v3.4.0.3
Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting

The Company’s operations during the fiscal year ended December 31, 2014 are comprised solely of Lifestyle. Summarized financial information about each segment is provided below:

 

    Corporate     Lifestyle     Agriculture     Total  
Year Ended December 31, 2015                                
                                 
Total Assets   $ 5,025,157     $ 210,841     $ 5,635,372     $ 10,871,370  
                                 
Revenue   $     $ 402,818     $ 9,466,988     $ 9,869,806  
Costs of sales           325,191       3,177,314       3,502,505  
Depreciation/amortization expense     386,823             3,202       390,025  
Operating expenses - other     2,488,255       310,458       4,860,574       7,659,287  
                                 
Gain on extinguishment of debt     13,309,542             8,505,635       21,815,177  
Interest expense     (5,831,899 )     (10,158 )           (5,842,057 )
Change in fair value of derivatives     3,916,310                   3,916,310  
Equity loss from investee                 (643,320 )     (643,320 )
Other expense     (1,031,095 )                 (1,031,095 )
Income (loss) before taxes     7,487,780       (242,989 )     9,288,213       16,533,004  
Taxes     (146,477 )                 (146,477 )
Net income (loss)   $ 7,341,303     $ (242,989 )   $ 9,288,213     $ 16,386,527  
                                 
Preferred stock dividends     (244,504 )                 (244,504 )
                                 
Year Ended December 31, 2014                                
                                 
Total Assets   $ 660,681     $ 238,448     $     $ 899,129  
                                 
Revenue   $ 79,754     $ 314,757     $     $ 394,511  
Costs of sales     31,375       177,954             209,329  
Depreciation/amortization expense     209,085                   209,085  
Operating expenses - other     980,420       183,037             1,163,457  
                                 
Change in fair value of derivatives     (2,044,298 )                 (2,044,298 )
Interest expense     (791,681 )                 (791,681 )
Gain (loss) on extinguishment of debt     (42,778 )                 (42,778 )
Other income (expense)     24,476                   24,476  
Income (loss) before taxes     (3,995,407 )     (46,234 )           (4,041,641 )
Taxes                        
Net loss   $ (3,995,407 )   $ (46,234 )   $     $ (4,041,641 )