XML 68 R59.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Bank Debt (Details Textual) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2017 USD ($) ft² CreditFacilities | Mar. 31, 2016 USD ($) CreditFacilities | Sep. 30, 2015 USD ($) | Sep. 30, 2010 USD ($) | Sep. 30, 2018 USD ($) CreditFacilities | Sep. 30, 2017 USD ($)
Bank Debt (Textual) |  |  |  |  |  |
Number of credit facilities | CreditFacilities |  |  |  |  | 5 |
Debt issue costs |  |  |  |  | $ 522 | $ 63,358
Unrestricted cash, cash equivalents and short-term investments |  |  |  |  | $ 2,000,000 |
Credit Facilities [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Number of credit facilities | CreditFacilities | 2 | 2 |  |  |  |
Credit facility aggregate value | $ 6,500,000 | $ 4,500,000 |  |  |  |
Variable interest rate with LIBOR, description |  |  |  |  | These notes bear interest at a variable rate equal to the one-month LIBOR plus a margin of 2.25%. |
Variable interest rate |  |  |  |  | 4.35% |
Debt issue costs | 66,622 | $ 46,734 | $ 34,125 | $ 26,489 |  |
Credit Facilities One [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Variable interest rate with LIBOR, description |  |  |  |  | This note bears interest at a variable rate equal to the one-month LIBOR plus a margin of 2.25%. |
Variable interest rate |  |  |  |  | 4.31% |
Interest rate swaps [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Variable interest rate with LIBOR, description |  |  |  |  | Interest rate exposures on Loan #1 and Loan #2 with interest rate swap agreements that effectively converted floating interest rates based on the one-month LIBOR plus a margin of 3.25% and 2.25% to the fixed rates of 6.04% and 4.38%, respectively. As of September 30, 2018, the variable rates on these two mortgage notes were approximately 5.40% and 4.43%, respectively. |
Original notional amount |  |  |  |  | $ 2,835,513 |
Interest rate swaps [Member] | Loan One [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Variable interest rate |  |  |  |  | 5.40% |
Original notional amount |  |  |  |  | $ 1,000,000 |
Interest rate swaps [Member] | Mortgage Loan Two [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Variable interest rate |  |  |  |  | 4.43% |
Original notional amount |  |  |  |  | $ 2,500,000 |
TD Bank N.A [Member] | Loan One [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Maximum limit on issuance of loan, rate |  |  |  | 80.00% |  |
Proceeds from issuance of loan |  |  |  | $ 1,000,000 |  |
Interest payments, term |  |  |  | 10 years |  |
Loan amortization, term |  |  |  | 15 years |  |
Balloon principal payment |  |  |  | $ 451,885 |  |
Balloon principal payment due, description |  |  |  | Due during the third quarter of 2020. |  |
Outstanding amount of loan |  |  |  |  | 579,485 |
TD Bank N.A [Member] | Mortgage Loan Two [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Proceeds from issuance of loan |  |  | $ 2,500,000 |  |  |
Interest payments, term |  |  | 10 years |  |  |
Loan amortization, term |  |  | 20 years |  |  |
Balloon principal payment |  |  | $ 1,550,000 |  |  |
Balloon principal payment due, description |  |  | Due during the third quarter of 2025. |  |  |
Outstanding amount of loan |  |  |  |  | $ 2,256,028 |
TD Bank N.A [Member] | Construction Loan Three [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Maximum limit on issuance of loan, rate |  |  |  |  | 80.00% |
Proceeds from issuance of loan |  |  |  |  | $ 3,940,000 |
Loan amortization, term |  |  |  |  | 7 years |
Outstanding amount of loan |  |  |  |  | $ 3,940,000 |
Variable interest rate with LIBOR, description |  |  |  |  | Variable rate equal to the one-month LIBOR (adjusted at each monthly payment date) plus a margin of 2.25% (which was equal to approximately 4.35% for the one-month period beginning October 1, 2018) through September 2018. |
Loan conversion, term |  |  |  |  | 7 years |
TD Bank N.A [Member] | Construction Loan Four [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Maximum limit on issuance of loan, description |  |  |  |  | Not to exceed 80% (75% prior to the 2017 amendments). |
Proceeds from issuance of loan |  |  |  |  | $ 2,560,000 |
Interest payments, term |  |  |  |  | 10 years |
Loan amortization, term |  |  |  |  | 20 years |
Balloon principal payment |  |  |  |  | $ 1,408,000 |
Balloon principal payment due, description |  |  |  |  | Due during the first quarter of 2027. |
Outstanding amount of loan |  |  |  |  | $ 2,496,000 |
Variable interest rate with LIBOR, description |  |  |  |  | Variable rate equal to the one-month LIBOR (adjusted at each monthly payment date) plus a margin of 2.25% (which was equal to approximately 4.35% for the one-month period beginning October 1, 2018) through March 2018. |
