XML 19 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
LONG-TERM DEBT (Details Textual) (USD $)
 0 Months Ended 3 Months Ended 1 Months Ended
Oct. 15, 2013
Mar. 31, 2014
Feb. 28, 2014
Dec. 31, 2013
Aircraft [Member]
Oct. 31, 2013
Individual Counterparty [Member]
Oct. 15, 2013
Adviser [Member]
Debt Instrument [Line Items]            
Debt Instrument, Face Amount $ 4,525,000          
Debt Instrument, Interest Rate, Stated Percentage 9.00%     7.45% 13.00%  
Debt Instrument, Payment Terms Each of the Debentures has a term of three years, is convertible into shares of our common stock at a conversion price of $12.50 per share (subject to adjustment), and has an annual interest rate of 9%, with one initial payment of interest only due April 15, 2014. Thereafter, the principal amount is payable in 10 equal quarterly principal payments, which amounts to a total of $452,500, plus accrued and unpaid interest. Six months after the issue date of the Debentures, we have the right to redeem the Debentures if the Companys common stock has a closing price of $16.25 (subject to adjustment) for 20 consecutive trading days. The Warrants have an exercise price of $12.50 per share (subject to adjustment) and expire on October 15, 2016.          
Proceeds from Issuance of Unsecured Debt         2,500,000  
Debt Instrument, Periodic Payment       40,654    
Loan Origination Cost           271,500
Debt Instrument, Maturity Date, Description         36 months  
Class Of Warrant Or Right Fair Value   105,318 147,683      
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 72,400          
Investment Warrants, Exercise Price $ 12.50          
Proceeds from Convertible Debt 4,525,000          
Closing Price Of Common Stock $ 16.25          
Repayments of Debt 452,500          
Property, Plant and Equipment, Additions       4,300,000    
Proceeds from Bank Debt       $ 3,600,000    
Debt Instrument, Frequency of Periodic Payment       monthly monthly