Cig Wireless (CIGW) Inactive 10-Q15 May 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
Document And Entity Information	Mar. 31, 2014	15-May-14
Document Information [Line Items]	'	'
Entity Registrant Name	'CIG WIRELESS CORP.	'
Entity Central Index Key	'0001432754	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'CIGW	'
Entity Common Stock, Shares Outstanding	'	38,277,198
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current Assets	'	'
Cash and cash equivalents	$1,995,906	$2,529,284
Accounts receivable	241,225	110,756
Accounts receivable due from related parties	193,506	197,407
Prepaid expenses	487,804	420,707
Total current assets	2,918,441	3,258,154
Restricted cash	664,641	789,587
Property, equipment and software, net	59,505,440	57,288,544
Intangible assets, net	14,848,547	14,044,184
Goodwill	554,125	554,125
Long-term prepaid rent	1,014,325	569,872
Deferred rent assets	408,344	369,306
Deferred financing costs, net	341,356	361,528
Total assets	80,255,219	77,235,300
Current Liabilities	'	'
Accounts payable and accrued liabilities	1,327,523	1,848,359
Accounts payable due to related parties	40,524	43,144
Deferred revenue	719,741	685,423
Derivative liability	22,844,041	5,297,724
Current portion of notes payable to related parties	0	150,249
Total current liabilities	24,931,829	8,024,899
Long-term deferred revenue	682,432	513,900
Deferred rent liabilities	721,819	655,050
Asset retirement obligations	1,463,387	1,397,424
Long-term subordinated obligation to related parties	643,536	654,616
Long-term debt, net of unamortized discounts	27,564,233	24,515,624
Total liabilities	56,007,236	35,761,513
Series Redeemable stock	42,687,967	37,555,245
Stockholders' (Deficit) Equity	'	'
Common stock, 100,000,000 shares authorized, $0.00001 par value; 29,451,791 and 21,986,123 issued and outstanding, respectively	295	220
Additional paid-in capital	13,526,589	13,272,057
Accumulated deficit	-41,838,572	-19,812,222
Total CIG Wireless Corp. stockholders' deficit	-28,311,671	-6,539,928
Non-controlling interest	9,871,687	10,458,470
Total stockholders' (deficit) equity	-18,439,984	3,918,542
Total liabilities and stockholders' (deficit) equity	80,255,219	77,235,300
Common Stock [Member]	'	'
Stockholders' (Deficit) Equity	'	'
Total stockholders' (deficit) equity	295	220
Redeemable Common Stock [Member]	'	'
Current Liabilities	'	'
Series Redeemable stock	3,050,250	3,050,250
Series B Convertible Redeemable Preferred Stock [Member]	'	'
Stockholders' (Deficit) Equity	'	'
Series B 6% 2012 convertible redeemable preferred stock, 1,700,000 shares authorized, $0.00001 par value; 1,680,492 shares issued and outstanding, respectively	17	17
Series A-1 Non-Convertible Preferred Stock [Member]	'	'
Current Liabilities	'	'
Series Redeemable stock	29,619,775	26,203,701
Series A-2 redeemable convertible preferred stock [Member]	'	'
Current Liabilities	'	'
Series Redeemable stock	$10,017,942	$8,301,294

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Mar. 31, 2014	Dec. 31, 2013
Preferred stock, shares authorized	100,000,000	100,000,000
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares issued	29,451,791	21,986,123
Common stock, shares outstanding	29,451,791	21,986,123
Series A-1 Non-Convertible Preferred Stock [Member]	'	'
Convertible redeemable stock , shares authorized	1,200,000	1,200,000
Convertible redeemable stock, par value (in dollars per share)	$0.00	$0.00
Convertible redeemable stock, shares issued	466,730	423,330
Convertible redeemable stock, shares outstanding	466,730	423,330
Series A-2 Convertible Preferred Stock [Member]	'	'
Convertible redeemable stock , shares authorized	95,000,000	95,000,000
Convertible redeemable stock, par value (in dollars per share)	$0.00	$0.00
Convertible redeemable stock, shares issued	40,713,684	35,645,626
Convertible redeemable stock, shares outstanding	40,713,684	35,645,626
Series B Convertible Redeemable Preferred Stock [Member]	'	'
Preferred stock, shares authorized	1,700,000	1,700,000
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares issued	1,680,492	1,680,492
Preferred stock, outstanding	1,680,492	1,680,492
Common Stock [Member]	'	'
Convertible redeemable stock, par value (in dollars per share)	$0.00	$0.00
Convertible redeemable stock, shares issued	8,715,000	8,715,000
Convertible redeemable stock, shares outstanding	8,715,000	8,715,000

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	Mar. 31, 2014	Mar. 31, 2013
Operating revenue:	'	'
Rent revenue	$1,473,024	$516,726
Management fees from related parties	10,087	10,087
Service revenue	96,491	10,337
Total operating revenue	1,579,602	537,150
Cost of Operations:	'	'
Site rental	444,277	222,036
Other site-related costs	237,033	210,988
General and administrative expenses	1,837,971	1,793,524
Depreciation, amortization and accretion expense	1,050,315	386,055
Impairment loss	57,032	0
Total operating expenses	3,626,628	2,612,603
Loss from operations	-2,047,026	-2,075,453
Other (expenses) income	'	'
Interest expense	-658,600	-302,940
Interest expense to related parties	-1,168	0
Losses allocated to related party investors	8,993	9,226
Indemnity fees	-925,897	0
Loss on change in fair value of derivatives	-14,702,680	0
Total other expenses	-16,279,352	-293,714
Net loss	-18,326,378	-2,369,167
Losses attributable to non-controlling interest	586,783	574,484
Loss attributable to CIG Wireless Corp.	-17,739,595	-1,794,683
Accretion of preferred stock to redemption values	-1,348,170	0
Preferred stock dividends and Series A-2 adjustment shares	-2,860,711	-34,606
Net loss attributable to common stockholders	($21,948,476)	($1,829,289)
Net loss per share:	'	'
Net loss per share attributable to common stockholders, basic and diluted	($0.71)	($0.09)
Weighted average common shares outstanding, basic and diluted	30,701,123	20,855,431

CONSOLIDATED_STATEMENT_OF_STOC

CONSOLIDATED STATEMENT OF STOCKHOLDERS' (DEFICIT) EQUITY (USD $)	Total	Series B Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Parent [Member]	Non-Controlling Interest [Member]
Balance at Dec. 31, 2013	$3,918,542	$17	$220	$13,272,057	($19,812,222)	($6,539,928)	$10,458,470
Balance (in shares) at Dec. 31, 2013	'	1,680,492	21,986,123	'	'	'	'
Stock-based compensation	254,607	0	75	254,532	0	254,607	0
Stock-based compensation (in shares)	'	0	7,465,668	'	'	'	'
Accretion of preferred stock redemption value	-1,348,170	0	0	0	-1,348,170	-1,348,170	0
Dividends declared on Series B preferred stock	-152,460	0	0	0	-152,460	-152,460	0
Dividends paid in shares on Series A-1 preferred stock and Series A-2 preferred stock adjustment shares	-2,786,125	0	0	0	-2,786,125	-2,786,125	0
Net loss	-18,326,378	0	0	0	-17,739,595	-17,739,595	-586,783
Balance at Mar. 31, 2014	($18,439,984)	$17	$295	$13,526,589	($41,838,572)	($28,311,671)	$9,871,687
Balance (in shares) at Mar. 31, 2014	'	1,680,492	29,451,791	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($18,326,378)	($2,369,167)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation, amortization and accretion expense	1,050,315	386,055
Amortization of deferred financing costs and debt discounts	75,096	44,421
Impairment loss	57,032	0
Indemnity fees paid in Series A-1 and A-2 shares	925,897	0
Write-off of related party receivable and payable	0	157,524
Write-off of issuance costs on long-term subordinated obligations to related parties	0	28,944
Management fees revenue from related parties	-2,087	-2,087
Loss on change in fair value of derivatives	14,702,680	0
Losses allocated to related party investors	-8,993	-9,226
Stock-based compensation	254,607	291,998
Changes in operating assets and liabilities:	'	'
Accounts receivable	-130,469	99,206
Accounts receivable from related parties	-8,000	-8,000
Prepaid expenses	-61,298	-9,340
Deferred rent assets	-39,038	-14,578
Long-term prepaid rent	-444,453	-82,282
Accounts payable and accrued liabilities	-520,922	-193,828
Accounts payable to related parties	0	66,502
Deferred revenue	191,520	-133,876
Deferred rent liabilities	66,769	39,799
Net cash used in operating activities	-2,217,722	-1,707,935
Cash flows from investing activities:	'	'
Cash paid for purchase and construction of fixed assets	-1,362,643	-168,492
Cash paid for acquisitions of businesses	-2,694,383	0
Decrease (increase) in restricted cash	124,946	-6,394
Net cash used in investing activities	-3,932,080	-174,886
Cash flows from financing activities:	'	'
Proceeds from credit facility, net of discounts	2,993,685	0
Proceeds from sale of Series A-1 and A-2 preferred stock, net of issuance costs	2,916,167	0
Common stock sold for cash, net of issuance costs	0	1,352,910
Proceeds from sale of Series B preferred stock, net of issuance costs	0	950,803
Dividends declared on preferred stock	-152,460	0
Payments of debt issuance costs accrued in prior year	0	-231,737
Distributions to related party investors	0	-7,472
Payments on notes payable to related party	-150,249	-200,000
Net advances from related parties	9,281	93,736
Net cash provided by financing activities	5,616,424	1,958,240
Net (decrease) increase in cash	-533,378	75,419
Cash and cash equivalents, at beginning of period	2,529,284	2,356,769
Cash and cash equivalents, at end of period	1,995,906	2,432,188
Supplemental disclosure of cash flow information	'	'
Interest paid	627,045	239,606
Taxes paid	0	0
Acquisitions of businesses	'	'
Fair value of assets acquired, net of cash acquired	2,729,789	0
Less: liabilities assumed	-35,406	0
Net cash paid for acquisition of businesses	2,694,383	0
Noncash investing and financing Activities:	'	'
Asset retirement obligations	12,165	0
Related party receivable used to pay related party convertible note	0	100,000
Accretion of preferred stock redemption value	1,348,170	0
Derivative liability	2,843,637	0
Dividends on Series A-1 preferred stock and Series A-2 preferred stock adjustment shares	$2,786,125	$0

DESCRIPTION_OF_BUSINESS

DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Business Description and Basis of Presentation [Text Block]	'
	1	DESCRIPTION OF BUSINESS

	CIG Wireless Corp. and its subsidiaries (collectively, the “Company”) develops, operates and owns wireless and broadcast communication towers in the United States. The Company’s business consists of leasing antenna space on multi-tenant communication sites to wireless service providers. The Company was incorporated in the state of Nevada in February 2008 and is headquartered in Atlanta, Georgia.

	All of the Company’s operations are located in the United States. The Company participates in the local tower development industry and conducts its operations principally through its subsidiaries.

	The Company has been actively operating its business through its predecessors since 2009 pursuant to the acquisitions of CIG Services, LLC and CIG, LLC in October and December 2011, respectively. Revenues are generally generated through monthly or annual rental payments from tenants, payable under long-term contracts which often contain fixed escalation rates. Similarly, ground lease agreements for the land on which the Company’s towers reside, are payable to the landlords under long-term contracts and have generally fixed escalation rates.

BASIS_OF_PRESENTATION_AND_SUMM

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	2	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation

	The accompanying interim consolidated financial statements for the three months ended March 31, 2014 and 2013 are unaudited. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for financial information have been omitted pursuant to the rules and regulations of Article 10 of Regulation S-X. In the opinion of management, these consolidated financial statements contain all adjustments, consisting of normal recurring adjustments, necessary to state fairly the financial position, results of operations and cash flows for the periods indicated. The year-end consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. Operating results for the three months ended March 31, 2014 are not necessarily indicative of results that may be expected for any other future interim period or for the year ending December 31, 2014. You should read the unaudited consolidated financial statements in conjunction with Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, as well as with the Company’s consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

	Principles of Consolidation

	The consolidated financial statements included herein represent the financial statements of the Company and its wholly-owned and majority-owned subsidiaries for the three months ended March 31, 2014 and 2013. All intercompany transactions and ownership have been eliminated in consolidation.

	Reclassifications

	Certain prior period amounts have been reclassified to conform the presentation for the current period.

	Impairment Loss

	During the three months ended March 31, 2014, the Company recorded an impairment loss related to abandoned or terminated construction projects in the amount of $57 thousand. There was no impairment loss recorded during the three months ended March 31, 2013.

	Recent Accounting Pronouncements

	The Company has reviewed newly issued accounting pronouncements and updates that are effective during the periods reported and in future periods and does not believe that any of the pronouncements will have a material impact on the Company’s financial position, results of operations and cash flows.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
ACQUISITIONS	Mar. 31, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	3	ACQUISITIONS

	ASC 805, “Business Combinations”, requires entities to determine whether an acquisition transaction is a business combination. If the acquisition transaction constitutes a business, then the total purchase price is allocated to the fair value of assets acquired and liabilities assumed based on their fair values at the acquisition date. If the assets acquired do not constitute a business then the acquisition is accounted for as an asset acquisition. Determining whether the transaction is a business acquisition and the allocation process requires an analysis of acquired ground and tenant lease contracts, fixed assets, contractual commitments and legal contingencies, if any, to identify and record the fair value of all assets acquired and liabilities assumed. In valuing acquired assets and assumed liabilities, fair values are based on, but are not limited to: future expected cash flows; estimated asset retirement costs related to the telecommunication towers acquired, current replacement cost for similar capacity for certain fixed assets; market rate assumptions; settlement plans for any litigation and contingencies; and appropriate discount rates and growth rates. Transaction costs related to business acquisitions are expensed.

	During the three months ended March 31, 2014, the Company completed the following acquisitions:

	On January 15, 2014, the Company acquired three communication towers from PTA, FLA, Inc. (“Cleartalk”), a privately held company, for an aggregate cash purchase price of $0.8 million. The Company evaluated the acquisition and determined that the acquisition does not qualify as a business. As such, the acquisition was recorded as an asset acquisition.

	On March 7, 2014, the Company acquired six communication towers from Southern Tower Antenna Rental, L.L.C. (“STAR”), a privately held company, for an aggregate cash purchase price of $2.7 million. The transaction was consummated pursuant to an amendment of an asset purchase agreement entered into on May 17, 2013. The Company evaluated the acquisition and determined that the acquisition qualifies as a business. As such, the acquisition was recorded as a business acquisition.

	The allocation of the purchase price and the estimated fair market values of the assets acquired and liabilities assumed in the STAR acquisition are shown below:

	ACQUIRED ASSETS:
	Current assets		$	5,799
	Communication towers			1,708,990
	Intangible assets			1,015,000
	Total assets acquired			2,729,789

	LIABILITIES ASSUMED:
	Deferred revenue			-11,330
	Accrued liabilities			-86
	Asset retirement obligation			-23,990
	Total liabilities assumed			-35,406
	Net assets acquired		$	2,694,383

	During 2013, the Company completed the following business acquisitions:

	On August 2, 2013, the Company acquired 38 communication towers and 252 work-in-progress sites from Liberty Towers, LLC (“Liberty”), a privately held company, for approximately $25.0 million paid in cash and 8,715,000 shares of the Company’s common stock, $0.00001 par value per share (the “Common Stock”), pursuant to an asset purchase agreement entered into on May 3, 2013. The Company granted Liberty’s investors the right, based on certain conditions, to require the Company to purchase all or any portion of the shares of Common Stock beginning on August 1, 2018, at a per share price equal to the quoted price of the Company’s Common Stock on August 1, 2018 if certain conditions are met, as disclosed in, and pursuant to, the rights agreement entered into between the Company and Liberty’s investors on August 1, 2013. In addition, in December 2013, the Company paid Liberty an additional $0.1 million for construction costs incurred by Liberty during the period from the date of execution of the asset purchase agreement through the closing date of the acquisition.

	During 2013, the Company completed three acquisition transactions with STAR. On August 2, 2013, the Company acquired twenty eight antenna towers for $12.5 million. On September 30, 2013, the Company acquired one additional antenna tower for $0.5 million. On December 17, 2013, the Company acquired fourteen towers for $6.3 million. The transactions were consummated pursuant to an asset purchase agreement entered into on May 17, 2013, as amended.

	On November 1, 2013, the Company acquired one communication tower from Fidelity Towers, Inc., a privately held company, for an aggregate cash price of $0.4 million.

	On November 21, 2013, the Company acquired one communication tower from Cleartalk for an aggregate cash price of $0.3 million.

	The allocation of the purchase price and the estimated fair market values of the assets acquired and liabilities assumed for the acquisitions completed during 2013 are presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

	Unaudited pro forma results of operations data for the three months ended March 31, 2014 and 2013 are shown below as if the Company and the entities described above had been combined on January 1, 2013. The pro forma results include estimates and assumptions which management believes are reasonable. However, pro forma results do not include any anticipated cost savings or other effects of the planned integration of these entities, and are not necessarily indicative of the results that would have occurred if the business combinations had been in effect on the dates indicated, or which may result in the future.

			Unaudited Pro Forma Results of Operations
			Three Months Ended March 31,
			2014		2013
	Revenues		$	1,610,421	$	989,409
	Loss from operations			-2,053,901		-2,309,099
	Net loss		$	-18,371,445	$	-2,990,553

	The Company is satisfied that no material change in value has occurred in these acquisitions since the acquisition dates.

ASSET_RETIREMENT_OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	3 Months Ended
ASSET RETIREMENT OBLIGATIONS	Mar. 31, 2014
Asset Retirement Obligation Disclosure [Abstract]	'
Asset Retirement Obligation Disclosure [Text Block]	'
	4	ASSET RETIREMENT OBLIGATIONS

	The Company has a legal liability to demolish most of its tower assets. The asset retirement obligations represent the estimated liability that the Company will incur to retire its tower assets. The following table displays a reconciliation of the beginning and ending balance and shows the significant changes that have occurred during the three months ending March 31, 2014 and 2013:

			Three Months Ended March 31,
			2014		2013

	Asset retirement obligations, beginning balance		$	1,397,424	$	820,594
	Additions due to acquisition or construction of assets			36,155		-
	Accretion expense			29,808		15,137
	Asset retirement obligations, ending balance		$	1,463,387	$	835,731

LONGTERM_DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Long-term Debt [Text Block]	'
	5	LONG-TERM DEBT

	The table below summarized our long-term debt that is not associated with related parties as of March 31, 2014 and December 31, 2013:

			March 31, 2014		December 31, 2013

	Credit facility, due September 6, 2017		$	28,500,000	$	25,500,000
	Unamortized discount on the credit facility			-935,767		-984,376
	Long-term debt, net of current portion and unamortized discounts		$	27,564,233	$	24,515,624

	Credit Facility

	On September 7, 2012, the Company, through its subsidiary CIG Comp Tower, LLC (“Comp Tower”), entered into a new multi-draw term loan credit facility (the “Credit Facility”) with acquarie Bank Limited (“Macquarie”), as administrative agent for the lenders and as collateral agent. The Credit Facility may be drawn upon by Comp Tower and is secured and guaranteed by all the assets of the Company’s subsidiary CIG Properties, LLC. Comp Tower is a wholly-owned subsidiary of CIG Properties (“CIG Properties”). The obligations of Comp Tower and CIG Properties are secured by first priority pledges of all of the equity interests of Comp Tower and first priority security interests in all tangible and intangible assets of Comp Tower and CIG Properties.

	As of March 31, 2014, the Company had an outstanding balance of $28.5 million under the Credit Facility, bearing interest at 8.5% per annum and the associated unamortized balance of the discounts was $0.9 million, the associated unamortized balance of the deferred financing costs was $0.3 million, and the related effective interest rate as of March 31, 2014 was 10.22%. During the three months ended March 31, 2014, amortization expense related to debt discounts was $55 thousand and amortization expense related to deferred financing costs was $20 thousand. As of the date of the filing of this Report, $3.0 million remains available under the Credit Facility.

	The Credit Facility, which matures on September 6, 2017, does not amortize during its term and the entire outstanding balance including any accrued and unpaid interest is due and payable on the maturity date. Comp Tower has the option to designate the reference rate of interest for each specific borrowing under the Credit Facility as amounts are advanced. Borrowings under the Credit Facility can be drawn either as Adjusted Base Advances (as defined in the Credit Facility) subject to Adjusted Base Rate (as defined in the Credit Facility) interest plus a margin of 6.25%; or as Adjusted Eurodollar Advances (as defined in the Credit Facility) subject to Eurodollar Rate interest plus a margin of 7.25%. The Credit Facility obligations of the Borrower include payments of commitment fees of 2%, administrative agent fees, early termination fees and underutilization fees. The interest and commitment fee are paid monthly.

	The Company has the option to prepay all the draws on the Credit Facility together with all accrued and unpaid interest. In addition, the Credit Facility contains yield protection provisions customary for facilities of this type, protecting the lenders in the event of breakage losses or changes in reserve or capital adequacy requirements applicable to the lenders.

	Under the terms of the Credit Facility, the administrative agent has certain rights of first refusal to provide financing on all tower acquisitions proposed by the Company or its subsidiaries. If the administrative agent declines to provide such financing for any reason, the Company or its subsidiaries other than CIG Properties or its subsidiaries may obtain third party financing to purchase such tower assets.

	The Credit Facility Agreement contains conventional representations and warranties, affirmative covenants, negative covenants, and financial compliance covenants customary for transactions of this type. As of March 31, 2014, the Company was in compliance with all required financial covenants of the Credit Facility. Events of default include failure to pay interest on any loan under the Credit Facility, any material violation of any representation or warranty under the Credit Agreement, failure to observe or perform certain covenants under the Credit Agreement, a change in control of the Borrower, default under any other material indebtedness of the Borrower, bankruptcy and similar proceedings and failure to pay disbursements from advances issued under the Credit Facility, as well as other customary default provisions. Upon an event of default, the applicable interest rate increases by 2% under the Credit Facility and the lenders have the right to accelerate payments under the Credit Facility, or call all obligations due under the Credit Facility under certain circumstances.

RELATEDPARTY_NOTES_PAYABLE

RELATED-PARTY NOTES PAYABLE	3 Months Ended
RELATED-PARTY NOTES PAYABLE	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Debt [Text Block]	'
	6	RELATED-PARTY NOTES PAYABLE

			March 31, 2014		December 31, 2013
	Note payable to related party investors, due January 31, 2014		$	-	$	92,196
	Note payable to related party investors, due January 31, 2014			-		49,872
	Note payable to related party investors, due January 31, 2014			-		8,181
	Total related party notes payable			-		150,249
	Current portion			-		-150,249
	Related party notes payable, net of current portion		$	-	$	-

	During the three months ended March 31, 2014, the Company made payments in the amount of $92,196, $49,872 and $8,181 related to the notes issued in 2012 to the Company’s related-party investors in connection with the restructuring of its long-term subordinated obligations during 2012. As such, the notes payable to the related party investors were fully paid during the three months ended March 31, 2014.

LONGTERM_SUBORDINATED_OBLIGATI

LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES	3 Months Ended
LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Long Term Subordinated Obligations To Related Party [Text Block]	'
		7	LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES

	Between November 2009 and February 2010, the Company, through its wholly-owned subsidiary, Communications Infrastructure Group, LLC (“CIG LLC”), entered into an Atypical Silent Partnership Agreement (the “Partnership Agreement”) with InfraTrust Premium Sieben GmbH & Co. KG (“ITP7”). The Partnership Agreement provided that the laws of Germany applied. Pursuant to this agreement, ITP7 made contributions to the Company for the acquisition of tower assets. These contributions were classified under long-term subordinated debt obligations in the consolidated balance sheets of the Company. The Atypical Silent Partnership Agreement with ITP7 expires on September 30, 2015.

	A summary of the changes in the long-term subordinated obligations to related parties for the three months ended March 31, 2014 and 2013 is as follows:

			Three Months Ended March 31,
			2014		2013
	Balance, beginning of period		$	654,616	$	678,612
	Distributions			-		-7,472
	Management fees			-2,087		-2,087
	Write-off issuance costs			-		28,944
	Losses allocated to related party investors			-8,993		-9,226
	Balance, end of period		$	643,536	$	688,771

	Management fees provided to ITP7 are accounted for against the long-term subordinated obligations and totaled $2,087 in each of the three months ended March 31, 2014 and 2013.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
RELATED PARTY TRANSACTIONS	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	8	RELATED PARTY TRANSACTIONS

	Accounts Receivable from Related Parties

	Accounts receivable due from related parties are presented separately from other accounts receivable in the Company’s consolidated balance sheets. The below table represents the balances receivable from related parties as of March 31, 2014 and December 31, 2013:

			March 31, 2014		December 31, 2013

	BAC Infratrust Acht GmbH & Co. KG (IT8)		$	193,506	$	197,407
	Total		$	193,506	$	197,407

	Accounts Payable to Related Parties

	Accounts payable due to related parties are presented separately from other accounts payable in the Company’s consolidated balance sheets. The below table represents the balances payable to related parties as of March 31, 2014 and December 31, 2013:

			March 31, 2014		December 31, 2013

	BAC Infratrust Sechs GmbH & Co. KG (IT6)		$	19,020	$	21,640
	Berlin Atlantic Capital US, LLC			21,504		21,504
	Total		$	40,524	$	43,144

	Management fees charged to IT8 and IT6 during each of the three months ended March 31, 2014 and 2013 totaled $8,000.

EQUITY

EQUITY	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	9	EQUITY

	Common and Preferred Stock

	During the three months ended March 31, 2014, the Company declared and paid dividends for the period from July 1, 2013 through December 31, 2013 on the Series B Preferred Stock in the amount of approximately $152 thousand which was paid in January 2014. Dividends earned on the Series B Preferred Stock for the three months ended March 31, 2014 totaled $75 thousand and had not been declared and paid as of March 31, 2014.

	Temporary Equity

	On March 7, 2014, the Company issued 30,000 shares of Series A-1 Non-Convertible Redeemable Preferred Stock, par value $0.00001 per share (the “Series A-1 Preferred Stock”) and 3,230,442 shares of Series A-2 Convertible Redeemable Preferred Stock, par value $0.00001 per share (the “Series A-2 Preferred Stock”) to Fir Tree Capital Opportunity (LN) Master Fund, L.P. (“FT-LP”), and Fir Tree REF III Tower LLC (“FT-LLC”, and together with FT-LP, the “Fir Tree Investors”) for an aggregate purchase price of $3.0 million in cash proceeds which were used primarily to fund the six communication towers acquired on March 7, 2014 from STAR (see Note 3). The Company also issued to the Fir Tree Investors on March 7, 2014, for the purpose of correcting certain computational errors in calculations for certain prior issuances of Series A-2 Preferred Stock to the Fir Tree Investors, 394,276 additional shares of Series A-2 Preferred Stock. The fair value of these 394,276 corrective shares was determined to be $0.5 million and was treated as a dividend on the preferred stock. In addition, on March 7, 2014, the Company issued to the Fir Tree Investors 3,900 shares of Series A-1 Preferred Stock and 402,596 shares of Series A-2 Preferred Stock to settle an indemnification claim made by the Fir Tree Investors pursuant to the Securities Purchase Agreement, dated as of August 1, 2013 (the “Securities Purchase Agreement”) among the Company and the Fir Tree Investors. The fair value of these indemnification shares was determined to be $0.9 million and was expensed during the three months ended March 31, 2014.

	On March 31, 2014, the Company issued to the Fir Tree Investors in lieu of cash dividends 9,499.06 shares of Series A-1 Preferred Stock. In connection with this issuance, the Company issued 1,040,744 adjustment shares of Series A-2 Preferred stock to the Fir Tree Investors. The Company recorded the fair value of the 9,499.06 shares of Series A-1 Preferred Stock and 1,040,744 adjustment shares of Series A-2 Preferred Stock as preferred stock dividends at $1.0 million and $1.3 million, respectively.

	The Company analyzed the terms of the Series A-1 Preferred Stock under ASC 480 to determine whether it should be accounted for as a liability and determined that it does not qualify as a liability. The Series A-1 Preferred Stock is non-convertible and is redeemable at the holders’ option after five years or earlier upon the occurrence of an event of default. The Company determined, in accordance with ASC 480-S99-3A, that the Series A-1 Preferred Stock is required to be presented outside of permanent equity.

	The Company analyzed the terms of the Series A-2 Preferred Stock under ASC 480 to determine whether it should be accounted for as a liability and determined that it does not qualify as a liability. The Series A-2 Preferred Stock is convertible at the holders’ option at any time and is redeemable at the holders’ option after five years or earlier upon the occurrence of a liquidation event. The Company determined, in accordance with ASC 480-S99-3A, that the Series A-2 Preferred Stock is required to be presented outside of permanent equity. The Company also analyzed the terms of the conversion feature of the Series A-2 Preferred Stock under ASC 815 and determined that it qualifies as a derivative liability that should be bifurcated and accounted for separately from the Series A-2 Preferred Stock (see Note 10).

	The Company evaluated the redemption values of the Series A-1 Preferred Stock and Series A-2 Preferred Stock and determined that the carrying values of the Series A-1 and Series A-2 should be accreted to their redemption values over the period of five years using the interest method as the Series A-1 Preferred Stock and Series A-2 Preferred Stock will become redeemable at the option of the investors after five years from issuance. As a result, the Company recognized accretion of $1.3 million in its consolidated statements of operations for the three months ended March 31, 2014. At March 31, 2014, the Company calculated the future redemption values of the Series A-1 and Series A-2 Preferred Stock to be $46.7 million and $38.9 million, respectively.

	The table below represents the changes in the carrying value of the Series A-1 Preferred Stock and the Series A-2 Preferred Stock for the three months ended March 31, 2014:

			Series A-1		Series A-2
			Preferred Stock		Preferred Stock
	Carrying value, December 31, 2013		$	26,203,701	$	8,301,294
	Issuances at fair value, net of issuance costs			2,726,311		3,901,878
	Bifurcation of derivative liability			-		-2,843,637
	Accretion of preferred stock redemption			689,763		658,407
	Carrying value, March 31, 2014		$	29,619,775	$	10,017,942

	As part of the consideration of the purchase price of the Liberty acquisition during 2013, the Company issued 8,715,000 shares of Common Stock to Liberty’s investors and recorded the shares of Common Stock at their fair value of $3.0 million. The shares of Common Stock contain a put option whereby the Company could be required to purchase the shares if certain conditions are met as disclosed in the rights agreement entered into with Liberty’s investors on August 1, 2013. As a result, the shares of Common Stock are classified outside of permanent equity in accordance with ASC 480-S99-3A.

	Stock-Based Compensation

	Stock-based compensation to employees is measured based on the fair value of the award on the date of the grant, and is recognized as an expense over the employee’s requisite service period in accordance with ASC 718 – “Compensation-Stock Compensation.” Stock based compensation to non-employees is accounted for in accordance with ASC 505-50 - “Equity-Based Payments to Non-Employees.”

	As of March 31, 2014 and December 31, 2013, the Company had no outstanding stock options.

	On January 29, 2014, the Company’s Compensation Committee adopted the 2014 Equity Incentive Plan.(the “2014 Plan”).On February 14, 2014, this Plan was amended to provide for awards of up to an aggregate of 20,000,000 shares of restricted Common Stock. The 2014 Plan is intended to further the growth and profitability of the Company by increasing incentives and encouraging share ownership on the part of the employees, members of the Board, and independent contractors of the Company and its subsidiaries.

	On February 27, 2014, the Company issued 7,080,255 shares of restricted stock (“Restricted Stock”) under the 2014 Plan to certain officers, directors and employees of the Company, subject to vesting, forfeiture and voting restrictions.

	In order for shares of Restricted Stock to vest, participants must satisfy the Continuing Service Conditions (as defined below) and a Realization Event or a Partial Realization Event (as such terms are defined in the 2014 Plan) occurs on or prior to December 31, 2020, subject to those limitations set forth in each participant’s award agreement. A participant will satisfy the continuing service conditions (the “Continuing Service Conditions”) with respect to 20% of the shares of Restricted Stock on the first six-month anniversary of the grant date, and on each of the four annual anniversaries of the grant date thereafter; provided that the participant remains in continuous employment with the Company or one of its affiliates through each applicable anniversary date. If a Realization Event occurs and the participant remains in continuous employment with the Company or its affiliates through the date of consummation of such Realization Event, the Continuing Service Conditions shall immediately be satisfied with respect to all of the participant’s then outstanding shares of Restricted Stock.

	The holders of the Restricted Stock have the right to receive additional shares of Restricted Stock in connection with future issuances of Series A-2 Preferred Stock to the Fir Tree Investors (the “Anti-Dilution Rights”). In connection with the Anti-Dilution Rights, the Company issued to the holders of the Restricted Stock an additional 385,413 shares of Restricted Stock on March 31, 2014 and an additional 110,407 shares of Restricted Stock subsequent to the period covered by this Report.

	The grant date fair value of the Restricted Stock issued during the three months ended March 31, 2014 was determined to be $11.7 million. Stock-based compensation expense recognized under these awards for the three months ended March 31 2014 was $0.3 million. Unrecognized compensation expense associated with these awards as of March 31, 2014 is approximately $11.5 million and is expected to be recognized through February 2018. At March 31, 2014, no shares of Restricted Stock have been forfeited. The table below represents the activity of Restricted Stock during the three months ended March 31, 2014:

			Number of Shares of
			Restricted Stock
	Outstanding at December 31, 2013			-
	Granted			7,465,668
	Forfeited			-
	Outstanding at March 31, 2014			7,465,668

DERIVATIVE_LIABILITY

DERIVATIVE LIABILITY	3 Months Ended
DERIVATIVE LIABILITY	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Derivatives and Fair Value [Text Block]	'
	10	DERIVATIVE LIABILITY

	As discussed in Note 9, the Company analyzed the embedded conversion feature of the Series A-2 Preferred Stock and determined that it qualified as a derivative liability and is required to be bifurcated and accounted for as such since the host and the embedded instrument are not clearly and closely related. The Company performed a valuation of the conversion feature. In performing the valuation, the Company applied the guidance in ASC 820, “Fair Value Measurements”, to nonfinancial assets and liabilities that are recognized or disclosed at fair value on a nonrecurring basis. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (e.g., the purchase price on the closing date). To measure fair value, the Company incorporates assumptions that market participants would use in pricing the asset or liability, and utilizes market data to the maximum extent possible.

	As a basis for considering market participant assumptions in fair value measurements, ASC 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value as follows:

		-	Level 1 – Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access;
		-
		-	Level 2 – Inputs, other than the quoted market prices included in Level 1, which are observable for the asset or liability, either directly or indirectly; and
		-
		-	Level 3 – Unobservable inputs for the asset or liability, which are typically based on an entity’s own assumptions, as there is little, if any, related market data available.

	In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.

	The Company considered the inputs in this valuation to be level 3 in the fair value hierarchy under ASC 820 and used an equity simulation model to determine the value of conversion feature of the Series A-2 Preferred Stock based on the assumptions below:

				March 31, 2014			December 31, 2013
	Annual volatility rate			57.5	%		80	%
	Risk free rate			0.8	%		0.78	%
	Holding period			2.75 years			3.00 years
	Fair value of common stock			$1.22 per share			$0.35 per share

	Prior to January 1, 2014, an active market for the Company’s common stock did not exist. Accordingly, the fair value of the Company’s common stock prior to January 1, 2014 was estimated using a valuation model with level 3 inputs. During the three months ended March 31, 2014, due to significant increases in the trading activity and volume for the Company’s common stock, the Company determined that an active market existed. During the three months ended March 31, 2014, the fair value of the Company’s common stock was estimated to be the quoted trading price on the date of measurement, a level 1 input.

	The below table represents the change in the fair value of the derivative liability during the three months ended March 31, 2014:

	Fair value of derivative, December 31, 2013		$	5,297,724
	Additions at fair value			2,843,637
	Loss on change in fair value of derivative			14,702,680
	Fair value of derivative, March 31, 2014		$	22,844,041

	The Company recorded a loss of $14.7 million in its consolidated statements of operations for the three months ended March 31, 2014 under loss on change in fair value of derivative.

	The following table sets forth, by level with the fair value hierarchy, the Company’s assets and liabilities measured at fair value as of March 31, 2014 and December 31, 2013:

			Level 1			Level 2			Level 3		Total
	March 31, 2014:
	Derivative liability		$	-		$	-		$	22,844,041	$	22,844,041

	December 31, 2013:
	Derivative liability		$	-		$	-		$	5,297,724	$	5,297,724

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	11	COMMITMENTS AND CONTINGENCIES

