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Debt Issuance Costs | 12 Months Ended
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Dec. 31, 2012
Debt Issuance Costs [Abstract] |
Debt Issuance Costs | 8. Debt Issuance Costs Debt issuance costs consisted of the following at December 31, 2012:
Financial advisor fee |  | $ | 80,000 |
Legal fees |  |  | 15,466 |
Fair value of warrants issued (as disclosed in Note 15) |  |  | 8,166 |
|  |  | 103,632 |
Less: accumulated amortization |  |  | - |
|  | $ | 103,632 |
There was no amortization expense of debt issuance costs as of December 31, 2012, as the transaction was completed on December 27, 2012. Future estimated amortization expense of deferred loan costs as of December 31, 2012 is as follows:
|  | For the year ending December 31, |
2013 |  | $ | 69,088 |
2014 |  |  | 34,544 |
Total |  | $ | 103,632 |

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