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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2013
Long-Term Debt [Abstract]  
Schedule of Long-Term Debt
    Outstanding Balance          
    September 30,
2013		     December 31,
2012		     Current
Interest Rate		   Maturity
                     
NTR line of credit (1)   $ 3,583,358     $ 3,583,358     2.0%   August 1, 2014
Mortgage payable     1,872,438       1,957,678     6.7%   August 1, 2016
Settlement payment (2)     -       23,890     8.0%   February 15, 2013
Notes payable     1,562       8,443     Various   Various
Capital leases (3)     58,730       28,285     Various   Various
                         
Sub-Total     5,516,088       5,601,654          
Less: Capital leases     18,611       28,285          
Less: Current maturities     3,707,829       146,949          
Long-term debt     1,789,648       5,426,420          
Less: Line of credit (1)     -       3,583,358          
Long term debt, less current maturities   $ 1,789,648     $ 1,843,062          

 

  (1) On July 19, 2012, DGSE entered into a loan agreement with NTR Metals, LLC, DGSE's majority stockholder ("NTR"), pursuant to which NTR, agreed to provide the Company a guidance line of revolving credit in an amount up to $7,500,000 (the "Loan Agreement"). The Loan Agreement will terminate-and all amounts outstanding thereunder will be due and payable (such amounts, the "Obligations")-upon the earlier of: (i) August 1, 2014; (ii) the date that is twelve months after the Company receives notice from NTR demanding the repayment of the Obligations; (iii) the date the Obligations are accelerated in accordance with the terms of the Loan Agreement; or (iv) the date on which the commitment terminates under the Loan Agreement. In connection with the Loan Agreement, the Company granted a security interest in the respective personal property of each of its subsidiaries. The loan carries an interest rate of two percent (2%) per annum for all funds borrowed pursuant to the Loan Agreement. Proceeds received by the Company pursuant to the terms of the Loan Agreement were used for repayment of all outstanding financial obligations incurred in connection with that certain Loan Agreement, dated as of December 22, 2005, between the Company and Texas Capital Bank, and additional proceeds are expected to be used as working capital in the ordinary course of business. The Company incurred debt issuance costs associated with the Loan Agreement totaling $56,150. The debt issuance costs are included in other assets in the accompanying consolidated balance sheet and are being amortized to interest expense on a straight-line basis over two years. As of September 30, 2013 and December 31, 2012, we had an outstanding balance of $3,583,358 drawn on the NTR credit facility. As of August 2013, the outstanding balance on the NTR credit facility has been reclassified as a current liability, given its August 1, 2014 maturity date. The Company is discussing the extension of this credit facility with NTR, as well as various commercial lenders, and expects to extend or re-finance this balance sometime in the first half of 2014.
  (2) On February 26, 2010, our subsidiary, Superior Galleries, Inc., a Delaware corporation ("Superior Galleries") entered into a settlement agreement for a lawsuit filed by its previous landlord, DBKK, LLC for $385,000 to be paid over three years bearing interest at 8%.  The lawsuit resulted from a lease transaction entered into by certain officers of Superior Galleries. The final payment under the settlement agreement was made in February of 2013.
  (3) On November 23, 2010, DGSE entered into a capital lease for $78,450 with Direct Capital Corporation for a radio-frequency identification ("RFID") inventory management solution. The non-cancelable lease agreement required an advanced payment of $5,169 and monthly payments of $2,584 for 36 months at an interest rate of 11.5% beginning in January 2011. At the end of the lease in December 2013, the equipment can be purchased for $1. On April 3, 2013, DGSE entered into a capital lease for $58,563 with Graybar Financial Services for phones at the new corporate headquarters.  The non-cancelable lease agreement required an advanced payment of $2,304 and monthly payments of $1,077 for 60 months at an interest rate of 4.2% beginning in May 2013.  At the end of the lease in May 2018, the equipment can be purchased for $1.