Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.20.2
Fair Value (Tables)
 9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Carrying and Fair Value Amounts
Carrying and Fair Value Amounts
  Level within fair value hierarchy September 30, 2020 December 31, 2019
Carrying
    Amount (1)
Fair Value
Carrying
    Amount (1)
Fair Value
Financial Assets:
Cash and cash equivalents Level 1 $ 104,221,404  $ 104,221,404  $ 120,863,643  $ 120,863,643 
Financing notes receivable (Note 5) Level 3 1,202,960  1,202,960  1,235,000  1,235,000 
Financial Liabilities:
Secured credit facilities Level 2 $ —  $ —  $ 33,785,930  $ 33,785,930 
7.00% Unsecured Convertible Senior Notes
 Level 1 —  —  2,084,178  2,820,832 
5.875% Unsecured Convertible Senior Notes
 Level 2 114,843,705  84,957,044  116,239,318  122,508,000 
(1) The carrying value of debt balances are presented net of unamortized original issuance discount and debt issuance costs.