Western Capital Resources (WCRS) 10-Q 13 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 11, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'WESTERN CAPITAL RESOURCES, INC.	'
Entity Central Index Key	'0001363958	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'WCRS	'
Entity Common Stock, Shares Outstanding	'	5,997,588
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
CURRENT ASSETS	'	'
Cash	$3,071,565	$1,983,835
Loans receivable (less allowance for losses of $1,105,000 and $1,215,000)	5,094,099	5,438,202
Inventory	2,003,077	1,557,886
Prepaid expenses and other	528,435	889,590
Deferred income taxes	470,000	498,000
TOTAL CURRENT ASSETS	11,167,176	10,367,513
PROPERTY AND EQUIPMENT	880,536	928,074
GOODWILL	12,894,069	12,894,069
INTANGIBLE ASSETS	284,134	117,096
OTHER	147,605	132,333
TOTAL ASSETS	25,373,520	24,439,085
CURRENT LIABILITIES	'	'
Accounts payable and accrued liabilities	2,985,640	2,910,560
Income taxes payable	252,553	'
Current portion long-term debt	2,000,000	2,750,000
Deferred revenue	270,102	296,503
TOTAL CURRENT LIABILITIES	5,508,295	5,957,063
LONG-TERM LIABILITIES	'	'
Deferred income taxes	1,403,000	1,156,000
TOTAL LONG-TERM LIABILITIES	1,403,000	1,156,000
TOTAL LIABILITIES	6,911,295	7,113,063
SHAREHOLDERS' EQUITY	'	'
Common stock, no par value, 12,500,000 shares authorized, 3,010,765 shares issued and outstanding	0	0
Additional paid-in capital	22,353,212	22,353,600
Accumulated deficit	-3,890,987	-5,027,578
TOTAL SHAREHOLDERS' EQUITY	18,462,225	17,326,022
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$25,373,520	$24,439,085

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Allowance for losses (in dollars)	$1,105,000	$1,215,000
Common stock, shares authorized	12,500,000	12,500,000
Common stock, shares issued	3,010,765	3,010,765
Common stock, shares outstanding	3,010,765	3,010,765

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
REVENUES	'	'	'	'
Retail sales, fees and commissions	$6,638,922	$5,638,044	$18,582,085	$15,469,392
Financing fees and interest	2,919,822	2,958,226	8,229,216	8,314,070
TOTAL REVENUES	9,558,744	8,596,270	26,811,301	23,783,462
STORE EXPENSES	'	'	'	'
Phone and accessories cost of sales	2,839,494	2,553,880	8,435,300	6,980,858
Salaries and benefits	2,038,741	1,958,872	6,191,448	5,468,861
Occupancy	737,517	677,089	2,140,640	1,953,905
Provisions for loan losses	514,762	575,355	1,268,330	1,320,546
Advertising	91,164	88,995	260,831	261,713
Depreciation	80,550	89,514	238,874	255,595
Amortization of intangible assets	28,373	36,194	82,962	112,735
Other	1,204,136	1,141,614	3,539,234	2,903,731
TOTAL STORE EXPENSES	7,534,737	7,121,513	22,157,619	19,257,944
INCOME FROM STORES	2,024,007	1,474,757	4,653,682	4,525,518
GENERAL & ADMINISTRATIVE EXPENSES	'	'	'	'
Salaries and benefits	667,645	498,488	1,510,817	1,496,730
Depreciation	6,600	7,200	19,770	20,028
Interest expense	60,493	83,178	191,823	249,069
Other	376,953	258,312	1,108,681	798,659
TOTAL GENERAL & ADMINISTRATIVE EXPENSES	1,111,691	847,178	2,831,091	2,564,486
INCOME BEFORE INCOME TAXES	912,316	627,579	1,822,591	1,961,032
INCOME TAX EXPENSE	347,000	235,000	686,000	741,000
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$565,316	$392,579	$1,136,591	$1,220,032
NET INCOME PER COMMON SHARE	'	'	'	'
Basic (in dollars per share)	$0.19	$0.13	$0.38	$0.40
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING -	'	'	'	'
Basic (in shares)	3,010,765	3,011,008	3,010,922	3,012,667

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
OPERATING ACTIVITIES	'	'
Net Income	$1,136,591	$1,220,032
Adjustments to reconcile net income to net cash provided (used) by operating activities:	'	'
Depreciation	258,644	275,623
Amortization	82,962	112,735
Deferred income taxes	275,000	211,000
Changes in operating assets and liabilities	'	'
Loans receivable	344,103	30,885
Inventory	-445,191	-473,501
Prepaid expenses and other assets	345,883	39,556
Accounts payable and accrued liabilities	327,633	-358,775
Deferred revenue	-26,401	-14,392
Net cash provided by operating activities	2,299,224	1,043,163
INVESTING ACTIVITIES	'	'
Purchases of property and equipment	-211,106	-276,104
Purchases of intangible assets	-250,000	-143,000
Net cash used by investing activities	-461,106	-419,104
FINANCING ACTIVITIES	'	'
Payments on notes payable - short-term	0	-405,163
Payments on notes payable - long-term	-750,000	-210,065
Common stock redemption	-388	-17,762
Net cash used by financing activities	-750,388	-632,990
NET INCREASE (DECREASE) IN CASH	1,087,730	-8,931
CASH	'	'
Beginning of period	1,983,835	2,246,619
End of period	3,071,565	2,237,688
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION	'	'
Income taxes paid	164,838	481,253
Interest paid	200,124	248,962
Noncash investing and financing activities:	'	'
Accrued purchase of property and equipment	$0	$159,148

