Annual report pursuant to Section 13 and 15(d)

AMAK COMMITMENTS AND CONTINGENCIES (Tables)

v3.20.1
AMAK COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2019
Loss Contingencies [Line Items]  
Operating leases, future minimum rental payments
December 31, 2018 that have initial or remaining lease terms in excess of one year are as follows
($ in thousands)
Operating Leases
2019
$
3,670

2020
3,583

2021
3,418

2022
3,107

2023
2,288

Beyond 2023
2,065

AMAK  
Loss Contingencies [Line Items]  
Operating leases, future minimum rental payments
Years Ending
December 31,
 
2020
990,000

2021
990,000

2022
990,000

2023
550,000

2024
550,000

Thereafter
1,100,000

 
5,170,000

Schedule of Future Minimum Lease Payments for Capital Leases
2020
2,894,906

2021
2,791,921

2022
1,482,543

Total minimum lease payments
7,169,370

Less deferred financial charges
(953,067
)
Total capital lease obligations
6,216,303

Less: current portion of capital lease obligations
2,318,301

Total long term portion, net current portion
3,898,002