Gaucho (VINOQ) 10-Q 16 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 16, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	Algodon Wines & Luxury Development Group, Inc.
Entity Central Index Key	1,559,998
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		38,600,062

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash	$ 372,091	$ 442,725
Accounts receivables, net	254,116	292,840
Accounts receivables - related parties, net	500,318	265,111
Advances and loans to registered representatives, net	348,415	208,019
Inventory	1,477,430	1,487,166
Prepaid expenses and other current assets, net	435,364	454,996
Total Current Assets	3,387,734	3,150,857
Property and equipment, net	6,103,756	6,668,504
Prepaid foreign taxes, net	542,581	672,541
Investment - related parties	140,319	294,653
Deposits	64,249	42,269
Total Assets	10,238,639	10,828,824
Current liabilities
Accounts payable	503,798	719,997
Accrued expenses, current portion	2,107,856	2,655,791
Deferred revenue	1,385,705	1,229,029
Loans payable	0	100,000
Convertible debt obligations	287,500	337,500
Other liabilities	1,122	5,884
Total Current Liabilities	4,285,981	5,048,201
Accrued expenses, non-current portion	257,981	0
Total Liabilities	$ 4,543,962	$ 5,048,201
Commitments and Contingencies
Stockholders' Equity
Series A convertible preferred stock, par value $0.01 per share; 11,000,000 shares authorized; 902,670 shares available for issuance; 0 shares issued and outstanding at September 30, 2015 and December 31, 2014	$ 0	$ 0
Common stock, par value $0.01 per share; 80,000,000 shares authorized; 38,604,473 and 35,745,831 shares issued and 38,600,062 and 35,741,420 shares outstanding as of September 30, 2015 and December 31, 2014, respectively	386,045	357,458
Additional paid-in capital	69,072,084	62,517,913
Accumulated other comprehensive loss	(7,903,558)	(7,770,214)
Accumulated deficit	(55,845,824)	(49,310,464)
Treasury stock, at cost, 4,411 shares at September 30, 2015 and December 31, 2014	(14,070)	(14,070)
Total Stockholders' Equity	5,694,677	5,780,623
Total Liabilities and Stockholders' Equity	$ 10,238,639	$ 10,828,824

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	11,000,000	11,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Convertible Preferred Stock, Shares Reserved for Future Issuance	902,670	902,670
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	80,000,000	80,000,000
Common Stock, Shares Issued	38,604,473	35,745,831
Common Stock, Shares Outstanding	38,600,062	35,741,420
Treasury Stock, Shares	4,411	4,411

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Sales	$ 593,114	$ 519,925	$ 1,434,352	$ 1,528,689
Cost of sales	(444,814)	(613,534)	(1,565,485)	(1,941,924)
Gross profit (loss)	148,300	(93,609)	(131,133)	(413,235)
Operating Expenses
Selling and marketing	39,820	32,104	176,674	231,328
General and administrative	1,673,925	1,783,101	5,854,367	5,512,184
Depreciation and amortization	53,594	77,254	185,262	219,376
Total operating expenses	1,767,339	1,892,459	6,216,303	5,962,888
Loss from Operations	(1,619,039)	(1,986,068)	(6,347,436)	(6,376,123)
Other Expenses
Interest expense, net	34,388	26,311	187,924	141,779
Loss on extinguishment of convertible debt	0	709	0	220,128
Total other expenses	34,388	27,020	187,924	361,907
Net Loss	(1,653,427)	(2,013,088)	(6,535,360)	(6,738,030)
Cumulative preferred stock dividends	0	(66,888)	0	(672,766)
Net Loss Attributable to Common Stockholders	$ (1,653,427)	$ (2,079,976)	$ (6,535,360)	$ (7,410,796)
Net Loss Per Share Attributable to Common Stockholders:
Basic and Diluted (in dollars per share)	$ (0.04)	$ (0.06)	$ (0.18)	$ (0.28)
Weighted Average Number of Common Shares Outstanding:
Basic and Diluted (in shares)	38,592,564	32,023,275	37,342,916	26,684,520