Basis_of_Presentation_Nature_o

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	'
		1	Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies –
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared according to the instructions to Form 10-Q and Section 210.8-03(b) of Regulation S-X of the Securities and Exchange Commission (SEC) and, therefore, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted.
	In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine-month period ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. For further information, refer to the Consolidated Financial Statements and footnotes thereto included in our Form 10-K as of and for the year ended December 31, 2013. The condensed consolidated balance sheet at December 31, 2013, has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by GAAP.
	Nature of Business
	Western Capital Resources, Inc. (“WCR”), through its wholly owned operating subsidiaries, Wyoming Financial Lenders, Inc. (“WFL”), Express Pawn, Inc. (“EP”), and PQH Wireless, Inc. (“PQH”), collectively referred to as the “Company,” provides retail financial services to individuals and operates retail cellular and retail pawn stores primarily in the Midwestern and Southwestern United States.  The Company operated 48 “Payday” stores, two combined payday/pawn store, and one pawn store in nine states (Colorado, Iowa, Kansas, Nebraska, North Dakota, South Dakota, Utah, Wisconsin and Wyoming) as of September 30, 2014. The Company operated 58 cellular retail stores in 14 states (Arizona, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Missouri, Nebraska, Ohio, Oklahoma, Oregon, Texas and Washington) as of September 30, 2014.  The consolidated financial statements include the accounts of WCR, WFL, PQH and EP. All significant intercompany balances and transactions have been eliminated in consolidation.
	Through our “Consumer Finance” division, we provide non-recourse cash advance and installment loans, collateralized non-recourse pawn loans, check cashing and other money services, and operate retail pawn stores.  The short-term uncollateralized non-recourse consumer loans, known as “cash advance” or “payday” loans, are in amounts that typically range from $100 to $500. Cash advance loans provide customers with cash in exchange for a promissory note with a maturity of generally two to four weeks and the customer’s post-dated personal check for the aggregate amount of the cash advanced plus a fee. The fee varies from state to state, based on applicable regulations, and generally ranges from $15 to $22 per each $100 borrowed. To repay a cash advance loan, a customer may pay with cash, in which case their personal check is returned to them, or allow the check to be presented to the bank for collection. Installment loans provide customers with cash in exchange for a promissory note with a maturity of generally three to six months and are unsecured. The fee and interest rate on installment loans vary based on applicable regulations.
	Our pawn stores provide collateralized non-recourse loans, commonly known as “pawn loans,” with maturities of one to four months, depending on applicable state regulations. Allowable service charges vary by state. Our pawn loans earn 17.5% to 20% per month. The loan amount varies depending on the valuation of each item pawned. We generally lend from 30% to 55% of the collateral’s estimated resale value depending on our evaluation of several factors. Customers then have the option to redeem the pawned merchandise during the term or at expiration of the pawn loan or else forfeit the merchandise to us upon expiration. At our pawn stores, we sell merchandise acquired through either customer forfeiture of pawn collateral or second-hand merchandise purchased from customers or consigned to us.
	We also provide title loans and other ancillary consumer financial products and services that are complementary to our cash advance-lending business, such as check-cashing services, money transfers and money orders.  In our check-cashing business, we primarily cash payroll checks, but we also cash government assistance, tax refund and insurance checks or drafts. Our fees for cashing payroll checks average approximately 2.5% of the face amount of the check, subject to local market conditions, and this fee is deducted from the cash given to the customer for the check. We display our check-cashing fees in full view of our customers on a menu board in each store and provide a detailed receipt for each transaction. Although we have established guidelines for approving check-cashing transactions, we have no preset limit on the size of the checks we will cash.
	Our loans and other related services are subject to state regulations (which vary from state to state), federal regulations and local regulations, where applicable.
	We also operate a “Cellular Retail” division that is an authorized Cricket dealer, selling cellular phones and accessories, providing ancillary services and accepting service payments from customers.
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the condensed consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
	Significant management estimates relate to the loans receivable allowance, percentage of existing pawn loans that will be forfeited, allocation of and carrying value of goodwill and intangible assets, inventory valuation and obsolescence and deferred taxes and tax uncertainties.
	Revenue Recognition
	The Company recognizes fees on cash advance loans on a constant-yield basis ratably over the loans’ terms. Title and installment loan fees and interest are recognized using the interest method, except that installment loan origination fees are recognized as they become non-refundable, and installment loan maintenance fees are recognized when earned. The Company recognizes fees on redeemed pawn loans on a constant-yield basis ratably over the loans’ terms. No fees are recognized on forfeited pawn loans. The Company records revenue from check cashing fees, sales of phones, accessories, and pawn inventory, and fees from all other services in the period in which the sale or service is completed.
	Loans Receivable Allowance
	The Company maintains a loan loss allowance for anticipated losses for our payday and installment loans. We do not record loan losses or charge-offs of pawn or title loans because the value of the collateral exceeds the loan amount. To estimate the appropriate level of the loan loss allowance, we consider the amount of outstanding loan principal, interest and fees, historical charge offs, current and expected collection patterns and current economic trends. Our current loan loss allowance is based on our historical net write off percentage, net charge offs to loan principal, interest and fee amounts that originated during the last 24 months, applied against the balance of loan principal, interest and fees outstanding. The Company also periodically performs a look-back analysis on its loan loss allowance to verify the historical allowance established tracks with the actual subsequent loan write-offs and recoveries. The Company is aware that as conditions change, it may also need to make additional allowances in future periods.
	Included in loans receivable are unpaid principal, interest and fee balances of payday, installment, pawn and title loans that have not reached their maturity date, and “late” payday loans that have reached maturity within the last 180 days and have remaining outstanding balances.  Late payday loans generally are unpaid loans where a customer’s personal check has been deposited and the check has been returned due to non-sufficient funds in the customer’s account, a closed account, or other reasons.   Loans are carried at cost plus accrued interest or fees less payments made and the loans receivable allowance.  The Company does not specifically reserve for any individual loan.  The Company aggregates loan types for purposes of estimating the loss allowance using a methodology that analyzes historical portfolio statistics and management’s judgment regarding recent trends noted in the portfolio.  This methodology takes into account several factors, including the maturity of the store location and charge-off and recovery rates.  The Company utilizes a software program to assist with the tracking of its historical portfolio statistics.   All returned items are charged-off after 180 days, as collections after that date have not been significant.  The loans receivable allowance is reviewed monthly and any adjustment to the loan loss allowance as a result of historical loan performance, current and expected collection patterns and current economic trends is recorded.
	Combination (Reverse Split) of Common Stock
	On May 30, 2014, the Company’s Board of Directors approved a 1-to-20 reverse stock split. The reverse stock split became effective on June 20, 2014. The reverse stock split reduced the number of issued and outstanding shares of common stock to 3,010,765 shares. The reverse stock split similarly reduced by a factor of 20 the authorized number of shares of capital stock that the Company may issue to 12,500,000. The accompanying financial statements and footnotes have been adjusted retroactively to reflect the reverse stock split.
	Net Income Per Common Share
	Basic net income per common share is computed by dividing the income available to common shareholders by the weighted-average number of common shares outstanding for the period. There were no dilutive securities at September 30, 2014 and 2013.
	Segment Reporting
	The Company has grouped its operations into two segments – Consumer Finance division and Cellular Retail division. The Consumer Finance division provides financial and ancillary services and also sells used merchandise at retail pawn stores. The Cellular Retail division is an authorized Cricket premier dealer selling cellular phones and accessories, providing ancillary services and accepting service payments from customers.
	Reclassifications
	Certain Statement of Income reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the nine months ended September 30, 2014.
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) jointly issued a comprehensive new revenue recognition standard that will supersede nearly all existing revenue recognition guidance under US GAAP and IFRS. This converged standard is effective for annual and interim periods beginning after December 15, 2016. The Company is currently assessing the potential effects on our financial condition and results of operations.
	No new accounting pronouncement issued or effective during the fiscal quarter has had or is expected to have a material impact on the condensed consolidated financial statements.

