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Debt Issuance Costs | 6 Months Ended
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Jun. 30, 2014
Debt Issuance Costs [Abstract] |
Debt Issuance Costs | 6. Debt Issuance Costs Debt issuance costs consisted of the following at June 30, 2014 and December 31, 2013:
|  | 2014 |  |  | 2013 |
Financial advisor fee |  | $ | 108,000 |  |  | $ | 108,000 |
Legal fees |  |  | 56,229 |  |  |  | 15,466 |
Fair value of warrants issued (as disclosed in Note 9 ) |  |  | 11,024 |  |  |  | 11,024 |
|  |  | 175,253 |  |  |  | 134,490 |
Less: accumulated amortization |  |  | (138,826 | ) |  |  | (89,660 | )
|  | $ | 36,427 |  |  | $ | 44,830 |
Amortization expense of debt issuance costs for the three months and six months ended June 30, 2014 and 2013 amounted to $26,751, $22,415, $49,166 and $44,830, respectively, and is included in interest expense on the accompanying condensed consolidated statements of operations.

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