	On August 1, 2013, the Company and the Fir Tree Investors entered into a registration rights agreement (the “Registration Rights Agreement”). The Company has agreed, upon the demand of the Fir Tree Investors, to prepare and file a Registration Statement on Form S-3 (or such other form as available if Form S-3 is not available) covering the resale of the shares of Common Stock issued or issuable to the Fir Tree Investors upon conversion of the Series A-2 Preferred Stock. If the Registration Statement is not filed with the Securities and Exchange Commission (the “SEC”) 30 days following a demand for registration or is not declared effective by the SEC within 60 days after filing (subject to certain exceptions) or the Company is otherwise in breach of the Registration Rights Agreement, the Company shall be subject to liquidated damages payable to the Fir Tree Investors in the amount of 1.5% of the aggregate purchase price paid by the Fir Tree Investors pursuant to the Securities Purchase Agreement. On August 1, 2013, the Company and the Fir Tree Investors entered into a stand down agreement (the “Stand Down Agreement”) whereby the Fir Tree Investors agreed that they will not during 2014 sell, grant dispose or transfer any shares of Common Stock. The Company has not been able to complete an audit of the financial statements for the STAR acquisitions completed during 2013. The Company’s inability to file audited financial statements may prevent the Company from filing a Registration Statement with the SEC for a period of two fiscal years following the acquisition date. As a result of the limitations set forth in the Stand Down Agreement, the Company currently believes that it is unlikely the Fir Tree Investors will exercise their registration rights during any period in which the Company may not be able to have a Registration Statement declared effective by the SEC due to the lack of audited STAR financial statements. However, there is nonetheless a risk that the Fir Tree Investors could exercise their registration rights pursuant to early termination of the Stand Down Agreement which could then require the Company to pay the liquidated damages if a Registration Statement cannot be declared effective.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	12	SUBSEQUENT EVENTS

	Subsequent to March 31, 2014 and through the date of issuance of this Report, the Company completed the acquisitions of an aggregate of seven communication towers from PTA, FLA, Inc. (Cleartalk) for a cash price of $2.5 million.

	Subsequent to March 31, 2014 and through the date of issuance of this Report, the Company borrowed an aggregate of $3.5 million under the Credit Facility (see Note 6).

	Subsequent to March 31, 2014 and through the date of issuance of this Report, the Company issued an aggregate of 110,407 shares of Restricted Stock to various directors and employees under the 2014 Plan (see Note 9).

BASIS_OF_PRESENTATION_AND_SUMM1

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation

	The accompanying interim consolidated financial statements for the three months ended March 31, 2014 and 2013 are unaudited. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for financial information have been omitted pursuant to the rules and regulations of Article 10 of Regulation S-X. In the opinion of management, these consolidated financial statements contain all adjustments, consisting of normal recurring adjustments, necessary to state fairly the financial position, results of operations and cash flows for the periods indicated. The year-end consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. Operating results for the three months ended March 31, 2014 are not necessarily indicative of results that may be expected for any other future interim period or for the year ending December 31, 2014. You should read the unaudited consolidated financial statements in conjunction with Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, as well as with the Company’s consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

Consolidation, Policy [Policy Text Block]	'
	Principles of Consolidation

	The consolidated financial statements included herein represent the financial statements of the Company and its wholly-owned and majority-owned subsidiaries for the three months ended March 31, 2014 and 2013. All intercompany transactions and ownership have been eliminated in consolidation.

Reclassification, Policy [Policy Text Block]	'
	Reclassifications

	Certain prior period amounts have been reclassified to conform the presentation for the current period.

Inventory Impairment, Policy [Policy Text Block]	'
	Impairment Loss

	During the three months ended March 31, 2014, the Company recorded an impairment loss related to abandoned or terminated construction projects in the amount of $57 thousand. There was no impairment loss recorded during the three months ended March 31, 2013.

New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements

	The Company has reviewed newly issued accounting pronouncements and updates that are effective during the periods reported and in future periods and does not believe that any of the pronouncements will have a material impact on the Company’s financial position, results of operations and cash flows.

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	3 Months Ended
ACQUISITIONS (Tables)	Mar. 31, 2014
Business Acquisition, Pro Forma Information [Table Text Block]	'
	Unaudited pro forma results of operations data for the three months ended March 31, 2014 and 2013 are shown below as if the Company and the entities described above had been combined on January 1, 2013. The pro forma results include estimates and assumptions which management believes are reasonable. However, pro forma results do not include any anticipated cost savings or other effects of the planned integration of these entities, and are not necessarily indicative of the results that would have occurred if the business combinations had been in effect on the dates indicated, or which may result in the future.

		Unaudited Pro Forma Results of Operations
		Three Months Ended March 31,
		2014		2013
	Revenues	$	1,610,421	$	989,409
	Loss from operations		-2,053,901		-2,309,099
	Net loss	$	-18,371,445	$	-2,990,553

Southern Tower Antenna Rental, LLC [Member]	'
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	'
	The allocation of the purchase price and the estimated fair market values of the assets acquired and liabilities assumed in the STAR acquisition are shown below:

	ACQUIRED ASSETS:
	Current assets	$	5,799
	Communication towers		1,708,990
	Intangible assets		1,015,000
	Total assets acquired		2,729,789

	LIABILITIES ASSUMED:
	Deferred revenue		-11,330
	Accrued liabilities		-86
	Asset retirement obligation		-23,990
	Total liabilities assumed		-35,406
	Net assets acquired	$	2,694,383

ASSET_RETIREMENT_OBLIGATIONS_T

ASSET RETIREMENT OBLIGATIONS (Tables)	3 Months Ended
ASSET RETIREMENT OBLIGATIONS (Tables)	Mar. 31, 2014
Asset Retirement Obligation Disclosure [Abstract]	'
Schedule of Asset Retirement Obligations [Table Text Block]	'
	The following table displays a reconciliation of the beginning and ending balance and shows the significant changes that have occurred during the three months ending March 31, 2014 and 2013:

		Three Months Ended March 31,
		2014		2013

	Asset retirement obligations, beginning balance	$	1,397,424	$	820,594
	Additions due to acquisition or construction of assets		36,155		-
	Accretion expense		29,808		15,137
	Asset retirement obligations, ending balance	$	1,463,387	$	835,731

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	3 Months Ended
LONG-TERM DEBT (Tables)	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
	The table below summarized our long-term debt that is not associated with related parties as of March 31, 2014 and December 31, 2013:

		March 31, 2014		December 31, 2013

	Credit facility, due September 6, 2017	$	28,500,000	$	25,500,000
	Unamortized discount on the credit facility		-935,767		-984,376
	Long-term debt, net of current portion and unamortized discounts	$	27,564,233	$	24,515,624

RELATEDPARTY_NOTES_PAYABLE_Tab

RELATED-PARTY NOTES PAYABLE (Tables)	3 Months Ended
RELATED-PARTY NOTES PAYABLE (Tables)	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions [Table Text Block]	'
		March 31, 2014		December 31, 2013
	Note payable to related party investors, due January 31, 2014	$	-	$	92,196
	Note payable to related party investors, due January 31, 2014		-		49,872
	Note payable to related party investors, due January 31, 2014		-		8,181
	Total related party notes payable		-		150,249
	Current portion		-		-150,249
	Related party notes payable, net of current portion	$	-	$	-

LONGTERM_SUBORDINATED_OBLIGATI1

LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Subordinated Borrowing [Table Text Block]	'
	A summary of the changes in the long-term subordinated obligations to related parties for the three months ended March 31, 2014 and 2013 is as follows:

		Three Months Ended March 31,
		2014		2013
	Balance, beginning of period	$	654,616	$	678,612
	Distributions		-		-7,472
	Management fees		-2,087		-2,087
	Write-off issuance costs		-		28,944
	Losses allocated to related party investors		-8,993		-9,226
	Balance, end of period	$	643,536	$	688,771

RELATED_PARTY_TRANSACTIONS_Tab

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule Of Accounts Receivable Related Party [Table Text Block]	'
	The below table represents the balances receivable from related parties as of March 31, 2014 and December 31, 2013:

		March 31, 2014		December 31, 2013

	BAC Infratrust Acht GmbH & Co. KG (IT8)	$	193,506	$	197,407
	Total	$	193,506	$	197,407

