Chart Acquisition (CACG) 10-K 17 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 13, 2014	Jun. 28, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'Chart Acquisition Corp.	'	'
Entity Central Index Key	'0001527349	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Entity Well-Known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Public Float	'	'	$75,525,000
Entity Common Stock, Shares Outstanding	'	9,750,000	'

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current Assets:	'	'
Cash	$118,706	$1,147,464
Due from Sponsor	409	409
Prepaid Expenses	87,252	5,236
Total Current Assets	206,367	1,153,109
Non-current Assets:	'	'
Cash and Investments Held in Trust Account	75,048,721	75,001,821
Total Assets	75,255,088	76,154,930
Current Liabilities:	'	'
Accounts Payable and Accrued Expenses	194,115	50,522
Due to Affiliate	1,442	1,322
Accrued Offering Costs	'	16,920
Total Current Liabilities	195,557	68,764
Deferred Underwriting Fee	2,343,750	2,343,750
Warrant Liability	5,906,250	5,906,250
Total Liabilities	8,445,557	8,318,764
Common stock subject to possible redemption; 6,180,953 and 6,283,617 shares at $10.00 per share at December 31, 2013 and December 31, 2012, respectively	61,809,530	62,836,165
Stockholders' Equity:	'	'
Preferred Stock, $.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding	'	'
Common Stock, $.0001 par value; 29,000,000 shares authorized; 3,569,047 and 3,747,633 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively (excluding 6,180,953 and 6,283,617 shares subject to possible redemption, respectively)	357	375
Additional Paid-in Capital	4,999,644	4,999,626
Deficit Accumulated During Development Stage	'	'
Total Stockholders' Equity	5,000,001	5,000,001
Total Liabilities and Stockholders' Equity	$75,255,088	$76,154,930

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Statement Of Financial Position [Abstract]	'	'
Common stock redemption shares	6,180,953	6,283,617
Common stock redemption, price per share	$10	$10
Preferred stock, Par value	$0.00	$0.00
Preferred Stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, Par value	$0.00	$0.00
Common stock, shares authorized	29,000,000	29,000,000
Common stock, shares issued	3,569,047	3,747,633
Common stock, shares outstanding	3,569,047	3,747,633

Statements_of_Operations

Statements of Operations (USD $)	12 Months Ended		29 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Statements Of Operations [Abstract]	'	'	'
Revenue	'	'	'
Formation and Operating Costs	'	3,469	3,996
General and Administrative Expenses	1,073,535	56,608	1,130,143
Loss from Operations	-1,073,535	-60,077	-1,134,139
Other Income:	'	'	'
Interest Income	46,900	1,821	48,721
Net Loss Attributable to Common Stockholders	($1,026,635)	($58,256)	($1,085,418)
Weighted Average Number of Common Shares Outstanding, basic and diluted	3,378,823	2,212,758	2,676,687
Basic and Diluted Net Loss per Share Attributable to Common Stockholders	($0.30)	($0.03)	($0.41)

Statements_of_Changes_in_Stock

Statements of Changes in Stockholders' Equity (USD $)	Total	Common Stock	Additional Paid-in Capital	Deficit Accumulated During Developmental Stage
Beginning Balance at Jul. 22, 2011	'	'	'	'
Beginning Balance, shares at Jul. 22, 2011	'	'	'	'
Sale of common stock issued to Sponsor on August 9, 2011 at $.011594 per share	25,000	216	24,784	'
Sale of common stock issued to Sponsor on August 9, 2011 at $.011594 per share, shares	'	2,156,250	'	'
Net loss attributable to common stockholders'	-527	'	'	-527
Balance at Dec. 31, 2011	24,473	216	24,784	-527
Balance at Dec. 31, 2011	'	2,156,250	'	'
Sale of 7,500,000 units on December 19, 2012, net of underwriters' discount and offering expenses (including 6,289,495 subject to possible redemption)	70,026,199	750	70,025,449	'
Sale of 7,500,000 units on December 19, 2012, net of underwriters' discount and offering expenses (including 6,289,495 subject to possible redemption), shares	'	7,500,000	'	'
Reclassification of shares subject to possible redemption at redemption value on December 19, 2012	-62,894,948	-629	-62,894,319	'
Reclassification of shares subject to possible redemption at redemption value on December 19, 2012 ,shares	'	-6,289,495	'	'
Warrant liability recorded on December 19, 2012	-5,906,250	'	-5,906,250	'
Sale of 375,000 units to Sponsor on December 19, 2012	3,750,000	37	3,749,963	'
Sale of 375,000 units to Sponsor on December 19, 2012, shares	'	375,000	'	'
Change in shares subject to possible redemption to 6,180,953 and 6,283,617 shares at December 31, 2013 and December 31, 2012 respectively	58,783	1	-1	58,783
Change in shares subject to possible redemption, shares	'	5,878	'	'
Net loss attributable to common stockholders'	-58,256	'	'	-58,256
Balance at Dec. 31, 2012	5,000,001	375	4,999,626	'
Balance at Dec. 31, 2012	'	3,747,633	'	'
Forfeiture of sponsor shares in connection with the underwriter's election to not exercise their over-allotment option	'	-28	28	'
Forfeiture of sponsor shares in connection with the underwriter's election to not exercise their over-allotment option, shares	'	-281,250	'	'
Change in shares subject to possible redemption to 6,180,953 and 6,283,617 shares at December 31, 2013 and December 31, 2012 respectively	1,026,635	10	-10	1,026,635
Change in shares subject to possible redemption, shares	'	102,664	'	'
Net loss attributable to common stockholders'	-1,026,635	'	'	-1,026,635
Balance at Dec. 31, 2013	$5,000,001	$357	$4,999,644	'
Balance at Dec. 31, 2013	'	3,569,047	'	'

