Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

v3.19.1
Restricted Cash
3 Months Ended
Mar. 31, 2019
Restricted Cash And Investments [Abstract]  
Restricted Cash

Note 10 – Restricted Cash

Restricted cash, reported under “Deferred charges and other assets” on the Company’s consolidated balance sheet, represents amounts deposited in a trust account to secure the Company’s obligations in connection with the Company’s previous workers’ compensation insurance policy.

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet that sum to the total of the same such amounts shown in the statement of cash flows as of the dates indicated:

 

 

 

March 31,

2019

 

 

December 31,

2018

 

Cash and cash equivalents

 

$

15,037,639

 

 

$

11,376,373

 

Restricted cash

 

 

25,980

 

 

 

25,980

 

Cash, cash equivalents and restricted cash shown in the consolidated

   statement of cash flows

 

$

15,063,619

 

 

$

11,402,353