Mullen Automotive (MULN) 10-Q/A 18 Feb 15 2014 Q3 Quarterly report (amended) Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 13, 2014
Document Information [Line Items]
Entity Registrant Name	Net Element, Inc.
Entity Central Index Key	1499961
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Trading Symbol	NETE
Entity Common Stock, Shares Outstanding		45,622,111
Document Type	10-Q
Amendment Flag	TRUE
Document Period End Date	30-Sep-14
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2014
Amendment Description	Net Element, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (this “Amendment”) to its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2014 (the “Original Filing”) in order to correct an error in reporting in the Original Filing of the shares outstanding and the stock-based compensation award that was granted to the Company’s chief executive officer. This Amendment contains the corrected number of shares outstanding and such compensation award, resulting in a reduction to reported net loss, a reduction in the number of shares outstanding and a related reduction to the per share loss amounts reported.

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash	$1,405,371	$126,319
Accounts receivable, net	3,958,769	10,619,289
Advances to aggregators, net	92,767	1,109,538
Prepaid expenses and other assets	941,888	834,025
Total current assets	6,398,795	12,689,171
Fixed assets, net	44,758	137,267
Intangible assets, net	2,523,172	2,964,424
Goodwill	6,671,750	6,671,750
Other long term assets	143,133	0
Investment in affiliate	0	46,113
Total assets	15,781,608	22,508,725
Current liabilities:
Accounts payable	2,739,886	3,190,215
Deferred revenue	265,708	239,398
Accrued expenses	2,413,418	3,484,963
Short term loans	2,939	8,478,810
Notes payable (current portion)	98,493	3,816,093
Due to related parties	77,129	1,451,357
Total current liabilities	5,597,573	20,660,836
Note payable (non-current portion)	3,216,507	17,255,531
Total liabilities	8,814,080	37,916,367
STOCKHOLDERS' EQUITY
Preferred stock ($.01 par value, 1,000,000 shares authorized and no shares issued and outstanding)	0	0
Common stock ($.0001 par value, 100,000,000 shares authorized and 44,333,289 and 32,273,298 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively)	4,433	3,229
Paid in capital	133,670,079	103,815,550
Stock subscription receivable	-1,111,130	0
Accumulated other comprehensive income (loss)	716,852	-170,550
Accumulated deficit	-126,136,766	-118,930,828
Noncontrolling interest	-175,940	-125,043
Total stockholders' equity (deficit)	6,967,528	-15,407,642
Total liabilities and stockholders' equity	$15,781,608	$22,508,725

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Sep. 30, 2014	Dec. 31, 2013
Preferred stock, par value per share (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	44,333,289	32,273,298
Common stock, shares outstanding	44,333,289	32,273,298

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net revenues	$6,026,961	$6,520,788	$15,782,475	$12,996,538
Costs and expenses:
Cost of revenues	4,717,855	4,646,245	11,591,435	9,036,826
General and administrative (includes $522,981 and $75,000 and $1,275,498 and $225,000 of share based compensation for the three and nine months ended September 30, 2014 and 2013)	2,433,296	2,928,528	8,119,738	9,193,026
Provision for (recovery of) loan losses	136,150	537,230	-1,302,554	6,736,302
Goodwill impairment charge	0	0	0	11,200,000
Depreciation and amortization	684,503	796,985	1,900,995	1,449,659
Total costs and operating expenses	7,971,804	8,908,988	20,309,614	37,615,813
Loss from operations	-1,944,843	-2,388,200	-4,527,139	-24,619,275
Interest expense, net	-790,490	-973,256	-3,622,225	-2,043,353
Gain from beneficial conversion derivative	0	0	5,569,158	0
Loss on debt extinguishment	-2,221,813	0	-6,184,219	0
Gain from asset disposal	44,456	0	16,137	0
Gain on debt restructure	0	0	1,596,000	0
Other expense	-57,602	-80,019	-105,217	-168,509
Loss from continuing operations before income taxes	-4,970,292	-3,441,475	-7,257,505	-26,831,137
Income taxes	0	0	0	0
Loss from continuing operations	-4,970,292	-3,441,475	-7,257,505	-26,831,137
Net loss attributable to the noncontrolling interest	9,912	266,001	51,567	835,642
Discontinued operations:
Net loss from continuing operations attributable to Net Element, Inc.	-4,960,380	-3,175,474	-7,205,938	-25,995,495
Loss from operations of discontinued entities	0	-372,496	0	-1,018,003
Loss on disposition of assets pertaining to discontinued operations	0	-321,643	0	-321,643
Total discontinued operations	0	-694,139	0	-1,339,646
Net Loss	-4,960,380	-3,869,613	-7,205,938	-27,335,141
Foreign currency translation	-273,679	162,997	887,400	-101,761
Comprehensive Loss	($5,234,059)	($3,706,616)	($6,318,538)	($27,436,902)
Loss per share - basic and diluted continuing operations (in dollars per share)	($0.13)	($0.11)	($0.21)	($0.92)
Loss per share - basic and diluted discontinued operations (in dollars per share)	$0	($0.02)	$0	($0.05)
Total Loss per share (in dollars per share)	($0.13)	($0.13)	($0.21)	($0.97)
Weighted average number of common shares outstanding - basic and diluted (in shares)	39,316,693	28,163,337	34,683,766	28,173,573

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Parenthetical] (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Non-Cash Compensation	$522,981	$75,000	$1,275,498	$225,000

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:
Net loss	($7,205,938)	($27,335,141)
Loss on disposition of assets pertaining to discontinued operations	0	321,643
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Non-cash compensation	1,275,498	225,000
Depreciation and amortization	1,900,995	1,449,659
(Recovery of ) Provision for loan losses	-1,640,109	6,736,302
Impairment of goodwill	0	11,200,000
Amortization of debt discount	1,644,626	0
Noncontrolling interest	376,059	-835,642
Deferred revenue	26,310	0
Loss on disposal of fixed assets	16,137	0
Gain on change in fair value of derivative	-5,569,158	0
Loss on debt extinguishment	6,184,219	0
Gain on debt restructure	-1,596,000	0
Changes in assets and liabilities, net of acquistions and the effect of consolidation of equity affiliates
Accounts receivable	8,274,683	1,620,499
Advances to aggregators	923,016	0
Note receivable	0	-520,000
Prepaid expenses and other assets	-270,642	362,444
Accounts payable	-310,965	1,543,485
Accrued expenses	-1,069,530	-1,272,562
Adjustments for operating activities of continuing operations	10,165,139	20,509,185
Adjustments for operating activities of discontinued operations	0	138,092
Total adjustments	10,165,139	20,647,277
Net cash provided by (used in) operating activities	2,959,201	-6,366,221
Cash flows from investing activities - net of acquisitions:
Collections from notes receivable	0	4,694,605
Investment in subsidiary	0	-228,113
Purchase of portfolio and client acquistion costs	-1,339,096	0
(Purchase) disposal of fixed assets	-5,019	46,966
Net cash provided by (used in) investing activities of continuing operations	-1,344,115	4,513,458
Cash flows from financing activities - net of acquisitions:
Proceeds from financial institutions	0	755,170
Repayment to financial institutions	-8,454,027	0
Proceeds from indebtedness	8,879,898	0
Repayment of Indebtedness	-3,112,775	0
Change in restricted cash	0	2,056,821
Cash paid for share repurchases	0	-482,400
Due to related parties	0	38,591
Repayment of amounts due to related parties	0	-75,000
Net cash used by financing activities from continuing operations	-2,686,904	2,293,182
Effect of exchange rate changes on cash	2,350,870	-61,441
Net increase in cash	1,279,052	378,978
Cash at beginning of period	126,319	3,546,787
Cash at end of period	1,405,371	3,925,765
Supplemental disclosure of cash flow information
Interest	1,338,402	1,038,125
Taxes	296,844	0
Issued and outstanding common stock (10% of TOT Group's common stock)	0	609,000
Assumed debt	0	20,631,000
Total value of consideration for Unified Payments acquisition	0	21,240,000
Stock subscription in connection with acquisition of Aptito	0	718,750
Transfer of K1 note liability to T1T Lab, LLC in connection with divesture of OOO Music 1	$0	$2,000,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization
	Net Element, Inc. (“We”, “us”, “our” or the “Company”) is a financial technology-driven group specializing in mobile payments and other transactional services in emerging countries and in the United States. We operate in a single operating segment, that being a provider of transactional services and mobile payment solutions. Geographic areas in which we operate include the United States, where through our U.S. based subsidiaries we generate revenues from transactional services and other payment technologies for small and medium-sized businesses (“SME”). Through TOT Group Russia and Net Element Russia, we provide transactional services, mobile payments transactions and other payment technologies in emerging countries including Russian Federation and the Commonwealth of Independent States (“CIS”).
	Business
	Our transactional services enable our merchant vendors to accept credit cards as well as other forms of payment, including debit cards, checks, gift cards and loyalty programs in traditional card-present, or swipe transactions, as well as card-not-present transactions, such as those done over the phone or through the internet or a mobile device. We market and sell our services through both independent sales groups (“ISGs”), which are non-employee, external sales organizations and other third party resellers of our products and services and directly to merchants through electronic media, telemarketing and other programs, including utilizing partnerships with other companies that market products and services to small businesses. In addition, we partner with banks such as BMO Harris Bank, N.A. in the United States to sponsor us for membership in the Visa ®, MasterCard  ®  or other card associations and to settle transactions with merchants. We perform core functions for small merchants such as application processing, underwriting, account set-up, risk management, fraud detection, merchant assistance and support, equipment deployment and chargeback services. Our mobile payments business provides carrier-integrated mobile payments solutions. Our relationships with mobile operators give us substantial geographic coverage, a strong capacity for innovation in mobile payments and messaging, and the ability to offer our clients In-App, P-SMS, online and carrier billing services.
	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and reflect all adjustments, which are of a normal and recurring nature, that are, in the opinion of management, necessary for a fair presentation of our condensed consolidated financial position and results of operations for the related periods. All significant intercompany transactions and balances have been eliminated in consolidation. The consolidated results of operations for any interim periods are not necessarily indicative of results to be expected for the full year.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of expenses for the period presented. Actual results could differ from those estimates.
	Significant estimates include (i) the valuation of acquired merchant portfolios (ii) the recoverability of indeterminate-lived assets, (iii) the remaining useful lives of long-lived assets, and (iv) the sufficiency of merchant, aggregator, legal, and other reserves. On an ongoing basis, we evaluate the sufficiency and accuracy of our estimates. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	We maintain our U.S. dollar-denominated cash in several non-interest bearing bank deposit accounts. Prior to January 1, 2014, all U.S. non-interest bearing transaction accounts were fully insured, regardless of the balance in the account, at all FDIC insured institutions. At September 30, 2014, the bank balances exceed FDIC insured institution limits of $250,000 by approximately $800,000. The bank balances at December 31, 2013 did not exceed FDIC limits.
	We maintain approximately $114,503 and $46,000 in uninsured Russian, Ukraine and Cayman Islands bank accounts as of September 30, 2014 and December 31, 2013, respectively.
	Accounts Receivable
	Receivables are stated net of allowance for doubtful accounts. The Company estimates its allowance based on experience with its service providers and its judgment as to the likelihood of their ultimate payment. The Company also considers collection experience and makes estimates regarding collectability based on trends in aging. In Russia, the service providers are large telecommunication companies and we do not reserve for these receivables given their financial strengths and our experience with these service providers.
	Other Current Assets
	We maintain an inventory of terminals, which we use to service both merchants and independent sales agents. Where the terminals are sold for a fee, we record an expense for the cost of these terminals, plus any set up fees at the time of the sale. In cases where we provide the terminals as a multi-year incentive, the cost of the terminal plus any set up fees are deferred and amortized over the expected customer contract period, generally three years. At September 30, 2014, we have $493,599 in terminals, Apple® iPads and related equipment purchased, of which $325,021 has been placed with merchants. At December 31, 2013 we had $446,658 in terminals and Apple® iPads of which $170,378 had been placed. Amortization of these terminals amounted to $26,667 and $572 for the three months ended September 30, 2014 and 2013, and $72,038 and $572 for the nine months ended September 30, 2014 and 2013.
	Fixed Assets
	We depreciate our furniture, servers, software and equipment over a term of three to ten years. Computers and software are depreciated over terms between two and five years. Leasehold improvements are depreciated over the shorter of the economic life or term of each lease. All of our assets are depreciated on a straight-line basis for financial statement purposes.
	Expenditures for repairs and maintenance are charged to operating expense as incurred. Expenditures that increase the value or productive capacity of assets are capitalized. At the time of retirements, sales, or other dispositions of property and equipment, the original cost and related accumulated depreciation are removed from the respective accounts, and the gains or losses are presented as other expenses.
	Intangible Assets
	Included in our intangible assets are merchant portfolios, which represent the net book value of an acquired merchant customer base, and are amortized on a straight-line basis over their respective useful lives, generally three to five years. Merchant portfolios are assessed for impairment if events or circumstances indicate that their respective carrying values are not recoverable from the future anticipated undiscounted net cash flows attributable to such assets. In such cases, the amount of any potential impairment would be measured as the excess, if any, of carrying value over the fair value of such assets.
	On July 30, 2013, our subsidiary, TOT Payments, LLC, brought an action against First Data Corporation (“FDR”). In its complaint, TOT Payments claims that FDR breached its obligations pursuant to a 2006 Marketing Agreement. Because the FDR case was dismissed, management has decided that the possibility of recovering fees is remote and therefore wrote off the remaining net asset value of the FDR Portfolio, for an impairment charge of $872,354 during the year ended December 31, 2013.
	We also capitalize direct expenses associated with filing of patents and patent applications and amortize the capitalized intellectual property costs over five years beginning when the patent is approved.
	Additionally, we capitalize the fair value of intangible assets acquired in business combinations. We perform valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocate the purchase price of each acquired business to its respective net tangible and intangible assets. Acquired intangible assets include: merchant portfolios, trade names, non-compete agreements, customer relationships and technology.
	Capitalized Customer Acquisition Costs, Net
	Included in intangible assets are capitalized customer acquisition costs, which consist of up-front cash payments made to certain ISG’s for the establishment of new merchant relationships. Capitalized customer acquisition costs represent incremental, direct customer acquisition costs that are recoverable through gross margins (future net cash flows) associated with merchant contracts. The up-front payment to the ISG is based on the estimated gross margin for the first year of the merchant contract. The deferred customer acquisition cost asset is recorded at the time of payment and the capitalized acquisition costs are primarily amortized on a straight-line basis over a period of three years.
	Management evaluates the capitalized customer acquisition cost for impairment at each balance sheet date by comparing, on a pooled basis by vintage month of origination, the expected future net undiscounted cash flows from underlying merchant relationships to the carrying amount of capitalized customer acquisition costs. If the estimated future net cash flows are lower than the recorded carrying amount, indicating an impairment of the carrying value of the capitalized customer acquisition costs, the impairment loss is charged to operations.
	During the three and nine months ended September 30, 2014, we capitalized customer acquisition costs of $100,675 and $252,731, respectively, in additional capitalized customer acquisition costs and $55,666 and $134,594, respectively, in related additional amortization. During the three and nine months ended September 30, 2013, we recorded $79,356 and $361,736 in additional capitalized customer acquisition costs and $27,853 and $49,171 in related additional amortization, as operations did not begin for TOT Payments until April 16, 2013. The balance of customer acquisition costs, net of amortization is $498,648 and $380,511 at September 30, 2014 and December 31, 2013, respectively, and reflected in intangible assets in the accompanying condensed consolidated balance sheets.
	Accrued Residual Commissions
	We pay commissions to independent sales groups (“ISGs”) based on the processing volume of the merchants enrolled. The commission payments are based on varying percentages of the volume processed by us on behalf of the merchants. Percentages vary based on the program type and transaction volume of each merchant. We report commission payments as a cost of revenues in the accompanying condensed consolidated statement of operations and comprehensive loss. The residual commission payable to ISGs and independent sales agents was $489,997 and $451,374 at September 30 2014 and December 31, 2013, respectively. We pay commissions on annual fees and defer and amortize these fees over a twelve month period. We pay our agents’ commissions, in advance of recognizing the revenue. At December 31, 2013 we deferred $115,700 of commissions on annual fees, which were included in prepaid expenses in the accompanying condensed consolidated balance sheet and will recognize the deferred fees over the next twelve months. As of September 30, 2014 and December 31, 2013 we had $28,922 and $115,700 respectively, in deferred commissions. Commission payables are included in accounts payable in the accompanying condensed consolidated balance sheets.
	Fair Value Measurements
	Our financial instruments consist primarily of cash, accounts receivable, merchant portfolios, notes receivable, accounts payable and debt instruments. The carrying values of cash, accounts receivable and trade payables are considered to be representative of their respective fair values due to the short-term nature of these instruments. The carrying amount of the debt of $3,315,000 at September 30, 2014 and $21,071,624 at December 31, 2013 approximates fair value because our current borrowing rate does not materially differ from market rates for similar bank borrowings. The long-term debt is classified as a Level 2 item within the fair value hierarchy.
	We measure certain nonfinancial assets and liabilities at fair value on a nonrecurring basis. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. We use a three-level fair value hierarchy to prioritize the inputs used to measure fair value and maximizes the use of observable inputs and minimizes the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:
	Level 1 — Quoted market prices in active markets for identical assets or liabilities as of the reporting date
	Level 2 — Observable market based inputs or unobservable inputs that are corroborated by market data
	Level 3 — Unobservable inputs that are not corroborated by market data
	These non-financial assets and liabilities include intangible assets and liabilities acquired in business combinations as well as impairment calculations, when necessary. The fair value of the assets acquired and liabilities assumed in connection with the Unified Payments acquisition, as discussed in Note 4, were measured at fair value at the acquisition date. The fair values of our merchant portfolios are primarily based on Level 3 inputs and are generally estimated based upon independent appraisals that include discounted cash flow analyses based on our most recent cash flow projections, and, for years beyond the projection period, estimates based on assumed growth rates. Assumptions are also made regarding appropriate discount rates, perpetual growth rates, and capital expenditures, among others. In certain circumstances, the discounted cash flow analyses are corroborated by a market-based approach that utilizes comparable company public trading values, and, where available, values observed in private market transactions. The inputs used by management for the fair value measurements include significant unobservable inputs, and therefore, the fair value measurements employed are classified as Level 3. The goodwill impairment (see note 4) primarily was based on observable inputs using company specific information and is classified as Level 3.
	Concentrations
	Our total net revenue was $15,782,475 for the nine months ended September 30, 2014. Of this amount, $14,234,441 was derived from processing of Visa®, MasterCard®, Discover® and American Express® card transactions and $1,548,033 was derived from processing of mobile electronic payments.
	The transaction processing revenues were derived from processing merchant customer transactions, which are processed primarily by two “third-party” processing networks. For the nine months ended September 30, 2014, we processed 60.62% of total revenue with Total System Services, Inc. (TSYS) as a settlement platform using Cynergy Data, LLC (Cynergy) as a conduit to TSYS, and 25.43% with Vantiv, Inc. (Vantiv) as a settlement platform.
	Our mobile electronic payment revenues were derived from merchant customer transactions, which are processed primarily by two mobile operators. For the nine months ended September 30, 2014, we processed 3.97% of its total revenue with Beeline, and 3.97% with Mobile TeleSystems OJSC (MTS).
	Foreign Currency Transactions
	We are subject to exchange rate risk in its foreign operations Russia, the functional currency of which is Russian Ruble. In Russia, we generate service fee revenues and incur product development, engineering, website development, interest expense, and general and administrative costs and expenses. The Russian engineering operations pay a majority of their operating expenses in their local currencies, exposing us to exchange rate risk.
	We do not engage in any currency hedging activities.
	Revenue Recognition
	We recognize revenue when the following four basic criteria have been met: (1) persuasive evidence of a sales arrangement exists, (2) performance of services or delivery of goods has occurred, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. We consider persuasive evidence of a sales arrangement to be the receipt of a billable transaction from aggregators, signed contract or website advertising insertion order. Collectability is assessed based on a number of factors, including transaction history with the customer and the credit worthiness of the customer. If it is determined that the collection is not reasonably assured, revenue is not recognized until collection becomes reasonably assured, which is generally upon receipt of cash. We record cash received in advance of revenue recognition as deferred revenue.
	Our revenues for the three and nine month periods ended September 30, 2014 and 2013 are principally derived from the following sources:
	Transactional Processing Fees: Transactional processing fees are generated primarily from TOT Payments, which is our US credit card processing company.
	Our transactional processing company derives revenues primarily from the electronic processing of services including: credit, debit and electronic benefits transfer card processing authorized and captured through third party networks, check conversion and guarantee, electronic gift certificate processing, and equipment leasing and sales. These revenues are recorded as bankcard and other processing transactions when processed.
	Typically, fees charged to merchants for these processing services are based on a variable percentage of the dollar amount of each transaction and in some instances, additional fees are charged for each transaction. Merchant customers also may be charged miscellaneous fees, including statement fees, annual fees, monthly minimum fees, fees for handling chargebacks, gateway fees, and fees for other miscellaneous services.
	Service Fees:  Service fees are generated primarily from TOT Money’s mobile payment processing and service fees.
	We have multiple element arrangements that include bundled transactions with merchants encompassing annual PCI (payment card industry) fees, annual membership fees, and monthly processing fees.
	We account for bundled transactions in accordance with Accounting Standard Update No 2009-13, “Multiple–Deliverable Revenue Arrangements” (ASU 2009-13). ASU 2009-13 requires the use of the relative selling price method of allocating total consideration to units of accounting in a multiple element arrangement and eliminates the residual method. This accounting principle requires an entity to allocate revenue in an arrangement using estimated selling price deliverables if it does not have vendor specific objective evidence (VSOE) or third party evidence (TPE) of selling price.
	VSOE is the price charged when the same or similar product or service is sold separately. We define VSOE as a median price of recent stand-alone transactions that are priced within a narrow range. TPE is determined based on the prices charged by our competitors for a similar deliverable when sold separately.
	We evaluate each deliverable in its arrangements to determine whether it represents a separate unit of accounting. A deliverable constitutes a separate unit of accounting when it has stand-alone value to our customers. Our products (i.e., terminals) and services qualify as separate units of accounting under ASU 2009-13.
	The fair value for annual fees is based on the annual contract renewal price and is deemed to represent stand-alone selling price based upon VSOE. The fair value for processing is based on prices charged by our competitors for similar deliverables when sold separately and is deemed to represent stand-alone selling price based upon TPE.
	Deferred revenue represents primarily amounts received in advance for annual fee billings and are recognized on a pro rata basis over the annual service period.
	Generally, we (i) are the primary obligor in our arrangements with our merchant customers, (ii) have latitude in establishing the price of our services, (iii) have the ability to change the product and perform parts of the services, (iv) have discretion in supplier selection, (v) have latitude in determining the product and service specifications to meet the needs of our merchant customers, and (vi) assume credit risk. In such cases, we report revenues as gross of fees deducted by our sponsoring member banks, as well as fees deducted from card-issuing member banks and card associations (Visa® and MasterCard®) on behalf of our sponsoring member banks for interchange and assessments. These fees charged by the card associations to process the credit card transactions are recorded separately as cost of sales and interchange fees in the accompanying condensed consolidated statement of operations and comprehensive loss.
	Revenues from TOT Money are recognized as a percentage of amounts billed to mobile operators. Revenue is recognized when TOT Money’s billing system is able to create a billable transaction for a mobile operator. Billable transactions are created and submitted to TOT Money by content aggregators.
	Each month, mobile operators provide TOT Money with detail supporting the transactions received by the mobile operator. TOT Money reconciles the data provided by the mobile operator to its internal billing system. Pursuant to the mobile operator agreements, any total billing difference under 5% is considered immaterial and TOT Money accepts the mobile operator data as accurate. Any differences from content providers that exceed 5% of the amount billed are researched, reconciled and addressed with the mobile operator.
	Funds received by TOT Money from mobile operators include amounts due to aggregators for supplying us with billable transactions from content providers. Revenues are presented net of aggregator payments on the condensed consolidated financial statements of TOT Money as the collections are considered to be agency fees. TOT Money serves as agent to the mobile operators, performing a service for a fee.
	Cost of services for TOT Money is comprised primarily of fees for short numbers provided by the mobile operators that are used to provide traffic from content providers.
	Cost of services for TOT Payments is comprised primarily of processing fees paid to third parties attributable to providing transaction processing and other services to the Company’s merchant customers. Interchange fees and cost of services are recognized as incurred, which generally occurs in the same period in which the corresponding revenue is recognized. Interchange fees are set by the card networks, and are paid to the card-issuing bank. Interchange fees are calculated as a percentage of the dollar volume processed plus a per transaction fee. We also pay Visa® and MasterCard® network dues.
Net Loss per Share
Basic net loss per common share is computed by dividing net loss applicable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares issuable upon exercise of common stock options or warrants. In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would have an anti-dilutive effect. At September 30, 2014 and 2013, the Company had 8,398,900 warrants issued and outstanding that were anti-dilutive in effect.
Impairment of Long-Lived Assets
We review our long-lived assets for impairment whenever events or changes indicate that the carrying amount of an asset or group of assets may not be recoverable. During the nine months ended September 30, 2014 and 2013, the Company did not recognize any charges for impairment of goodwill and intangible assets.
Reclassification of Prior Period Presentation
Certain prior period amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.
Income Taxes
We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the condensed consolidated financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.
We recognize net deferred tax assets to the extent that our management believes these assets are more likely than not to be realized. In making such a determination, management considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If management determines that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, an adjustment would be made to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.
We account for uncertainty in income taxes using a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon settlement. We classify the liability for unrecognized tax benefits as current to the extent that we anticipate payment (or receipt) of cash within one year. Interest and penalties related to uncertain tax positions are recognized and recorded as necessary in the provision for income taxes. Our evaluation of uncertain tax positions was performed for the tax years ended December 31, 2008 and forward, the tax years, which remain subject to examination as of September 30, 2014. See note 17 for discussion of our uncertain tax positions.
Recently Issued Accounting Guidance
In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09 (“ASU 2014-09”), Revenue from Contracts with Customers (Topic 606). Under ASU 2014-09, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 will be effective for the Company for annual reporting periods beginning after December 15, 2016. The Company is evaluating ASU 2014-09 to determine if this guidance will have a material impact on the Company’s condensed consolidated financial statements.
In November 2014, the FASB issued Accounting Standards Update 2014-16 (“ASU 2014-16), Derivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (a consensus of the FASB Emerging Issues Task Force). ASU 2014-16 does not change the current criteria in GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required, but clarifies how current GAAP should be interpreted in the evaluation of the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share, reducing existing diversity in practice. The Company is evaluating ASU 2014-09 to determine if this guidance will have a material impact on the Company’s condensed consolidated financial statements.

BASIS_OF_PRESENTATION_AND_PRIN

BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2. BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION
	The following entities make up our continuing operations: (1) TOT Group, Inc., a  100% owned subsidiary formed in Delaware; (2) Netlab Systems, LLC, a wholly owned subsidiary formed in Florida; (3) NetLab Systems IP, LLC, a wholly owned subsidiary formed in Florida; (4) OOO Net Element Russia (“Net Element Russia”), a wholly owned subsidiary formed in Russia; (5) Net Element Services, LLC, a wholly owned subsidiary formed in Florida; and (6) A&R Music Holdings, LLC, a wholly owned subsidiary formed in Florida (operations discontinued January 31, 2013).
	The subsidiaries listed above are the parent companies of several other subsidiaries, which hold the Company’s underlying investments or operating entities.
	TOT Group is the parent company of TOT Payments, LLC (TOT Payments), a wholly owned subsidiary formed in Florida, Aptito, LLC, a  80% owned subsidiary formed in Florida (acquired June 18, 2013), TOT Group Ukraine LLC, a 51% subsidiary formed in Ukraine, TOT Group Cyprus, a wholly owned subsidiary formed in Cyprus, TOT Group Europe LTD, a wholly owned subsidiary formed in the United Kingdom, TOT Group Kazakhstan, LLC, a 51% owned subsidiary formed in Kazakhstan, and OOO TOT Group Russia, a wholly owned subsidiary formed in Russia.
		•	TOT Payments, LLC is the parent company of:
		-	Process Pink, LLC, a wholly owned subsidiary formed in Florida;
		-	TOT HPS, LLC, a wholly owned subsidiary formed in Florida;
		-	TOT FBS, LLC, a wholly owned subsidiary formed in Florida;
		-	TOT New Edge, LLC, a wholly owned subsidiary formed in Florida; and
		-	TOT BPS, LLC, a wholly owned subsidiary formed in Florida.
		•	OOO TOT Group Russia, is the parent company of its wholly owned subsidiary OOO TOT Money (a company formed in Russia) (30% of TOT Money was owned by Net Element Russia until September 15, 2013 when this interest was transferred to OOO TOT Group Russia).
	•	Netlab Systems, LLC is the parent company of Tech Solutions LTD.
		•	A&R Music Holdings (f/k/a Music1) was the parent company of A&R Music Live, LLC (“A&R Music Live”) (operations discontinued January 31, 2013).
		•	Net Element Russia is the parent company of OOO TOT Group and OOO Music1 (Russia) (operations discontinued September 25, 2013). Net Element Russia owned 30% of OOO TOT Money until September 15, 2013 when this interest was transferred to OOO TOT Group Russia.
	All material intercompany accounts and transactions have been eliminated in this consolidation.
	Discontinued Operations:
	The following entities make up our discontinued operations: OOO Music1 (formerly a subsidiary of NETE Russia and divested on September 25, 2013); (2) Ya Talant (divested on September 25, 2013); (3) Splinex (also the parent company of IT Solutions, LTD and also divested on September 25, 2013); (4) Motorsport, LLC (also the parent of Motorsport.com, Inc. also divested on September 25, 2013); (5) Openfilm, LLC. (also the parent of Openfilm Studios, LLC (company closed June 2013) and Openfilm, Inc. (divested September 25, 2013)); and (6) Zivos, LLC (Ukraine) (divested September 25, 2013).
	In addition, the condensed consolidated statements of operations and comprehensive loss and statements of cash flows contain activity through September 25, 2013 for discontinued operations of our on-line media businesses.   On September 25, 2013, we entered into a Contribution Agreement with T1T Lab, LLC, a Florida limited liability company (“T1T Lab”), and T1T Group, LLC, a Delaware limited liability company (“T1T Group”), pursuant to which on September 25, 2013, we contributed to T1T Lab all of its membership and participation interests in its subsidiaries Openfilm, LLC, Motorsport, LLC, Splinex, LLC, LegalGuru, LLC and MUSIC 1 LLC (a/k/a OOO Music1) in exchange for a 10% interest in T1T Lab and T1T Lab assumed $2,162,158 in liabilities (including $2,000,000 owed by us to K1 Holding Limited pursuant to a promissory note dated May 13, 2013) related to the Disposed Subsidiaries.
	On February 11, 2014, we agreed to transfer to T1T Group our 10% interest in T1T Labs in consideration for us being released from our obligations to T1T Lab (including the obligations to make capital contributions to T1T Lab).
	There are no amounts reported on the condensed consolidated balance sheets for the discontinued entities at September 30, 2014 and December 31, 2013 given the divesture occurred on September 25, 2013.   Prior periods have been adjusted to report the net assets and results from operations of these discontinued entities as discontinued operations.

LIQUIDITY_AND_GOING_CONCERN_CO

LIQUIDITY AND GOING CONCERN CONSIDERATIONS	9 Months Ended
	Sep. 30, 2014
Liquidity And Going Concern Considerations [Abstract]
Liquidity and Going Concern Considerations [Text Block]	NOTE 3. LIQUIDITY AND GOING CONCERN CONSIDERATIONS
	Our condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. We had a net loss of approximately $7.2 million for the nine months ended September 30, 2014, an accumulated deficit of approximately $126.1 million and working capital of approximately $0.8 million at September 30, 2014.
	The independent auditors’ report on our consolidated financial statements for the year ended December 31, 2013 contained an explanatory paragraph expressing substantial doubt as to our ability to continue as a going concern.
	Failure to successfully continue developing our payment processing operations and maintain contracts with merchants, mobile phone carriers and content providers to use TOT Group’s services could harm our revenues and materially adversely affect our financial condition and results of operations.  The inability to timely receive the subscription receivable may impact our ability to fully implement our business plan. We face all of the risks inherent in a new business, including the need for significant additional capital, management’s potential underestimation of initial and ongoing costs, and potential delays and other problems in connection with developing our technologies and operations.
	We are continuing with our plan to further grow and expand our payment processing operations in emerging markets, particularly in Russia and surrounding countries. Management believes that its current operating strategy will provide the opportunity for us to continue operations; however, there is no assurance this will occur. The accompanying condensed consolidated financial statements do not include any adjustments as a result of uncertainties.

