Related Party Transactions

9 Months Ended

Sep. 30, 2013

Related Party Transactions [Abstract]

Related Party Transactions

12.        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 $338,656 and $238,578, for services ConGlobal Industries, Inc. rendered during the three months ended September 30, 2013 and 2012, respectively. The Company recognized Cost of Goods Sold of $1,215,710 and $803,149, for services ConGlobal Industries, Inc. rendered during the nine months ended September 30, 2013 and 2012, respectively As of September 30, 2013 and December 31, 2012, $161,592 and $62,844, 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 $52,966 for services The Lawrence Group rendered during the nine months ended September 30, 2013. As of September 30, 2013 and December 31, 2012, $27,629 and $37,233, respectively, of expenses were included in related party accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet.

The Company has accrued certain reimbursable expenses of owners of the Company. Such expenses amounted to $19,149 and $2,779 for the nine months ended September 30, 2013 and the year ended December 31, 2012, respectively, and are included in related party accounts payable and accrued expenses in the accompanying condensed consolidated balance sheets as of September 30, 2013 and December 31, 2012.