C     7,403  
      50,978  
Less discount on related party notes     (5,045 )
Total notes issued to related parties in connection with Benchmark acquisition   $ 45,933

Schedule of Principal Payments for Borrowings - Related Parties

The required principal payments for all borrowings for each of the five years following the balance sheet date are as follows:

 

2018   $ 7,403  
2019     12,942  
2020     30,633  
2021      
2022      
Thereafter      
Total   $ 50,978