MERGER_AND_ACQUISITION_TRANSAC

MERGER AND ACQUISITION TRANSACTIONS	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	NOTE 4. MERGER AND ACQUISITION TRANSACTIONS
	Unified Payments
	On April 16, 2013, we entered into a Contribution Agreement (the “Contribution Agreement”) with Unified Payments, LLC, a Delaware limited liability company, TOT Group, Oleg Firer, individually, and Georgia Notes 18 LLC, a Florida limited liability company. Pursuant to the Contribution Agreement, on April 16, 2013, certain subsidiaries of TOT Group, which were formed for the purpose of effectuating the transactions contemplated by the Contribution Agreement, acquired substantially all of the business assets of Unified Payments. Unified Payments provides comprehensive turnkey, payment-processing solutions to small and medium size business owners (merchants) and independent sales organizations across the United States. As consideration for Unified Payments’ and its subsidiaries’ contribution of their assets to TOT Group subsidiaries, (a) we contributed to a subsidiary of TOT Group  70% of the equity interests in our subsidiary, OOO TOT Money (through which we operate our mobile commerce payment processing business); (b) TOT Group issued to Unified Payments  10% of TOT Group’s issued and outstanding common stock which was valued at approximately $600,000 (valued based on a discounted cash flow analysis of TOT Group adjusted for a lack of marketability discount); and (c) TOT Group assumed approximately $20.6 million in liabilities of Unified Payments and its subsidiaries. Had the acquisition occurred on January 1, 2013, revenue and net loss from operations would have increased by $5,662,740 and $1,081,218, respectively , for the fiscal year ended December 31, 2013.
	The following table summarizes the fair value of consideration paid and the allocation of purchase price to the fair value of tangible and intangible assets and liabilities, including the estimated useful lives of acquired assets:
		(in Millions)
	Purchase Consideration:
	Assumption of Debt	$	20.6
	Issuance of TOT Group Stock (10%)		0.6
	Total Consideration Transferred	$	21.2
	Purchase Price Allocation to Identifiable assets acquired and liabilities assumed
	Current Assets	$	0.9
	Merchant Portfolios		4.4
	Other Intangible Assets		1
	Current Liabilities		-2.1
	Total Identifiable Net Assets		4.2
	Goodwill		17
	Total Purchase Price Allocation	$	21.2
	Intangible assets and merchant portfolios are being amortized in a manner consistent with the pattern in which the related benefits are expected to be consumed. Goodwill arising from the acquisition represents the estimated value of Unified Payments’ presence in key high growth markets, its assembled workforce, its management team’s industry-specific project management expertise and synergies expected to be achieved from the combined operations of Unified Payments and TOT Money.
	As part of its June 30, 2013 financial statement closing process, as well as our review of the independent valuation performed in connection with the Unified Payments business combination, management determined that the reported goodwill of its TOT Payments unit as of June 30, 2013 was impaired. The carrying amount of this reporting unit was negative as of June 30, 2013, thus we performed Step 2 of the goodwill impairment test as of June 30, 2013. The fair value of the reporting unit was determined based on a combination of the income approach (discounted cash flow analysis) and market approach. The result of the Step 2 analysis indicated that the TOT Payments reporting unit’s goodwill was impaired by approximately $11.2 million as of June 30, 2013. We recorded a non-cash, goodwill impairment charge of $11.2 million for the three months ended June 30, 2013. At December 31, 2013, we performed an impairment test again and determined that no further impairment was necessary.
	On September 4, 2013, we entered into a letter agreement, dated as of August 28, 2013, with Oleg Firer, Steven Wolberg, Georgia Notes 18, LLC and Vladimir Sadovskiy, pursuant to which we agreed, subject to approval of our shareholders, to issue such number of shares of Common Stock equal to 10% of our issued and outstanding Common Stock as of the date of issuance of such shares in exchange for our acquisition of the outstanding 10% noncontrolling interest in TOT Group, Inc. Pursuant to this agreement, we are obligated to issue to Mr. Firer (who is Chief Executive Officer and a director of the Company) 4.5% of our issued and outstanding Common Stock as of the date of issuance of such shares, and to Mr. Wolberg (who is Chief Legal Officer and Secretary of the Company) 2% of our issued and outstanding Common Stock as of the date of issuance of such shares.
	Effective June 30, 2014, we executed Amendment No. 1 to the August 28, 2013 letter agreement with Oleg Firer, Steven Wolberg, Georgia Notes 18, LLC and Vladimir Sadovskiy  to clarify the computation of 10% of our issued and outstanding Common Stock for purposes of the August 28, 2013 letter agreement. Prior to the date of this Amendment No. 1, the parties calculated the number of shares of our common stock (the “Shares”) to be issued as  10% ownership interest in the Company on a pre-share issuance basis. As and with effect from June 30, 2014, the parties agreed that the number of Shares to be issued pursuant to the Exchange Agreement shall be calculated to reflect Shares that constitute a 10% ownership interest in the Company on a post-share issuance basis. Pursuant to this agreement, as amended, we issued to Mr. Firer (who is Chief Executive Officer and a director of the Company) 1,411,135 restricted shares of Common Stock representing 4.5% of our issued and outstanding Common Stock as of the date of issuance of such shares, and to Mr. Wolberg (who is Chief Legal Officer and Secretary of the Company) 627,171 restricted shares of Common Stock representing 2% of our issued and outstanding Common Stock as of the date of issuance of such shares.
	As of June 30, 2014, the number of shares, market price and total value for the 10% interest issued by the Company for the acquisition of the 10% minority interest of TOT Group, Inc. were 3,135,856 shares, $4.28 weighted average per share and $13,415,197, respectively. We recorded a non-cash compensation charge for this transaction was $13,922,910, which consists of the $13,415,197 total value of the shares issued, the negative book value of the 10% noncontrolling interest in TOT Group, Inc. of $1,107,713, less the fair value of the 10% TOT Group stock of $600,000.
	Aptito
	On June 18, 2013, Aptito, an indirect subsidiary, entered into an Asset Purchase Agreement with Aptito.com, Inc., a New York corporation (“Seller”), pursuant to which Aptito acquired on such date substantially all of the business assets of Seller. The business assets sold to Aptito by Seller include the development, implementation and sales of an all-in-one, cloud-based, digital point-of-sale software and customer relations management and payments platform, including the Restaurant mPOS, a tablet-based point-of-sale solution that combines traditional point-of-sale functionality with mobile ordering, payments, social media, intelligent offers, mobile applications, loyalty and transactional data all in one solution using Seller’s (and now Aptito’s) cloud-based payments platform.
	As consideration for the acquired business assets, (a) Aptito assumed and simultaneously repaid $145,000 of outstanding indebtedness (with an original principal balance totaling $200,000); and (b) we agreed to issue to Seller  125,000 restricted shares of our common stock, which shares vested quarterly over 12 months (valued at $718,750). The total purchase consideration was $918,750 and ascribed to goodwill. At September 30, 2014, 125,000 shares with a value of $718,750 have been vested.
	Our subsidiary, TOT Group, which owns an  80% membership interest in Aptito, has an option to purchase Seller’s  20% membership interest in Aptito at any time after December 31, 2014 or at any time upon a change of control (as defined in Aptito’s limited liability company agreement) of Aptito, with the purchase price based on the fair market value of Aptito as of the end of the calendar month immediately preceding TOT Group’s request for a valuation in accordance with the terms of the option, payable in cash, cancellation of indebtedness, shares of common stock or a combination of the foregoing.
	Had the acquisition occurred on January 1, 2013, revenue and net loss from operations would have increased by $55,091 and $112,602, respectively, for the nine months ended September 30, 2013.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE 5. DISCONTINUED OPERATIONS
	On September 25, 2013, we entered into a Contribution Agreement (the “Divestiture Contribution Agreement”) with T1T Lab and T1T Group, pursuant to which, on September 25, 2013, we contributed to T1T Lab all of our membership and participation interests in its subsidiaries Openfilm, LLC, Motorsport, LLC, Splinex, LLC, LegalGuru, LLC and MUSIC 1 LLC (a/k/a OOO Music1) (collectively, the “Disposed Subsidiaries”).   The Disposed Subsidiaries constitute all of our interests in online media businesses and operations (referred to herein collectively as our “entertainment assets”).   As described further below, following the transactions effectuated pursuant to the Divestiture Contribution Agreement, we indirectly owned a minority interest in the Disposed Subsidiaries through its 10% membership interest in T1T Lab.   We disposed of our entertainment assets in order to focus our business operations on mobile payments, transactional services and related technologies and to reduce the significant expenses associated with developing and maintaining the entertainment assets.
	Pursuant to the Divestiture Contribution Agreement, we contributed to T1T Lab all of our membership and participation interests in the Disposed Subsidiaries and agreed to make an initial capital contribution to T1T Lab in the amount of $1,259,000  (recorded as part of Due to related Parties (current portion) on the condensed consolidated balance sheet), payable in full or in installments when requested by T1T Lab but in no event later than within the 12-month period after September 25, 2013 (unless such period is mutually extended in writing by us and T1T Group).
	Subject to T1T Lab’s prior written approval, a portion of our initial capital contribution may be made in the form of future services provided by us, with the value of such services to be agreed upon in writing between us and T1T Group prior to providing such services. The amount of our initial capital contribution is a negotiated amount required for T1T Lab to acquire the Disposed Subsidiaries. In exchange for such contributions, we were issued a  10% membership interest in T1T Lab and T1T Lab assumed $2,162,158 in liabilities (including $2,000,000 owed by us to K 1 Holding Limited pursuant to a promissory note dated May 13, 2013) related to the Disposed Subsidiaries. In addition, all intercompany loans payable by the Disposed Subsidiaries to us, on the one hand, and by us to the Disposed Subsidiaries, on the other hand, were forgiven by the parties.  The investment, which amounted to $46,113, was accounted for under the cost method since we owns 10% of T1T Lab, LLC and do not influence the operations of T1T Lab, LLC.
	On February 11, 2014, we agreed to transfer to T1T Group our 10% interest in T1T Labs in consideration for us being released from our obligations to T1T Lab (including the obligations to make capital contributions to T1T Lab).
	T1T Group is wholly-owned by Enerfund, LLC (which is wholly-owned by Mike Zoi, a stockholder of the Company).
	Based on the foregoing, and in conformity with applicable accounting guidance, the Disposed Subsidiaries qualify as a discontinued operation.   Accordingly, financial results of the Disposed Subsidiaries have been reported as discontinued operations in the accompanying condensed consolidated statements of operations and comprehensive loss for all periods presented.
	For the three months ended September 30, 2013 our discontinued operations contained revenues of $17,395, loss before income taxes of $694,139, an income tax provision of $0 and Net Loss from discontinued operations of 694.194.  For the nine months ended September 30, 2013 our discontinued operations contained revenues of $14,484, loss before income taxes of $1,339,646, an income tax provision of $0 and Net Loss from discontinued operations of $1,339,646.
	As of September 30, 2014 and December 31, 2013, there were no assets or liabilities of discontinued operations because the entities were divested on September 25, 2013.

NOTES_RECEIVABLE

NOTES RECEIVABLE	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 6. NOTES RECEIVABLE
	As of September 30, 2014 and December 31, 2013 we had net notes receivable as follows:
		September 30, 2014		December 31, 2013
	Note receivable from former general director	$	-	$	1,834,302
	Less: Allowance for uncollectible note receivable		-		-1,834,302
	Total note receivable, net	$	-	$	-
	Former General Director TOT Money
	During the second quarter of 2013, our new CEO and newly appointed management of TOT Group Russia completed its analysis of its aggregator and mobile operator relationships. As part of this review, management determined that the former general director of TOT Money provided advances to aggregators, which exceeded the future processing volumes to be provided by these aggregators. As a result, management concluded that a significant portion of these advanced amounts would not be recoverable in the form of future business from the aggregators. The former general director assumed responsibility for a certain amount of these advances and entered into a settlement agreement for $3.8 million, which was discounted and then fully reserved. The settlement agreement was deemed uncollectible on February 10, 2014 when the former general director resigned.

ACCOUNTS_RECEIVABLE_AND_ADVANC

ACCOUNTS RECEIVABLE AND ADVANCES TO AGGREGATORS	9 Months Ended
	Sep. 30, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets [Text Block]	NOTE 7. ACCOUNTS RECEIVABLE AND ADVANCES TO AGGREGATORS
	Accounts receivable consist of amounts due from processors and Russian mobile operators. Total accounts receivable amounted to $3,958,769 and $10,619,289 at September 30, 2014 and December 31, 2013 respectively, consisting primarily of $2,369,597 and $9,118,849 of amounts due from Russian mobile operators and $1,589,173 and $1,498,620 of TOT Payments, Inc. merchant receivables at September 30, 2014 and December 31, 2013 respectively.
	The $1,589,173 and $1,498,620 of merchant receivables are presented net of a $103,030 and $2,111,303 allowance for doubtful accounts. There were additional charges to provision for loan losses for the nine months ended September 30, 2014 for $337,557 for ACH rejects in the normal course of operations and a ($1,640,111) recovery as a result of an adjustment to the allowance for bad debts for our Russian operations.
	The cycle of the TOT Payments processing business begins when TOT Payments charges merchants for processing services, based on a variable percentage of the dollar amount of each transaction and in some instances, additional fees are charged for each transaction. Merchant customers also may be charged miscellaneous fees, including statement fees, annual fees monthly minimum fees, fees for handling chargebacks, gateway fees, and fees for other miscellaneous service.
	The cycle of the Russian TOT Money mobile payment processing business begins with TOT Money advancing funds to aggregators for data traffic to be provided to mobile operators. Aggregators provide transactions to TOT Money for processing and billing to contract mobile operators. The mobile operator contracts and associated receivables are with the three largest mobile telecommunications companies in Russia: Mobile TeleSystems OJSC, MegaFon OJSC and OJSC VimpelCom. We do not reserve for these accounts receivable given payment history that the Company has with each mobile operator and the size of each mobile operator company. The collection cycle with mobile operators is approximately 45 days.
	We monitor all accounts receivable, notes receivable and transactions with mobile operators and aggregators on a monthly basis to ensure collectability and the adequacy of loss provisions. Considerations include payment history, business volume history, financial statements of borrower, projections of borrower and other standard credit review documentation. Management uses its best judgment to adequately reserve for future losses after all available information is reviewed.

FIXED_ASSETS

FIXED ASSETS	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 8. FIXED ASSETS
	Fixed assets are stated at cost less accumulated depreciation and amortization as follows:
		Useful life
		(in years)	September 30, 2014		December 31, 2013
	Furniture and equipment	10-Mar	$	94,712	$	236,432
	Computers	5-Feb		15,659		254,280
	Total			110,371		490,712
	Less: Accumulated depreciation			-65,613		-353,445
	Total fixed assets, net		$	44,758	$	137,267
	* Leasehold improvements are amortized over the shorter of the economic useful life or the lease term.
	Depreciation expense was $18,154 and $42,964 for the three months ended September 30, 2014 and 2013, respectively, and $76,012 and $113,250 for the nine months ended September 30, 2014 and 2013, respectively.

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 9.  INTANGIBLE ASSETS
	Merchant Portfolios
	The following table reflects our merchant portfolio at cost and net carrying value as of September 30, 2014 and December 31, 2013:
	September 30, 2014:
					Remaining
					Useful Life in		Accumulated
		Cost			Months		Amortization			Net
	TOT BPS, LLC	$	1,852,851		15		$	1,778,670		$	74,181
	TOT HPS, LLC		102,050		15			97,958			4,092
	TOT FBS, LLC		968,010		22			673,786			294,223
	UPS Portfolios		1,131,000		33-34.5			132,081			998,919
		$	4,053,911				$	2,682,496		$	1,371,415
	December 31, 2013:
				Remaining
		Fair		Useful Life in				Accumulated
		Market Value		Months				Amortization			Net
	TOT BPS, LLC	$	1,852,851			15		$	852,247		$	1,000,604
	TOT HPS, LLC		102,050			15			46,939			55,111
	TOT FBS, LLC		968,010			22			325,304			642,706
		$	2,922,911					$	1,224,490		$	1,698,421
	The useful lives of merchant portfolios represent management’s best estimate over which we will recognize the economic benefits of these intangible assets. During the three months ended September 30, 2014 we purchased the rights to residuals resulting in a net increase of its cash flow of approximately $60,000. We are amortizing the cost of this portfolio over 36 months.
	We capitalize certain development costs. Specifically, costs to develop software. Costs for maintenance and minor updates are expensed as incurred. Capitalized costs are amortized over 24 months on a straight-line basis. We also capitalize projects from the point of start to the point the application, service or website is publicly launched. Amortization is straight-line over 24 months. Impairment is reviewed quarterly to ensure only viable active project costs are capitalized. The balances at September 30, 2014 and December 31, 2013 were $221,442, and $243,825 respectively.
	In connection with the Unified Payments acquisition in 2013, two key executives signed covenants not to compete. These covenants have a three-year life.
	At September 30, 2014, we had $2,523,172 of intangible assets of which $2,091,505 is attributed to TOT Group. Shown below are the details of intangible assets as of September 30, 2014:
		IP Sofware			Portfolios			Client Acquisition Costs			Covenant Not to Compete		Total
	Balance at December 31, 2013	$	243,825		$	1,698,421		$	380,511		$	641,667	$	2,964,424
	Additions		-			-			86,779			-		86,779
	Amortization		-7,461			-441,975			-43,542			-70,000		-562,978
	Balance at March 31, 2014	$	236,364		$	1,256,446		$	423,748		$	571,667	$	2,488,225
	Additions					1,095,000			65,277					1,160,277
	Amortization		-7,461			-482,808			-35,386			-70,000		-595,655
	Balance at June 30, 2014	$	228,903		$	1,868,638		$	453,639		$	501,667	$	3,052,847
	Additions					36,000			100,675					136,675
	Amortization		-7,461			-533,223			-55,666			-70,000		-666,350
	Balance at September 30, 2014	$	221,442		$	1,371,415		$	498,648		$	431,667	$	2,523,172
	Amortization expense was $666,350 and $754,021 for the three months ended September 30, 2014 and 2013, respectively, and $1,824,983 and $1,336,409 for the nine months ended September 30, 2014 and 2013, respectively.
	The following table presents the estimated aggregate future amortization expense of other intangible assets:
	Year	Amortization Expense
	2014	$	407,701
	2015		1,031,135
	2016		639,799
	2017		331,727
	2018		112,810
	Total	$	2,523,172

SHORT_TERM_LOANS

SHORT TERM LOANS	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]
Short-Term Debt Disclosure [Text Block]	NOTE 10. SHORT TERM LOANS
	At September 30, 2014 and December 31, 2013, we had approximately $2,939 and $8,478,810, respectively, in short term loans payable under a factoring agreements with Alfa-Bank that was entered into by our Russian subsidiary, TOT Money.
	Factoring Agreement
	In September 2012, TOT Money entered into a factoring agreement with Alfa-Bank. Pursuant to the agreement, as amended (as amended and supplemented prior to the date hereof by supplement agreements, the “Factoring Credit Facility”), TOT Money assigned to Alfa-Bank its accounts receivable as security for financing for up to 300 million Russian rubles (approximately $9.8 million in U.S. dollars). The amount loaned by Alfa-Bank pursuant to the  Factoring Credit Facility with respect to any particular account receivable is limited to 80% of the amount of the account receivable assigned to Alfa-Bank. Pursuant to the Factoring Credit Facility, Alfa-Bank is required to track the status of TOT Money’s accounts receivable, monitor timeliness of payment of such accounts receivable and provide related services. Interest on the factoring arrangement ranged from 9.70% to 11.95% annually of the amounts borrowed, with servicing fees ranging from 10 Russian rubles (approximately $0.33 in U.S. dollars) to 100 Russian rubles (approximately $3.28 million in U.S. dollars) per account receivable. TOT Money’s obligations under the  Factoring Credit Facility also are secured by a guarantee given by AO SAT & Company. AO SAT & Company is an affiliate of Kenges Rakishev, who is the Chairman of the Board of Directors of the Company.  The Factoring Credit Facility expired on April 20, 2014 and was repaid.
	On September 17, 2014, TOT Money entered into the Supplement Agreement No. 14 and the Supplement Agreement No. 15 with Alfa-Bank (“Amendment No. 15”), which renewed and amended the Factoring Credit Facility. Pursuant to such amendments, the Factoring Credit Facility was renewed and will expire on June 30, 2016, the maximum aggregate limit of financing (secured by TOT Money’s accounts receivable) to be provided by Alfa-Bank to TOT Money under the Factoring Credit Facility was increased to 415 million Russian rubles (approximately US$ 10,814,614 based on the currency exchange rate on September 17, 2014), Alfa-Bank's compensation fees (commissions) for providing financing to TOT Money was amended to be computed as a financing rate that ranges from 13.22% to 14.50% of the amounts borrowed, depending upon the number of days in the period from the date financing is provided until the date the applicable account receivable is paid, and the maximum amount of financing on account of the monetary claim assigned by TOT Money to debtor was increased from 80% to 100% of the assigned amount of monetary claim against which the financing is effected.
	Credit Agreement
	In August, 2012, TOT Money entered into a Credit Agreement with Alfa-Bank. Pursuant to the Credit Agreement, Alfa-Bank agreed to provide a line of credit to TOT Money with the credit line limit set at 300 million Russian rubles (approximately $9.8 million in U.S. dollars). The interest rate on the initial amount borrowed of 53.9 million rubles (approximately $1.8 million in U.S. dollars) under the Credit Agreement is 3.55% per annum. The loan was secured by 55.0 million rubles of restricted cash (approximately $1.8 million in U.S. dollars). Alfa-Bank has the unilateral right to change the interest rate on amounts borrowed under the Credit Agreement from time to time in the event of changes in certain market rates or in Alfa-Bank’s reasonable discretion, provided that the interest rate may not exceed 14% per annum. Interest must be repaid on a monthly basis on the 25th of each month. Amounts borrowed under the Credit Agreement must be repaid within six months of the date borrowed. The line of credit expired on May 20, 2014. TOT Money’s obligations under the Credit Agreement are secured by a pledge of TOT Money’s deposits in its deposit account with Alfa-Bank and by a guarantee given by AO SAT & Company. The balance outstanding on the line of credit was $0 at December 31, 2013. We did not renew this Credit Agreement upon its expiration on May 20, 2014.

ACCRUED_EXPENSES

ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2014
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 11. ACCRUED EXPENSES
	At September 30, 2014 and December 31, 2013, accrued expenses amounted to $2,413,418 and $3,484,963, respectively. Accrued expenses represent expenses that are owed at the end of the period and have not been billed by the provider or are estimates of services provided. The following table details the items comprising the balances outstanding as of September 30, 2014 and December 31, 2013.
		September 30, 2014		December 31, 2013
	Accrued professional fees	$	267,840	$	711,340
	Short Term Loan Advances		-		240,000
	Accrued income and VAT taxes		-		350,743
	Promotional expense		39,642		261,311
	Accrued interest		-9,146		196,396
	Accrued payroll		38,970		282,804
	Accrued bonus		1,367,083		1,265,597
	Other accrued expenses		709,029		176,772
		$	2,413,418	$	3,484,963
	Accrued bonuses were approximately $1.4 million and $1.3 million at September 30, 2014 and December 31, 2013, respectively, which are attributed to the TOT Group subsidiaries, consisting of bonuses that were owed at the date of the Unified Payments acquisition, plus a discretionary bonus accrual.

LONG_TERM_DEBT

LONG TERM DEBT	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	NOTE 12. LONG TERM DEBT
	Long term debt consisted of the Following:
		September 30,		December 31,
		2014		2013
	MBF Merchant Capital LLC	$	-		5,000,584
	RBL Capital Group, LLC		3,315,000		2,565,306
	Capital Sources		-		2,300,000
	Georgia Notes		-		11,098,066
	Other		-		107,668
	Subtotal	$	3,315,000	$	21,071,624
	Less Current Portion		-98,493		-3,816,093
	Long Term Debt	$	3,216,507	$	17,255,531
	MBF Merchant Capital, LLC
	Our note payable to MBF Merchant Capital, LLC (“MBF”) was restructured in May 2014 and repaid in July 2014. The restructuring in May 2014 exchanged $5.0 million in notes payable for (i) a $3.0 million note with a stated interest rate of 12.0% maturing on August 2018 (ii) 100,000 shares of our common stock and (iii) a cash payment of $400,000. The terms of the note restructuring required monthly principal and interest payments of $79,001 commencing September 10, 2014 and ending August 10, 2018. For the first three months of the loan, we were only required to make interest-only payments in the amount of $30,000 per month commencing on June 10, 2014 and ending August 10, 2014. In connection with the MBF loan restructuring, we have agreed to make a contingent payment to MBF in the amount of $500,000 in the event that we exercise our right to redeem the warrants outstanding. The restructuring was accounted for as an extinguishment, and the $1,800,000 decrease in the loan principal, resulted in a $1,596,000 gain on the debt restructure and is reported in the other income section of the Statements of Operations and Comprehensive Loss for the three and nine month periods ending September 30, 2014. On July 17, 2014 the balance of the $3,000,000 was refinanced by a facility issued by RBL Capital Group.
	RBL Capital Group, LLC and Cayman Invest, S.A.
	Effective July 17, 2014 we entered into an agreement with RBL Capital Group whereby we repaid the remaining balance of the above mentioned MBF loan. The new loan required a $65,000 loan fee and provided the company with an additional $239,150 in additional loan proceeds. The loan provides for interest only payments at 13.90% interest through January 2015, commencing on August 20, 2014 then monthly interest and principal payments of $90,421 through January 2019. The note balance was determined as follows:
	MBF Loan Payoff	$	3,000,000
	Additional Loan Proceeds		239,150
	Loan cost		65,000
	Prorated interest costs		10,850
	Total RBL Capital Note	$	3,315,000
	Effective June 30, 2014, TOT Group, Inc. and its subsidiaries as co-borrowers, TOT Payments, LLC, TOT BPS, LLC, TOT FBS, LLC, Process Pink, LLC, TOT HPS, LLC and TOT New Edge, LLC, entered into a Loan and Security Agreement with RBL Capital Group, LLC (“RBL”), as lender (the “RBL Loan Agreement”). Pursuant to the RBL Loan Agreement, RBL agreed to extend to the co-borrowers a credit facility under which such co-borrowers may borrow up to $10,000,000 from RBL during the period of 18 months from the closing of this credit facility. Prior to maturity of the loan, the principal amount of the borrowings under the credit facility will carry a fixed interest rate of the higher of 13.90% per annum or the prime rate plus 10.65%. After maturity of the loan, until all borrowings are paid in full, with respect to the advances under the credit facility, an additional three percent per annum would be added to such interest rate, and for any other amounts, obligations or payments due to RBL, an annual default rate will not to exceed the lesser of (i) the prime rate plus 13% per annum and (ii) 18.635% per annum.
	The co-borrowers’ obligations to RBL pursuant to the RBL Loan Agreement are secured by a first priority security interest in all of the co-borrowers’ tangible and intangible assets, including but not limited to their merchants, merchant contracts and proceeds thereof, and all right title and interest in co-borrowers’ processing contracts, contract rights, and portfolio cash flows with all processors of co-borrowers.
	On April 7, 2014 we repaid the two notes payable to RBL, with a combined aggregate principal balance of $2,350,956, and $2,601,843, inclusive of interest and prepayment fees:
	The first note payable to RBL had an interest rate of  15.635%, requiring monthly payments of $77,560 and was secured by the residuals received from Cynergy Data. RBL had waived the requirement for monthly payments to increase to $125,000 in the event that the cash flow ratio at the end of any calendar month, as defined, was less than 2:1 for two consecutive months. The note was subject to prepayment penalties, and was collateralized by a security agreement that provides RBL with a senior priority security interest in the Company assets. We had been making interest-only payments since July 2013.
	The second note payable to RBL also had an interest rate of 15.635%, requiring monthly payments of $84,584 and was secured by residuals received by a legacy processor of TOT BPS, LLC. RBL had waived the requirement for monthly payments to increase to $125,000 in the event that the cash flow ratio at the end of any calendar month, as defined, was less than 1.7:1 for three consecutive months.
	On April 21, 2014, we entered into a Secured Convertible Senior Promissory Note (the “Note”) with Cayman Invest, S.A. (“CI”). Pursuant to the Note, CI agreed to loan $11,200,000 to us. No interest accrued under the Note; provided, however, that upon a default under the Note, the Note would accrue simple interest at 12% per annum. Prior to March 31, 2015, effective upon a first financing closing after the date of the Note, in which we receive financing of at least $10 million from a third party (the “Qualified Financing”), the entire principal amount of the Note would be automatically converted into common shares equal to 15% of the then outstanding shares of the Company. Effective upon an equity financing after the date of this Note in which we issue stock, (other than a Qualified Financing) or at any time before or after March 31, 2015, at the option of CI, the entire principal amount of the Note could be converted into common shares equal to 15% of the then outstanding shares of the Company. Unless converted, the outstanding amount under the Note would be due and payable on the earlier of March 31, 2015 and the closing of a sale of a majority of the ownership of the Company or any voluntary or involuntary liquidation, dissolution. or winding up of the Company. Under the Note, we agreed to take all actions to have the obligations under the Note positioned as a senior security interest secured by all of the Company’s assets and by those payment processing portfolios owned as of the date of the Note. On June 30, 2014, as a result of the closing of the credit facility under the RBL Loan Agreement, the entire principal amount of the CI Note was converted into 5,569,158 shares of common stock constituting 15% of the then outstanding shares of common stock the Company. Accordingly, the CI Note is no longer outstanding.
	Capital Sources of New York and Georgia Notes LLC
	The unsecured $2,300,000 note payable to Capital Sources of New York (“CSNY”) originally required interest-only payments at 15.0% through February 1, 2014, followed by 24 equal principal and interest installments of $111,519. On April 17, 2014 we restructured the note with CSNY, whereby the interest rate on outstanding indebtedness was reduced from 15.0% to 12.0%, with interest-only payments for a 24-month period commencing, April 1, 2014, followed by $108,268 principal and interest payments for the following 24 months commencing May 2016.
	In January 2014, the preferred membership interests in Unified Payments plus accrued payment in kind (PIK) interest thereon was converted to an  8% interest-only loan with a face value of approximately $13.3 million (known as Georgia Notes 18, LLC Note). The loan matured on January 1, 2017.
	On September 15, 2014 the Company completed a debt exchange program with Crede Capital, LLC, which eliminated both the Capital Sources and Georgia Notes debt obligations. In addition the transaction eliminated certain unamortized related accrued interest and debt discount. On September 15, 2014, the Company entered into a Master Exchange Agreement with Crede CG III, Ltd., an exempted company incorporated under the laws of Bermuda (“Crede”). Prior to entering into the Agreement, Crede acquired two existing promissory notes that had been previously issued by the Company, one with $2,343,500 principal amount outstanding plus interest due to Capital Sources of New York and the other with $13,533,360 principal amount outstanding plus interest due to Georgia Notes 18, LLC. Pursuant to the Agreement, the Company and Crede agreed to exchange, in whole or in part, these promissory notes for such number of shares of the Company’s common stock as determined under the Agreement based upon 80% of the volume-weighted average trading price of the Common Stock for a specified period of time (up to 90 trading days) subsequent to each exchange (the “True-Up Period”).
	Crede elected to exchange the entire amount of both promissory notes on September 15, 2014. The “exchange price” for this initial exchange was $5.70. Accordingly, on September 15, 2014, the Company exchanged 125% of the principal and interest under both promissory notes into 3,481,768 shares of the Company’s Common Stock. As this number of shares is subject to adjustments over the True-Up Period following this exchange, the Company issued to Crede an additional 2,321,177 for such adjustments. The number of shares was determined by dividing the aggregate amount of the promissory notes by 80% of the volume-weighted average trading price of the Common Stock during the True-Up Period.
	The transaction was recorded as a $2,462,987 loss which included in extinguishment of debt. The effects of the transaction were as follows:
	Total Shares Provided		5,802,945
	Market Price Sept 15, 2014	$	2.88
	Value of Stock Issued	$	16,712,482
	Georgia Notes		-13,268,000
	Accrued interest		-345,360
	Discount on Georgia Notes		1,663,865
	Capital Sources		-2,300,000
	Loss on Debt Extinguishment	$	2,462,987
	Scheduled Debt Principal Maturities
	Scheduled principal maturities on RBL indebtedness at September 30, 2014 is as follows:
	Year ended December 31, 2014	$	-
	Year ended December 31, 2015		606,567
	Year ended December 31, 2016		755,512
	Year ended December 31, 2017		867,484
	Year ended December 31, 2018		996,051
	Year ended December 31, 2018		89,386
	Total	$	3,315,000
	Less Unamortized Debt Discount		-
	Balance as of September 30, 2014	$	3,315,000

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 13. COMMITMENTS AND CONTINGENCIES
	Leases
	In May 2013, we entered into a lease agreement and relocated our corporate headquarters and principal executive offices to North Miami Beach, Florida. The term of the lease agreement is from May 1, 2013 through December 31, 2016, with monthly rent at the rates of $16,800 per month (or $134,400 for the initial eight-month period) for the period from May 1, 2013 through December 31, 2013, $17,640 per month (or $211,680 per year) for the period from January 1, 2014 through December 31, 2014, $18,522 per month (or $222,264 per year) for the period from January 1, 2015 through December 31, 2015 and $19,448 per month (or $233,377 per year) for the period from January 1, 2016 through December 31, 2016. Total rent expense for this lease was $57,445 and $189,354 for the three and nine months ended September 30, 2014, respectively, and $92,948 and $253,967 for the three and nine months ended September 30, 2013, respectively.
	We lease office space in Russia for $1,200 per month through September 2015. Total rent expense for these leases was $49,304 and $114,226 for the three and nine months ended September 30, 2014, respectively, and $67,387 and $200,458 for the three and nine months ended September 30, 2013, respectively.
	Total future lease payments are as follows:
	Year	Amortization Expense
	2014	$	67,907
	2015		233,683
	2016		233,376
	2017		-
	2018		-
	Total	$	534,966
	MBF Debt Restructure
	In connection with the MBF loan restructuring, we have agreed to make a contingent payment to MBF in the amount of $500,000 in the event that we exercise our right to redeem the warrants outstanding.
	Litigation
	First Data Corporation
	On July 30, 2013, TOT Payments, LLC, brought an action against First Data Corporation in the State of New York Supreme Court (Index No. 652663-2013). The amount of damages being sought is $10,000,000 per cause.  In its complaint, TOT Payments claims that the defendant breached its obligations pursuant to a 2006 Marketing Agreement entered into between Money Movers of America, Inc. (MMOA) and Paymentech, Inc. (the “MMOA Agreement”) to pay MMOA monthly residual income on various merchant accounts boarded with Paymentech pursuant to the MMOA Agreement.  TOT Payments, through a series of historic transactions, is the successor in interest to the rights and obligations of MMOA in the MMOA Agreement.  The defendant is the successor in interest to Paymentech.  On July 15, 2013, the defendant failed to pay to TOT Payments the monthly residuals otherwise due as the defendant alleges that the MMOA Agreement was lawfully terminated in April 2012 and that the defendant had 180 days after the termination notice to move the MMOA merchants to a new platform failing which the defendant could withhold residual payments and that the defendant would own all merchant accounts boarded under the MMOA Agreement. The amount of the unpaid residuals, are between $150,000 and $250,000 net of all interchange charges.  TOT Payments disputes receiving proper notice and is disputing the rights of the defendant to withhold monthly residuals due. There was an adjournment because of the motions made in the appellate division.  Plaintiffs’ opposition to Defendant’s motion to dismiss (for lack of standing) was filed on October 24, 2013. Defendant’s Reply to Plaintiff’s opposition was filed October 31, 2013.  Defendants filed both a memorandum in support and an affirmation in support to dismiss and oral argument was heard November 1, 2013.  The case was subsequently dismissed and an appeal has been filed. In July 2014, Plaintiffs and Defendants counsel met as part of the Appeals process to limit the scope of the Appeal and to try settle some of the claims. Independently of this, representatives of Plaintiff and Defendant are in discussions to attempt a settlement outside of the judicial process. As of the date hereof, the matter has not been settled and the Appeal is moving forward.
	OOO-RM Invest
	On March 17, 2014, the Company was served with a lawsuit brought by OOO-RM Invest in the US District Court, Southern District of Florida. In its complaint, OOO-RM Invest claims that on or about July 11, 2012 it entered into an “oral agreement” with the Company allegedly agreeing: (a) to form a new entity, TOT Money International, LTD that would continue the operations of Plaintiff; (b) that the Company would provide TOT Money International, LTD financing in the amount of 600,000,000 Russian rubles; (c) that the Company would assume certain liabilities of Plaintiff; (d) that the Company would be responsible for all business operations of Plaintiff and TOT Money International, LTD; (e) that the Company would deliver DST account and stated key DST structures  to TOT Money International, LTD; (f) that Plaintiff would receive a 30% ownership stake in TOT Money International, LTD and/or receive shares of stock in the Company; (g) that Tcahai Hairullaevich Katcaev would hold the position of General Director of TOT Money; (h) Plaintiff would provide TOT Money International, LTD with access to Plaintiff’s operating accounts; and (i) Plaintiff would transfer client accounts and contracts to TOT Money. Plaintiff claims that the Company breached its obligations pursuant to that alleged oral agreement, and is seeking, among other things, compensatory damages in excess of $50 million.  The Company strongly denies the allegations referenced in the complaint and engaged legal counsel to defend its interests.  A Motion to Dismiss on jurisdictional as well as substantive grounds was filed but denied by the court. Accordingly, this matter is proceeding.
	On August 12, 2014, legal counsel representing Net Element, Inc. received a Notice from the American Arbitration Association advising that the same Plaintiffs in the OOO-RM Invest case above have instituted a parallel Arbitration claim dealing with substantially the same issues as addressed in the lawsuit. As with the referenced lawsuit, the Company strongly contests the allegations referenced in the arbitration proceedings. Legal counsel representing the Company filed a Motion to Dismiss, or in the Alternative, Stay Arbitration in the federal court case.  That Motion was denied on the basis that there is a pending Motion to Dismiss on jurisdictional Grounds. In October 2014, our legal counsel filed a Motion to Dismiss with the Arbitrator on several grounds: (1) by filing the federal court action OOO-RM Invest waived its right to arbitrate and (2) OOO-RM Invest should not be permitted to pursue the same relief in two actions.  This matter is pending a decision by the Arbitrator.
	Gene Zell
	In June 2014, the Company, as plaintiff, commenced an action in the Miami-Dade Circuit Court, Florida against Gene Zell for defamation of the Company and its CEO and tortious interference with the Company’s business relationships. In October 2014, the court granted a temporary injunction against Zell enjoining him from posting any information about the Company and its CEO on any website and enjoining him from contacting the Company’s business partners or investors.
	Wayne Orkin
	On June 27, 2014, the Company was served with a lawsuit filed in the Los Angeles County of the Superior Court of California by Wayne Orkin.  Orkin was a former employee of First Business Solutions, LLC (“FBS”), that was a subsidiary of Unified Payments, LLC.  The assets of Unified Payments, LLC were acquired by the Company in April 2013. Unified Payments, LLC is also a named defendant in this lawsuit.  In his complaint, Orkin is claiming a “unity of interest in ownership” between the Defendants and that each of the named defendants were agents, alter egos and authorized representatives of one another.  Orkin claims that the defendants breached its obligations pursuant to a verbal agreement allegedly into entered into in 2010 whereby he would allegedly be entitled to certain royalties resulting from the sales of a payment browser technology purchased by FBS from Orkin’s entity.  The Plaintiff is claiming unspecified damages for alleged breach of contract, breach of covenant of good faith and fair dealing, misappropriation of technology, fraud and conversion. The Company has asserted that it never had any dealings with Orkin and strongly contests all allegations contained in the Complaint.  The Company engaged California counsel to represent its interests.
	On September 23, 2014, The Court upheld the Motion to set aside a default judgment previously entered against Unified Payments. On the Motion to Dismiss (“demurrer”), Plaintiffs attorney advised the court they are planning to amend their complaint to attempt to address the deficiencies raised by our counsel. As the employment agreement between Orkin and FBS has an arbitration clause that is binding on Orkin in his lawsuit against Unified Payments for alleged breach of the employment agreement, the parties agreed in early November 2014 to stipulate to arbitration in Florida and to stay the California proceedings pending the outcome of the arbitration.
	Other Legal Proceedings
	We are involved in certain legal proceedings and claims which arise in the ordinary course of business. In the opinion of the management, based on consultations with outside counsel, the results of any of these ordinary course matters, individually and in the aggregate, are not expected to have a material effect on its results of operations, financial condition, or cash flows. As more information becomes available, if management should determine that an unfavorable outcome is probable on such a claim and that the amount of such probable loss that it will incur on that claim is reasonably estimable, it will record a reserve for the claim in question. If and when such a reserve is recorded, it could be material and could adversely impact our results of operations, financial condition, and cash flows.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 14. RELATED PARTY TRANSACTIONS
	In September 2013, we entered into a Contribution Agreement with T1T Lab and T1T Group, LLC, pursuant to which we contributed all of our membership and participation interests in our subsidiaries Openfilm, LLC, Motorsport, LLC, Splinex, LLC, LegalGuru, LLC and MUSIC 1 LLC (a/k/a OOO Music1) (collectively, the “Disposed Subsidiaries”) to T1T Lab. The Disposed Subsidiaries constituted all of the Company’s interests in online media businesses and operations (referred to herein collectively as our “entertainment assets”). Pursuant to the Contribution Agreement, we contributed to T1T Lab all of our membership and participation interests in the Disposed Subsidiaries and agreed to make contributions to T1T Lab in the amount of $1,259,000. In exchange for such contributions, we received a 10% membership interest in T1T Lab, and T1T Lab assumed $2,162,158 in liabilities (inclusive of $2,000,000 owed by us to K1 Holding Limited pursuant to a promissory note dated May 13, 2013) related to the Disposed Subsidiaries. In addition, all intercompany loans payable and receivable between the Disposed Subsidiaries to us were extinguished by us and T1T Lab (as applicable). Total intercompany loans forgiven us, net of the total intercompany loans forgiven by the Disposed Subsidiaries, was $9,254,725. The remaining 90% membership interest in T1T Lab was owned by T1T Group, LLC, an entity wholly-owned by Enerfund, LLC (an entity wholly-owned by Mike Zoi, a stockholder of the Company). In February 2014, we executed an Assignment of Membership Interest in favor of T1T Group, LLC. Pursuant to such assignment, we transferred our 10% Interests in T1T Lab to T1T Group, LLC in consideration for us being released from all of its obligations to T1T Lab (including the obligations to make capital contributions to T1T Lab). Oleg Firer, previously appointed as an Executive of T1T Lab, resigned his position with T1T Lab.
	In September 2013, we entered into a letter agreement, dated as of August 28, 2013, with Oleg Firer, Steven Wolberg, Georgia Notes 18, LLC and Vladimir Sadovskiy, pursuant to which we agreed, subject to approval of our shareholders, to issue such number of shares of Common Stock equal to 10% of our issued and outstanding Common Stock as of the date of issuance of such shares in exchange for our acquisition of the outstanding 10% noncontrolling interest in TOT Group, Inc. Pursuant to this agreement, we are obligated to issue to Mr. Firer (who is Chief Executive Officer and a director of the Company) 4.5% of our issued and outstanding Common Stock as of the date of issuance of such shares, and to Mr. Wolberg (who is Chief Legal Officer and Secretary of the Company) 2% of our issued and outstanding Common Stock as of the date of issuance of such shares.
	In December 2013, we entered into a Services Agreement with K1 Holding (the “Services Agreement”). K1 Holding is an affiliate of Igor Yakovlevich Krutoy. Mr. Krutoy, through K1 Holding, owns a  33% interest in our former subsidiary OOO Music1. The Services Agreement provides for K1 Holding to provide investor relations services outside the United States, and for K1 Holding to assist with future negotiations and relationships with Mobile TeleSystems OJSC, MegaFon OJSC, OJSC VimpelCom (a/k/a Beeline) and their respective affiliates (collectively, the “Mobile Carriers”). The term of the Services Agreement expires on December 5, 2015. In connection with the agreement, we are required to issue to K1 Holding a number of restricted shares of common stock equal to 4% of the total issued and outstanding shares of common stock of the Company at the time of issuance. On June 30, 2014, we issued 1,140,809 shares to K1 Holding representing approximately 4% of the total issued and outstanding shares on that date.
	On September 11, 2014, per recommendation of the Compensation Committee of the Board of Directors of the Company, the Board of Directors approved and authorized the issuance to Oleg Firer, the Chief Executive Officer of the Company, 1,438,137 restricted shares of common stock of the Company to compensate for Oleg Firer’s efforts and results of effectuating the Company’s debt and equity financings in the first half of 2014. The stock award vests in three equal installments of 479,379 shares on November 11, 2014, November 11, 2015 and November 11, 2016.
	On September 30, 2014, we had $77,129 due to related parties, primarily due to Enerfund. At December 31, 2013, we had $1,451,357 due to related parties, consisting primarily of $1,149,391 due to T1T Lab, and $301,966 due to Enerfund. Pursuant to a letter agreement dated June 10, 2014, the Company agreed to pay Enerfund $77,128 and Enerfund agreed to forgive amounts due in excess of this amount. As a result, the Company recorded a gain of $241,173 for the quarter ended September 30, 2014 when we adjusted our related party payable from Enerfund from $301,966 to $77,129. The $77,129 due to Enerfund was paid in October 2014.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]
Stockholders Equity Note Disclosure [Text Block]	NOTE 15. STOCKHOLDERS’ EQUITY
	Share Repurchase Program
	During December 2012, we announced a Board-approved plan permitting the repurchase of up to $2.5 million of issued and outstanding shares of our common stock in open market or privately negotiated transactions during the 24-month period ending December 10, 2014. We did not repurchase any shares during the nine months ended September 30, 2014. For the nine months ended September 30, 2013, we repurchased 170,322 shares of its common stock for $477,966 or an average of $2.81 per share including 137,207 shares that were repurchased in a private transaction outside the parameter of the publicly announced repurchase plan.
	Purchase of Noncontrolling Interest in TOT Group, Inc.
	In September 2013, we entered into a letter agreement with Oleg Firer, Steven Wolberg, Georgia Notes 18, LLC and Vladimir Sadovskiy, pursuant to which we agreed, subject to approval of the Company’s shareholders, to issue such number of shares of Common Stock equal to 10% of the Company’s issued and outstanding Common Stock as of the date of issuance of such shares in exchange for our acquisition of the outstanding 10% minority interest in our 90%-owned subsidiary, TOT Group, Inc. Pursuant to this agreement, we were obligated to issue to Mr. Firer (who is our Chief Executive Officer and a director) 4.5% of our issued and outstanding Common Stock as of the date of issuance of such shares, and to Mr. Wolberg (who is our Chief Legal Officer and Secretary) 2% of the Company’s issued and outstanding Common Stock as of the date of issuance of such shares. The agreement was subject to shareholder approval which occurred in December 2013. We recorded a compensation charge of $13,305,817, representing the value of the shares issued to Messrs. Firer and Wolberg. Effective June 30, 2014, the parties to the letter agreement executed Amendment No. 1. Prior to the date of this Amendment No. 1 (June 30, 2014), the parties calculated the number of shares to be issued is to reflect shares that constitute a 10% interest in the Company on the pre-share issuance basis.  Effective the date of this Amendment No. 1 (June 30, 2014), the parties agree that the number of shares to be issued is to be calculated to reflect shares that constitute a 10% ownership in the Company on the a post-share issuance basis. As a result of this amendment, we recorded an additional compensation charge of $617,093 for the issuance of 323,085 additional shares at June 30, 2014. Pursuant to this letter agreement, as amended, we issued to Mr. Firer (who is Chief Executive Officer and a director of the Company) 1,411,135 restricted shares of Common Stock representing 4.5% of our issued and outstanding Common Stock as of the date of issuance of such shares, and to Mr. Wolberg (who is Chief Legal Officer and Secretary of the Company) 627,171 restricted shares of Common Stock representing 2% of our issued and outstanding Common Stock as of the date of issuance of such shares.
	Equity Incentive Plan
	On December 5, 2013, our Board submitted and the shareholders approved the Net Element International, Inc. 2013 Equity Incentive Plan (the “2013 Plan”). The purpose of the 2013 Plan is to encourage and enable our employees, independent contractors and directors to acquire a proprietary interest in the Company through the ownership of the Company’s Common Stock and other rights with respect to Common Stock. Such ownership is intended to provide such employees, independent contractors and directors with a more direct stake in the future welfare of the Company. It is also expected that the 2013 Plan will encourage qualified persons to seek and accept employment with the Company and its subsidiaries and to become and remain directors of the Company. Awards under the 2013 Plan may be granted in any one or all of the following forms: (i) incentive stock options (“Incentive Stock Options”) meeting the requirements of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”); (ii) non-qualified stock options (“Non-Qualified Stock Options”) (unless otherwise indicated, references to “Options” include both Incentive Stock Options and Non-Qualified Stock Options); (iii) stock appreciation rights (“Stock Appreciation Rights”), which may be awarded either in tandem with Options (“Tandem Stock Appreciation Rights”) or on a stand-alone basis (“Nontandem Stock Appreciation Rights”); (iv) shares of Common Stock that are restricted (“Restricted Shares”); (v) units representing shares of Common Stock (“Performance Shares”); (vi) units that do not represent shares of Common Stock but which may be paid in the form of Common Stock (“Performance Units”); and (vii) shares of Common Stock that are not subject to any conditions to vesting (“Unrestricted Shares”). The maximum aggregate number of shares of Common Stock available for award under the 2013 Plan is 5,630,000, subject to adjustment as provided for in the 2013 Plan. Shares of Common Stock issued pursuant to the 2013 Plan may be either authorized but unissued shares or issued shares that have been reacquired. In the event that prior to the end of the period during which Options may be granted under the 2013 Plan, any Option or any Nontandem Stock Appreciation Right under the 2013 Plan expires unexercised or is terminated, surrendered or cancelled (other than in connection with the exercise of Stock Appreciation Rights) without being exercised in whole or in part for any reason, or any Restricted Shares, Performance Shares or Performance Units are forfeited, or if such awards are settled in cash in lieu of shares of Common Stock, then such shares will be available for subsequent awards under the 2013 Plan. The 2013 Plan is administered by the compensation committee. The compensation committee has the power and authority to, among other things: (i) grant Options and determine the purchase price of the Common Stock covered by each Option, the term of each Option, the number of shares of Common Stock to be covered by each Option and any performance objectives or vesting standards applicable to each Option; (ii) designate Options as Incentive Stock Options or Non-Qualified Stock Options and determine which Options, if any, will be accompanied by Tandem Stock Appreciation Rights; (iii) grant Tandem Stock Appreciation Rights and Non-tandem Stock Appreciation Rights and determine the terms and conditions of such rights; (iv) grant Restricted Shares and determine the terms of the restricted period and other conditions and restrictions applicable to such shares; (v) grant Performance Shares and Performance Units and determine the performance objectives, performance periods and other conditions applicable to such shares or units; (vi) grant Unrestricted Shares; and (vii) determine the employees, independent contractors and directors to whom, and the time or times at which, Options, Stock Appreciation Rights, Restricted Shares, Performance Shares, Performance Units and Unrestricted Shares will be granted. Awards may be made to all employees, independent contractors (including persons other than individuals) and directors of the Company or any of its subsidiaries. In determining the employees, independent contractors and directors to whom awards will be granted and the number to be covered by each award, the compensation committee will take into account the nature of the services rendered by such employees, independent contractors and directors, their present and potential contributions to the success of the Company and its subsidiaries and such other factors as the compensation committee deems relevant.
	Stock Issuances
	On September 15, 2014, we entered into a Master Exchange Agreement, (the “Agreement”) with Crede. Prior to entering into the Agreement, Crede acquired two existing promissory notes that had been previously issued by the Company, one with $2,343,500 principal amount outstanding plus interest due to Capital Sources of New York and the other with $13,533,360 principal amount outstanding plus interest due to Georgia Notes 18, LLC. Pursuant to the Agreement, the Company and Crede agreed to exchange, these promissory notes for such number of shares of the Company’s common stock, as determined under the Agreement based upon 80% of the volume-weighted average trading price of the Common Stock for a specified period of time (up to 90 trading days) subsequent to each exchange (the “True-Up Period”).
	The initial number of shares of Common Stock issuable upon exchange was determined by dividing (i) 125% of the principal and interest under the promissory note(s) to be exchanged, as well as any other amounts owed by the Company to Crede with respect to such promissory note(s) to be exchanged by (ii) an “exchange price” determined as the closing bid price of the Common Stock on the date of the applicable exchange (provided, however, that the Agreement provides that the “exchange price” for the initial exchange (described further below) is $5.70), in each case subject to adjustments over the True-Up Period following the exchange as set forth in the Agreement.
	Crede elected to exchange the entire amount of both promissory notes on September 15, 2014. The “exchange price” for this initial exchange was $5.70. Accordingly, on September 15, 2014, the Company exchanged 125% of the principal and interest under both promissory notes into 3,481,768 shares of Common Stock. As this number of shares was subject to adjustments over the True-Up Period following this exchange, the Company issued to Crede an additional 2,321,177 shares to finalize the transaction. The entire 5,802,945 issued shares was calculated at the end of the True-Up Period to by dividing the aggregate amount of the promissory notes by 80% of the volume-weighted average trading price of the Common Stock during the True-Up Period.
	On September 11, 2014, per recommendation of the Compensation Committee of the Board of Directors of the Company, the Board of Directors approved and authorized the issuance to Oleg Firer, the Chief Executive Officer of the Company, 1,438,137 restricted shares of common stock of the Company to compensate for Oleg Firer’s efforts and results of effectuating the Company’s debt and equity financings in the first half of 2014. The stock award vests in three equal installments of 479,379 shares on November 11, 2014, November 11, 2015 and November 11, 2016.
	During the quarter ended September 30, 2014, we accrued but did not issue  15,000 shares of common stock to the members of its Board of Directors and recorded compensation charges of $52,050.

WARRANTS

WARRANTS	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 16. WARRANTS
	At September 30, 2014, we had  8,938,900 warrants outstanding with a weighted average exercise price of $7.50 and a weighted average contract term of  3.01 years.
	Each Warrant entitles the registered holder thereof to purchase one share of our common stock at a price of $7.50 per share. The Warrants will be exercisable only if a registration statement relating to the shares of our common stock issuable upon exercise of the Warrants is effective and current.
	The Warrants will expire at 5:00 p.m., New York time, on October 2, 2017, or earlier upon redemption.
	At any time while the Warrants are exercisable and there is an effective registration statement covering the shares of common stock issuable upon exercise of the Warrants available and current, we may call the outstanding Warrants for redemption:
		•	in whole and not in part;
		•	at a price of $0.01 per Warrant;
		•	upon not less than 30 days¹ prior written notice of redemption (the 30-day redemption period) to each Warrant holder; and
		•	if, and only if, the last reported sale price of our common stock on The NASDAQ Capital Market equals or exceeds $15.00 per share for any 20 trading days within a 30 trading day period ending on the third business day prior to the notice of redemption to Warrant holders.
	We will not redeem the Warrants unless an effective registration statement covering the shares of common stock issuable upon exercise of the Warrants is effective and current throughout the 30-day redemption period.
	On January 22, 2013 we filed a post-effective amendment on Form S-3 to our registration statement on Form S-4 (File No. 333-182076), as subsequently amended, in order to register the issuance and sale of up to  4,600,000 shares of common stock upon the exercise of warrants that originally were issued by the Company (then known as Cazador Acquisition Corporation Ltd.) in connection with its initial public offering, which warrants became exercisable upon the consummation of the June 12, 2012 Merger Agreement between the Company and Net Element. Each warrant entitles the holder to purchase one share of common stock upon payment of the exercise price of $7.50 per share.
	On February 12, 2013 we filed a registration statement on Form S-3 (File No. 333-186621), as subsequently amended, in order to register (i) the resale from time to time by the selling security holders identified therein of up to  4,340,000 warrants originally issued Cazador Acquisition Corporation Ltd. To Cazador Sub Holdings Ltd. in connection with a private placement prior to the Company’s initial public offering and that became exercisable beginning on April 2, 2013, and (ii) the issuance and sale of up to 4,340,000 shares of common stock upon exercise of such warrants. Each warrant entitles the holder to purchase one share of common stock upon payment of the exercise price of $7.50 per share. Of the 4,340,000 warrants issued, Francesco Piovanetti (the former Chief Executive Officer and a former director of the Company) and David P. Kelley II (a current director of the Company) own  3,609,631 and  14,000 warrants, respectively, to purchase an aggregate of  3,623,631 shares of common stock.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 17. INCOME TAXES
	The Company recorded income tax expense of $57,602 and $0 from its foreign subsidiary in the third quarter of 2014 and 2013 respectively. There is no U.S. current or deferred income tax provision for the three months ended September 30, 2014.
	As of September 30, 2014 and September 30, 2013 the Company has a full valuation allowance on its net deferred tax assets. The Company’s net deferred tax assets are primarily composed of net operating loss carryforwards (“NOLs”), and basis difference in goodwill and intangibles. These NOLs total approximately $36.8 million and $30.6 million for federal and state, and approximately $9.5 million and $9.1 million for foreign as of September 30, 2014 and September 30, 2013, respectively. The timing and manner in which the Company will be able to utilize some of its NOLs is limited by Section 382 of the Internal Revenue Code of 1986, as amended (IRC). IRC Section 382 imposes limitations on a corporation’s ability to use its NOLs when it undergoes an “ownership change.” Generally, an ownership change occurs if one or more shareholders, each of whom owns 5% or more in value of a corporation’s stock, increase their percentage ownership, in the aggregate, by more than 50% over the lowest percentage of stock owned by such shareholders at any time during the preceding three-year period. Because on June 10, 2014, the Company underwent an ownership change as defined by IRC Section 382, the limitation applies to the Company. Losses that are subject to the current Section 382 limitation may only be utilized by the Company up to approximately $2.3 million per year, with any unused amounts carried forward to the following year. Absent an additional ownership change, our Section 382 limitation for 2014 will be approximately $1.3 million. The Company can still fully utilize the NOLs generated after the change of the ownership, which was approximately $1.2 million.
	In order to fully utilize the net deferred tax assets, the Company will need to generate sufficient taxable income in future years to utilize its NOLs prior to their expiration. ASC Topic 740, “ Income Taxes ”, requires the Company to analyze all positive and negative evidence to determine if, based on the weight of available evidence, the Company is more likely than not to realize the benefit of the net deferred tax assets. The recognition of the net deferred tax assets and related tax benefits is based upon the Company’s conclusions regarding, among other considerations, estimates of future earnings based on information currently available, current and anticipated customers, contracts and product introductions, as well as historical operating results and certain tax planning strategies.
	The Company has evaluated the available evidence and the likelihood of realizing the benefit of its net deferred tax assets. From its evaluation, the Company has concluded that based on the weight of available evidence, it is not more likely than not that the Company will realize any of the benefit of its net deferred tax assets. Accordingly, as of September 30, 2014, the Company maintained a full valuation allowance totaling approximately $18.5 million.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 18. SUBSEQUENT EVENTS
	On October 17, 2014, the Company filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission("SEC"). The registration statement is intended to provide the Company with increased financial flexibility to execute on its business strategy and invest in opportunities in mobile payments and value-added transactional services. Although the registration statement relating to these securities has been filed with SEC, it has not yet become effective.
	If and when the registration statement is declared effective by the SEC, the Company will be able to offer and sell, from time to time, up to $50 million of the Company's common stock, preferred stock, warrants, units and/or subscription rights in one or more offerings and in any combination, and certain selling security holders will be able to offer and sell, from time to time, up to 15.4 million shares of Company's common stock, each on the terms which will be described in prospectus supplements filed with the SEC, as applicable.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and reflect all adjustments, which are of a normal and recurring nature, that are, in the opinion of management, necessary for a fair presentation of our condensed consolidated financial position and results of operations for the related periods. All significant intercompany transactions and balances have been eliminated in consolidation. The consolidated results of operations for any interim periods are not necessarily indicative of results to be expected for the full year.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of expenses for the period presented. Actual results could differ from those estimates.
	Significant estimates include (i) the valuation of acquired merchant portfolios (ii) the recoverability of indeterminate-lived assets, (iii) the remaining useful lives of long-lived assets, and (iv) the sufficiency of merchant, aggregator, legal, and other reserves. On an ongoing basis, we evaluate the sufficiency and accuracy of our estimates. Actual results could differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents
	We maintain our U.S. dollar-denominated cash in several non-interest bearing bank deposit accounts. Prior to January 1, 2014, all U.S. non-interest bearing transaction accounts were fully insured, regardless of the balance in the account, at all FDIC insured institutions. At September 30, 2014, the bank balances exceed FDIC insured institution limits of $250,000 by approximately $800,000. The bank balances at December 31, 2013 did not exceed FDIC limits.
	We maintain approximately $114,503 and $46,000 in uninsured Russian, Ukraine and Cayman Islands bank accounts as of September 30, 2014 and December 31, 2013, respectively.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	Accounts Receivable
	Receivables are stated net of allowance for doubtful accounts. The Company estimates its allowance based on experience with its service providers and its judgment as to the likelihood of their ultimate payment. The Company also considers collection experience and makes estimates regarding collectability based on trends in aging. In Russia, the service providers are large telecommunication companies and we do not reserve for these receivables given their financial strengths and our experience with these service providers.
Other Current Assets [Policy Text Block]	Other Current Assets
	We maintain an inventory of terminals, which we use to service both merchants and independent sales agents. Where the terminals are sold for a fee, we record an expense for the cost of these terminals, plus any set up fees at the time of the sale. In cases where we provide the terminals as a multi-year incentive, the cost of the terminal plus any set up fees are deferred and amortized over the expected customer contract period, generally three years. At September 30, 2014, we have $493,599 in terminals, Apple® iPads and related equipment purchased, of which $325,021 has been placed with merchants. At December 31, 2013 we had $446,658 in terminals and Apple® iPads of which $170,378 had been placed. Amortization of these terminals amounted to $26,667 and $572 for the three months ended September 30, 2014 and 2013, and $72,038 and $572 for the nine months ended September 30, 2014 and 2013.
Property, Plant and Equipment, Policy [Policy Text Block]	Fixed Assets
	We depreciate our furniture, servers, software and equipment over a term of three to ten years. Computers and software are depreciated over terms between two and five years. Leasehold improvements are depreciated over the shorter of the economic life or term of each lease. All of our assets are depreciated on a straight-line basis for financial statement purposes.
	Expenditures for repairs and maintenance are charged to operating expense as incurred. Expenditures that increase the value or productive capacity of assets are capitalized. At the time of retirements, sales, or other dispositions of property and equipment, the original cost and related accumulated depreciation are removed from the respective accounts, and the gains or losses are presented as other expenses.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Intangible Assets
	Included in our intangible assets are merchant portfolios, which represent the net book value of an acquired merchant customer base, and are amortized on a straight-line basis over their respective useful lives, generally three to five years. Merchant portfolios are assessed for impairment if events or circumstances indicate that their respective carrying values are not recoverable from the future anticipated undiscounted net cash flows attributable to such assets. In such cases, the amount of any potential impairment would be measured as the excess, if any, of carrying value over the fair value of such assets.
	On July 30, 2013, our subsidiary, TOT Payments, LLC, brought an action against First Data Corporation (“FDR”). In its complaint, TOT Payments claims that FDR breached its obligations pursuant to a 2006 Marketing Agreement. Because the FDR case was dismissed, management has decided that the possibility of recovering fees is remote and therefore wrote off the remaining net asset value of the FDR Portfolio, for an impairment charge of $872,354 during the year ended December 31, 2013.
	We also capitalize direct expenses associated with filing of patents and patent applications and amortize the capitalized intellectual property costs over five years beginning when the patent is approved.
	Additionally, we capitalize the fair value of intangible assets acquired in business combinations. We perform valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocate the purchase price of each acquired business to its respective net tangible and intangible assets. Acquired intangible assets include: merchant portfolios, trade names, non-compete agreements, customer relationships and technology.
Capitalized Customer Acquisition Costs [Policy Text Block]	Capitalized Customer Acquisition Costs, Net
	Included in intangible assets are capitalized customer acquisition costs, which consist of up-front cash payments made to certain ISG’s for the establishment of new merchant relationships. Capitalized customer acquisition costs represent incremental, direct customer acquisition costs that are recoverable through gross margins (future net cash flows) associated with merchant contracts. The up-front payment to the ISG is based on the estimated gross margin for the first year of the merchant contract. The deferred customer acquisition cost asset is recorded at the time of payment and the capitalized acquisition costs are primarily amortized on a straight-line basis over a period of three years.
	Management evaluates the capitalized customer acquisition cost for impairment at each balance sheet date by comparing, on a pooled basis by vintage month of origination, the expected future net undiscounted cash flows from underlying merchant relationships to the carrying amount of capitalized customer acquisition costs. If the estimated future net cash flows are lower than the recorded carrying amount, indicating an impairment of the carrying value of the capitalized customer acquisition costs, the impairment loss is charged to operations.
	During the three and nine months ended September 30, 2014, we capitalized customer acquisition costs of $100,675 and $252,731, respectively, in additional capitalized customer acquisition costs and $55,666 and $134,594, respectively, in related additional amortization. During the three and nine months ended September 30, 2013, we recorded $79,356 and $361,736 in additional capitalized customer acquisition costs and $27,853 and $49,171 in related additional amortization, as operations did not begin for TOT Payments until April 16, 2013. The balance of customer acquisition costs, net of amortization is $498,648 and $380,511 at September 30, 2014 and December 31, 2013, respectively, and reflected in intangible assets in the accompanying condensed consolidated balance sheets.
Commissions, Policy [Policy Text Block]	Accrued Residual Commissions
	We pay commissions to independent sales groups (“ISGs”) based on the processing volume of the merchants enrolled. The commission payments are based on varying percentages of the volume processed by us on behalf of the merchants. Percentages vary based on the program type and transaction volume of each merchant. We report commission payments as a cost of revenues in the accompanying condensed consolidated statement of operations and comprehensive loss. The residual commission payable to ISGs and independent sales agents was $489,997 and $451,374 at September 30 2014 and December 31, 2013, respectively. We pay commissions on annual fees and defer and amortize these fees over a twelve month period. We pay our agents’ commissions, in advance of recognizing the revenue. At December 31, 2013 we deferred $115,700 of commissions on annual fees, which were included in prepaid expenses in the accompanying condensed consolidated balance sheet and will recognize the deferred fees over the next twelve months. As of September 30, 2014 and December 31, 2013 we had $28,922 and $115,700 respectively, in deferred commissions. Commission payables are included in accounts payable in the accompanying condensed consolidated balance sheets.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements
	Our financial instruments consist primarily of cash, accounts receivable, merchant portfolios, notes receivable, accounts payable and debt instruments. The carrying values of cash, accounts receivable and trade payables are considered to be representative of their respective fair values due to the short-term nature of these instruments. The carrying amount of the debt of $3,315,000 at September 30, 2014 and $21,071,624 at December 31, 2013 approximates fair value because our current borrowing rate does not materially differ from market rates for similar bank borrowings. The long-term debt is classified as a Level 2 item within the fair value hierarchy.
	We measure certain nonfinancial assets and liabilities at fair value on a nonrecurring basis. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. We use a three-level fair value hierarchy to prioritize the inputs used to measure fair value and maximizes the use of observable inputs and minimizes the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:
	Level 1 — Quoted market prices in active markets for identical assets or liabilities as of the reporting date
	Level 2 — Observable market based inputs or unobservable inputs that are corroborated by market data
	Level 3 — Unobservable inputs that are not corroborated by market data
	These non-financial assets and liabilities include intangible assets and liabilities acquired in business combinations as well as impairment calculations, when necessary. The fair value of the assets acquired and liabilities assumed in connection with the Unified Payments acquisition, as discussed in Note 4, were measured at fair value at the acquisition date. The fair values of our merchant portfolios are primarily based on Level 3 inputs and are generally estimated based upon independent appraisals that include discounted cash flow analyses based on our most recent cash flow projections, and, for years beyond the projection period, estimates based on assumed growth rates. Assumptions are also made regarding appropriate discount rates, perpetual growth rates, and capital expenditures, among others. In certain circumstances, the discounted cash flow analyses are corroborated by a market-based approach that utilizes comparable company public trading values, and, where available, values observed in private market transactions. The inputs used by management for the fair value measurements include significant unobservable inputs, and therefore, the fair value measurements employed are classified as Level 3. The goodwill impairment (see note 4) primarily was based on observable inputs using company specific information and is classified as Level 3.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations
	Our total net revenue was $15,782,475 for the nine months ended September 30, 2014. Of this amount, $14,234,441 was derived from processing of Visa®, MasterCard®, Discover® and American Express® card transactions and $1,548,033 was derived from processing of mobile electronic payments.
	The transaction processing revenues were derived from processing merchant customer transactions, which are processed primarily by two “third-party” processing networks. For the nine months ended September 30, 2014, we processed 60.62% of total revenue with Total System Services, Inc. (TSYS) as a settlement platform using Cynergy Data, LLC (Cynergy) as a conduit to TSYS, and 25.43% with Vantiv, Inc. (Vantiv) as a settlement platform.
	Our mobile electronic payment revenues were derived from merchant customer transactions, which are processed primarily by two mobile operators. For the nine months ended September 30, 2014, we processed 3.97% of its total revenue with Beeline, and 3.97% with Mobile TeleSystems OJSC (MTS).
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Transactions
	We are subject to exchange rate risk in its foreign operations Russia, the functional currency of which is Russian Ruble. In Russia, we generate service fee revenues and incur product development, engineering, website development, interest expense, and general and administrative costs and expenses. The Russian engineering operations pay a majority of their operating expenses in their local currencies, exposing us to exchange rate risk.
	We do not engage in any currency hedging activities.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition
	We recognize revenue when the following four basic criteria have been met: (1) persuasive evidence of a sales arrangement exists, (2) performance of services or delivery of goods has occurred, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. We consider persuasive evidence of a sales arrangement to be the receipt of a billable transaction from aggregators, signed contract or website advertising insertion order. Collectability is assessed based on a number of factors, including transaction history with the customer and the credit worthiness of the customer. If it is determined that the collection is not reasonably assured, revenue is not recognized until collection becomes reasonably assured, which is generally upon receipt of cash. We record cash received in advance of revenue recognition as deferred revenue.
	Our revenues for the three and nine month periods ended September 30, 2014 and 2013 are principally derived from the following sources:
	Transactional Processing Fees: Transactional processing fees are generated primarily from TOT Payments, which is our US credit card processing company.
	Our transactional processing company derives revenues primarily from the electronic processing of services including: credit, debit and electronic benefits transfer card processing authorized and captured through third party networks, check conversion and guarantee, electronic gift certificate processing, and equipment leasing and sales. These revenues are recorded as bankcard and other processing transactions when processed.
	Typically, fees charged to merchants for these processing services are based on a variable percentage of the dollar amount of each transaction and in some instances, additional fees are charged for each transaction. Merchant customers also may be charged miscellaneous fees, including statement fees, annual fees, monthly minimum fees, fees for handling chargebacks, gateway fees, and fees for other miscellaneous services.
	Service Fees:  Service fees are generated primarily from TOT Money’s mobile payment processing and service fees.
	We have multiple element arrangements that include bundled transactions with merchants encompassing annual PCI (payment card industry) fees, annual membership fees, and monthly processing fees.
	We account for bundled transactions in accordance with Accounting Standard Update No 2009-13, “Multiple–Deliverable Revenue Arrangements” (ASU 2009-13). ASU 2009-13 requires the use of the relative selling price method of allocating total consideration to units of accounting in a multiple element arrangement and eliminates the residual method. This accounting principle requires an entity to allocate revenue in an arrangement using estimated selling price deliverables if it does not have vendor specific objective evidence (VSOE) or third party evidence (TPE) of selling price.
	VSOE is the price charged when the same or similar product or service is sold separately. We define VSOE as a median price of recent stand-alone transactions that are priced within a narrow range. TPE is determined based on the prices charged by our competitors for a similar deliverable when sold separately.
	We evaluate each deliverable in its arrangements to determine whether it represents a separate unit of accounting. A deliverable constitutes a separate unit of accounting when it has stand-alone value to our customers. Our products (i.e., terminals) and services qualify as separate units of accounting under ASU 2009-13.
	The fair value for annual fees is based on the annual contract renewal price and is deemed to represent stand-alone selling price based upon VSOE. The fair value for processing is based on prices charged by our competitors for similar deliverables when sold separately and is deemed to represent stand-alone selling price based upon TPE.
	Deferred revenue represents primarily amounts received in advance for annual fee billings and are recognized on a pro rata basis over the annual service period.
	Generally, we (i) are the primary obligor in our arrangements with our merchant customers, (ii) have latitude in establishing the price of our services, (iii) have the ability to change the product and perform parts of the services, (iv) have discretion in supplier selection, (v) have latitude in determining the product and service specifications to meet the needs of our merchant customers, and (vi) assume credit risk. In such cases, we report revenues as gross of fees deducted by our sponsoring member banks, as well as fees deducted from card-issuing member banks and card associations (Visa® and MasterCard®) on behalf of our sponsoring member banks for interchange and assessments. These fees charged by the card associations to process the credit card transactions are recorded separately as cost of sales and interchange fees in the accompanying condensed consolidated statement of operations and comprehensive loss.
	Revenues from TOT Money are recognized as a percentage of amounts billed to mobile operators. Revenue is recognized when TOT Money’s billing system is able to create a billable transaction for a mobile operator. Billable transactions are created and submitted to TOT Money by content aggregators.
	Each month, mobile operators provide TOT Money with detail supporting the transactions received by the mobile operator. TOT Money reconciles the data provided by the mobile operator to its internal billing system. Pursuant to the mobile operator agreements, any total billing difference under 5% is considered immaterial and TOT Money accepts the mobile operator data as accurate. Any differences from content providers that exceed 5% of the amount billed are researched, reconciled and addressed with the mobile operator.
	Funds received by TOT Money from mobile operators include amounts due to aggregators for supplying us with billable transactions from content providers. Revenues are presented net of aggregator payments on the condensed consolidated financial statements of TOT Money as the collections are considered to be agency fees. TOT Money serves as agent to the mobile operators, performing a service for a fee.
	Cost of services for TOT Money is comprised primarily of fees for short numbers provided by the mobile operators that are used to provide traffic from content providers.
	Cost of services for TOT Payments is comprised primarily of processing fees paid to third parties attributable to providing transaction processing and other services to the Company’s merchant customers. Interchange fees and cost of services are recognized as incurred, which generally occurs in the same period in which the corresponding revenue is recognized. Interchange fees are set by the card networks, and are paid to the card-issuing bank. Interchange fees are calculated as a percentage of the dollar volume processed plus a per transaction fee. We also pay Visa® and MasterCard® network dues.
Earnings Per Share, Policy [Policy Text Block]	Net Loss per Share
	Basic net loss per common share is computed by dividing net loss applicable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares issuable upon exercise of common stock options or warrants. In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would have an anti-dilutive effect. At September 30, 2014 and 2013, the Company had 8,398,900 warrants issued and outstanding that were anti-dilutive in effect.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets
	We review our long-lived assets for impairment whenever events or changes indicate that the carrying amount of an asset or group of assets may not be recoverable. During the nine months ended September 30, 2014 and 2013, the Company did not recognize any charges for impairment of goodwill and intangible assets.
Reclassification, Policy [Policy Text Block]	Reclassification of Prior Period Presentation
	Certain prior period amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.
Income Tax, Policy [Policy Text Block]	Income Taxes
	We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the condensed consolidated financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.
	We recognize net deferred tax assets to the extent that our management believes these assets are more likely than not to be realized. In making such a determination, management considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If management determines that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, an adjustment would be made to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.
	We account for uncertainty in income taxes using a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon settlement. We classify the liability for unrecognized tax benefits as current to the extent that we anticipate payment (or receipt) of cash within one year. Interest and penalties related to uncertain tax positions are recognized and recorded as necessary in the provision for income taxes. Our evaluation of uncertain tax positions was performed for the tax years ended December 31, 2008 and forward, the tax years, which remain subject to examination as of September 30, 2014. See note 17 for discussion of our uncertain tax positions.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Guidance
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09 (“ASU 2014-09”), Revenue from Contracts with Customers (Topic 606). Under ASU 2014-09, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 will be effective for the Company for annual reporting periods beginning after December 15, 2016. The Company is evaluating ASU 2014-09 to determine if this guidance will have a material impact on the Company’s condensed consolidated financial statements.
	In November 2014, the FASB issued Accounting Standards Update 2014-16 (“ASU 2014-16), Derivatives and Hedging (Topic 815): Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (a consensus of the FASB Emerging Issues Task Force). ASU 2014-16 does not change the current criteria in GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required, but clarifies how current GAAP should be interpreted in the evaluation of the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share, reducing existing diversity in practice. The Company is evaluating ASU 2014-09 to determine if this guidance will have a material impact on the Company’s condensed consolidated financial statements.

MERGER_AND_ACQUISITION_TRANSAC1

MERGER AND ACQUISITION TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the fair value of consideration paid and the allocation of purchase price to the fair value of tangible and intangible assets and liabilities, including the estimated useful lives of acquired assets:
		(in Millions)
	Purchase Consideration:
	Assumption of Debt	$	20.6
	Issuance of TOT Group Stock (10%)		0.6
	Total Consideration Transferred	$	21.2
	Purchase Price Allocation to Identifiable assets acquired and liabilities assumed
	Current Assets	$	0.9
	Merchant Portfolios		4.4
	Other Intangible Assets		1
	Current Liabilities		-2.1
	Total Identifiable Net Assets		4.2
	Goodwill		17
	Total Purchase Price Allocation	$	21.2

NOTES_RECEIVABLE_Tables

NOTES RECEIVABLE (Tables)	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	As of September 30, 2014 and December 31, 2013 we had net notes receivable as follows:
		September 30, 2014		December 31, 2013
	Note receivable from former general director	$	-	$	1,834,302
	Less: Allowance for uncollectible note receivable		-		-1,834,302
	Total note receivable, net	$	-	$	-

FIXED_ASSETS_Tables

FIXED ASSETS (Tables)	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Fixed assets are stated at cost less accumulated depreciation and amortization as follows:
		Useful life
		(in years)	September 30, 2014		December 31, 2013
	Furniture and equipment	10-Mar	$	94,712	$	236,432
	Computers	5-Feb		15,659		254,280
	Total			110,371		490,712
	Less: Accumulated depreciation			-65,613		-353,445
	Total fixed assets, net		$	44,758	$	137,267
	* Leasehold improvements are amortized over the shorter of the economic useful life or the lease term.

