| Schedule of Maturities of Lease Liabilities |
Future minimum annual lease payments, including royalty and rental payments, under these existing lease agreements are as follows at December 31, 2021: | | | | | | | Year | Leases | | 2022 | $ | 114,000 | | | 2023 | 114,000 | | | 2024 | 108,000 | | | 2025 | 110,000 | | | 2026 | 150,000 | | | Thereafter | 1,536,250 | | | Total minimum annual lease payments | $ | 2,018,250 | | Future minimum annual lease payments, including royalty and rental payments, under these existing lease agreements are as follows at March 31, 2022: | | | | | | | Year | Leases | | Remainder of 2022 | $ | 72,000 | | | 2023 | 114,000 | | | 2024 | 108,000 | | | 2025 | 110,000 | | | 2026 | 150,000 | | | Thereafter | 1,662,250 | | | Total minimum annual lease payments | $ | 2,216,250 | |
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