Risks_Inherent_in_the_Operatin

Risks Inherent in the Operating Environment	9 Months Ended
	Sep. 30, 2014
Risks and Uncertainties [Abstract]	'
Concentration Risk Disclosure [Text Block]	'
		2	Risks Inherent in the Operating Environment –
	The Company’s Consumer Finance division activities are highly regulated under numerous local, state, and federal laws and regulations, which are subject to change. New laws or regulations could be enacted that could have a negative impact on the Company’s lending activities. Over the past several years, consumer advocacy groups and certain media reports have advocated governmental and regulatory action to prohibit or severely restrict the Company’s lending activities.
	Any adverse change in present laws or regulations that govern or otherwise affect lending could result in our curtailment or cessation of operations in certain jurisdictions or locations. Furthermore, any failure to comply with any applicable laws or regulations could result in fines, litigation, closure of one or more store locations or negative publicity. Any such change or failure would have a corresponding impact on our results of operations and financial condition, primarily through a decrease in revenues resulting from the cessation or curtailment of operations, decrease in our operating income through increased legal expenditures or fines, and could also negatively affect our general business prospects as well if we are unable to effectively replace such revenues in a timely and efficient manner or if negative publicity effects our ability to obtain additional financing as needed.
	In addition, the passage of federal or state laws and regulations could, at any point, essentially prohibit the Company from conducting its lending business in its current form. Any such legal or regulatory change would certainly have a material and adverse effect on the Company, its operating results, financial condition and prospects, and perhaps even its viability.
	For the nine months ended September 30, 2014 and 2013, the Company had significant revenues by state (shown as a percentage of the applicable division’s revenue when over 10%) as follows:
	Consumer Finance Division								Cellular Retail Division
		2014				2013				2014			2013
	Nebraska			30	%		28	%	Nebraska		28	%		27	%
	North Dakota			18	%		19	%	Colorado		19	%		*	%
	Wyoming			14	%		15	%	Texas		*	%		12	%
	Iowa			14	%		12	%
	* Less than 10%

Loans_Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	3	Loans Receivable –
	At September 30, 2014 and December 31, 2013 our outstanding loans receivable aging was as follows:
	September 30, 2014
			Payday		Installment		Pawn & Title		Total
	Current		$	4,154,816	$	328,789	$	318,774	$	4,802,379
	30-Jan			301,329		51,136		-		352,465
	31-60			238,424		27,765		-		266,189
	61-90			232,434		13,679		-		246,113
	91-120			192,644		6,654		-		199,298
	121-150			183,369		2,914		-		186,283
	151-180			139,352		7,020		-		146,372
				5,442,368		437,957		318,774		6,199,099
	Allowance for losses			-1,048,000		-57,000		-		-1,105,000
			$	4,394,368	$	380,957	$	318,774	$	5,094,099
	December 31, 2013
			Payday		Installment		Pawn & Title		Total
	Current		$	4,519,839	$	408,782	$	288,788	$	5,217,409
	30-Jan			271,967		56,807		-		328,774
	31-60			202,097		31,212		-		233,309
	61-90			217,154		17,285		-		234,439
	91-120			206,885		8,660		-		215,545
	121-150			199,253		2,846		-		202,099
	151-180			218,802		2,825		-		221,627
				5,835,997		528,417		288,788		6,653,202
	Allowance for losses			-1,120,000		-95,000		-		-1,215,000
			$	4,715,997	$	433,417	$	288,788	$	5,438,202