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Loss	$ (1,653,427)	$ (2,013,088)	$ (6,535,360)	$ (6,738,030)
Other Comprehensive Loss
Foreign currency translation adjustments	(115,931)	(159,745)	(133,344)	(1,682,730)
Total Comprehensive Loss	$ (1,769,358)	$ (2,172,833)	$ (6,668,704)	$ (8,420,760)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - 9 months ended Sep. 30, 2015 - USD ($)	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Accmulated Deficit [Member]
Balance at Dec. 31, 2014	$ 5,780,623	$ 357,458	$ (14,070)	$ 62,517,913	$ (7,770,214)	$ (49,310,464)
Balance (Shares) at Dec. 31, 2014		35,745,831	4,411
Stock-based compensation:
Common stock issued under 401(k) profit sharing plan	73,400	$ 367	$ 0	73,033	0	0
Common stock issued under 401(k) profit sharing plan (in shares)		36,700	0
Options and warrants	865,474	$ 0	$ 0	865,474	0	0
Options and warrants (in shares)		0	0
Common stock issued for cash	5,643,884	$ 28,220		5,615,664	0	0
Common stock issued for cash (in shares)		2,821,942
Comprehensive loss:
Net loss	(6,535,360)	$ 0	$ 0	0	0	(6,535,360)
Other comprehensive loss	(133,344)	0	0	0	(133,344)	0
Balance at Sep. 30, 2015	$ 5,694,677	$ 386,045	$ (14,070)	$ 69,072,084	$ (7,903,558)	$ (55,845,824)
Balance (Shares) at Sep. 30, 2015		38,604,473	4,411

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities
Net loss	$ (6,535,360)	$ (6,738,030)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	937,317	570,061
Net realized and unrealized investment losses	170,210	18,409
Depreciation and amortization	185,262	343,353
Provision for uncollectable assets	80,401	(172,726)
Prepaid compensation amortization	3,083	(3,672)
Unrealized exchange rate loss on liabilities denominated in foreign currency	0	177,244
Loss on extinguishment of convertible debt	0	220,128
Other non-cash income, net	(15,876)	0
Decrease (increase) in assets:
Accounts receivable	(292,076)	55,472
Inventory	(18,727)	(325,138)
Prepaid expenses and other current assets	(139,714)	8,985
Deposits	(22,284)	0
Increase (decrease) in liabilities:
Accounts payable and accrued expenses	(359,577)	912,258
Deferred revenue	275,136	64,057
Other liabilities	(4,762)	(4,348)
Total Adjustments	798,393	1,864,083
Net Cash Used in Operating Activities	(5,736,967)	(4,873,947)
Cash Flows from Investing Activities
Purchase of property and equipment	(369,873)	(645,331)
Net Cash Used in Investing Activities	(369,873)	(645,331)
Cash Flows from Financing Activities
Proceeds from exercise of common stock options	0	49,959
Proceeds from issuance of loans payable	0	325,000
Repayments of loans payable	(100,000)	(318,846)
Repayments of convertible debt obligations	(50,000)	(729,022)
Proceeds from common stock offering	5,643,884	0
Proceeds from preferred stock offering	0	1,770,575
Proceeds from issuance of preferred stock	0	4,110,877
Net Cash Provided by Financing Activities	5,493,884	5,208,543
Effect of Exchange Rate Changes on Cash	542,322	438,767
Net (Decrease) Increase in Cash	(70,634)	128,032
Cash - Beginning of Year	442,725	207,418
Cash - End of Period	372,091	335,450
Supplemental Disclosures of Cash Flow Information:
Interest paid	128,171	471,103
Income taxes paid	20,550	66,846
Non-Cash Investing and Financing Activity
Debt and interest converted to equity	0	876,908
Common stock converted into preferred and retired	0	94,790
Common stock issued to settle operational expenses	0	136,091
Accrued stock based compensation converted to equity	73,401	48,272
Issuance of preferred stock previously subscribed	0	789,800
Debt and interest converted to pending equity	$ 0	$ 668,103