INTANGIBLE_ASSETS_Tables

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	The following table reflects our merchant portfolio at cost and net carrying value as of September 30, 2014 and December 31, 2013:
	September 30, 2014:
					Remaining
					Useful Life in		Accumulated
		Cost			Months		Amortization			Net
	TOT BPS, LLC	$	1,852,851		15		$	1,778,670		$	74,181
	TOT HPS, LLC		102,050		15			97,958			4,092
	TOT FBS, LLC		968,010		22			673,786			294,223
	UPS Portfolios		1,131,000		33-34.5			132,081			998,919
		$	4,053,911				$	2,682,496		$	1,371,415
	December 31, 2013:
				Remaining
		Fair		Useful Life in				Accumulated
		Market Value		Months				Amortization			Net
	TOT BPS, LLC	$	1,852,851			15		$	852,247		$	1,000,604
	TOT HPS, LLC		102,050			15			46,939			55,111
	TOT FBS, LLC		968,010			22			325,304			642,706
		$	2,922,911					$	1,224,490		$	1,698,421
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Shown below are the details of intangible assets as of September 30, 2014:
		IP Sofware			Portfolios			Client Acquisition Costs			Covenant Not to Compete		Total
	Balance at December 31, 2013	$	243,825		$	1,698,421		$	380,511		$	641,667	$	2,964,424
	Additions		-			-			86,779			-		86,779
	Amortization		-7,461			-441,975			-43,542			-70,000		-562,978
	Balance at March 31, 2014	$	236,364		$	1,256,446		$	423,748		$	571,667	$	2,488,225
	Additions					1,095,000			65,277					1,160,277
	Amortization		-7,461			-482,808			-35,386			-70,000		-595,655
	Balance at June 30, 2014	$	228,903		$	1,868,638		$	453,639		$	501,667	$	3,052,847
	Additions					36,000			100,675					136,675
	Amortization		-7,461			-533,223			-55,666			-70,000		-666,350
	Balance at September 30, 2014	$	221,442		$	1,371,415		$	498,648		$	431,667	$	2,523,172
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The following table presents the estimated aggregate future amortization expense of other intangible assets:
	Year	Amortization Expense
	2014	$	407,701
	2015		1,031,135
	2016		639,799
	2017		331,727
	2018		112,810
	Total	$	2,523,172

ACCRUED_EXPENSES_Tables

ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2014
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	The following table details the items comprising the balances outstanding as of September 30, 2014 and December 31, 2013.
		September 30, 2014		December 31, 2013
	Accrued professional fees	$	267,840	$	711,340
	Short Term Loan Advances		-		240,000
	Accrued income and VAT taxes		-		350,743
	Promotional expense		39,642		261,311
	Accrued interest		-9,146		196,396
	Accrued payroll		38,970		282,804
	Accrued bonus		1,367,083		1,265,597
	Other accrued expenses		709,029		176,772
		$	2,413,418	$	3,484,963

LONG_TERM_DEBT_Tables

LONG TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	Long term debt consisted of the Following:
		September 30,		December 31,
		2014		2013
	MBF Merchant Capital LLC	$	-		5,000,584
	RBL Capital Group, LLC		3,315,000		2,565,306
	Capital Sources		-		2,300,000
	Georgia Notes		-		11,098,066
	Other		-		107,668
	Subtotal	$	3,315,000	$	21,071,624
	Less Current Portion		-98,493		-3,816,093
	Long Term Debt	$	3,216,507	$	17,255,531
Schedule of Debt [Table Text Block]	The note balance was determined as follows:
	MBF Loan Payoff	$	3,000,000
	Additional Loan Proceeds		239,150
	Loan cost		65,000
	Prorated interest costs		10,850
	Total RBL Capital Note	$	3,315,000
Schedule of Extinguishment of Debt [Table Text Block]	The transaction was recorded as a $2,462,987 loss which included in extinguishment of debt. The effects of the transaction were as follows:
	Total Shares Provided		5,802,945
	Market Price Sept 15, 2014	$	2.88
	Value of Stock Issued	$	16,712,482
	Georgia Notes		-13,268,000
	Accrued interest		-345,360
	Discount on Georgia Notes		1,663,865
	Capital Sources		-2,300,000
	Loss on Debt Extinguishment	$	2,462,987
Schedule of Maturities of Long-term Debt [Table Text Block]	Scheduled principal maturities on RBL indebtedness at September 30, 2014 is as follows:
	Year ended December 31, 2014	$	-
	Year ended December 31, 2015		606,567
	Year ended December 31, 2016		755,512
	Year ended December 31, 2017		867,484
	Year ended December 31, 2018		996,051
	Year ended December 31, 2018		89,386
	Total	$	3,315,000
	Less Unamortized Debt Discount		-
	Balance as of September 30, 2014	$	3,315,000

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Total future lease payments are as follows:
	Year	Amortization Expense
	2014	$	67,907
	2015		233,683
	2016		233,376
	2017		-
	2018		-
	Total	$	534,966

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Significant accounting policies [Line Items]
Long-term Debt, Total	$3,315,000				$3,315,000		$21,071,624
Cash Fdic Insured Amount Cash Noninterest Bearing Transaction Accounts	250,000				250,000
Cash Insured Amount, Exceed FDIC Limits	800,000				800,000
Foreign bank balances that are not FDIC insured	114,503				114,503		46,000
Terminals Acquired Amount, Net					493,599		446,658
Terminals Acquired Amount, Net Held With Merchants					325,021		170,378
Terminals Amortization Amount Net	26,667			572	72,038	572
Accrued Sales Commission, Current	489,997				489,997		451,374
Deferred Sales Commission	28,922				28,922		115,700
Impairment of Intangible Assets, Finite-lived							872,354
Property, Plant and Equipment, Depreciation Methods					straight-line
Intangible Assets, Useful life					24 months
Finite-Lived Intangible Assets, Amortization Method					straight-line
Finite-lived Intangible Assets Acquired	136,675	1,160,277	86,779
Amortization of Intangible Assets	666,350	595,655	562,978	754,021	1,824,983	1,336,409
Finite-Lived Intangible Assets, Net, Total	2,523,172	3,052,847	2,488,225		2,523,172		2,964,424
Revenue, Net	6,026,961			6,520,788	15,782,475	12,996,538
Warrants issued and outstanding that are anti-dilutive in effect					8,398,900	8,398,900
Card Transactions [Member]
Significant accounting policies [Line Items]
Revenue, Net					14,234,441
Card Transactions [Member] | Cynergy Data [Member]
Significant accounting policies [Line Items]
Concentration Risk, Percentage					60.62%
Card Transactions [Member] | National Processing Company [Member]
Significant accounting policies [Line Items]
Concentration Risk, Percentage					25.43%
Mobile Electronics Payments [Member]
Significant accounting policies [Line Items]
Revenue, Net					1,548,033
Mobile Electronics Payments [Member] | Beeline Member [Member]
Significant accounting policies [Line Items]
Concentration Risk, Percentage					3.97%
Mobile Electronics Payments [Member] | MTS [Member]
Significant accounting policies [Line Items]
Concentration Risk, Percentage					3.97%
Capitalized Patent Cost [Member]
Significant accounting policies [Line Items]
Intangible Assets, Useful life					5 years
Customer Acquiaition Cost [Member]
Significant accounting policies [Line Items]
Finite-lived Intangible Assets Acquired	100,675			79,356	252,731	361,736
Amortization of Intangible Assets	55,666			27,853	134,594	49,171
Finite-Lived Intangible Assets, Net, Total	$498,648				$498,648		$380,511
Maximum [Member]
Significant accounting policies [Line Items]
Intangible Assets, Useful life					5 years
Maximum [Member] | Computers And Software [Member]
Significant accounting policies [Line Items]
Property, Plant and Equipment, Useful Life					5 years
Maximum [Member] | Furniture and Fixtures [Member]
Significant accounting policies [Line Items]
Property, Plant and Equipment, Useful Life					10 years
Minimum [Member]
Significant accounting policies [Line Items]
Intangible Assets, Useful life					3 years
Minimum [Member] | Computers And Software [Member]
Significant accounting policies [Line Items]
Property, Plant and Equipment, Useful Life					2 years
Minimum [Member] | Furniture and Fixtures [Member]
Significant accounting policies [Line Items]
Property, Plant and Equipment, Useful Life					3 years

BASIS_OF_PRESENTATION_AND_PRIN1

BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION (Details Textual) (USD $)	Dec. 31, 2013	Sep. 30, 2013
T1T Lab [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	10.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total	2,162,158
K 1 Holding Limited [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Other Notes Payable, Current	2,000,000
TOT Group [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	100.00%	90.00%
Florida Aptito LLC [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	80.00%
TOT Money [Member] | Net Element Russia [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	30.00%
OOO TOT Money [Member] | Net Element Russia [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	30.00%
TOT Group Ukraine LLC [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	51.00%
TOT Group Kazakhstan, LLC [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	51.00%

LIQUIDITY_AND_GOING_CONCERN_CO1

LIQUIDITY AND GOING CONCERN CONSIDERATIONS (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Liquidity and Going Concern Considerations [Line Items]
Net income (loss)	($4,960,380)	($3,869,613)	($7,205,938)	($27,335,141)
Accumulated deficit	-126,136,766		-126,136,766		-118,930,828
Working capital	$800,000		$800,000

MERGER_AND_ACQUISITION_TRANSAC2

MERGER AND ACQUISITION TRANSACTIONS (Details) (USD $)	0 Months Ended
	Apr. 16, 2013	Sep. 30, 2014	Dec. 31, 2013
Purchase Price Allocation to Identifiable assets acquired and liabilities assumed
Goodwill		$6,671,750	$6,671,750
Unified Payments, LLc [Member]
Purchase Consideration:
Assumption of Debt	20,600,000
Issuance of TOT Group Stock (10%)	600,000
Total Consideration Transferred	21,200,000
Purchase Price Allocation to Identifiable assets acquired and liabilities assumed
Current Assets	900,000
Merchant Portfolios	4,400,000
Other Intangible Assets	1,000,000
Current Liabilities	-2,100,000
Total Identifiable Net Assets	4,200,000
Goodwill	17,000,000
Total Purchase Price Allocation	$21,200,000

MERGER_AND_ACQUISITION_TRANSAC3

MERGER AND ACQUISITION TRANSACTIONS (Details Textual) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended		6 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Apr. 16, 2013	Sep. 04, 2013	Jun. 18, 2013
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired						10.00%		10.00%
Goodwill	$6,671,750			$6,671,750				$6,671,750
Net Income (Loss) Attributable to Parent	-4,960,380	-3,869,613		-7,205,938	-27,335,141
Goodwill, Impairment Loss	0	0	11,200,000	0	11,200,000
Revenue, Net	6,026,961	6,520,788		15,782,475	12,996,538
Mr. Firer [Member]
Business Acquisition [Line Items]
Percentage Of Common Stock Obligated To Issue To Related Party								4.50%
Mr. Wolberg [Member]
Business Acquisition [Line Items]
Percentage Of Common Stock Obligated To Issue To Related Party								2.00%
Chief Executive And Director [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total				1,411,135
Restricted stock issued As Percentage of common stock				4.50%
Chief Legal And Secretary [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total				627,171
Restricted stock issued As Percentage of common stock				2.00%
TOT Group [Member]
Business Acquisition [Line Items]
Percentage of Common Stock Issued And Outstanding									10.00%
Equity Method Investment, Ownership Percentage									70.00%
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares						3,135,856
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned						13,415,197
Business Combination, Bargain Purchase, Gain Recognized, Amount						1,107,713
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value						600,000
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest, Total						13,922,910
Business Acquisition, Share Price						$4.28
Unified Payments, LLc [Member]
Business Acquisition [Line Items]
Percentage of Common Stock Issued And Outstanding										10.00%
Goodwill									17,000,000
Net Income (Loss) Attributable to Parent								1,081,218
Goodwill, Impairment Loss							11,200,000
Revenue, Net								5,662,740
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners										10.00%
Aptito [Member]
Business Acquisition [Line Items]
Net Income (Loss) Attributable to Parent								112,602
Revenue, Net					55,091
Aptito, LLC [Member]
Business Acquisition [Line Items]
Repayments of Debt								145,000
Long-term Debt, Gross											200,000
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total								125,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total								718,750
Business Acquisition, Percentage of Voting Interests Acquired											20.00%
Goodwill											918,750
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	125,000			125,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	$718,750			$718,750
Aptito, LLC [Member] | TOT Group [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired											80.00%

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details Textual) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Contributed Capital					$1,259,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures, Total	0		0		46,113
Revenues		17,395		14,484
Loss Before Income taxes		-694,139		-1,339,646
Income Tax Benefit		0		0
Net Loss from Discontinued Operations	0	-694,139	0	-1,339,646
T1T Lab [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent					10.00%
Disposal Group, Including Discontinued Operation, Liabilities					2,162,158
K 1 Holding Limited [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Other Notes Payable, Current					$2,000,000

NOTES_RECEIVABLE_Details

NOTES RECEIVABLE (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Note receivable from former general director	$0	$1,834,302
Less: Allowance for uncollectible note receivable	0	-1,834,302
Total note receivable, net	$0	$0

NOTES_RECEIVABLE_Details_Textu

NOTES RECEIVABLE (Details Textual) (Settlement Agreement [Member], USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Settlement Agreement [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Advances to Aggregators settlement agreement Reduction	$3.80

ACCOUNTS_RECEIVABLE_AND_ADVANC1

ACCOUNTS RECEIVABLE AND ADVANCES TO AGGREGATORS (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$3,958,769		$3,958,769		$10,619,289
Provision for Loan Losses Expensed	136,150	537,230	-1,302,554	6,736,302
Allowance for Doubtful Accounts Receivable, Current	103,030		103,030		2,111,303
Merchants [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Loan Losses Expensed			1,640,111
Russian Mobile Operators [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	2,369,597		2,369,597		9,118,849
Provision for Loan Losses Expensed			337,557
TOT Group Inc [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$1,589,173		$1,589,173		$1,498,620

FIXED_ASSETS_Details

FIXED ASSETS (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Total fixed assets, gross	110,371	$490,712
Less: Accumulated depreciation	-65,613	-353,445
Total fixed assets, net	44,758	137,267
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets, gross	94,712	236,432
Computers [Member]
Property, Plant and Equipment [Line Items]
Total fixed assets, gross	15,659	$254,280
Maximum [Member] | Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Fixed asset, Useful life	10 years
Maximum [Member] | Computers [Member]
Property, Plant and Equipment [Line Items]
Fixed asset, Useful life	5 years
Minimum [Member] | Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Fixed asset, Useful life	3 years
Minimum [Member] | Computers [Member]
Property, Plant and Equipment [Line Items]
Fixed asset, Useful life	2 years

FIXED_ASSETS_Details_Textual

FIXED ASSETS (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Property, Plant and Equipment [Line Items]
Depreciation	$18,154	$42,964	$76,012	$113,250

INTANGIBLE_ASSETS_Details

INTANGIBLE ASSETS (Details) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Mar. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Remaining Useful Life in Months	24 months
Intangible Assets, Net	$2,523,172	$2,964,424	$3,052,847	$2,488,225
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Remaining Useful Life in Months	5 years
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Remaining Useful Life in Months	3 years
Merchant Portfolios [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Cost	4,053,911
Finite-lived Intangible Assets, Fair Value Disclosure		2,922,911
Intangible Assets, Accumulated Amortization	2,682,496	1,224,490
Intangible Assets, Net	1,371,415	1,698,421	1,868,638	1,256,446
Merchant Portfolios [Member] | TOT BPS LLC [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Cost	1,852,851
Finite-lived Intangible Assets, Fair Value Disclosure		1,852,851
Intangible Assets, Remaining Useful Life in Months	15 months	15 months
Intangible Assets, Accumulated Amortization	1,778,670	852,247
Intangible Assets, Net	74,181	1,000,604
Merchant Portfolios [Member] | TOT HPS LLC [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Cost	102,050
Finite-lived Intangible Assets, Fair Value Disclosure		102,050
Intangible Assets, Remaining Useful Life in Months	15 months	15 months
Intangible Assets, Accumulated Amortization	97,958	46,939
Intangible Assets, Net	4,092	55,111
Merchant Portfolios [Member] | TOT FBS LLC [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Cost	968,010
Finite-lived Intangible Assets, Fair Value Disclosure		968,010
Intangible Assets, Remaining Useful Life in Months	22 months	22 months
Intangible Assets, Accumulated Amortization	673,786	325,304
Intangible Assets, Net	294,223	642,706
Merchant Portfolios [Member] | UPS Portfolios [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Cost	1,131,000
Intangible Assets, Accumulated Amortization	132,081
Intangible Assets, Net	$998,919
Merchant Portfolios [Member] | UPS Portfolios [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Remaining Useful Life in Months	34 months 15 days
Merchant Portfolios [Member] | UPS Portfolios [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Remaining Useful Life in Months	33 months

INTANGIBLE_ASSETS_Details_1

INTANGIBLE ASSETS (Details 1) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Finite-Lived Intangible Assets [Line Items]
Balance at begining of the period	$3,052,847	$2,488,225	$2,964,424		$2,964,424
Additions	136,675	1,160,277	86,779
Amortization	-666,350	-595,655	-562,978	-754,021	-1,824,983	-1,336,409
Balance at end of the period	2,523,172	3,052,847	2,488,225		2,523,172
IP Software [Member]
Finite-Lived Intangible Assets [Line Items]
Balance at begining of the period	228,903	236,364	243,825		243,825
Additions			0
Amortization	-7,461	-7,461	-7,461
Balance at end of the period	221,442	228,903	236,364		221,442
Portfolios [Member]
Finite-Lived Intangible Assets [Line Items]
Balance at begining of the period	1,868,638	1,256,446	1,698,421		1,698,421
Additions	36,000	1,095,000	0
Amortization	-533,223	-482,808	-441,975
Balance at end of the period	1,371,415	1,868,638	1,256,446		1,371,415
Client Acquisition Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Balance at begining of the period	453,639	423,748	380,511		380,511
Additions	100,675	65,277	86,779
Amortization	-55,666	-35,386	-43,542
Balance at end of the period	498,648	453,639	423,748		498,648
Covenent Not to Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Balance at begining of the period	501,667	571,667	641,667		641,667
Additions			0
Amortization	-70,000	-70,000	-70,000
Balance at end of the period	$431,667	$501,667	$571,667		$431,667

INTANGIBLE_ASSETS_Details_2

INTANGIBLE ASSETS (Details 2) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
2014	$407,701
2015	1,031,135
2016	639,799
2017	331,727
2018	112,810
Total	$2,523,172	$3,052,847	$2,488,225	$2,964,424

INTANGIBLE_ASSETS_Details_Text

INTANGIBLE ASSETS (Details Textual) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$666,350	$595,655	$562,978	$754,021	$1,824,983	$1,336,409
Finite-Lived Intangible Assets, Net, Total	2,523,172	3,052,847	2,488,225		2,523,172		2,964,424
Finite-Lived Intangible Asset, Useful Life					24 months
TOT Group [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net, Total	2,091,505				2,091,505
Payments to Acquire Intangible Assets		$60,000

SHORT_TERM_LOANS_Details_Textu

SHORT TERM LOANS (Details Textual)

Sep. 30, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2014

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

USD ($)

USD ($)

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Factoring Agreement With Alfa Bank [Member]