Loans_Receivable_Allowance

Loans Receivable Allowance	9 Months Ended
	Sep. 30, 2014
Provision for Loan and Lease Losses [Abstract]	'
Allowance for Credit Losses [Text Block]	'
	4	Loans Receivable Allowance –
	As a result of the Company’s collection efforts, it historically writes off approximately 42% of the returned payday items.  Based on days past the check return date, write-offs of payday returned items historically have tracked at the following approximate percentages: 1 to 30 days – 42%; 31 to 60 days – 65%; 61 to 90 days – 83%; 91 to 120 days – 88%; and 121 to 180 days – 91%.  A rollforward of the Company’s loans receivable allowance for the nine months ended September 30, 2014 and 2013 is as follows:
			Nine Months Ended
			September 30,
			2014		2013
	Loans receivable allowance, beginning of period		$	1,215,000	$	1,191,000
	Provision for loan losses charged to expense			1,268,330		1,320,546
	Charge-offs, net			-1,378,330		-1,384,546
	Loans receivable allowance, end of period		$	1,105,000	$	1,127,000

Notes_Payable_Long_Term

Notes Payable - Long Term	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Long-term Debt [Text Block]	'
	5	Notes Payable – Long Term –
	The Company’s long-term debt is as follows:
			September 30, 2014		December 31, 2013
	Note payable (with a credit limit of $3,000,000) to River City Equity, Inc., a related party, with interest payable monthly at 12%, due June 30, 2015, and upon certain events  can be collateralized by substantially all assets of WCR.		$	2,000,000	$	2,750,000
	Total			2,000,000		2,750,000
	Less current maturities			-2,000,000		-2,750,000
			$	-	$	-

Other_Expense

Other Expense	9 Months Ended
	Sep. 30, 2014
Other Expense [Abstract]	'
Other Expense [Text Block]	'
	6	Other Expense –
	A breakout of other expense is as follows:
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2014		2013		2014		2013
	Store expenses
	Bank fees		$	114,389	$	109,892	$	334,067	$	316,208
	Collection costs			102,653		118,510		324,636		356,425
	Repairs & maintenance			59,344		81,056		258,803		194,470
	Supplies			144,572		208,665		455,986		371,426
	Telephone			48,387		46,353		151,620		125,468
	Utilities and network lines			230,969		207,372		694,977		585,422
	Other			503,822		369,766		1,319,145		954,312
			$	1,204,136	$	1,141,614	$	3,539,234	$	2,903,731
	General & administrative expenses
	Professional fees		$	46,799	$	71,494	$	259,791	$	262,855
	Management and consulting fees			126,163		111,826		364,148		331,335
	Other			203,991		74,992		484,742		204,469
			$	376,953	$	258,312	$	1,108,681	$	798,659

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	7	Segment Information –
	The Company has grouped its operations into two segments – Consumer Finance and Cellular Retail.  The Consumer Finance segment provides financial and ancillary services.  The Cellular Retail segment is an authorized Cricket Wireless dealer selling cellular phones and accessories, ancillary services and serving as a payment center for customers.
	Segment information related to the three and nine months ended September 30, 2014 and 2013 is set forth below:
			Three Months Ended						Three Months Ended
			September 30, 2014						September 30, 2013
			Consumer Finance		Cellular Retail		Total		Consumer Finance		Cellular Retail		Total
	Revenues from external customers		$	3,366,283	$	6,192,461	$	9,558,744	$	3,287,935	$	5,308,335	$	8,596,270
	Net income		$	298,819	$	266,497	$	565,316	$	350,768	$	41,811	$	392,579
			Nine Months Ended						Nine Months Ended
			September 30, 2014						September 30, 2013
			Consumer Finance		Cellular Retail		Total		Consumer Finance		Cellular Retail		Total
	Revenues from external customers		$	9,505,855	$	17,305,446	$	26,811,301	$	9,269,693	$	14,513,769	$	23,783,462
	Net income		$	938,200	$	198,391	$	1,136,591	$	1,038,856	$	181,176	$	1,220,032
	Total segment assets		$	16,748,834	$	8,624,686	$	25,373,520	$	15,694,275	$	8,243,296	$	23,937,571

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	8	Subsequent Events –
	AlphaGraphics Merger Transaction
	After close of business September 30, 2014, the Company acquired the business of AlphaGraphics, Inc., a Delaware corporation, by completing a merger transaction. The Agreement and Plan of Merger governing the transaction (the “Merger Agreement”) was entered into on August 29, 2014, by and among the Company, WCRS Acquisition Co., LLC, a Delaware limited liability company and wholly owned acquisition subsidiary of the Company, and BC Alpha Holdings II, LLC, a Delaware limited liability company and the parent entity of AlphaGraphics.
	As contemplated under the Merger Agreement, all of the outstanding membership interests in BC Alpha Holdings II were exchanged for the issuance by the Company of 2,986,823 shares of common stock of the Company representing approximately 49.8% of the total issued and outstanding common stock of the Company after the merger.
	Change in Board of Directors
	On October 1, 2014, and in connection with the AlphaGraphics merger transaction described above, Angel Donchev and Thomas Ripley resigned from their positions as directors of the Company. On that same day, the Board of Directors appointed Gay A. Burke and Lawrence S. Berger to the board vacancies created by the resignations of Messrs. Donchev and Ripley. The appointments of Gay A. Burke and Lawrence S. Berger occurred at the direction of BC Alpha Holdings II, consistent with certain director-appointment rights granted to that company in the Merger Agreement. Lawrence Berger was appointed to serve as a member of the Audit Committee, replacing Angel Donchev.

Basis_of_Presentation_Nature_o1

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared according to the instructions to Form 10-Q and Section 210.8-03(b) of Regulation S-X of the Securities and Exchange Commission (SEC) and, therefore, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted.
	In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine-month period ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. For further information, refer to the Consolidated Financial Statements and footnotes thereto included in our Form 10-K as of and for the year ended December 31, 2013. The condensed consolidated balance sheet at December 31, 2013, has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by GAAP.
Nature Of Business [Policy Text Block]	'
	Nature of Business
	Western Capital Resources, Inc. (“WCR”), through its wholly owned operating subsidiaries, Wyoming Financial Lenders, Inc. (“WFL”), Express Pawn, Inc. (“EP”), and PQH Wireless, Inc. (“PQH”), collectively referred to as the “Company,” provides retail financial services to individuals and operates retail cellular and retail pawn stores primarily in the Midwestern and Southwestern United States.  The Company operated 48 “Payday” stores, two combined payday/pawn store, and one pawn store in nine states (Colorado, Iowa, Kansas, Nebraska, North Dakota, South Dakota, Utah, Wisconsin and Wyoming) as of September 30, 2014. The Company operated 58 cellular retail stores in 14 states (Arizona, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Missouri, Nebraska, Ohio, Oklahoma, Oregon, Texas and Washington) as of September 30, 2014.  The consolidated financial statements include the accounts of WCR, WFL, PQH and EP. All significant intercompany balances and transactions have been eliminated in consolidation.
	Through our “Consumer Finance” division, we provide non-recourse cash advance and installment loans, collateralized non-recourse pawn loans, check cashing and other money services, and operate retail pawn stores.  The short-term uncollateralized non-recourse consumer loans, known as “cash advance” or “payday” loans, are in amounts that typically range from $100 to $500. Cash advance loans provide customers with cash in exchange for a promissory note with a maturity of generally two to four weeks and the customer’s post-dated personal check for the aggregate amount of the cash advanced plus a fee. The fee varies from state to state, based on applicable regulations, and generally ranges from $15 to $22 per each $100 borrowed. To repay a cash advance loan, a customer may pay with cash, in which case their personal check is returned to them, or allow the check to be presented to the bank for collection. Installment loans provide customers with cash in exchange for a promissory note with a maturity of generally three to six months and are unsecured. The fee and interest rate on installment loans vary based on applicable regulations.
	Our pawn stores provide collateralized non-recourse loans, commonly known as “pawn loans,” with maturities of one to four months, depending on applicable state regulations. Allowable service charges vary by state. Our pawn loans earn 17.5% to 20% per month. The loan amount varies depending on the valuation of each item pawned. We generally lend from 30% to 55% of the collateral’s estimated resale value depending on our evaluation of several factors. Customers then have the option to redeem the pawned merchandise during the term or at expiration of the pawn loan or else forfeit the merchandise to us upon expiration. At our pawn stores, we sell merchandise acquired through either customer forfeiture of pawn collateral or second-hand merchandise purchased from customers or consigned to us.
	We also provide title loans and other ancillary consumer financial products and services that are complementary to our cash advance-lending business, such as check-cashing services, money transfers and money orders.  In our check-cashing business, we primarily cash payroll checks, but we also cash government assistance, tax refund and insurance checks or drafts. Our fees for cashing payroll checks average approximately 2.5% of the face amount of the check, subject to local market conditions, and this fee is deducted from the cash given to the customer for the check. We display our check-cashing fees in full view of our customers on a menu board in each store and provide a detailed receipt for each transaction. Although we have established guidelines for approving check-cashing transactions, we have no preset limit on the size of the checks we will cash.
	Our loans and other related services are subject to state regulations (which vary from state to state), federal regulations and local regulations, where applicable.
	We also operate a “Cellular Retail” division that is an authorized Cricket dealer, selling cellular phones and accessories, providing ancillary services and accepting service payments from customers.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the condensed consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
	Significant management estimates relate to the loans receivable allowance, percentage of existing pawn loans that will be forfeited, allocation of and carrying value of goodwill and intangible assets, inventory valuation and obsolescence and deferred taxes and tax uncertainties.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition
	The Company recognizes fees on cash advance loans on a constant-yield basis ratably over the loans’ terms. Title and installment loan fees and interest are recognized using the interest method, except that installment loan origination fees are recognized as they become non-refundable, and installment loan maintenance fees are recognized when earned. The Company recognizes fees on redeemed pawn loans on a constant-yield basis ratably over the loans’ terms. No fees are recognized on forfeited pawn loans. The Company records revenue from check cashing fees, sales of phones, accessories, and pawn inventory, and fees from all other services in the period in which the sale or service is completed.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	'
	Loans Receivable Allowance
	The Company maintains a loan loss allowance for anticipated losses for our payday and installment loans. We do not record loan losses or charge-offs of pawn or title loans because the value of the collateral exceeds the loan amount. To estimate the appropriate level of the loan loss allowance, we consider the amount of outstanding loan principal, interest and fees, historical charge offs, current and expected collection patterns and current economic trends. Our current loan loss allowance is based on our historical net write off percentage, net charge offs to loan principal, interest and fee amounts that originated during the last 24 months, applied against the balance of loan principal, interest and fees outstanding. The Company also periodically performs a look-back analysis on its loan loss allowance to verify the historical allowance established tracks with the actual subsequent loan write-offs and recoveries. The Company is aware that as conditions change, it may also need to make additional allowances in future periods.
	Included in loans receivable are unpaid principal, interest and fee balances of payday, installment, pawn and title loans that have not reached their maturity date, and “late” payday loans that have reached maturity within the last 180 days and have remaining outstanding balances.  Late payday loans generally are unpaid loans where a customer’s personal check has been deposited and the check has been returned due to non-sufficient funds in the customer’s account, a closed account, or other reasons.   Loans are carried at cost plus accrued interest or fees less payments made and the loans receivable allowance.  The Company does not specifically reserve for any individual loan.  The Company aggregates loan types for purposes of estimating the loss allowance using a methodology that analyzes historical portfolio statistics and management’s judgment regarding recent trends noted in the portfolio.  This methodology takes into account several factors, including the maturity of the store location and charge-off and recovery rates.  The Company utilizes a software program to assist with the tracking of its historical portfolio statistics.   All returned items are charged-off after 180 days, as collections after that date have not been significant.  The loans receivable allowance is reviewed monthly and any adjustment to the loan loss allowance as a result of historical loan performance, current and expected collection patterns and current economic trends is recorded.
Combination Reverse Split of Common Stock [Policy Text Block]	'
	Combination (Reverse Split) of Common Stock
	On May 30, 2014, the Company’s Board of Directors approved a 1-to-20 reverse stock split. The reverse stock split became effective on June 20, 2014. The reverse stock split reduced the number of issued and outstanding shares of common stock to 3,010,765 shares. The reverse stock split similarly reduced by a factor of 20 the authorized number of shares of capital stock that the Company may issue to 12,500,000. The accompanying financial statements and footnotes have been adjusted retroactively to reflect the reverse stock split.
Earnings Per Share, Policy [Policy Text Block]	'
	Net Income Per Common Share
	Basic net income per common share is computed by dividing the income available to common shareholders by the weighted-average number of common shares outstanding for the period. There were no dilutive securities at September 30, 2014 and 2013.
Segment Reporting, Policy [Policy Text Block]	'
	Segment Reporting
	The Company has grouped its operations into two segments – Consumer Finance division and Cellular Retail division. The Consumer Finance division provides financial and ancillary services and also sells used merchandise at retail pawn stores. The Cellular Retail division is an authorized Cricket premier dealer selling cellular phones and accessories, providing ancillary services and accepting service payments from customers.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain Statement of Income reclassifications have been made in the presentation of our prior financial statements and accompanying notes to conform to the presentation as of and for the nine months ended September 30, 2014.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) jointly issued a comprehensive new revenue recognition standard that will supersede nearly all existing revenue recognition guidance under US GAAP and IFRS. This converged standard is effective for annual and interim periods beginning after December 15, 2016. The Company is currently assessing the potential effects on our financial condition and results of operations.
	No new accounting pronouncement issued or effective during the fiscal quarter has had or is expected to have a material impact on the condensed consolidated financial statements.

