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Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
3 Months Ended
Jul. 31, 2020
Lessee Disclosure [Abstract] Ìý
Schedule of Right-of-Use Assets and Operating Lease Liabilities
ROU assets is summarized below:
July 31, 2020
Operating office leases $ 12,356,837Ìý
Less accumulated reduction (5,092,253)
Balance of ROU assets as of July 31, 2020 $ 7,264,584Ìý
Operating lease obligations, related to the ROU assets is summarized below:
July 31, 2020
Operating office leases $ 13,312,573Ìý
Total lease liabilities 13,312,573Ìý
Reduction of lease liabilities (5,092,253)
Total as of July 31, 2020 $ 8,220,320Ìý
Future Minimum Payments Under Operating Leases
The following is a schedule by fiscal years of future minimum lease payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of JulyÌý31, 2020 (a).
Maturity of Lease Obligations Lease Payments
2021 (remaining) $ 1,809,774Ìý
2022 2,253,619Ìý
2023 1,703,419Ìý
2024 1,466,758Ìý
2025