Statements_of_Changes_in_Stock1

Statements of Changes in Stockholders' Equity (Parenthetical) (USD $)	1 Months Ended	0 Months Ended	12 Months Ended
	Dec. 19, 2012	Aug. 09, 2011	Dec. 31, 2013	Dec. 31, 2012
Statement Of Stockholders' Equity [Abstract]	'	'	'	'
Common stock issued to Sponsor, per share price	'	$0.01	'	'
Number of sale of units including possible redemption shares	7,500,000	'	'	'
Number of shares subject to possible redemption	6,289,495	'	6,180,953	6,283,617
Sale of units to Sponsor	375,000	'	'	'

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	12 Months Ended		29 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Cash Flows from Operating Activities	'	'	'
Net Loss	($1,026,635)	($58,256)	($1,085,418)
Change in operating assets and liabilities:	'	'	'
Prepaid Expenses	-82,016	-5,236	-87,252
Accounts Payable and Accrued Expenses	143,593	25,270	194,115
Due to Affiliate	120	1,322	1,442
Due from Sponsor	'	'	-409
Net Cash Used In Operating Activities	-964,938	-36,900	-977,522
Cash Flows from Investing Activities	'	'	'
Proceeds Deposited in Trust Account	'	-75,000,000	-75,000,000
Interest on Trust Account	-46,900	-1,821	-48,721
Net Cash Used in Investing Activities	-46,900	-75,001,821	-75,048,721
Cash Flows from Financing Activities	'	'	'
Proceeds from Sale of Common Stock to Sponsor	'	'	25,000
Proceeds from Public Offering	'	75,000,000	75,000,000
Proceeds from Issuance of Units to Sponsor	'	3,750,000	3,750,000
Proceeds from Note Payable, Affiliate of Sponsor	'	30,000	30,000
Principal Payments on Note Payable, Affiliate of Sponsor	'	-30,000	-30,000
Proceeds from Note Payable, Sponsor	'	'	175,000
Principal Payments on Note Payable, Sponsor	'	-175,000	-175,000
Payment of Offering Costs	-16,920	-2,459,089	-2,630,051
Net Cash Provided by (Used In) Financing Activities	-16,920	76,115,911	76,144,949
Net Increase (Decrease) in Cash	-1,028,758	1,077,190	118,706
Cash at Beginning of the Period	1,147,464	70,274	'
Cash at Ending of the Period	118,706	1,147,464	118,706
Supplemental Disclosure for Non-Cash Financing Activities	'	'	'
Adjustment for warrant liability in connection with the Public Offering	'	5,906,250	5,906,250
Deferred Underwriters' Fee	'	2,343,750	2,343,750
Accrued Expenses Included in Deferred Offering Costs	'	$16,920	$16,920

Description_of_Organization_an

Description of Organization and Business Operations	12 Months Ended
	Dec. 31, 2013
Description Of Organization and Business Operations and Basis Of Presentation [Abstract]	'
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	'
	1.             DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS
	Chart Acquisition Corp. (the “Company,” “we” or “us”) was incorporated in Delaware on July 22, 2011. The Company is a blank check company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, exchangeable share transaction or similar business combination, one or more operating businesses or assets (a “business combination”). The Company has neither engaged in any operations nor generated any revenues to date. The Company has selected December 31 as its fiscal year end.
	At December 31, 2013, the Company had not commenced any operations. All activity through December 31, 2013 relates to the Company’s formation, initial public offering (“public offering”) described below in Note 4, and search for an initial business combination.
	The registration statement for the public offering was declared effective on December 13, 2012. The Company consummated the public offering on December 19, 2012 and received net proceeds of approximately $76,120,000 which includes $3,750,000 received from the private placement of 375,000 units to Chart Acquisition Group LLC, a Delaware limited liability Company (the “sponsor”) and is net of approximately $2,630,000 of legal, accounting and underwriting fees. The sponsor, Joseph Wright, the Company’s chief executive officer and chairman of the board and Cowen Overseas Investment LP (“Cowen Overseas”), an affiliate of Cowen and Company, LLC, one of the lead underwriters of the public offering, each purchased units consisting of one share of common stock and a warrant to purchase one share of common stock (the “private placement”—Note 5).
	The Company’s management has broad discretion with respect to the specific application of the net proceeds of the public offering, although substantially all of the net proceeds of the public offering are intended to be generally applied toward effecting an initial business combination. Net proceeds of approximately $75,000,000 from the public offering and simultaneous private placements of the placement units (as described below in Note 5) are being held in a trust account in the United States maintained by Continental Stock Transfer & Trust Company, acting as trustee. The proceeds held in the trust account will be invested only in United States government treasury bills with a maturity of 180 days or less or in money market funds investing solely in United States Treasuries and meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended. Except for interest income earned on the trust account balance and released to us for working capital purposes and to pay taxes or dissolution expenses, if any, our amended and restated certificate of incorporation provides that none of the funds held in trust will be released from the trust account, until the earlier of (i) the consummation of our initial business combination; (ii) the expiration or termination of any tender offer conducted by the Company in connection with a proposed business combination not otherwise withdrawn; (iii) the redemption of the Company’s public shares if it is unable to consummate a business combination by September 13, 2014, subject to applicable law; or (iv) otherwise upon its liquidation or in the event its management resolves to liquidate the trust account and ceases to pursue the consummation of a business combination prior to September 13, 2014. The proceeds deposited in the trust account could become subject to the claims of our creditors, if any, which could have priority over the claims of the Company’s public stockholders.
	Initial Business Combination
	For the purposes of consummating an initial business combination, the Company is not limited to a particular industry or geographic region, although its management team intends to focus on operating businesses in the following sectors: the provision and/or outsourcing of government services. The management team anticipates structuring a business combination to acquire 100% of the equity interests or assets of the target business or businesses. It may also, however, structure a business combination to acquire less than 100% of such interests or assets of the target business but will not acquire less than a controlling interest.
	The Company may consummate the initial business combination and conduct the redemptions without stockholder vote pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act, which regulate issuer tender offers, and may file tender offer documents with the Securities and Exchange Commission (“SEC”).
	Regardless of whether the Company holds a stockholder vote or a tender offer in connection with an initial business combination, public stockholders will have the right to redeem their shares for an amount in cash equal to their pro rata share of the aggregate amount then on deposit in the trust account, including interest but less taxes payable plus amounts released to fund working capital requirements. As a result, such shares will be recorded at redemption value and classified as temporary equity upon the completion of the public offering, in accordance with Financial Accounting Standards Board, (“FASB”) Accounting Standards Codification, (“ASC") Topic 480, “Distinguishing Liabilities from Equity.”
	The Company will not redeem its public shares in an amount that would cause its net tangible assets to be less than $5,000,001 and, solely if it seeks stockholder approval, a majority of the outstanding shares of common stock voted are voted in favor of the initial business combination.
	Solely if the Company holds a stockholder vote to approve the initial business combination, and it does not conduct redemptions pursuant to the tender offer rules, it may enter into privately negotiated transactions to purchase public shares from stockholders who would otherwise elect to redeem their shares, with such purchases made using funds held in the trust account. All shares so purchased by the Company will be immediately cancelled.
	Liquidation and Going Concern
	If the Company does not consummate an initial business combination by September 13, 2014 it will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem all public shares then outstanding, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including any amounts representing interest earned on the trust account, less any interest released to the Company for working capital purposes, the payment of taxes or dissolution expenses, divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of its remaining stockholders and board of directors, dissolve and liquidate, subject in each case to its obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. The mandatory liquidation and subsequent dissolution raises substantial doubt about the Company's ability to continue as a going concern.

Basis_of_Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2013
Description Of Organization and Business Operations and Basis Of Presentation [Abstract]	'
BASIS OF PRESENTATION	'
	2.            BASIS OF PRESENTATION
	The accompanying financial statements are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	3.            SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Development Stage Company
	The Company complies with the reporting requirements of ASC Topic 915, “Development Stage Entities.” At December 31, 2013, the Company has not commenced any operations nor generated revenue to date. All activity through December 31, 2013, relates to the Company’s formation, the public offering and search for an initial business combination. Following the public offering, the Company will not generate any operating revenues until after completion of an initial business combination, at the earliest. The Company generates non-operating income in the form of interest income on the designated trust account after the public offering.
	Net Loss Per Common Share
	Net loss per common share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding for the period. For all periods presented, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into common shares and then share in the earnings of the Company. As a result, diluted loss per common share is the same as basic loss per share for periods presented.
	Securities Held in Trust Account
	Investment securities consist of United States Treasury securities. The Company classifies its securities as held-to-maturity in accordance with FASB ASC Topic 320 “Investments - Debt and Equity Securities.” Held-to-maturity securities are those securities which the Company has the ability and intent to hold until maturity. Held-to-maturity treasury securities are recorded at amortized cost and adjusted for the amortization or accretion of premiums or discounts.
	A decline in the market value of held-to-maturity securities below cost that is deemed to be other than temporary, results in an impairment that reduces the carrying costs to such securities' fair value. The impairment is charged to earnings and a new cost basis for the security is established. To determine whether an impairment is other than temporary, the Company considers whether it has the ability and intent to hold the investment until a market price recovery and considers whether evidence indicating the cost of the investment is recoverable outweighs evidence to the contrary. Evidence considered in this assessment includes the reasons for the impairment, the severity and the duration of the impairment, changes in value subsequent to year-end, forecasted performance of the investee, and the general market condition in the geographic area or industry the investee operates in.
	Premiums and discounts are amortized or accreted over the life of the related held-to-maturity security as an adjustment to yield using the effective-interest method. Such amortization and accretion is included in the “interest income” line item in the statements of operations. Interest income is recognized when earned.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Income Tax
	Deferred income taxes are provided for the differences between the bases of assets and liabilities for financial reporting and income tax purposes. A valuation allowance is established when necessary to reduce deferred tax assets to the amount expected to be realized. At December 31, 2013 and 2012, the Company has a deferred tax asset of approximately $360,000 and $21,000, respectively, related to net operating loss carry forwards which begin to expire in 2031 and start-up costs. Management has determined that a full valuation allowance of the deferred tax asset is appropriate at this time.
	The Company is required to determine whether its tax positions are more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit recognized is measured as the largest amount of benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement with the relevant taxing authority.
	De-recognition of a tax benefit previously recognized results in the Company recording a tax liability that reduces ending retained earnings. Based on its analysis, the Company has determined that it has not incurred any liability for unrecognized tax benefits as of December 31, 2013 or 2012. The Company’s conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to, on-going analyses of and changes to tax laws, regulations and interpretations thereof. The Company files an income tax return in the U.S. federal jurisdiction, and may file income tax returns in various U.S. states and foreign jurisdictions.  Generally, the Company is subject to income tax examinations by major taxing authorities since inception.
	The Company recognizes interest and penalties related to unrecognized tax benefits in interest expense and other expenses, respectively. No interest expense or penalties have been recognized as of December 31, 2013 or 2012.
	Fair Value of Financial Instruments
	The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures”, approximates the carrying amounts represented in the accompanying balance sheets.
	Recent Accounting Pronouncements
	Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
	Redeemable Common Stock
	As discussed in Note 1, all of the 7,500,000 common shares sold as part of the units in the public offering contain a redemption feature which allows for the redemption of common shares under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with ASC Topic 480 "Distinguishing Liabilities from Equity", redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity.
	Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC Topic 480. Although the Company does not specify a maximum redemption threshold, its charter provides that in no event will they redeem its public shares in an amount that would cause its net tangible assets (stockholders’ equity) to be less than $5,000,001.
	The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock shall be affected by charges against the par value of common stock and retained earnings, or in the absence of retained earnings, by charges against additional paid-in capital in accordance with ASC Topic 480-10-S99. Accordingly, at December 31, 2013 and 2012, public shares of 6,180,953 and 6,283,617, respectively, are classified outside of permanent equity at its redemption value. The redemption value is equal to the pro rata share of the aggregate amount then on deposit in the Trust Account, including any amounts representing interest earned on the trust account, less any interest released to the Company for working capital purposes or the payment of taxes (approximately $10.00 at December 31, 2013).