ORGANIZATION

ORGANIZATION	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation [Text Block]	ORGANIZATION Through its wholly-owned subsidiaries, Algodon Wines & Luxury Development Group, Inc. (“Company”, “Algodon Partners”, “AWLD”), a Delaware corporation that was incorporated on April 5, 1999, currently invests in, develops and operates international real estate projects. The Company’s wholly-owned subsidiaries are InvestProperty Group, LLC, Algodon Global Properties, LLC, DPEC Capital, Inc. (“CAP”), and Algodon Europe, Ltd. AWLD also owns approximately 96.5% of Mercari Communications Group, Ltd. (“Mercari”), a public shell corporation that is current in its SEC reporting obligations and is a ready target for merger or sale. Mercari is a consolidated subsidiary of the Company and the noncontrolling interest is negligible. Through its subsidiaries, the Company currently operates Algodon Mansion (“TAR”), a Buenos Aires-based luxury boutique hotel property and we have redeveloped, expanded and repositioned a winery and golf resort property called Algodon Wine Estates (“AWE”) for subdivision of a portion of this property for residential development.

GOING CONCERN AND MANAGEMENT'S

GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS	9 Months Ended
	Sep. 30, 2015
Going Concern And Management's Liquidity Plans [Abstract]
Going Concern And Management's Liquidity Plans [Text Block]	2. GOING CONCERN AND MANAGEMENT’S LIQUIDITY PLANS The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company incurred losses of $ 1,653,427 6,535,360 2,013,088 6,738,030 5,736,967 4,873,947 The Company needs to raise additional capital in order to expand its business objectives. The Company funded its operations primarily through private placement offerings of equity for net proceeds of $ 5,643,884 5,881,452 0 150,000 1,047,868 49,959