TD Bank N.A [Member] | Mortgage Loan Five [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Proceeds from issuance of loan | $ 340,000 |  |  |  |  |
Interest payments, term | 10 years |  |  |  |  |
Loan amortization, term | 20 years |  |  |  |  |
Balloon principal payment | $ 206,000 |  |  |  |  |
Balloon principal payment due, description | Due during the first quarter of 2027. |  |  |  |  |
Outstanding amount of loan |  |  |  |  | $ 323,333 |
Variable interest rate with LIBOR, description | Variable rate equal to the one-month LIBOR (adjusted at each monthly payment date) plus a margin of 2.25% (which was equal to approximately 4.31% for the one-month period beginning September 16, 2018). |  |  |  |  |
Warehouse and storage facility | ft² | 4,114 |  |  |  |  |
TD Bank N.A [Member] | Credit Facilities [Member] |  |  |  |  |  |
Bank Debt (Textual) |  |  |  |  |  |
Credit facility aggregate value |  |  |  | $ 500,000 |  |
Variable interest rate with LIBOR, description |  |  |  | Interest on borrowings against the line of credit is variable at the higher of 4.25% per annum or the one-month LIBOR plus 3.5% per annum. |  |

X
- References No definition available. + Details
Name: | iccc_BankDebtTextualsAbstract
Namespace Prefix: | iccc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition It represents about maximum limit on issuance of debt. + References No definition available. + Details
Name: | iccc_DebtInstrumentMaximumLimitOnIssueDescription
Namespace Prefix: | iccc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition It represents about the percentage of maximum limit on issuance of debt. + References No definition available. + Details
Name: | iccc_DebtInstrumentMaximumLimitOnIssueRate
Namespace Prefix: | iccc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash and cash equivalents unrestricted. + References No definition available. + Details
Name: | iccc_UnrestrictedCashAndCashEquivalentsOfShortTermInvestments
Namespace Prefix: | iccc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Description of contractual payment terms of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Includes, but is not limited to, whether mortgage loan is payable at level or varying amount to maturity, balloon payment requirement at maturity, and prepayment penalty. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph Column D -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column D)) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstatePeriodicPaymentTerms
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of payment to be received at final maturity date for mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Footnote 5 -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Footnote 5)) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstatePeriodicPaymentTermsBalloonPaymentToBeReceived
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Area of land held. + References No definition available. + Details
Name: | us-gaap_AreaOfLand
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition The name of the original debt issue that has been converted in a noncash (or part noncash) transaction during the accounting period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References No definition available. + Details
Name: | us-gaap_DebtConversionDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of equity instruments that the holder of the debt instrument would receive if the debt was converted to equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(5)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentConvertibleNumberOfEquityInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(3)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentPaymentTerms
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition For the form of debt having an initial term of less than one year or less than the normal operating cycle, if longer, average borrowings during the period. + References No definition available. + Details
Name: | us-gaap_ShorttermDebtAverageOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=iccc_CreditFacilitiesOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iccc_LoanOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iccc_LoanTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=iccc_TdBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iccc_LoanThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iccc_LoanFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iccc_LoanFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |