RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)
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6 Months Ended | 24 Months Ended | |
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Jun. 30, 2013
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Jun. 30, 2012
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Sep. 01, 2012
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Monthly rental payment | $ 62,159 | $ 62,159 | $ 10,359 |
Fees paid to related party for services | 3,105 | 14,550 | |
Note Receivable GGLLC
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Fixed interest rate | 6.00% | ||
Monthly principal and interest payments | 6,598 | ||
Unpaid principal and interest due | 2015-08-01 | ||
Monthly principal and interest payment, reduction | 3,332 | ||
Interest income | 11,560 | 12,020 | |
Interest receivable balance | 5,740 | ||
Note payable, balance | 384,084 | 399,323 | |
Note Receivable GGLLC 2
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Fixed interest rate | 7.30% | ||
Monthly principal and interest payments | 9,159 | ||
Unpaid principal and interest due | 2017-02-01 | ||
Note payable, balloon payment | $ 1,003,000 |
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Costs of sales and operating expenses for the period incurred from transactions with related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Carrying amount as of the balance sheet date of current interest earned but not received. Also called accrued interest or accrued interest receivable. For classified balance sheets, represents the current amount receivable, that is amounts expected to be collected within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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