Risks_Inherent_in_the_Operatin1

Risks Inherent in the Operating Environment (Tables)	9 Months Ended
	Sep. 30, 2014
Risks and Uncertainties [Abstract]	'
Disclosure of Significant Revenue, Percentages by State by Division [Table Text Block]	'
	For the nine months ended September 30, 2014 and 2013, the Company had significant revenues by state (shown as a percentage of the applicable division’s revenue when over 10%) as follows:
	Consumer Finance Division							Cellular Retail Division
		2014			2013				2014			2013
	Nebraska		30	%		28	%	Nebraska		28	%		27	%
	North Dakota		18	%		19	%	Colorado		19	%		*	%
	Wyoming		14	%		15	%	Texas		*	%		12	%
	Iowa		14	%		12	%
	* Less than 10%

Loans_Receivable_Tables

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
	At September 30, 2014 and December 31, 2013 our outstanding loans receivable aging was as follows:
	September 30, 2014
		Payday		Installment		Pawn & Title		Total
	Current	$	4,154,816	$	328,789	$	318,774	$	4,802,379
	30-Jan		301,329		51,136		-		352,465
	31-60		238,424		27,765		-		266,189
	61-90		232,434		13,679		-		246,113
	91-120		192,644		6,654		-		199,298
	121-150		183,369		2,914		-		186,283
	151-180		139,352		7,020		-		146,372
			5,442,368		437,957		318,774		6,199,099
	Allowance for losses		-1,048,000		-57,000		-		-1,105,000
		$	4,394,368	$	380,957	$	318,774	$	5,094,099
	December 31, 2013
		Payday		Installment		Pawn & Title		Total
	Current	$	4,519,839	$	408,782	$	288,788	$	5,217,409
	30-Jan		271,967		56,807		-		328,774
	31-60		202,097		31,212		-		233,309
	61-90		217,154		17,285		-		234,439
	91-120		206,885		8,660		-		215,545
	121-150		199,253		2,846		-		202,099
	151-180		218,802		2,825		-		221,627
			5,835,997		528,417		288,788		6,653,202
	Allowance for losses		-1,120,000		-95,000		-		-1,215,000
		$	4,715,997	$	433,417	$	288,788	$	5,438,202

Loans_Receivable_Allowance_Tab

Loans Receivable Allowance (Tables)	9 Months Ended
	Sep. 30, 2014
Provision for Loan and Lease Losses [Abstract]	'
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]	'
	A rollforward of the Company’s loans receivable allowance for the nine months ended September 30, 2014 and 2013 is as follows:
		Nine Months Ended
		September 30,
		2014		2013
	Loans receivable allowance, beginning of period	$	1,215,000	$	1,191,000
	Provision for loan losses charged to expense		1,268,330		1,320,546
	Charge-offs, net		-1,378,330		-1,384,546
	Loans receivable allowance, end of period	$	1,105,000	$	1,127,000

Notes_Payable_Long_Term_Tables

Notes Payable - Long Term (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
	The Company’s long-term debt is as follows:
		September 30, 2014		December 31, 2013
	Note payable (with a credit limit of $3,000,000) to River City Equity, Inc., a related party, with interest payable monthly at 12%, due June 30, 2015, and upon certain events  can be collateralized by substantially all assets of WCR.	$	2,000,000	$	2,750,000
	Total		2,000,000		2,750,000
	Less current maturities		-2,000,000		-2,750,000
		$	-	$	-

