Stockholders' Equity Note (Details) (USD $)
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12 Months Ended | 12 Months Ended | 12 Months Ended | 2 Months Ended | 12 Months Ended | ||||||||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
Series A Preferred Stock
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Dec. 31, 2012
Series A Preferred Stock
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Dec. 31, 2013
Series B Preferred Stock
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Dec. 31, 2012
Series B Preferred Stock
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Dec. 31, 2013
Series C Preferred Stock
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Dec. 31, 2012
Series C Preferred Stock
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Aug. 30, 2013
Series D Preferred Stock
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Dec. 31, 2013
Series D Preferred Stock
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Oct. 31, 2013
Series D Preferred Stock
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Jun. 21, 2013
Series D Preferred Stock
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Jan. 26, 2012
Treasury Stock Transaction
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Common stock authorized | 20,000,000 | 20,000,000 | |||||||||||
Common shares issued and outstanding | 8,082,000 | 1,900,000 | |||||||||||
Preferred stock authorized | 4,500,000 | 3,000,000 | |||||||||||
Preferred stock outstanding | 1,005,648 | 2,860,000 | |||||||||||
Shares outstanding | 600,000 | 177,000 | 1,500,000 | 101,000 | 760,000 | 727,648 | |||||||
Preferred shares converted to common shares | 600,000 | 1,323,000 | 659,000 | ||||||||||
Conversion ratio | converted to common shares at a ratio of 7:1. | ||||||||||||
Annual dividend rate | $ 0.066664 | $ 0.16 | $ 0.16 | ||||||||||
Accumulated dividends released | $ 361,426 | ||||||||||||
Dividends accumulated | 62,227 | 286,685 | 118,268 | ||||||||||
Original issue price per share | $ 2.00 | $ 2.00 | $ 3.00 | ||||||||||
Dividends paid | 95,600 | 24,407 | |||||||||||
Dividends payable | 22,668 | 49,172 | 44,018 | ||||||||||
Units offered (Common Stock and Warrants) | 772,352 | 1,500,000 | |||||||||||
Units offered (Common Stock and Warrants), price per unit | $ 3.00 | $ 3.00 | |||||||||||
Units offered (Common Stock and Warrants), potential proceeds | 2,317,056 | 4,500,000 | |||||||||||
Units sold during offering | 727,648 | ||||||||||||
Gross proceeds from units sold in offering | 2,182,944 | ||||||||||||
Issuance costs | 84,232 | ||||||||||||
Beneficial conversion feature (BCF) | 176,729 | ||||||||||||
Units offered (Common Stock and Warrants), additional over-allotment | 1,000,000 | ||||||||||||
Units offered (Common Stock and Warrants), potential proceeds for additional over-allotment | 3,000,000 | ||||||||||||
Common stock returned for cancellation | 1,050,000 | ||||||||||||
Stock-based compensation expense | 216,083 | 456,998 | |||||||||||
Unrecognized compensation expense | $ 404,006 | $ 181,455 |
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- Definition
No authoritative reference available. No definition available.
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Shares of common stock returned to the Company for cancellation to assist the Company and provide for a better capitalization to all the investors No definition available.
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Units consisting of common stock and warrants. Offered but not yet issued No definition available.
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Units consisting of common stock and warrants. Offered but not yet issued. Offering includes an over-allotment of additional units No definition available.
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- Definition
Units consisting of common stock and warrants. Offered but not yet issued. Price per unit No definition available.
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- Definition
Units consisting of common stock and warrants. Offered but not yet issued. Potential profits No definition available.
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Units consisting of common stock and warrants. Offered but not yet issued. Potential profits from over-allotment of units offered. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate amount of dividends declared, but not paid, as of the financial reporting date. No definition available.
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Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of paid and unpaid preferred stock dividends declared with the form of settlement in stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total of the cash outflow during the period which has been paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt and the cost incurred directly for the issuance of equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Describe the conversion features of preferred stock if preferred stock is convertible. That is, shares of preferred stock into which another convertible security was converted, or shares of preferred stock into which another class of preferred stock was converted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate dividends declared during the period for each share of preferred stock outstanding. No definition available.
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- Definition
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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Number of shares of stock issued during the period that is attributable to transactions involving issuance of stock not separately disclosed. No definition available.
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- Definition
Value of shares of stock issued during the period that is attributable to transactions involving issuance of stock not separately disclosed. No definition available.
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