Public_Offering

Public Offering	12 Months Ended
	Dec. 31, 2013
Public Offering [Abstract]	'
PUBLIC OFFERING	'
	4.             PUBLIC OFFERING
	The public offering called for the Company to offer for sale 7,500,000 units at a purchase price of $10.00 per unit. Each unit consists of (i) one share of the Company’s common stock, $0.0001 par value (“common stock”), and (ii) one warrant to purchase one share of common stock (“warrant”). Each warrant entitles the holder to purchase one share of the Company’s common stock at a price of $11.50. Each warrant will become exercisable on the later of 30 days after the completion of an initial business combination and one year from the date of the prospectus for the public offering, and will expire five years from the date of the initial business combination, or earlier upon redemption or liquidation. The Company may redeem the warrants at a price of $0.01 per warrant upon 30 days’ prior written notice after the warrants become exercisable, only in the event that the last sales price of the common stock (or the closing bid price of the common stock in the event shares of our common stock are not traded on any specific trading day) equals or exceeds $17.50 per share for any 20 trading days within a 30 trading day period ending three business days before the notice of redemption is given. In the event that a registration is not effective at the time of exercise, the holders of the warrants shall not be entitled to exercise such warrants (except on a cashless basis under certain circumstances) and in no event (whether in the case of a registration statement not being effective or otherwise) will the Company be required to net cash settle the warrants and the warrants will expire worthless.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	5.            RELATED PARTY TRANSACTIONS
	Private Placements
	On August 9, 2011, the Company issued to its sponsor in a private placement 2,156,250 shares (after giving effect to its 0.75-for-1 reverse stock split effectuated on July 10, 2012) of restricted common stock for an aggregate purchase price of $25,000, of which 281,250 shares were forfeited in January 2013. The initial shares will not be released from transfer restrictions until: (i) one year after the consummation of the Company’s initial business combination or earlier if, subsequent to its business combination, the last sales price of its common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after its initial business combination, or (ii) the date on which it consummates a liquidation, merger, stock exchange or other similar transaction after its initial business combination that results in all of its stockholders having the right to exchange their shares of common stock for cash, securities or other property.
	The sponsor, Joseph Wright and Cowen Overseas purchased, simultaneously with the closing of the public offering, 375,000 units (the “placement units”) from the Company at a price of $10.00 per unit, each unit consisting of one share of common stock (“placement shares”) and a warrant to purchase one share of common stock (“placement warrants”) (for an aggregate purchase price of $3,750,000) in private placement pursuant to Section 4(2) of the Securities Act of 1933, as amended. The placement warrants are identical to the warrants sold in the public offering except that, (i) if held by the initial holders or their permitted assigns, they (a) may be exercised for cash or on a cashless basis at the option of the holder; and (b) will not be redeemable by the Company, and (ii) the placement warrants issued to Cowen Overseas, so long as held by Cowen Overseas or any of its related persons under FINRA rules, expire five years from the effectiveness of the registration statement. In addition, the placement warrants and placement shares are subject to transfer restrictions until 30 days following the consummation of the initial business combination.
	The founder shares and the placement shares are identical to the shares of common stock included in the units that were sold in the public offering except that (i) the founder shares and the placement shares are subject to certain transfer restrictions as described above, and (ii) each of the initial stockholders and Cowen Overseas has agreed not to redeem any of the founder shares or placement shares, as the case may be, held by them in connection with the consummation of an initial business combination, and each has also waived its rights to participate in any redemption with respect to its initial shares and placement shares, as the case may be, if the Company fails to consummate an initial business combination.
	However, each of the initial stockholders and Cowen Overseas (as applicable) will be entitled to redeem any public shares it acquires in or after the public offering in the event the Company fails to consummate an initial business combination within the required time period.
	In connection with a stockholder vote to approve an initial business transaction, if any, each of the Company’s initial stockholders have agreed to vote their initial shares and/or placement shares, as the case may be, in favor of the initial business transaction. In addition, the Company’s initial stockholders, officers and directors have each also agreed to vote any shares of common stock acquired in the public offering or in the aftermarket in favor of the initial business transaction submitted to stockholders for approval, if any.
	The initial holders of the Company’s founder shares and placement shares and their permitted transferees are entitled to registration rights pursuant to a registration rights agreement signed on the date of the Company’s prospectus relating to the public offering.
	Such holders are entitled to demand registration rights and certain “piggy-back” registration rights with respect to the initial shares, the placement shares, the placement warrants and the shares of common stock underlying the placement warrants, commencing, in the case of the initial shares, one year after the consummation of the initial business combination and commencing, in the case of the placement shares, the placement warrants and the shares of common stock underlying the placement warrants, 30 days after the consummation of the initial business combination.
	Due to Affiliate
	As of December 31, 2013 and 2012, the Chart Group L.P., an affiliate of the sponsor, has paid certain offering, formation and operating costs on behalf of the Company. The total of such costs do not bear interest, and is due on demand. At December 31, 2013 and 2012, the total amount owed to the Chart Group L.P. is $1,442 and $1,322, respectively.
	Administrative Services
	The Company has agreed to pay the Chart Group L.P., an affiliate of the sponsor a total of $10,000 per month for office space and general and administrative services. Services commenced on December 14, 2012, the date the securities of the Company were first listed on the Nasdaq Capital Market, and will terminate upon the earlier of the consummation by the Company of an initial business combination and the liquidation of the Company.  For the years ended December 31, 2013 and 2012, the Company incurred $120,000 and $5,000, respectively, pursuant to this service agreement. At December 31, 2013, the Company has prepaid $5,000 relative to the service agreement.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2013
Commitments [Abstract]	'
COMMITMENTS	'
	6.            COMMITMENTS
	The Company paid an underwriting discount of 2.750% (or $2,062,500) of the public unit offering price to the underwriters at the closing of the public offering, with an additional deferred fee of 3.125% (or $2,343,750) of the gross offering proceeds payable to the representatives of the underwriters upon the Company’s consummation of an initial business combination.

Warrant_Liability

Warrant Liability	12 Months Ended
	Dec. 31, 2013
Warrant Liability [Abstract]	'
WARRANT LIABILITY	'
	7.             WARRANT LIABILITY
	The Company sold 7,875,000 Units in the December 19, 2012 Public Offering and private placement, which subsequently separated into one common share and one warrant.  The warrants expire five years after the date of the Company's initial Business Combination.  The warrants issued contain a cash settlement provision, as provided in the Warrant Agreement in the event of a Fundamental Transaction after the Initial Business Combination (see below), which requires liability treatment under ASC Topic 815-40-55-2.  ASC Topic 815-40-55-2 indicates that an event that causes a change of control of an issuer is not within the issuer's control and, therefore, a contract that requires net-cash settlement upon a change in control must be classified as an asset or liability.  Management used the quoted price for the valuation of the warrants to determine the warrant liability to be $5,906,250 as of December 31, 2013 and 2012.  This valuation is revised on a quarterly basis until the warrants are exercised or they expire, with the changes in fair value recorded in the statements of operations.
	In the event of a Fundamental Transaction (as defined in the Warrant Agreement), which can only happen after the Company’s initial business combination, at the request of the holder delivered at any time through the date that is 30 days after the public disclosure of the consummation of such Fundamental Transaction by the Company pursuant to a Current Report on Form 8-K filed with the SEC, the Company (or the successor entity to the Company) shall purchase such Warrant from the holder by paying to the holder, within five trading days after such request, cash in an amount equal to the Black Scholes Value of the remaining unexercised portion of such Warrant on the date of such Fundamental Transaction. Any holder that receives cash pursuant to the immediately preceding sentence shall not receive any Alternate Consideration (as defined in the Warrant Agreement) from such transaction. For purposes hereof, "Black Scholes Value" means the value of the Warrant based on the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg using (i) a price per share of common stock equal to the Closing Sale Price of the common stock for the trading day immediately preceding the date of consummation of the applicable Fundamental Transaction, (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of such Warrant as of such date of request, and (iii) an expected volatility equal to the greater of (A) forty percent (40%) and (B) the 30-day volatility obtained from the HVT function on Bloomberg determined as of the trading day immediately following the announcement of the Fundamental Transaction, (iv) a "Style" of "Warrant" and (v) a "Warrant type" of "Capped" where "Call cap" equals $17.50.

Investment_Held_in_Trust_Accou

Investment Held in Trust Account	12 Months Ended
	Dec. 31, 2013
Investment Held in Trust Account [Abstract]	'
INVESTMENT HELD IN TRUST ACCOUNT	'
	8.             INVESTMENT HELD IN TRUST ACCOUNT
	Subsequent to the public offering, an amount of $75,000,000 (including $2,343,750 of deferred underwriters’ fee) of the net proceeds of the public offering and private placement, was deposited in a Trust Account and invested only in United States “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act of 1940 have a maturity of 180 days or less until the earlier of (i) the consummation of a business combination, or (ii) liquidation of the Company.
	As of December 31, 2013, investment securities in the Company’s Trust Account consist of $75,043,861 in United States Treasury Bills and another $4,860 is held as cash. As of December 31, 2012, investment securities in the Company’s Trust Account consist of $74,976,321 in United States Treasury Bills and another $25,500 is held as cash. The carrying value, excluding accrued interest income, gross unrealized holding gain (loss) and fair value of held to maturity securities at December 31, 2013 and 2012 are as follows:
		Carrying		Gross		Fair
		Value at		Unrealized		Value at
		December 31,		Holding		December 31,
		2013		Gain		2013
	Held-to-maturity:
	U.S. Treasury Securities	$	75,043,861	$	1,138	$	75,044,999
		Carrying		Gross		Fair
		Value at		Unrealized		Value at
		December 31,		Holding		December 31,
		2012		Loss		2012
	Held-to-maturity:
	U.S. Treasury Securities	$	74,976,321	$	-6,321	$	74,970,000

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	9.             FAIR VALUE MEASUREMENTS
	The Company complies with ASC Topic 820, “Fair Value Measurement” for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually.
	The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2013 and 2012, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:
		December 31,		Quoted Prices		Significant		Significant
				In Active		Other		Other
				Markets		Observable		Unobservable
						Inputs		Inputs
	Description	2013		(Level 1)		(Level 2)		(Level 3)
	Assets:
	U.S. Treasury Securities held in Trust Account	$	75,044,999	$	75,044,999		—		—
	Liabilities:
	Warrant Liability	$	5,906,250		—	$	5,906,250		—
		December 31,		Quoted Prices		Significant		Significant
				In Active		Other		Other
				Markets		Observable		Unobservable
						Inputs		Inputs
	Description	2012		(Level 1)		(Level 2)		(Level 3)
	Assets:
	U.S. Treasury Securities held in Trust Account	$	74,970,000	$	74,970,000		—		—
	Liabilities:
	Warrant Liability	$	5,906,250		—	$	5,906,250		—
	The fair values of the Company's investments held in the Trust Account and warrant liability are determined through market, observable and corroborated sources.