Other_Expense_Tables

Other Expense (Tables)	9 Months Ended
	Sep. 30, 2014
Other Expense [Abstract]	'
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]	'
	A breakout of other expense is as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Store expenses
	Bank fees	$	114,389	$	109,892	$	334,067	$	316,208
	Collection costs		102,653		118,510		324,636		356,425
	Repairs & maintenance		59,344		81,056		258,803		194,470
	Supplies		144,572		208,665		455,986		371,426
	Telephone		48,387		46,353		151,620		125,468
	Utilities and network lines		230,969		207,372		694,977		585,422
	Other		503,822		369,766		1,319,145		954,312
		$	1,204,136	$	1,141,614	$	3,539,234	$	2,903,731
	General & administrative expenses
	Professional fees	$	46,799	$	71,494	$	259,791	$	262,855
	Management and consulting fees		126,163		111,826		364,148		331,335
	Other		203,991		74,992		484,742		204,469
		$	376,953	$	258,312	$	1,108,681	$	798,659

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	Segment information related to the three and nine months ended September 30, 2014 and 2013 is set forth below:
		Three Months Ended						Three Months Ended
		September 30, 2014						September 30, 2013
		Consumer Finance		Cellular Retail		Total		Consumer Finance		Cellular Retail		Total
	Revenues from external customers	$	3,366,283	$	6,192,461	$	9,558,744	$	3,287,935	$	5,308,335	$	8,596,270
	Net income	$	298,819	$	266,497	$	565,316	$	350,768	$	41,811	$	392,579
		Nine Months Ended						Nine Months Ended
		September 30, 2014						September 30, 2013
		Consumer Finance		Cellular Retail		Total		Consumer Finance		Cellular Retail		Total
	Revenues from external customers	$	9,505,855	$	17,305,446	$	26,811,301	$	9,269,693	$	14,513,769	$	23,783,462
	Net income	$	938,200	$	198,391	$	1,136,591	$	1,038,856	$	181,176	$	1,220,032
	Total segment assets	$	16,748,834	$	8,624,686	$	25,373,520	$	15,694,275	$	8,243,296	$	23,937,571

Basis_of_Presentation_Nature_o2

Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies (Details Textual) (USD $)	1 Months Ended	9 Months Ended
	30-May-14	Sep. 30, 2014	Dec. 31, 2013
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Approximate Cashing Fees Percentage	'	2.50%	'
Common Stock, Shares, Outstanding	3,010,765	3,010,765	3,010,765
Stockholders' Equity, Reverse Stock Split	'1-to-20	'	'
Common Stock, Shares Authorized	12,500,000	12,500,000	12,500,000
Common Stock, Shares, Issued	3,010,765	3,010,765	3,010,765
Payday Loans [Member] | Minimum [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Short Term Loan Typical Amount Range	'	100	'
Short Term Loans Fee, Range Dollars 100 Borrowed	'	15	'
Payday Loans [Member] | Maximum [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Short Term Loan Typical Amount Range	'	500	'
Short Term Loans Fee, Range Dollars 100 Borrowed	'	22	'
Pawn Loans [Member] | Minimum [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Monthly Interest Income Rate	'	17.50%	'
Collateral Estimated Resale Value Percentage	'	30.00%	'
Pawn Loans [Member] | Maximum [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Monthly Interest Income Rate	'	20.00%	'
Collateral Estimated Resale Value Percentage	'	55.00%	'
Payday Stores [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Number of Stores	'	48	'
Payday/Pawn Store [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Number of Stores	'	2	'
Pawn Store [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Number of Stores	'	1	'
Cellular Retail Stores [Member]	'	'	'
Basis of Presentation, Nature of Business and Summary of Significant Accounting Policies [Line Items]	'	'	'
Number of Stores	'	58	'

Risks_Inherent_in_the_Operatin2

Risks Inherent in the Operating Environment (Details) (Geographic Concentration Risk [Member])	9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013
Consumer Finance Division [Member] | Nebraska [Member]	'		'
Concentration Risk [Line Items]	'		'
Consumer Finance Division, Revenues By State, Percentage	30.00%		28.00%
Consumer Finance Division [Member] | North Dakota [Member]	'		'
Concentration Risk [Line Items]	'		'
Consumer Finance Division, Revenues By State, Percentage	18.00%		19.00%
Consumer Finance Division [Member] | Wyoming [Member]	'		'
Concentration Risk [Line Items]	'		'
Consumer Finance Division, Revenues By State, Percentage	14.00%		15.00%
Consumer Finance Division [Member] | Iowa [Member]	'		'
Concentration Risk [Line Items]	'		'
Consumer Finance Division, Revenues By State, Percentage	14.00%		12.00%
Cellular Retail Division [Member] | Nebraska [Member]	'		'
Concentration Risk [Line Items]	'		'
Cellular Retail Division, Revenues By State, Percentage	28.00%		27.00%
Cellular Retail Division [Member] | North Dakota [Member]	'		'
Concentration Risk [Line Items]	'		'
Cellular Retail Division, Revenues By State, Percentage	19.00%		'	[1]
Cellular Retail Division [Member] | Wyoming [Member]	'		'
Concentration Risk [Line Items]	'		'
Cellular Retail Division, Revenues By State, Percentage	'	[1]	12.00%
[1]	Less than 10%