Schedule Of Accounts Payable Related Party [Table Text Block]	'
	The below table represents the balances payable to related parties as of March 31, 2014 and December 31, 2013:

		March 31, 2014		December 31, 2013

	BAC Infratrust Sechs GmbH & Co. KG (IT6)	$	19,020	$	21,640
	Berlin Atlantic Capital US, LLC		21,504		21,504
	Total	$	40,524	$	43,144

EQUITY_Tables

EQUITY (Tables)	3 Months Ended
EQUITY (Tables)	Mar. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]	'
Schedule Of Changes In Carrying Value Of Preferred Stock [Table Text Block]	'
	The table below represents the changes in the carrying value of the Series A-1 Preferred Stock and the Series A-2 Preferred Stock for the three months ended March 31, 2014:

		Series A-1		Series A-2
		Preferred Stock		Preferred Stock
	Carrying value, December 31, 2013	$	26,203,701	$	8,301,294
	Issuances at fair value, net of issuance costs		2,726,311		3,901,878
	Bifurcation of derivative liability		-		-2,843,637
	Accretion of preferred stock redemption		689,763		658,407
	Carrying value, March 31, 2014	$	29,619,775	$	10,017,942

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
	The table below represents the activity of Restricted Stock during the three months ended March 31, 2014:

		Number of Shares of
		Restricted Stock
	Outstanding at December 31, 2013		-
	Granted		7,465,668
	Forfeited		-
	Outstanding at March 31, 2014		7,465,668

DERIVATIVE_LIABILITY_Tables

DERIVATIVE LIABILITY (Tables)	3 Months Ended
DERIVATIVE LIABILITY (Tables)	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	'
	The Company considered the inputs in this valuation to be level 3 in the fair value hierarchy under ASC 820 and used an equity simulation model to determine the value of conversion feature of the Series A-2 Preferred Stock based on the assumptions below:

			March 31, 2014			December 31, 2013
	Annual volatility rate		57.5	%		80	%
	Risk free rate		0.8	%		0.78	%
	Holding period		2.75 years			3.00 years
	Fair value of common stock		$1.22 per share			$0.35 per share

Schedule of Derivative Liabilities at Fair Value [Table Text Block]	'
	The below table represents the change in the fair value of the derivative liability during the three months ended March 31, 2014:

	Fair value of derivative, December 31, 2013	$	5,297,724
	Additions at fair value		2,843,637
	Loss on change in fair value of derivative		14,702,680
	Fair value of derivative, March 31, 2014	$	22,844,041

Schedule Of Fair Value Hierarchy And Liabilities [Table Text Block]	'
	The following table sets forth, by level with the fair value hierarchy, the Company’s assets and liabilities measured at fair value as of March 31, 2014 and December 31, 2013:

		Level 1			Level 2			Level 3		Total
	March 31, 2014:
	Derivative liability	$	-		$	-		$	22,844,041	$	22,844,041

	December 31, 2013:
	Derivative liability	$	-		$	-		$	5,297,724	$	5,297,724

BASIS_OF_PRESENTATION_AND_SUMM2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Asset Impairment Charges	$57,032	$0

ACQUISITIONS_Details

ACQUISITIONS (Details) (Southern Tower Antenna Rental, LLC [Member], USD $)	Mar. 31, 2014
Southern Tower Antenna Rental, LLC [Member]	'
ACQUIRED ASSETS:	'
Current assets	$5,799
Communication towers	1,708,990
Intangible assets	1,015,000
Total assets acquired	2,729,789
LIABILITIES ASSUMED:	'
Deferred revenue	-11,330
Accrued liabilities	-86
Asset retirement obligation	-23,990
Total liabilities assumed	-35,406
Net assets acquired	$2,694,383

ACQUISITIONS_Details_1

ACQUISITIONS (Details 1) (USD $)	3 Months Ended
ACQUISITIONS (Details 1) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Revenues	$1,610,421	$989,409
Loss from operations	-2,053,901	-2,309,099
Net loss	($18,371,445)	($2,990,553)

ACQUISITIONS_Details_Textual

ACQUISITIONS (Details Textual) (USD $)

3 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

2 Months Ended

1 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Nov. 21, 2013

Jan. 31, 2014

Dec. 31, 2013

Aug. 31, 2013

Aug. 02, 2013

Mar. 31, 2014

Dec. 31, 2013

Aug. 31, 2013

Sep. 30, 2013

Nov. 30, 2013

PTA-FLA, Inc. (Cleartalk) [Member]

Liberty Towers, LLC [Member]

Southern Tower Antenna Rental, LLC [Member]

Fidelity Towers, Inc. [Member]

Business Combination, Consideration Transferred, Total

$300,000

$100,000

$25,000,000

$2,700,000

$6,300,000

$12,500,000

$500,000

$400,000

Business Acquisition, Equity Interest Issued or Issuable, Number of Shares

8,715,000

Payments To Acquire Property Plant And Equipment

$1,362,643

$168,492

$800,000

Common Stock, Par or Stated Value Per Share

$0.00

ASSET_RETIREMENT_OBLIGATIONS_D

ASSET RETIREMENT OBLIGATIONS (Details) (USD $)	3 Months Ended
ASSET RETIREMENT OBLIGATIONS (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Asset retirement obligations, beginning balance	$1,397,424	$820,594
Additions due to acquisition or construction of assets	36,155	0
Accretion expense	29,808	15,137
Asset retirement obligations, ending balance	$1,463,387	$835,731

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Unamortized discount on the credit facility	($900,000)	'
Long-term debt, net of current portion and unamortized discounts	27,564,233	24,515,624
Line of Credit [Member]	'	'
Debt Instrument [Line Items]	'	'
Total third-party debt	28,500,000	25,500,000
Unamortized discount on the credit facility	-935,767	-984,376
Long-term debt, net of current portion and unamortized discounts	$27,564,233	$24,515,624

LONGTERM_DEBT_Details_Textual

LONG-TERM DEBT (Details Textual) (USD $)	3 Months Ended
LONG-TERM DEBT (Details Textual) (USD $)	Mar. 31, 2014
Debt Instrument [Line Items]	'
Debt Instrument, Description	'Borrowings under the Credit Facility can be drawn either as Adjusted Base Advances (as defined in the Credit Facility) subject to Adjusted Base Rate (as defined in the Credit Facility) interest plus a margin of 6.25%; or as Adjusted Eurodollar Advances (as defined in the Credit Facility) subject to Eurodollar Rate interest plus a margin of 7.25%. The Credit Facility obligations of the Borrower include payments of commitment fees of 2%, administrative agent fees, early termination fees and underutilization fees.
Line of Credit Facility, Amount Outstanding	$28,500,000
Debt Instrument, Interest Rate, Stated Percentage	8.50%
Unamortized Debt Issuance Expense	300,000
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	10.22%
Line of Credit Facility, Remaining Borrowing Capacity	3,000,000
Debt Instrument, Debt Default, Interest Rate	2.00%
Debt Instrument, Unamortized Discount	900,000
Amortization of Financing Costs	20,000
Amortization of Debt Discount (Premium)	$55,000

RELATEDPARTY_NOTES_PAYABLE_Det

RELATED-PARTY NOTES PAYABLE (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Total related party notes payable	$0	$150,249
Current portion	0	-150,249
Related party notes payable, net of current portion	0	0
Investors, Due January 31, 2014 One [Member]	'	'
Total related party notes payable	0	92,196
Investors, Due January 31, 2014 Two [Member]	'	'
Total related party notes payable	0	49,872
Investors, Due January 31, 2014 Three [Member]	'	'
Total related party notes payable	$0	$8,181

