LONG TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following:

	June 30, 2015			December 31, 2014
12.0% convertible notes, due October 31, 2018, issued December 2013	$	380,000		$	530,000
8.5% convertible note payable, due December 31, 2018 (Pueblo West Property)	161,543			164,644
12.0% convertible notes, due October 31, 2018, issued January 2014	980,000			1,120,000
14.0% mortgage payable, due October 21, 2016 (The Greenhouse)	600,000			600,000
10.0% private placement notes, due May 1, 2016	325,000			—
Long-term debt	2,446,543			2,414,644
Unamortized discount	(1,140,399		)	(1,352,510		)
Long-term debt, net of unamortized discount	1,306,144			1,062,134
Debt maturing within one year (1)	(195,001		)	(6,337		)
Debt maturing after one year	$	1,111,143		$	1,055,797

Schedule of Debt [Table Text Block]

he tables below summarize the Company's convertible notes activity during the six months ended June 30, 2015:

	Principal Balance			Debt Discount			Accrued Interest			Total
Balance at December 31, 2014	$	2,414,644		$	(1,352,510	)	$	16,470		$	1,078,604
Issued during the period	325,000			(145,547		)	—			179,453
Converted into shares of common stock	(290,000		)	—			(1,063		)	(291,063		)
Amortization of debt discount	—			357,658			—			357,658
Payment of loan principal	(3,101		)	—			—			(3,101		)
Interest accrued during period	—			—			147,705			147,705
Interest paid during period	—			—			(94,540		)	(94,540		)
Balance at June 30, 2015	2,446,543			(1,140,399		)	68,572			1,374,716
Less: Current portion (1)	(330,133		)	135,132			—			(195,001		)
Long-term debt	$	2,116,410		$	(1,005,267	)	$	68,572		$	1,179,715

Schedule of Maturities of Long-term Debt [Table Text Block]

Annual maturities of long-term debt (excluding unamortized discount) for the next five years ending December 31, and thereafter, consist of:

Remainder of 2015	$	3,238
2016	931,897
2017	7,507
2018	1,503,901
2019	—
2020	—
Thereafter	—
	$	2,446,543