XML 45 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Series B Mandatorily Redeemable Preferred Stock (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 31, 2017
Mar. 31, 2017
Aug. 31, 2016
Jul. 31, 2016
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]                      
Interest expense           $ 3,311,421 $ 3,501,199 $ 6,627,617 $ 6,864,243    
Preferred stock extend redemption date               Aug. 01, 2019      
Preferred stock redemption extension fee paid               $ 153,500      
Redeemable Convertible Preferred Stock Series B [Member]                      
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]                      
Preferred stock shares issued (in shares)           30,700   30,700   32,700 35,000
Preferred stock, par or stated value (in dollars per share)           $ 0.01   $ 0.01   $ 0.01  
Liquidation preference per share (in dollars per share)           $ 1,000   $ 1,000   $ 1,000  
Financial Instruments Subject to Mandatory Redemption, Return On Funds Invested           14.00%   14.00%      
Deferred financing costs           $ 3,100,000   $ 3,100,000      
Interest expense               507,000 $ 507,000    
Total unamortized deferred stock costs           $ 237,000   237,000   $ 592,000  
Number of shares redeemed 1,000 1,000 1,000 1,000 300            
Number of shares redeemed, value               $ 2,000,000   $ 2,300,000  
Preferred stock shares outstanding (in shares)           30,700   30,700   32,700