Loans_Receivable_Details

Loans Receivable (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	$6,199,099	$6,653,202	'	'
Allowance for losses	-1,105,000	-1,215,000	-1,127,000	-1,191,000
Outstanding loans receivable, Net	5,094,099	5,438,202	'	'
Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	5,442,368	5,835,997	'	'
Allowance for losses	-1,048,000	-1,120,000	'	'
Outstanding loans receivable, Net	4,394,368	4,715,997	'	'
Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	437,957	528,417	'	'
Allowance for losses	-57,000	-95,000	'	'
Outstanding loans receivable, Net	380,957	433,417	'	'
Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	318,774	288,788	'	'
Allowance for losses	0	0	'	'
Outstanding loans receivable, Net	318,774	288,788	'	'
Current [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	4,802,379	5,217,409	'	'
Current [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	4,154,816	4,519,839	'	'
Current [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	328,789	408,782	'	'
Current [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	318,774	288,788	'	'
Delinquent 1 to 30 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	352,465	328,774	'	'
Delinquent 1 to 30 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	301,329	271,967	'	'
Delinquent 1 to 30 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	51,136	56,807	'	'
Delinquent 1 to 30 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	0	0	'	'
Delinquent 31 to 60 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	266,189	233,309	'	'
Delinquent 31 to 60 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	238,424	202,097	'	'
Delinquent 31 to 60 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	27,765	31,212	'	'
Delinquent 31 to 60 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	0	0	'	'
Delinquent 61 to 90 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	246,113	234,439	'	'
Delinquent 61 to 90 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	232,434	217,154	'	'
Delinquent 61 to 90 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	13,679	17,285	'	'
Delinquent 61 to 90 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	0	0	'	'
Delinquent 91 to 120 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	199,298	215,545	'	'
Delinquent 91 to 120 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	192,644	206,885	'	'
Delinquent 91 to 120 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	6,654	8,660	'	'
Delinquent 91 to 120 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	0	0	'	'
Delinquent 121 to 150 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	186,283	202,099	'	'
Delinquent 121 to 150 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	183,369	199,253	'	'
Delinquent 121 to 150 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	2,914	2,846	'	'
Delinquent 121 to 150 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	0	0	'	'
Delinquent 151 to 180 Days [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	146,372	221,627	'	'
Delinquent 151 to 180 Days [Member] | Payday [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	139,352	218,802	'	'
Delinquent 151 to 180 Days [Member] | Installment [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	7,020	2,825	'	'
Delinquent 151 to 180 Days [Member] | Pawn & Title [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Outstanding loans receivable, Gross	$0	$0	'	'

Loans_Receivable_Allowance_Det

Loans Receivable Allowance (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans receivable allowance, beginning of period	$1,215,000	$1,191,000
Provision for loan losses charged to expense	1,268,330	1,320,546
Charge-offs, net	-1,378,330	-1,384,546
Loans receivable allowance, end of period	$1,105,000	$1,127,000

Loans_Receivable_Allowance_Det1

Loans Receivable Allowance (Details Textual)	Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	42.00%
Delinquent 1 to 30 Days [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	42.00%
Delinquent 31 to 60 Days [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	65.00%
Delinquent 61 to 90 Days [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	83.00%
Delinquent 91 to 120 Days [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	88.00%
Delinquent 121 to 180 Days [Member]	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Percentage of Historical Written Off	91.00%

Notes_Payable_Long_Term_Detail

Notes Payable - Long Term (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Notes Payable	$2,000,000	$2,750,000
Less current maturities	-2,000,000	-2,750,000
Notes Payable, Noncurrent	0	0
Note Payable to River City Equity [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	$2,000,000	$2,750,000

Notes_Payable_Long_Term_Detail1

Notes Payable - Long Term (Details Textual) (Note Payable to River City Equity [Member], USD $)	9 Months Ended
	Sep. 30, 2014
Note Payable to River City Equity [Member]	'
Debt Instrument [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	$3,000,000
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	12.00%
Debt Instrument, Maturity Date	30-Jun-15

Other_Expense_Details

Other Expense (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Store expenses	'	'	'	'
Bank fees	$114,389	$109,892	$334,067	$316,208
Collection costs	102,653	118,510	324,636	356,425
Repairs & maintenance	59,344	81,056	258,803	194,470
Supplies	144,572	208,665	455,986	371,426
Telephone	48,387	46,353	151,620	125,468
Utilities and network lines	230,969	207,372	694,977	585,422
Other	503,822	369,766	1,319,145	954,312
Total Store expenses	1,204,136	1,141,614	3,539,234	2,903,731
General & administrative expenses	'	'	'	'
Professional fees	46,799	71,494	259,791	262,855
Management and consulting fees	126,163	111,826	364,148	331,335
Other	203,991	74,992	484,742	204,469
Total General & administrative expenses	$376,953	$258,312	$1,108,681	$798,659

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenues from external customers	$9,558,744	$8,596,270	$26,811,301	$23,783,462	'
Net income	565,316	392,579	1,136,591	1,220,032	'
Total segment assets	25,373,520	23,937,571	25,373,520	23,937,571	24,439,085
Consumer Finance [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenues from external customers	3,366,283	3,287,935	9,505,855	9,269,693	'
Net income	298,819	350,768	938,200	1,038,856	'
Total segment assets	16,748,834	15,694,275	16,748,834	15,694,275	'
Cellular Retail [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenues from external customers	6,192,461	5,308,335	17,305,446	14,513,769	'
Net income	266,497	41,811	198,391	181,176	'
Total segment assets	$8,624,686	$8,243,296	$8,624,686	$8,243,296	'

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (Subsequent Event [Member], AlphaGraphics Merger Transaction [Member])	9 Months Ended
	Sep. 30, 2014
Subsequent Event [Member] | AlphaGraphics Merger Transaction [Member]	'
Subsequent Event [Line Items]	'
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	2,986,823
Business Acquisition, Equity Interest Issued or Issuable, Description	'49.8%