RELATEDPARTY_NOTES_PAYABLE_Det1

RELATED-PARTY NOTES PAYABLE (Details Textual) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Notes Payable, Related Parties, Current	$0	$150,249
First Term Payment [Member]	'	'
Notes Payable, Related Parties, Current	92,196	'
Second Term Payment [Member]	'	'
Notes Payable, Related Parties, Current	49,872	'
Third Term Payment [Member]	'	'
Notes Payable, Related Parties, Current	$8,181	'

LONGTERM_SUBORDINATED_OBLIGATI2

LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES (Details ) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Balance, beginning of period	$654,616	$678,612
Distributions	0	-7,472
Management fees	-2,087	-2,087
Write-off of issuance costs	0	28,944
Losses allocated to related party investors	-8,993	-9,226
Balance, end of period	$643,536	$688,771

LONGTERM_SUBORDINATED_OBLIGATI3

LONG-TERM SUBORDINATED OBLIGATIONS TO RELATED PARTIES (Details Textual) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Management Fees Paid To Related Parties	$2,087	$2,087

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Accounts Receivable from Related Parties [Line Items]	'	'
Accounts receivable due from related parties	$193,506	$197,407
BAC Infratrust Acht GmbH & Co. KG IT8 [Member]	'	'
Accounts Receivable from Related Parties [Line Items]	'	'
Accounts receivable due from related parties	$193,506	$197,407

RELATED_PARTY_TRANSACTIONS_Det1

RELATED PARTY TRANSACTIONS (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Accounts Payable to Related Parties [Line Items]	'	'
Accounts payable due to related parties	$40,524	$43,144
BAC Infratrust Sechs GmbH & Co. KG IT6 [Member]	'	'
Accounts Payable to Related Parties [Line Items]	'	'
Accounts payable due to related parties	19,020	21,640
Berlin Atlantic Capital US, LLC [Member]	'	'
Accounts Payable to Related Parties [Line Items]	'	'
Accounts payable due to related parties	$21,504	$21,504

RELATED_PARTY_TRANSACTIONS_Det2

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	3 Months Ended
RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Payments for Fees	$8,000	$8,000

EQUITY_Details

EQUITY (Details) (USD $)	3 Months Ended
EQUITY (Details) (USD $)	Mar. 31, 2014
Series A-1 Preferred Stock [Member]	'
Carrying value Ending Balance	'
Carrying value Beginning Balance	$26,203,701
Issuances at fair value, net of issuance costs	2,726,311
Bifurcation of derivative liability	0
Accretion of preferred stock redemption	689,763
Carrying value Ending Balance	29,619,775
Series A-2 Preferred Stock [Member]	'
Carrying value Ending Balance	'
Carrying value Beginning Balance	8,301,294
Issuances at fair value, net of issuance costs	3,901,878
Bifurcation of derivative liability	-2,843,637
Accretion of preferred stock redemption	658,407
Carrying value Ending Balance	$10,017,942

EQUITY_Details_1

EQUITY (Details 1) (Restricted Stock [Member])	3 Months Ended
EQUITY (Details 1) (Restricted Stock [Member])	Mar. 31, 2014
Restricted Stock [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Number of Stock Awards, Outstanding	0
Number of Stock Awards, Granted	7,465,668
Number of Stock Awards, Forfeited	0
Number of Stock Awards, Outstanding	7,465,668

EQUITY_Details_Textual

EQUITY (Details Textual) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 07, 2014

Dec. 31, 2013

31-May-14

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Equity Incentive Plan 2014 [Member]

Common Stock [Member]

Restricted Stock [Member]

Preferred Stock [Member]

Series B Convertible Redeemable Preferred Stock [Member]

Series B Preferred Stock [Member]

Series A-1 Non-Convertible Preferred Stock [Member]

Series A-2 Convertible Preferred Stock [Member]

Series A-1 Preferred Stock [Member]

Series A-2 Preferred Stock [Member]

Series A-2 Non-Convertible Preferred Stock [Member]

Subsequent Event [Member]

Securities Purchase Agreement [Member]

Equity Incentive Plan 2014 [Member]

Securities Purchase Agreement [Member]

Equity Incentive Plan 2014 [Member]

Series A-1 Preferred Stock [Member]

Accretion Expense

$689,763

$658,407

$1,300,000

Fair Value Of Stock Issued

11,700,000

900,000

2,726,311

3,901,878

Stock Issued During Period, Shares, Acquisitions

30,000

3,230,442

Stock Issued During Period, Value, Acquisitions

3,000,000

Temporary Equity, Shares Issued

8,715,000

466,730

423,330

40,713,684

35,645,626

3,900

394,276

402,596

Preferred Stock Dividends, Shares

9,499.06

1,040,744

Stock Issued During Period, Value, Stock Dividend

1,000,000

1,300,000

Proceeds from Issuance of Preferred Stock and Preference Stock

950,803

3,000,000

Dividends, Preferred Stock, Stock

-152,460

152,000

500,000

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

20,000,000

Stock Issued During Period, Shares, Restricted Stock Award, Gross

7,080,255

110,407

Percentage Of Restricted Stock Award Vests On Anniversary

20.00%

Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount

385,413

Restricted Stock Expense

300,000

Unrecognized Restricted Stock Expense

11,500,000

Dividends Payable, Current

75,000

Preferred Stock, Par or Stated Value Per Share

$0.00

Preferred Stock, Redemption Amount, Future Redeemable Securities

$46,700,000

$38,900,000

DERIVATIVE_LIABILITY_Details

DERIVATIVE LIABILITY (Details) (USD $)	3 Months Ended	12 Months Ended
DERIVATIVE LIABILITY (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Annual volatility rate	57.50%	80.00%
Risk free rate	0.80%	0.78%
Holding Period	'2 years 9 months	'3 years
Fair Value Of Common Stock	$1.22	$0.35

DERIVATIVE_LIABILITY_Details_1

DERIVATIVE LIABILITY (Details 1) (USD $)	3 Months Ended
DERIVATIVE LIABILITY (Details 1) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Derivative Liabilities at Fair Value [Line Items]	'	'
Fair value of derivative, December 31, 2013	$5,297,724	'
Additions at fair value	2,843,637	'
Loss on change in fair value of derivatives	14,702,680	0
Fair value of derivative, March 31, 2014	$22,844,041	'

DERIVATIVE_LIABILITY_Details_2

DERIVATIVE LIABILITY (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Derivative liability	$22,844,041	$5,297,724
Fair Value, Inputs, Level 1 [Member]	'	'
Derivative liability	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Derivative liability	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Derivative liability	$22,844,041	$5,297,724

DERIVATIVE_LIABILITY_Details_T

DERIVATIVE LIABILITY (Details Textual) (USD $)	3 Months Ended
DERIVATIVE LIABILITY (Details Textual) (USD $)	Mar. 31, 2014	Mar. 31, 2013
Derivative Liabilities at Fair Value [Line Items]	'	'
Loss on change in fair value of derivatives	$14,702,680	$0

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details Textual)	3 Months Ended
COMMITMENTS AND CONTINGENCIES (Details Textual)	Mar. 31, 2014
Registration Payment Arrangement, Commitment Fee Percentage	1.50%

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (USD $)	3 Months Ended				1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014
			Equity Incentive Plan 2014 [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Equity Incentive Plan 2014 [Member]	PTA-FLA, Inc. Cleartalk and Fidelity Towers [Member]
Line Of Credit Facility, Amount Outstanding	$28,500,000	'	'	$3,500,000	'	'
Stock Issued During Period, Shares, Restricted Stock Award, Gross	'	'	7,080,255	'	110,407	'
Payments to Acquire Businesses, Gross	$2,694,383	$0	'	'	'	$2,500,000