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Supplemental disclosure of cash flow and non-cash investing and financing activities (Tables)
6 Months Ended
Jun. 30, 2013
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosure of Cash Flow and Non-cash Investing and Financing Activities
 
Six Months Ended
June 30,
 
2013
 
2012
Cash paid for interest
$
17,662

 
$
5,435

Income taxes paid
50,275

 

Purchases of property, plant and equipment financed capital leases
107,259

 
72,302

Stock issuance of 167,086 shares in lieu of Director's fees

 
184,653

Deferred financing costs
27,236

 
9,537

Beneficial conversion related to line of credit with related party

 
514,456

Stock issuance in connection with Earn-Out Liability of 1,174, 915 shares for 2013 and
 
 
 
  2,632,576 shares for 2012
5,792,330

 
3,185,223

Stock issuance of 5,272,004 shares in exchange for convertible debt
5,272,004

 

Company issued shares of 167,183 for cashless exercise

 
167

Tenant improvement incentive, net of amortization of $28,895
967,971