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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income (loss) $ 173,897 $ (325,398)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Amortization of intangible assets 177,856 177,856
Change in unrealized loss on interest rate swap 189,111
Amortization of debt costs 18,886 460,813
Stock-based compensation 142,029 150,448
Changes in operating assets and liabilities    
Decrease in other receivables 6,142 1,054
Increase (decrease) in prepaid expense 6,658 (18,398)
(Increase) decrease in other assets 53,156 (6,500)
Increase in deferred revenue 174,944 120,815
Increase (decrease) in accounts payable 17,232 (302,723)
Decrease in accounts payable, related party (345,145)
Increase in accrued interest 18,900 38,229
Net cash provided by operating activities 789,700 140,162
Financing Activities    
Principal payment on long-term debt (316,510) (266,461)
Payment of deferred finance costs (37,992)
Cash dividends paid on preferred stock (209,904) (209,903)
Net cash used in financing activities (526,414) (514,356)
Net increase (decrease) in cash and cash equivalents 263,286 (374,194)
Cash and cash equivalents, beginning of period 435,870 654,381
Cash and cash equivalents, end of period 699,156 280,187
Supplemental disclosure of cash flow information:    
Interest paid $ 359,188 $ 374,290