Stockholders_Equity

Stockholder's Equity	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	10.          STOCKHOLDERS’ EQUITY
	Common Stock
	The Company is authorized to issue 29,000,000 shares of common stock. Holders of the Company’s common stock are entitled to one vote for each share.
	As of December 31, 2013 and , 2012, there were 3,569,047 and 3,747,633 shares of common stock outstanding, respectively (excluding 6,180,953 and 6,283,617 shares subject to possible redemption, respectively).
	Preferred Stock
	The Company is authorized to issue 1,000,000 shares of preferred stock, in one or more series, with such designations, voting and other rights and preferences as may be determined from time to time by the board of directors. At December 31, 2013 and 2012, the Company has not issued any shares of preferred stock.

Subsequent_Event

Subsequent Event	12 Months Ended
	Dec. 31, 2013
Subsequent Event [Abstract]	'
SUBSEQUENT EVENT	'
	11.          SUBSEQUENT EVENT
	The Company issued a $246,667 unsecured non-interest bearing promissory note to the Sponsor on February 10, 2014. The proceeds from the loan were used for working capital purposes of the Company. The principal balance of the note is payable on the earlier of (i) the date that is nine (9) months from the date of the note or (ii) the date on which the Company consummates a business combination.
	The Company issued a $13,333 unsecured non-interest bearing promissory note to an affiliate of the Sponsor on February 7, 2014. The proceeds from the loan were used for working capital purposes of the Company. The principal balance of the note is payable on the date of the consummation of a business combination.
	The Company issued a $140,000 unsecured non-interest bearing promissory note to an affiliate of the Sponsor on February 4, 2014. The proceeds from the loan were used for working capital purposes of the Company. The principal balance of the note is payable on the date of the consummation of a business combination.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]	'
Development Stage Company	'
	Development Stage Company
	The Company complies with the reporting requirements of ASC Topic 915, “Development Stage Entities.” At December 31, 2013, the Company has not commenced any operations nor generated revenue to date. All activity through December 31, 2013, relates to the Company’s formation, the public offering and search for an initial business combination. Following the public offering, the Company will not generate any operating revenues until after completion of an initial business combination, at the earliest. The Company generates non-operating income in the form of interest income on the designated trust account after the public offering.
Net Loss Per Common Share	'
	Net Loss Per Common Share
	Net loss per common share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding for the period. For all periods presented, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into common shares and then share in the earnings of the Company. As a result, diluted loss per common share is the same as basic loss per share for periods presented.
Securities Held in Trust Account	'
	Securities Held in Trust Account
	Investment securities consist of United States Treasury securities. The Company classifies its securities as held-to-maturity in accordance with FASB ASC Topic 320 “Investments - Debt and Equity Securities.” Held-to-maturity securities are those securities which the Company has the ability and intent to hold until maturity. Held-to-maturity treasury securities are recorded at amortized cost and adjusted for the amortization or accretion of premiums or discounts.
	A decline in the market value of held-to-maturity securities below cost that is deemed to be other than temporary, results in an impairment that reduces the carrying costs to such securities' fair value. The impairment is charged to earnings and a new cost basis for the security is established. To determine whether an impairment is other than temporary, the Company considers whether it has the ability and intent to hold the investment until a market price recovery and considers whether evidence indicating the cost of the investment is recoverable outweighs evidence to the contrary. Evidence considered in this assessment includes the reasons for the impairment, the severity and the duration of the impairment, changes in value subsequent to year-end, forecasted performance of the investee, and the general market condition in the geographic area or industry the investee operates in.
	Premiums and discounts are amortized or accreted over the life of the related held-to-maturity security as an adjustment to yield using the effective-interest method. Such amortization and accretion is included in the “interest income” line item in the statements of operations. Interest income is recognized when earned.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Income Tax	'
	Income Tax
	Deferred income taxes are provided for the differences between the bases of assets and liabilities for financial reporting and income tax purposes. A valuation allowance is established when necessary to reduce deferred tax assets to the amount expected to be realized. At December 31, 2013 and 2012, the Company has a deferred tax asset of approximately $360,000 and $21,000, respectively, related to net operating loss carry forwards which begin to expire in 2031 and start-up costs. Management has determined that a full valuation allowance of the deferred tax asset is appropriate at this time.
	The Company is required to determine whether its tax positions are more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit recognized is measured as the largest amount of benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement with the relevant taxing authority.
	De-recognition of a tax benefit previously recognized results in the Company recording a tax liability that reduces ending retained earnings. Based on its analysis, the Company has determined that it has not incurred any liability for unrecognized tax benefits as of December 31, 2013 or 2012. The Company’s conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to, on-going analyses of and changes to tax laws, regulations and interpretations thereof. The Company files an income tax return in the U.S. federal jurisdiction, and may file income tax returns in various U.S. states and foreign jurisdictions.  Generally, the Company is subject to income tax examinations by major taxing authorities since inception.
	The Company recognizes interest and penalties related to unrecognized tax benefits in interest expense and other expenses, respectively. No interest expense or penalties have been recognized as of December 31, 2013 or 2012.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures”, approximates the carrying amounts represented in the accompanying balance sheets.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.
Concentration of Credit Risk	'
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
Redeemable Common Stock	'
	Redeemable Common Stock
	As discussed in Note 1, all of the 7,500,000 common shares sold as part of the units in the public offering contain a redemption feature which allows for the redemption of common shares under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with ASC Topic 480 "Distinguishing Liabilities from Equity", redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity.
	Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC Topic 480. Although the Company does not specify a maximum redemption threshold, its charter provides that in no event will they redeem its public shares in an amount that would cause its net tangible assets (stockholders’ equity) to be less than $5,000,001.
	The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock shall be affected by charges against the par value of common stock and retained earnings, or in the absence of retained earnings, by charges against additional paid-in capital in accordance with ASC Topic 480-10-S99. Accordingly, at December 31, 2013 and 2012, public shares of 6,180,953 and 6,283,617, respectively, are classified outside of permanent equity at its redemption value. The redemption value is equal to the pro rata share of the aggregate amount then on deposit in the Trust Account, including any amounts representing interest earned on the trust account, less any interest released to the Company for working capital purposes or the payment of taxes (approximately $10.00 at December 31, 2013).

