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Notes Payable and Debt (Tables)
6 Months Ended
Jun. 30, 2012
Notes Payable and Debt [Abstract]  
Convertible notes payable to significant stockholders
                     

Convertible Notes Payable to Significant Stockholders

      June 30, 2012     December 31, 2011  
       

Unsecured convertible promissory note; interest rate of 5%; due December 31, 2010

      $ 4,655,173     $ 4,655,173  

Unsecured convertible promissory note; interest rate of 5%; due December 31, 2010

  BCF     10,000,000       10,000,000  

Unsecured convertible promissory note; interest rate of 5%; due December 31, 2010

  BCF     2,172,415       2,172,415  

Unsecured convertible promissory note; interest rate of 5%; due December 31, 2010

        5,000,000       5,000,000  
       

 

 

   

 

 

 
       

Aggregate carrying value

      $ 21,827,588     $ 21,827,588  
       

 

 

   

 

 

 
Demand notes payable to significant stockholder
                 

Demand Notes Payable to Significant Stockholder

  June 30, 2012     December 31, 2011  
     

Unsecured demand note payable; interest rate of 7%: issued December 2009

  $ 350,000     $ 350,000  

Unsecured demand notes payable; interest rate of 7%: issued January 2010 — December 2010

    3,310,000       3,310,000  

Unsecured demand notes payable; interest rate of 7%: issued January 2011 — December 2011

    2,240,000       2,240,000  

Unsecured demand notes payable; interest rate of 7%: issued January 2012 — June 2012

    285,000       —    
   

 

 

   

 

 

 
     
      6,185,000       5,900,000  

Accrued interest

    694,946       486,691  
   

 

 

   

 

 

 
     

Aggregate carrying value

  $ 6,879,946     $ 6,386,691