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9. Long-Term Debt (Details - Note Payable) - USD ($) | 12 Months Ended |
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016
Total Debt | $ 76,801,159 | $ 15,886,187
Less: unamortized debt issuance costs | (1,353,352) | (414,025)
Net amount | 76,801,159 | 15,472,162
Current portion | (48,877,536) | (2,011,880)
Long-term portion | 26,570,271 | 13,460,282
Capitala Term Loan [Member] |  |
Total Debt | $ 28,310,505 | 0
Debt maturity date | Nov. 30, 2021 |
Debt interest rate description | Variable, base rate plus margin |
Periodic payment frequency | quarterly |
Periodic principal and/or interest payments | $ 725,000 |
Collateral | Secured by Vintage Stock assets |
Note Payable - Cathay Bank [Member] |  |
Total Debt | $ 174,757 | 198,569
Debt maturity date | Dec. 31, 2017 |
Debt interest rate description | Prime plus 2.25% |
Periodic payment frequency | interest monthly |
Collateral | Secured by substantially all Modern Everyday assets |
Note Payable #2 - Cathay Bank [Member] |  |
Total Debt | $ 249,766 | 249,766
Debt maturity date | Dec. 31, 2017 |
Debt interest rate description | Prime plus 1.5% |
Periodic payment frequency | interest monthly |
Collateral | Secured by substantially all Modern Everyday assets |
Note payable to individual [Member] |  |
Total Debt | $ 206,529 | 206,529
Debt interest rate description | 11% per annum |
Collateral | Unsecured |
Note payable to individual 2 [Member] |  |
Total Debt | $ 500,000 | 500,000
Debt interest rate description | 10% per annum |
Collateral | Unsecured |
Note payable to individual 3 [Member] |  |
Total Debt | $ 225,000 | 225,000
Debt interest rate description | 8.25% per annum |
Collateral | Unsecured |
Note Payable to the Sellers of Vintage Stock [Member] |  |
Total Debt | $ 10,000,000 | 0
Debt maturity date | May 31, 2022 |
Debt interest rate description | 8% per annum |
Periodic payment frequency | monthly |
Collateral | Secured by Vintage Stock assets |
Note #2 Payable to Banc of America Leasing & Capital [Member] |  |
Total Debt | $ 1,969,954 | 0
Debt maturity date | Jan. 30, 2022 |
Debt interest rate description | 4.63% per annum |
Periodic payment frequency | monthly |
Periodic principal and/or interest payments | $ 34,768 |
Collateral | Secured by equipment |
Note #3 Payable to Banc of America Leasing & Capital [Member] |  |
Total Debt | $ 3,341,642 | 0
Debt maturity date | Dec. 30, 2023 |
Debt interest rate description | Variable, base rate plus a margin |
Periodic payment frequency | monthly |
Periodic principal and/or interest payments | $ 51,658 |
Note Payable to Store Capital Acquisitions [Member] |  |
Total Debt | $ 9,328,208 | 9,351,796
Debt maturity date | Jun. 30, 2056 |
Debt interest rate description | 9.25% per annum |
Periodic payment frequency | monthly |
Periodic principal and/or interest payments | $ 73,970 |
Collateral | Secured by Marquis land and buildings |
Note #4 Payable to Banc of America Leasing & Capital [Member] |  |
Total Debt | $ 1,025,782 | 0
Debt maturity date | Dec. 30, 2023 |
Debt interest rate description | 4.8907% per annum |
Periodic payment frequency | monthly |
Periodic principal and/or interest payments | $ 15,901 |
Collateral | Secured by equipment |
Note #1 to Banc of America Leasing & Capital [Member] |  |
Total Debt | $ 4,097,764 | 4,931,937
Debt maturity date | Sep. 30, 2021 |
Debt interest rate description | 3.8905% per annum |
Periodic payment frequency | monthly |
Periodic principal and/or interest payments | $ 84,273 |
Collateral | Secured by equipment |
Bank of America Revolver Loan [Member] |  |
Total Debt | $ 4,850,815 | 222,590
Debt maturity date | Jul. 31, 2020 |
Debt interest rate description | Variable, base rate plus a margin |
Periodic payment frequency | monthly |
Collateral | Secured by substantially all Marquis assets |
Texas Capital Bank Revolver Loan [Member] |  |
Total Debt | $ 12,520,437 | $ 0
Debt interest rate description | Variable, one-month LIBOR plus a margin |
Collateral | Secured by substantially all Vintage Stock assets |

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- Definition Amount of short-term debt and current maturity of long-term debt and capital lease obligations due within one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Discussion of whether the debt instrument is secured or unsecured, and, if secured, a description of the collateral and guarantees required or provided. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
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