Credit Agreement With Alfa Bank [Member]

Credit Agreement With Alfa Bank [Member]

USD ($)

RUB

USD ($)

RUB

Maximum [Member]

Maximum [Member]

Maximum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

USD ($)

RUB

USD ($)

RUB

USD ($)

RUB

Debt Instrument [Line Items]

Short-term Debt

$2,939

$8,478,810

Credit facility, maximum borrowing amount

9,800,000

300,000,000

9,800,000

300,000,000

Maximum percentage of accounts receivable determining available credit

80.00%

80.00%

Line of Credit Facility, Expiration Date

20-May-14

20-May-14

Debt Instrument, Interest Rate, Effective Percentage Rate Range, Minimum

9.70%

9.70%

Debt Instrument, Interest Rate, Effective Percentage Rate Range, Maximum

11.95%

11.95%

Factoring fee, per account receivable

3,280,000

100,000,000

330,000

10,000,000

Long-term Line of Credit

0

1,800,000

53,900,000

Debt Instrument, Interest Rate, Stated Percentage

3.55%

3.55%

Restricted Cash and Cash Equivalents

1,800,000

55,000,000

Interest rate for short term loans, maximum

14.00%

14.00%

Line of Credit Facility, Current Borrowing Capacity

$10,814,614

415,000,000

Percentage of Compensation Fees

14.50%

13.22%

Percentage of Monetary Claim Payable

100.00%

80.00%

ACCRUED_EXPENSES_Details

ACCRUED EXPENSES (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Accounts Payable and Accrued Liabilities [Line Items]
Accrued professional fees	$267,840	$711,340
Short Term Loan Advances	0	240,000
Accrued income and VAT taxes	0	350,743
Promotional expense	39,642	261,311
Accrued interest	-9,146	196,396
Accrued payroll	38,970	282,804
Accrued bonus	1,367,083	1,265,597
Other accrued expenses	709,029	176,772
Accrued expenses	$2,413,418	$3,484,963

LONG_TERM_DEBT_Details

LONG TERM DEBT (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Long-term Debt, Total	$3,315,000	$21,071,624
Less Current Portion	-98,493	-3,816,093
Long Term Debt	3,216,507	17,255,531
MBF Merchant Capital LLC [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	0	5,000,584
RBL Capital Group, LLC [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	3,315,000	2,565,306
Capital Sources [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	0	2,300,000
Georgia Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	0	11,098,066
Other [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	$0	$107,668

LONG_TERM_DEBT_Details_1

LONG TERM DEBT (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Long-term Debt, Total	$3,315,000	$21,071,624
RBL Capital Group LLC [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	3,315,000	2,565,306
RBL Capital Group LLC [Member] | MBF Loan Payoff [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	3,000,000
RBL Capital Group LLC [Member] | Additional Loan Proceeds [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	239,150
RBL Capital Group LLC [Member] | Loan Cost [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	65,000
RBL Capital Group LLC [Member] | Prorated Interest Costs [Member]
Debt Instrument [Line Items]
Long-term Debt, Total	$10,850

LONG_TERM_DEBT_Details_2

LONG TERM DEBT (Details 2) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 15, 2014
Debt Instrument [Line Items]
Loss on Debt Extinguishment	($2,221,813)	$0	($6,184,219)	$0
Crede CG III, Ltd. [Member]
Debt Instrument [Line Items]
Total Shares Provided			5,802,945
Market Price Sept 15, 2014	$2.88		$2.88		$5.70
Value of Stock Issued			16,712,482
Crede CG III, Ltd. [Member] | Georgia Notes, LLC [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	-13,268,000		-13,268,000
Crede CG III, Ltd. [Member] | Accrued interest [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	-345,360		-345,360
Crede CG III, Ltd. [Member] | Discount on Georgia Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	1,663,865		1,663,865
Crede CG III, Ltd. [Member] | Capital Sources [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	-2,300,000		-2,300,000
Crede CG III, Ltd. [Member] | Capital Sources of New York and Georgia Notes LLC [Member]
Debt Instrument [Line Items]
Loss on Debt Extinguishment			$2,462,987

LONG_TERM_DEBT_Details_3

LONG TERM DEBT (Details 3) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Year ended December 31, 2014	$0
Year ended December 31, 2015	606,567
Year ended December 31, 2016	755,512
Year ended December 31, 2017	867,484
Year ended December 31, 2018	996,051
Year ended December 31, 2019	89,386
Total	3,315,000
Less Unamortized Debt Discount	0
Balance as of September 30, 2014	$3,315,000	$21,071,624

LONG_TERM_DEBT_Details_Textual

LONG TERM DEBT (Details Textual) (USD $)	3 Months Ended		9 Months Ended		1 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Apr. 30, 2014	Dec. 31, 2013	Sep. 15, 2014
Debt Instrument [Line Items]
Gains (Losses) on Extinguishment of Debt	($2,221,813)	$0	($6,184,219)	$0
Long-term Debt, Total	3,315,000		3,315,000			21,071,624
Subsequent Event [Member] | Qualified Financing [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt and Capital Securities, Net			10,000,000
MBF Merchant Capital LLC [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date			10-Aug-18
Debt Instrument, Periodic Payment			79,001
Debt Instrument, Frequency of Periodic Payment			monthly
Extinguishment of Debt, Amount			1,800,000
Gains (Losses) on Extinguishment of Debt			1,596,000
Debt Instrument, Date of First Required Payment			10-Sep-14
Debt Instrument, Periodic Payment, Interest			30,000
Long-term Debt, Contingent Payment of Principal or Interest			500,000
MBF Merchant Capital LLC [Member] | Notes Payable [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount			5,000,000
Debt Conversion, Converted Instrument, Amount			3,000,000
Debt Conversion, Converted Instrument, Rate			12.00%
Debt Conversion, Converted Instrument, Shares Issued			100,000
Repayments of Debt			400,000
RBL Capital Group LLC [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	13.90%		13.90%
Debt Instrument, Periodic Payment			90,421
Debt Instrument, Face Amount	11,200,000		11,200,000
Debt Instrument, Debt Default, Interest Rate			12.00%
Debt Conversion, Converted Instrument, Rate			15.00%
Debt Conversion, Converted Instrument, Shares Issued			5,569,158
Debt Instrument, Date of First Required Payment			20-Aug-14
Common Stock Issued And Outstanding Percentage			15.00%
Long-term Debt, Total	2,350,956		2,350,956
Repayments of Long-term Debt			2,601,843
RBL Capital Group LLC [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	10,000,000		10,000,000
Line of Credit Facility, Interest Rate During Period			13.90%
Debt Instrument, Debt Default, Description of Violation or Event of Default			After maturity of the loan, until all borrowings are paid in full, with respect to the advances under the credit facility, an additional three percent per annum would be added to such interest rate, and for any other amounts, obligations or payments due to RBL, an annual default rate will not to exceed the lesser of (i) the prime rate plus 13% per annum and (ii) 18.635% per annum.
RBL Capital Group LLC [Member] | Letter of Credit [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			10.65%
RBL Capital Group LLC [Member] | Notes Payable One [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	15.64%		15.64%
Debt Instrument, Periodic Payment			77,560
Debt Instrument, Payment Terms			. RBL had waived the requirement for monthly payments to increase to $125,000 in the event that the cash flow ratio at the end of any calendar month, as defined, was less than 2:1 for two consecutive months
Debt Instrument, Frequency of Periodic Payment			monthly
RBL Capital Group LLC [Member] | Notes Payable Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	15.64%		15.64%
Debt Instrument, Periodic Payment			84,584
Debt Instrument, Payment Terms			RBL had waived the requirement for monthly payments to increase to $125,000 in the event that the cash flow ratio at the end of any calendar month, as defined, was less than 1.7:1 for three consecutive months
Debt Instrument, Frequency of Periodic Payment			monthly
Capital Sources of NY [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount			2,343,500
Capital Sources of NY [Member] | Notes Payable [Member]
Debt Instrument [Line Items]
Notes Payable, Total	2,300,000		2,300,000
Debt Instrument, Interest Rate, Stated Percentage	15.00%		15.00%
Debt Instrument, Periodic Payment			111,519		108,268
Debt Instrument, Debt Default, Interest Rate			15.00%
Debt Instrument, Convertible, Automatic Conversion Feature, Percentage of Diluted Shares			12.00%
Georgia Notes, LLC [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.00%		8.00%
Debt Instrument, Maturity Date			1-Jan-17
Debt Instrument, Face Amount	13,300,000		13,300,000
Debt Conversion, Original Debt, Amount			13,533,360
Crede CG III, Ltd. [Member]
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Amount			$16,712,482
Debt Conversion, Converted Instrument, Rate			125.00%
Debt Conversion, Converted Instrument, Shares Issued			5,802,945
Debt Instrument, Convertible, Conversion Price	$2.88		$2.88				$5.70
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger			80.00%
Crede CG III, Ltd. [Member] | Shares Issued One [Member]
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Shares Issued			3,481,768
Crede CG III, Ltd. [Member] | Shares Issued Two [Member]
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Shares Issued			2,321,177

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Sep. 30, 2014
Commitments And Contingencies [Line Items]
2014	$67,907
2015	233,683
2016	233,376
2017	0
2018	0
Total	$534,966

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Textual)

Sep. 30, 2014

Mar. 17, 2014

Mar. 17, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

USD ($)

OOO-RM Invest [Member]

OOO-RM Invest [Member]

TOT Payments [Member]

TOT Payments [Member]

TOT Payments [Member]

Office Space In Miami Florida [Member]

Office Space In Miami Florida [Member]

Office Space In Miami Florida [Member]

Office Space In Miami Florida [Member]

Office Space In Russia [Member]

Office Space In Russia [Member]

Office Space In Russia [Member]

Office Space In Russia [Member]

USD ($)

RUB

USD ($)

Maximum [Member]

Minimum [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Commitments And Contingencies [Line Items]

Lease Expiration Date

31-Dec-16

Operating Leases Future Monthly Minimum Payments Remainder Of Fiscal Year

$16,800

$16,800

Operating Leases, Future Minimum Payments, Remainder of Fiscal Year

67,907

134,400

134,400

Operating Leases Future Monthly Minimum Payments Due Current

17,640

17,640

Operating Leases, Future Minimum Payments Due, Next Twelve Months

211,680

211,680

Operating Leases Future Monthly Minimum Payments Due In Two Years

18,522

18,522

Operating Leases, Future Minimum Payments, Due in Two Years

233,683

222,264

222,264

Operating Leases Future Monthly Minimum Payments Due In Three Years

19,448

19,448

1,200

1,200

Operating Leases, Future Minimum Payments, Due in Three Years

233,376

233,377

233,377

Operating Leases, Rent Expense, Net, Total

57,445

92,948

189,354

253,967

49,304

67,387

114,226

200,458

Loss Contingency, Damages Sought, Value

50,000,000

10,000,000

Amount Of Unpaid Residual Income

250,000

150,000

Debt Instrument, Face Amount

600,000,000

Equity Method Investment, Ownership Percentage

30.00%

Contingent Consideration Payable, on Redemption of Warrants

$500,000

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	9 Months Ended		12 Months Ended	6 Months Ended	1 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Jun. 30, 2014	Oct. 31, 2014	Sep. 30, 2014
Related Party Transaction [Line Items]
Proceeds from Contributed Capital			$1,259,000
Due to Related Parties, Current	77,129		1,451,357			77,129
Business Acquisition, Percentage of Voting Interests Acquired			10.00%	10.00%
Repayments of Related Party Debt	0	75,000
Share-based Compensation Award, Tranche One [Member]
Related Party Transaction [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	479,379
Share-based Compensation Award, Tranche Two [Member]
Related Party Transaction [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	479,379
Share-based Compensation Award, Tranche Three [Member]
Related Party Transaction [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	479,379
Chief Executive And Director [Member]
Related Party Transaction [Line Items]
Share Based Compensation, Shares Issued and Outstanding, Percentage		4.50%
Chief Legal And Secretary [Member]
Related Party Transaction [Line Items]
Share Based Compensation, Shares Issued and Outstanding, Percentage		2.00%
K 1 Holding Limited [Member]
Related Party Transaction [Line Items]
Other Notes Payable, Current			2,000,000
Percentage Of Restricted Common Stock Shares Initially To Be Issued			4.00%
Stock Issued During Period, Shares, Issued for Services				1,140,809
Common Stock Issued And Outstanding Percentage				4.00%
Service Agreement Expiration Date			5-Dec-15
TOT Group Subsidiaries [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent		10.00%
T1T Lab [Member]
Related Party Transaction [Line Items]
Disposal Group, Including Discontinued Operation, Liabilities			2,162,158
Debt Instrument, Decrease, Forgiveness			9,254,725
Due to Related Parties, Current			1,149,391
Enerfund LLC [Member]
Related Party Transaction [Line Items]
Due to Related Parties, Current			301,966
Gains (Losses) on Extinguishment of Debt, before Write off of Deferred Debt Issuance Cost	241,173
Debt Instrument, Face Amount	301,966					301,966
Long-term Debt, Gross	77,129					77,129
Enerfund LLC [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Repayments of Related Party Debt					$77,129
T1T Group, LLC [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage			90.00%
Business Acquisition, Percentage of Voting Interests Acquired	10.00%					10.00%
Music1 Russia [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			33.00%
Oleg Firer [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, Issued for Services						1,438,137

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual) (USD $)	12 Months Ended	9 Months Ended	6 Months Ended	3 Months Ended	1 Months Ended	9 Months Ended
	Dec. 31, 2013	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2012	Sep. 15, 2014	Aug. 31, 2013
Class of Warrant or Right [Line Items]
Stock Repurchase Program, Authorized Amount							$2,500,000
Stock Issued During Period, Value, Acquisitions	13,305,817
Share-based Compensation Award, Tranche One [Member]
Class of Warrant or Right [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		479,379
Share-based Compensation Award, Tranche Two [Member]
Class of Warrant or Right [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		479,379
Share-based Compensation Award, Tranche Three [Member]
Class of Warrant or Right [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		479,379
Georgia Notes, LLC [Member]
Class of Warrant or Right [Line Items]
Debt Conversion, Original Debt, Amount		13,533,360
Capital Sources of NY [Member]
Class of Warrant or Right [Line Items]
Debt Conversion, Original Debt, Amount		2,343,500
NETE [Member]
Class of Warrant or Right [Line Items]
Stock Issued During Period, Shares, New Issues			323,085
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			10.00%
Stock Issued During Period, Value, New Issues			617,093
Crede CG III, Ltd. [Member]
Class of Warrant or Right [Line Items]
Debt Conversion, Converted Instrument, Rate		125.00%
Debt Conversion, Converted Instrument, Shares Issued		5,802,945
Debt Instrument, Convertible, Conversion Price		2.88		$2.88	2.88			$5.70
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger		80.00%
Crede CG III, Ltd. [Member] | Shares Issued One [Member]
Class of Warrant or Right [Line Items]
Debt Conversion, Converted Instrument, Shares Issued		3,481,768
Crede CG III, Ltd. [Member] | Shares Issued Two [Member]
Class of Warrant or Right [Line Items]
Debt Conversion, Converted Instrument, Shares Issued		2,321,177
Chief Executive Officer [Member]
Class of Warrant or Right [Line Items]
Common Stock Issued And Outstanding Percentage	4.50%
Chief Legal Officer and Secretary [Member]
Class of Warrant or Right [Line Items]
Common Stock Issued And Outstanding Percentage	2.00%
Board of Directors Chairman [Member]
Class of Warrant or Right [Line Items]
Stock Issued During Period, Shares, New Issues				15,000
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount				52,050
TOT Group [Member]
Class of Warrant or Right [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	100.00%					90.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners									10.00%
Master Exchange Agreement [Member]
Class of Warrant or Right [Line Items]
Fair Value Assumptions, Weighted Average Volatility Rate		80.00%
Debt Instrument, Convertible, Threshold Trading Days		90
Share Price		5.7		$5.70	5.7
Percentage of Common Stock Issuable Upon Exchange		125.00%
Plan 2013 [Member]
Class of Warrant or Right [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	5,630,000
Oleg Firer [Member]
Class of Warrant or Right [Line Items]
Stock Issued During Period, Shares, Issued for Services					1,438,137
Common Stock [Member]
Class of Warrant or Right [Line Items]
Stock repurchase program, shares repurchased during period						170,322
Stock repurchase program, value of shares repurchased during period						$477,966
Stock repurchase program, average cost per share acquired						$2.81
Noncontrolling Interest, Ownership Percentage by Parent	10.00%
Common Stock [Member] | Shares Acquired Outside Of Plan [Member]
Class of Warrant or Right [Line Items]
Stock repurchase program, shares repurchased during period						137,207

WARRANTS_Details_Textual

WARRANTS (Details Textual) (USD $)	9 Months Ended
	Sep. 30, 2014	Jan. 22, 2013	Feb. 12, 2013	Dec. 31, 2013
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$7.50
Warrants Expiration Date	10/2/17
Warrants Redemption Price	$0.01
Warrant Redemption Subject to Conditions	if, and only if, the last reported sale price of our common stock on The NASDAQ Capital Market equals or exceeds $15.00 per share for any 20 trading days within a 30 trading day period ending on the third business day prior to the notice of redemption to Warrant holders
Warrant [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	8,938,900
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms	3 years 4 days
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price	$7.50
Warrants Issued by Cazador in IPO [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		4,600,000
Class of Warrant or Right, Exercise Price of Warrants or Rights		$7.50
Warrants Issued by Cazador in Private Placement [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			4,340,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$7.50
Warrants Issued by Cazador in Private Placement [Member] | Francesco Piovanetti [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				3,609,631
Warrants Issued by Cazador in Private Placement [Member] | David P Kelley II [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				14,000
Warrants Issued by Cazador in Private Placement [Member] | Affiliated Entity [Member]
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				3,623,631

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	$1,200,000		$1,200,000
Deferred Tax Assets, Valuation Allowance	18,500,000		18,500,000
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount			57,602	0
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest, Total	-4,970,292	-3,441,475	-7,257,505	-26,831,137
Operating Loss Carryforwards on Absent of Additional Ownership Change	1,300,000		1,300,000
State and Local Jurisdiction [Member]
Schedule of Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	36,800,000	30,600,000	36,800,000	30,600,000
Foreign Tax Authority [Member]
Schedule of Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	$9,500,000	$9,100,000	$9,500,000	$9,100,000

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (Subsequent Event [Member])	9 Months Ended
	Sep. 30, 2014
Subsequent Event [Member]
Subsequent Event [Line Items]
Subsequent Event, Description	If and when the registration statement is declared effective by the SEC, the Company will be able to offer and sell, from time to time, up to $50 million of the Company's common stock, preferred stock, warrants, units and/or subscription rights in one or more offerings and in any combination, and certain selling security holders will be able to offer and sell, from time to time, up to 15.4 million shares of Company's common stock