v2.4.0.8
NOTES PAYABLE AND UNSECURED CONVERTIBLE DEBENTURES (Details Narrative) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Secured Debt
   
Secured Debt outstanding principal balance $ 3,804,111  
Revolving Credit Facilities [Member]
   
Revolving credit Facilities outstanding balance 477,000  
Revolving credit facilities remaining availability 23,000  
Third Coast Bank Revolver [Member]
   
Principal outstanding 30,000  
TPG Note [Member]
   
Principal outstanding 47,882  
Pinewood Note [Member]
   
Principal outstanding 200,000  
Pinewood Note One [Member]
   
Principal outstanding 240,000  
Coventry [Member]
   
Interest expense related to the unsecured convertible 71,834 217,858
Interest expense at stated rate 60,667 120,700
Amortization of debt discount to unsecured convertible 10,159 87,391
Amortization of deferred financing cost to unsecured convertible 1,007 9,777
Effective interest rate on convertible 18.00% 29.40%
Outstanding balance on unsecured convertible 1,492,627  
Outstanding balance on unsecured convertible, current $ 382,155