COMMITMENTS AND CONTINGENCIES (Details Narrative) |
1 Months Ended | 6 Months Ended | |
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Feb. 28, 2014
ft²
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Jun. 30, 2015
USD ($)
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Jun. 30, 2014
USD ($)
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Commitments And Contingencies [Line Items] | |||
Rent expense | $ 145,448 | $ 127,685 | |
Spencer Lease | |||
Commitments And Contingencies [Line Items] | |||
Rental term | 5 years | ||
Rent expense | $ 153,000 | ||
Annual rental increase | 4.00% | ||
Tenant Improvement Allowance Option | $ 150,000 | ||
Interest rate | 5.50% | ||
Spencer Lease | Office | |||
Commitments And Contingencies [Line Items] | |||
Area of building | ft² | 16,000 | ||
Spencer Lease | Warehouse | |||
Commitments And Contingencies [Line Items] | |||
Area of building | ft² | 8,000 | ||
Spencer Lease | Building | |||
Commitments And Contingencies [Line Items] | |||
Area of building | ft² | 24,000 |
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- References No definition available.
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- Definition Commitments and contingencies. No definition available.
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- References No definition available.
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- Definition Area of a real estate property. No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Term of the lessee's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition This element represents the payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease, excluding contingent rentals and a guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cash payments to lessor's for use of assets under operating leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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