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Related Party Transactions (Details Textual) (USD $)
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1 Months Ended | 12 Months Ended | ||
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Dec. 31, 2012
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Sep. 30, 2011
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Jun. 30, 2014
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Jun. 30, 2013
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| Line of credit issued to related party | $ 1,000,000 | |||
| Line of credit facility, amount outstanding | 0 | 163,829 | ||
| Line of credit facility accrued interest | 0 | 3,341 | ||
| Line Of Credit Facility, Interest Rate Description | The line of credit bears interest equal to the lower of 10%, or the Wall Street Journal Prime Rate (3.25% at June 30, 2013) plus 5%. | |||
| Line of credit facility, interest rate at period end | 8.25% | |||
| Line of credit facility, interest rate during period | 5.00% | |||
| Line of credit facility, description | The line of credit was for a period of one year and matured on August 31, 2012. | |||
| Consulting expenses | 321,205 | 598,995 | ||
| Professional fees | 724,385 | 620,162 | ||
| Related party expenses | 397,055 | 807,001 | ||
| Due from related parties | 0 | 183,346 | ||
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Accrued interest
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| Allowance for Loan and Lease Losses, Write-offs | 177,382 | |||
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Related Parties
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| Professional fees | $ 57,345 | $ 135,000 | ||
| X | ||||||||||
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- Definition
Consulting expenses No definition available.
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- Definition
Line of credit issued to related party No definition available.
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- Definition
Related party expenses No definition available.
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- Definition
Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the terms of a credit facility arrangement. Terms typically include interest rate, collateral required, guarantees required, repayment requirements, and restrictions on use of assets and activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Increase for accrued, but unpaid interest on the credit facility for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The effective interest rate at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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