Investment_Held_in_Trust_Accou1

Investment Held in Trust Account (Tables)	12 Months Ended
	Dec. 31, 2013
Investment Held in Trust Account [Abstract]	'
Schedule of gross unrealized holding gain (loss) and fair value of held to maturity securities	'
		Carrying		Gross		Fair
		Value at		Unrealized		Value at
		December 31,		Holding		December 31,
		2013		Gain		2013
	Held-to-maturity:
	U.S. Treasury Securities	$	75,043,861	$	1,138	$	75,044,999
		Carrying		Gross		Fair
		Value at		Unrealized		Value at
		December 31,		Holding		December 31,
		2012		Loss		2012
	Held-to-maturity:
	U.S. Treasury Securities	$	74,976,321	$	-6,321	$	74,970,000

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'
		December 31,		Quoted Prices		Significant		Significant
				In Active		Other		Other
				Markets		Observable		Unobservable
						Inputs		Inputs
	Description	2013		(Level 1)		(Level 2)		(Level 3)
	Assets:
	U.S. Treasury Securities held in Trust Account	$	75,044,999	$	75,044,999		—		—
	Liabilities:
	Warrant Liability	$	5,906,250		—	$	5,906,250		—
		December 31,		Quoted Prices		Significant		Significant
				In Active		Other		Other
				Markets		Observable		Unobservable
						Inputs		Inputs
	Description	2012		(Level 1)		(Level 2)		(Level 3)
	Assets:
	U.S. Treasury Securities held in Trust Account	$	74,970,000	$	74,970,000		—		—
	Liabilities:
	Warrant Liability	$	5,906,250		—	$	5,906,250		—

Description_of_Organization_an1

Description of Organization and Business Operations (Details) (USD $)	1 Months Ended	12 Months Ended		29 Months Ended
	Dec. 19, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Description of Organization and Business Operations (Textual)	'	'	'	'
Proceeds from Public Offering	$76,120,000	'	$75,000,000	$75,000,000
Amount received from private placement	3,750,000	'	'	'
Units sold under private placement	375,000	'	'	'
Legal, accounting and underwriting fees	2,630,000	'	'	'
Unit Description	'Each purchased units consisting of one share of common stock and a warrant to purchase one share of common stock	'Each unit consists of (i) one share of the Company's common stock, $0.0001 par value ("common stock"), and (ii) one warrant to purchase one share of common stock ("warrant").	'	'
Proceeds under private placement held in trust	'	75,000,000	'	75,000,000
Maximum maturity period of U S treasury bill	'	'180 days	'	'
Description of anticipated equity method investment	'	'The management team anticipates structuring a business combination to acquire 100% of the equity interests or assets of the target business or businesses. It may also, however, structure a business combination to acquire less than 100% of such interests or assets of the target business but will not acquire less than a controlling interest.	'	'
Net tangible assets required	'	$5,000,001	'	'

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Summary of Significant Accounting Policies (Textual)	'	'
Deferred tax asset net operating loss carry forwards	$360,000	$21,000
Operating loss carry forwards expiration period	31-Dec-31	'
Liability for unrecognized tax benefits	'	'
Interest expense or penalties related to unrecognized tax benefits	'	'
Federal depository insurance coverage	250,000	'
Common shares sold as part of the units in the public offering	7,500,000	'
Net tangible assets required	$5,000,001	'
Number of shares classified to temporary equity	6,180,953	6,283,617
Temporary equity, redemption price per share	$10	$10

Public_Offering_Details

Public Offering (Details) (USD $)	1 Months Ended	12 Months Ended
	Dec. 19, 2012	Dec. 31, 2013
Public Offering (Textual)	'	'
Common shares sold as part of the units in the public offering	'	7,500,000
Sale price of unit	'	$10
Unit description	'Each purchased units consisting of one share of common stock and a warrant to purchase one share of common stock	'Each unit consists of (i) one share of the Company's common stock, $0.0001 par value ("common stock"), and (ii) one warrant to purchase one share of common stock ("warrant").
Warrant exercise price	'	$11.50
Warrant exercisable description	'	'
		Each warrant will become exercisable on the later of 30 days after the completion of an initial business combination and one year from the date of the prospectus for the public offering, and will expire five years from the date of the initial business combination, or earlier upon redemption or liquidation.
Warrant redemption price	'	$0.01
Notice Period	'	'30 days
Warrant redemption description	'	'The Company may redeem the warrants at a price of $0.01 per warrant upon 30 days' prior written notice after the warrants become exercisable, only in the event that the last sales price of the common stock (or the closing bid price of the common stock in the event shares of our common stock are not traded on any specific trading day) equals or exceeds $17.50 per share for any 20 trading days within a 30 trading day period ending three business days before the notice of redemption is given.

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	1 Months Ended	12 Months Ended		0 Months Ended
	Dec. 19, 2012	Dec. 31, 2013	Dec. 31, 2012	Aug. 09, 2011
				Private Placement [Member]
Related Party Transactions Textual [Abstract]	'	'	'	'
Restricted common stock issued to its sponsor	'	'	'	2,156,250
Reverse stock split	'	'	'	'0.75-for-1 reverse stock split effectuated on July 10, 2012
Aggregate purchase price of restricted common stock	'	'	'	$25,000
Restricted common stock forfeited in February 2013	'	'	'	281,250
Share transfer restriction, description	'	'	'	'The initial shares will not be released from transfer restrictions until: (i) one year after the consummation of the Company's initial business combination or earlier if, subsequent to its business combination, the last sales price of its common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after its initial business combination, or (ii) the date on which it consummates a liquidation, merger, stock exchange or other similar transaction after its initial business combination that results in all of its stockholders having the right to exchange their shares of common stock for cash, securities or other property.
Sale price of common stock after business combination	'	'	'	$12
Sale of units to sponsor	7,875,000	7,500,000	'	375,000
Sale price of unit	'	$10	'	$10
Unit description	'Each purchased units consisting of one share of common stock and a warrant to purchase one share of common stock	'Each unit consists of (i) one share of the Company's common stock, $0.0001 par value ("common stock"), and (ii) one warrant to purchase one share of common stock ("warrant").	'	'Each unit consisting of one share of common stock and a warrant to purchase one share of common stock.
Proceeds from sale of units	'	'	'	3,750,000
Due to Chart Group	'	1,442	1,322	'
Sponsor fee per month for office space and general and administrative services	'	10,000	'	'
Service Agreement Expense	'	120,000	5,000	'
Prepaid expenses	'	$5,000	'	'

