XML 68 R54.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Derivative Financial Instruments (Details 1) - Warrant [Member] - $ / shares |  | 12 Months Ended
--- | --- | ---
Aug. 14, 2015 | Dec. 31, 2015 | Dec. 31, 2014
Derivative [Line Items] |  |  |  |
Fair market value of asset (per share) | [1] |  | $ 7.66 |
Binomial Lattice Option Valuation Technique [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Fair market value of asset (per share) |  | $ 8.40 |  | $ 5.60
Exercise price (per share) |  |  | $ 25.00 |
Term (in years) | [2] | 3 years 6 months | 1 year 8 months |
Implied expected life (in years) | [3] | 3 years 6 months | 1 year 8 months |
Volatility range of inputs (percentage) | [4] |  | 83.00% |
Equivalent volatility (percentage) | [3] | 47.00% | 83.00% |
Risk-free interest rate range of inputs (percentage) | [5] | 1.08% | 1.06% |
Equivalent risk-free interest rate (percentage) | [3] | 1.08% | 1.06% |
Minimum [Member] | Binomial Lattice Option Valuation Technique [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Exercise price (per share) |  | $ 5.00 |  | $ 7.00
Term (in years) | [2] |  |  | 2 years 8 months
Implied expected life (in years) | [3] |  |  | 2 years 8 months
Volatility range of inputs (percentage) | [4] | 41.00% |  | 42.00%
Equivalent volatility (percentage) | [3] |  |  | 48.00%
Risk-free interest rate range of inputs (percentage) | [5] |  |  | 1.10%
Equivalent risk-free interest rate (percentage) | [3] |  |  | 1.10%
Maximum [Member] | Binomial Lattice Option Valuation Technique [Member] |  |  |  |
Derivative [Line Items] |  |  |  |
Exercise price (per share) |  | $ 10.00 |  | $ 25.00
Term (in years) | [2] |  |  | 4 years 2 months
Implied expected life (in years) | [3] |  |  | 4 years 2 months
Volatility range of inputs (percentage) | [4] | 50.00% |  | 71.00%
Equivalent volatility (percentage) | [3] |  |  | 54.00%
Risk-free interest rate range of inputs (percentage) | [5] |  |  | 1.38%
Equivalent risk-free interest rate (percentage) | [3] |  |  | 1.38%
[1] | The fair market value of the asset was determined by using the Company's closing stock price as reflected in the over-the-counter market.
[2] | The term is the contractual remaining term, allocated among twelve equal intervals for purposes of calculating other inputs, such as volatility and risk-free rate.
[3] | The implied expected life, and equivalent volatility and risk-free interest rate amounts are derived from the binomial.
[4] | The Company does not have a market trading history upon which to base its forward-looking volatility. Accordingly, the Company selected peer companies that provided a reasonable basis upon which to calculate volatility for each of the intervals described in (2), above.
[5] | The risk-free rates used for inputs represent the yields on zero coupon U.S. Government Securities with periods to maturity consistent with the intervals described in (2), above.

X
- Definition Fair Value Assumptions, Equivalent Risk-Free Interest Rate + References No definition available. + Details
Name: | izea_FairValueAssumptionsEquivalentRiskFreeInterestRate
Namespace Prefix: | izea_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair Value Assumptions, Equivalent Volatility Rate + References No definition available. + Details
Name: | izea_FairValueAssumptionsEquivalentVolatilityRate
Namespace Prefix: | izea_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair Value Assumptions, Fair Market Value of Assets + References No definition available. + Details
Name: | izea_FairValueAssumptionsFairMarketValueOfAssets
Namespace Prefix: | izea_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair Value Assumptions, Implied Expected Life + References No definition available. + Details
Name: | izea_FairValueAssumptionsImpliedExpectedLife
Namespace Prefix: | izea_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Agreed upon price for the exchange of the underlying asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExercisePrice
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExpectedTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExpectedVolatilityRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Risk-free interest rate assumption used in valuing an instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsRiskFreeInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_WarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=izea_BinomialLatticeOptionValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |