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MERGER AND ACQUISITIONS TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2013
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | The following table summarizes the estimated fair value of consideration paid and the allocation of purchase price as of the date of acquisition (in millions). The allocation of purchase price to the fair value of tangible and intangible assets and liabilities, including the estimated useful lives of acquired assets, is provisional and remains preliminary as management continues to assess the valuation of these items and any ultimate purchase price adjustments based on the final assets and net working capital, as prescribed by the purchase agreement.
|  | April 16th, |
|  | 2013 |
|  | (in Millions) |
Purchase Consideration: |  |  |  |
Assumption of Debt |  | $ | 20.6 |
Issuance of TOT Group Stock (10%) |  |  | 0.6 |
Total Consideration Transferred |  | $ | 21.2 |
Purchase Price Allocation to Identifiable assets acquired and liabilities assumed |  |  |  |
Current Assets |  | $ | 0.9 |
Merchant Portfolios |  |  | 4.4 |
Other Intangible Assets |  |  | 1.0 |
Current Liabilities |  |  | (2.1) |
Total Identifiable Net Assets |  |  | 4.2 |
Goodwill |  |  | 17.0 |
Total Purchase Price Allocation |  | $ | 21.2 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | December 31,2013 |  | December 31,2012 |
NET Revenues |  | $ | 25,378,495 |  | $ | 58,124,459 |
Net Loss from continuing operations |  | $ | (41,948,056) |  | $ | (12,083,909) |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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