RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)
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9 Months Ended | 24 Months Ended | |
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 01, 2012
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Monthly rental payment | $ 10,359 | ||
Rent expense | 109,398 | 106,460 | |
Saucier Business Trust
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Rent expense | 93,239 | 93,239 | |
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 | 17,114 | 18,985 | |
Interest receivable balance | 11,741 | ||
Note payable, balance | 383,298 | 388,261 | |
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, balance | 1,102,362 | 1,122,915 | |
Note payable, balloon payment | 1,003,000 | ||
Carpathia Associates LLC
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Fees paid to related party for services | $ 3,105 | $ 24,175 |
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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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