Commitments_Details

Commitments (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
Commitments (Textual)	'
Underwriting discount, percentage	2.75%
Underwriting discount	$2,062,500
Deferred fee, percentage	3.13%
Deferred fee	$2,343,750

Warrant_Liability_Details

Warrant Liability (Details) (USD $)	1 Months Ended	12 Months Ended
	Dec. 19, 2012	Dec. 31, 2013	Dec. 31, 2012
Warrants Liability (Textual)	'	'	'
Common shares sold as part of the units in the public offering	7,875,000	7,500,000	'
Warrants Term	'	'5 years	'
Warrant Liability	'	$5,906,250	$5,906,250
Period in which request can be made by warrant holder	'	'30 days	'
Period in which company shall purchase warrant	'	'5 days	'
Description of warrant based on the Black Scholes Option Pricing Model	'	'	'
		Warrant based on the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg using (i) a price per share of common stock equal to the Closing Sale Price of the common stock for the trading day immediately preceding the date of consummation of the applicable Fundamental Transaction, (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of such Warrant as of such date of request, and (iii) an expected volatility equal to the greater of (A) forty percent (40%) and (B) the 30-day volatility obtained from the HVT function on Bloomberg determined as of the trading day immediately following the announcement of the Fundamental Transaction, (iv) a "Style" of "Warrant" and (v) a "Warrant type" of "Capped" where "Call cap" equals $17.50.
Warranty	'	'	'
	Which subsequently separated into one common share and one warrant.

Investment_Held_in_Trust_Accou2

Investment Held in Trust Account (Details) (US Treasury Securities [Member], USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
US Treasury Securities [Member]	'	'
Summary of carrying value, excluding accrued interest income, gross unrealized holding loss and fair value of held to maturity securities	'	'
Held-to-maturity securities, Carrying value	$75,043,861	$74,976,321
Held-to-maturity Securities, gross unrealized holding gain (loss)	1,138	-6,321
Held-to-maturity Securities, fair value	$75,044,999	$74,970,000

Investment_Held_in_Trust_Accou3

Investment Held in Trust Account (Details Textual) (USD $)	12 Months Ended		29 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Investment Held in Trust Account (Textual)	'	'	'
Deferred Underwriters' Fee	'	$2,343,750	$2,343,750
Proceeds deposited in Trust Account	'	75,000,000	75,000,000
Investment securities held as cash	4,860	25,500	4,860
US Treasury Securities [Member]	'	'	'
Investment Held in Trust Account (Textual)	'	'	'
Investment securities in the Company's Trust Account consist in United States Treasury Bills	$75,043,861	$74,976,321	$75,043,861

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Liabilities, Fair Value Disclosure [Abstract]	'	'
Warrant Liability	$5,906,250	$5,906,250
U.S. Treasury Securities held in Trust Account [Member]	'	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'	'
Fair value	75,044,999	74,970,000
Recurring basis [Member] | U.S. Treasury Securities held in Trust Account [Member]	'	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'	'
Fair value	75,044,999	74,970,000
Liabilities, Fair Value Disclosure [Abstract]	'	'
Warrant Liability	5,906,250	5,906,250
Recurring basis [Member] | Quoted Prices In Active Markets (Level 1) [Member] | U.S. Treasury Securities held in Trust Account [Member]	'	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'	'
Fair value	75,044,999	74,970,000
Liabilities, Fair Value Disclosure [Abstract]	'	'
Warrant Liability	'	'
Recurring basis [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury Securities held in Trust Account [Member]	'	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'	'
Fair value	'	'
Liabilities, Fair Value Disclosure [Abstract]	'	'
Warrant Liability	5,906,250	5,906,250
Recurring basis [Member] | Significant Other Unobservable Inputs (Level 3) [Member] | U.S. Treasury Securities held in Trust Account [Member]	'	'
Schedule of Company's assets and liabilities that are measured at fair value on a recurring basis	'	'
Fair value	'	'
Liabilities, Fair Value Disclosure [Abstract]	'	'
Warrant Liability	'	'

Stockholders_Equity_Details

Stockholders' Equity (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stockholders' Equity (Textual)	'	'
Common stock, shares authorized	29,000,000	29,000,000
Common stock, shares outstanding	3,569,047	3,747,633
Number of shares classified to temporary equity	6,180,953	6,283,617
Preferred Stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	'	'
Common stock voting right, description	'	'
	One vote for each share

Subsequent_Event_Details

Subsequent Event (Details) (Subsequent Event [Member], USD $)	0 Months Ended
	Feb. 04, 2014	Feb. 07, 2014	Feb. 10, 2014
Subsequent Event [Member]	'	'	'
Subsequent Event (Textual)	'	'	'
Unsecured promissory note issued	$140,000	$13,333	$246,667
Description of unsecured promissory note issued	'The principal balance of the note is payable on the date of the consummation of a business combination.	'The principal balance of the note is payable on the date of the consummation of a business combination.	'The principal balance of the note is payable on the earlier of (i) the date that is nine (9) months from the date of the note or (ii) the date on which the Company consummates a business combination.