Notes Payable (Details Narrative) - USD ($) |
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2017 |
Mar. 31, 2016 |
Dec. 31, 2016 |
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Debt Disclosure [Abstract] | |||
Compounded interest on notes payable | $ 143,114 | $ 824,952 | |
Notes payable | 2,100,000 | ||
Platinum notes payable | 1,900,000 | $ 9,600,000 | |
Change in fair value of financial instruments | 140,485 | 1,125,359 | |
Interest expense recorded related to amortization | $ 0 | $ 72,875 |
X | ||||||||||
- Definition The change in fair value of financial instruments. No definition available.
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- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value portion of borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock. No definition available.
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X | ||||||||||
- References No definition available.
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Interest paid other than in cash for example by issuing additional debt securities. As a noncash item, it is added to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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