XML 36 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Liquidity and Financial Condition (Details Textual) - USD ($)
 6 Months Ended
Apr. 15, 2016
Jun. 30, 2016
Jun. 30, 2015
Aug. 22, 2016
Jun. 29, 2016
Dec. 31, 2015
Aug. 08, 2015
Dec. 31, 2014
Apr. 10, 2014
Liquidity and Financial Condition (Textual)                  
Interest rate                 8.00%
share price   $ 1.00              
Common stock, shares authorized         300,000,000        
Common stock, par value         $ 0.01        
Common stock, shares issued         42,918,927        
Common stock, shares outstanding         42,918,927        
Period for capital requirements fund   Eighteen months              
Fair value of an entity's long term debt and shareholders   $ 8,551,528              
Debt issuance costs   45,151              
Fair Value of derivative financial instrument   394,460              
Fresh-start adjustment   $ 2,500,000              
Stock price   $ 1.25              
Expected volatility rate   48.80%              
Risk free interest rate   0.58%              
Expiration date   2 years              
Predecessor [Member]                  
Liquidity and Financial Condition (Textual)                  
Common stock, shares authorized           300,000,000      
Common stock, par value           $ 0.01      
Common stock, shares issued           42,918,927      
Common stock, shares outstanding           42,918,927      
Preferred stock shares authorized           5,000,000      
Preferred stock value per share           $ 0.01      
Preferred stock shares issued           0      
Preferred stock shares outstanding           0      
Cash balance     $ 168,444     $ 466,997   $ 884,188  
Discount on convertible debt current                
Total current portion of debt           5,017,045      
Interest expense on financing   $ 35,848            
Debtor in possession financing           $ 600,000      
Successor [Member]                  
Liquidity and Financial Condition (Textual)                  
Common stock, shares authorized   300,000,000              
Common stock, par value   $ 0.01              
Common stock, shares issued   491,365              
Common stock, shares outstanding   491,365              
Preferred stock shares authorized   5,405,000              
Preferred stock value per share   $ 1.00              
Preferred stock shares issued   5,405,010              
Preferred stock shares outstanding   5,405,010              
Cash balance   $ 955,803              
Net proceeds from Exit Facility   1,319,001              
Discount on convertible debt current   387,965              
Total current portion of debt                
Debtor in possession financing                
Former Preferred Stock [Member]                  
Liquidity and Financial Condition (Textual)                  
Preferred stock shares authorized   5,000,000              
Preferred stock value per share   $ 0.01              
Preferred stock shares issued                
Preferred stock shares outstanding                
New Preferred Stock [Member]                  
Liquidity and Financial Condition (Textual)                  
Convertible preferred stock shares   5,405,010              
Convertible preferred stock designated par value   $ 1.00              
Description of conversion shares and exercise of management options to exit facility   The New Preferred Stock is convertible into New Common Stock on a 1:1 basis and, if converted on the Effective Date, would convert into 82.5% of the New Common Stock issued and outstanding on the Effective Date, after taking into account shares of New Common Stock issued to holders of the Former Common Stock and the exercise of the Management Options but prior to any conversion of the Exit Facility.              
Management Options [Member]                  
Liquidity and Financial Condition (Textual)                  
Common stock ratio shares   655,153              
Options to acquire aggregate percentage.   10.00%              
SGB [Member]                  
Liquidity and Financial Condition (Textual)                  
Common stock, par value   $ 0.01              
Common stock, shares issued   491,365              
Common stock, shares outstanding   491,365              
Percentage of common stock former holders   7.50%              
HCI [Member]                  
Liquidity and Financial Condition (Textual)                  
Common stock ratio shares   1              
share price   $ 1.25              
Preferred stock shares convertible into common stock shares   5,405,010              
Noncontrolling interest percentage   51.17%              
Exit Facility [Member]                  
Liquidity and Financial Condition (Textual)                  
Description of operational improvement plan   (i) to make a one hundred percent (100%) distribution for payment of unsecured claims in accordance with the Plan, (ii) to pay all costs of the administration of SGB's Bankruptcy, (iii) to pay all amounts owed under the DIP Facility and (iv) for general working capital purposes of the Company.              
Senior Secured Convertible Debenture [Member]                  
Liquidity and Financial Condition (Textual)                  
Maximum principal amount   $ 2,500,000              
Subscription price sales   $ 2,000,000              
Percentage of OID secured convertible debenture   12.00%              
Senior Secured Convertible Debenture [Member] | Exit Facility [Member]                  
Liquidity and Financial Condition (Textual)                  
Maturity date   Jun. 30, 2018              
DIP Credit Agreement [Member]                  
Liquidity and Financial Condition (Textual)                  
Maximum principal amount $ 600,000                
Interest rate 12.00%                
Collateral fee $ 25,000                
Subsequent Event [Member]                  
Liquidity and Financial Condition (Textual)                  
Cash balance       $ 694,000