NOTES RECEIVABLE

9 Months Ended

Sep. 30, 2016

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

NOTES RECEIVABLE

NOTES RECEIVABLE

Current portion of notes receivable, net, consists of the following at:

	September 30, 2016		December 31, 2015
Notes receivable	$	—	$	5,346,452
Allowance for doubtful accounts	—		(3,654,790		)
Notes receivable	$	—	$	1,691,662

The current notes receivable balance as of December 31, 2015 represented amounts due from Omega Holdings, LLC. Of the total notes receivable balance, $1,691,662 represents invoiced amounts that did not bear interest as of December 31, 2015. The $1,691,662 of the notes receivable balance is included in the $11,170,243 of assets held for sale as of December 31, 2015 (see Note 8, below).

The remaining obligation was settled with the sale of the Bango facility in January 2016.