XML 37 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Notes Payable (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes our notes payable balances as of December 31, 2013 and 2012
 
 
2013
 
2012
Term note payable - 4.25 percent at December 31, 2013 (prime plus 1 percent), due March 10, 2015
 
$
2,888,888

 
$
4,222,222

Revolving credit line - 3.75 percent at December 31, 2013 (prime plus 0.5 percent), due March 29, 2015
 
3,254,745

 
3,600,000

Total
 
$
6,143,633

 
$
7,822,222

Less: current portion
 
(2,548,333
)
 
(1,333,333
)
Term and revolving credit line - long term portion
 
$
3,595,300

 
$
6,488,889

Schedule of Maturities of Long-term Debt
Principal payments under the term note payable are due as follows as of December 31, 2013:
2014
$
2,548,333

2015
340,555

Total
$
2,888,888