Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

Related Party Transactions

18.   Related Party Transactions

ConGlobal Industries, Inc. is a minority stockholder of the Company and provides containers and labor on domestic projects.  The Company recognized Cost of Goods Sold of $1,044,354 and $1,341,822, for services ConGlobal Industries, Inc. rendered during the years ended December, 31, 2012 and 2011, respectively. As of December 31, 2012 and 2011, $62,844 and $12,628, respectively, of such expenses are included in related party accounts payable and accrued expenses in the accompanying condensed consolidated balance sheets.

The Lawrence Group is a minority stockholder of the Company and is a building design, development and project delivery firm. The Company recognized Cost of Goods Sold of $62,276, for services The Lawrence Group rendered during the year ended December 31, 2012. For the years ended December 31, 2012 and 2011, $37,233 and $67,782, respectively, of pre-project expenses were included in related party accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet. On April 24, 2012, $67,782 of the accrued expenses was converted into 40,000 shares of the Company’s Common Stock.

The Company has accrued certain reimbursable expenses of owners of the Company. Such expenses amounted to $2,779 and $6,474 for the years ended December 31, 2012 and 2011, respectively, and are included in related party accounts payable and accrued expenses in the accompanying condensed consolidated balance sheets.