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed consolidated financial statements of the Company as of September 30, 2015, and for the three and nine months ended September 30, 2015 and 2014. The results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the operating results for the full year. It is suggested that these unaudited condensed consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission (“SEC”) on March 31, 2015. The condensed consolidated balance sheet as of December 31, 2014 has been derived from the Company's audited consolidated financial statements. To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, the Company must make estimates and assumptions. These estimates and assumptions affect the reported amounts in the financial statements, and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The significant estimates and related assumptions made by the Company relate to the valuation of equity instruments, the useful lives of property and equipment and reserves associated with the realizability of certain assets. The FASB has established standards for reporting information on operating segments of an enterprise in interim and annual financial statements. The Company operates in one segment which is the business of real estate development in Argentina. The Company’s chief operating decision-maker reviews the Company’s operating results on an aggregate basis and manages the Company’s operations as a single operating segment. Certain activities of the Company such as the U.S. Broker Dealer Operations, are considered a service or support division to the Company, by providing capital raising efforts, substantially to support the AWLD real estate development activities, and are not considered a business for segment purposes. Certain prior year balances have been reclassified in order to conform to current year presentation. These reclassifications have no effect on previously reported results of operations or loss per share. The Company’s functional and reporting currency is the United States dollar. The functional currencies of the Company’s operating subsidiaries are their local currencies (United States dollar, Argentine peso and British pound). There has been a steady devaluation of the Argentine peso relative to the United States dollar in recent years. Assets and liabilities are translated into U.S. dollars at the exchange rate as of the balance sheet date ( 9.4154 8.5411 8.9612 7.9740 A highly inflationary economy is defined as an economy with a cumulative inflation rate of approximately 100 44 Investments in property and equipment are recorded at cost. These assets are depreciated using the straight-line method over their estimated useful lives. Most of the Company’s assets are located in Argentina and are subject to variation as a result of foreign currency translation. The Company capitalizes internal vineyard improvement costs when developing new vineyards or replacing or improving existing vineyards. These costs consist primarily of the costs of the vines and expenditures related to labor and materials to prepare the land and construct vine trellises. Expenditures for repairs and maintenance are charged to operating expense as incurred. The cost of properties sold or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts at the time of disposal and resulting gains and losses are included as a component of operating income. Real estate development consists of costs incurred to ready the land for sale, including primarily costs of infrastructure as well as master plan development and associated professional fees. Such costs will be allocated to individual lots proportionately based on square meters and those allocated costs will be derecognized upon the sale of individual lots. Given that they are not currently in service, the assets are not currently being depreciated. The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on financial reporting dates and vesting dates until the service period is complete. The fair value amount of the shares expected to ultimately vest is then recognized over the period services are required to be provided in exchange for the award, usually the vesting period. The estimation of stock-based awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from original estimates, such amounts are recorded as a cumulative adjustment in the period estimates are revised. The Company considers many factors when estimating expected forfeitures, including types of awards, employee class, and historical experience. The Company maintains cash with major financial institutions. Cash held in US bank institutions is currently insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $ 250,000 186,019 135,098 Comprehensive loss is defined as the change in equity of a business during a period from transactions and other events and circumstances from non-owner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. The guidance requires other comprehensive loss to include foreign currency translation adjustments. The Company earns revenues from its real estate, hospitality, food & beverage, broker-dealer and other related services. Revenues from rooms, food and beverage, and other operating departments are recognized as earned at the time of sale or rendering of service. Cash received in advance of the sale or rendering of services is recorded as advance deposits or deferred revenue on the condensed consolidated balance sheets. Deferred revenues associated with real estate lot sale deposits are recognized as revenues (along with any outstanding balance) when the lot sale closes and the deed is provided to the purchaser. Other deferred revenues primarily consist of deposits accepted by the Company in connection with agreements to sell barrels of wine. These wine barrel deposits are recognized as revenues (along with any outstanding balance) when the barrel of wine is shipped to the purchaser. Sales taxes and value added (“VAT”) taxes collected from customers and remitted to governmental authorities are presented on a net basis within revenues in the condensed consolidated statements of operations. Basic loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding, plus the impact of common shares, if dilutive, resulting from the exercise of outstanding stock options and warrants and the conversion of convertible instruments. September 30 2015 2014 Options 8,956,311 7,806,836 Warrants 1,350,895 957,848 Convertible Instruments - 253,822 Total potentially dilutive shares 10,307,206 9,018,506 In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which applies to inventory that is measured using first-in, first-out ("FIFO") or average cost. Under the updated guidance, an entity should measure inventory that is within scope at the lower of cost and net realizable value, which is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory that is measured using last-in, last-out ("LIFO"). This ASU is effective for annual and interim periods beginning after December 15, 2016, and should be applied prospectively with early adoption permitted at the beginning of an interim or annual reporting period. The Company is currently evaluating the impact of adopting this guidance.

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	4. INVENTORY September 30, December 31, 2015 2014 Vineyard in Process $ 179,509 $ 247,234 Wine in Process 1,092,095 990,923 Finished Wine 112,126 118,869 Other 93,700 130,140 $ 1,477,430 $ 1,487,166

NET CAPITAL REQUIREMENTS

NET CAPITAL REQUIREMENTS	9 Months Ended
	Sep. 30, 2015
Regulatory Capital Requirements [Abstract]
Net Capital Requirements [Text Block]	5. NET CAPITAL REQUIREMENTS The Company’s subsidiary, CAP, as a registered broker-dealer, is subject to the SEC’s Uniform Net Capital Rule 15c3-1 that requires the maintenance of minimum net capital. This requires that CAP maintain minimum net capital of $ 5,000 15 As of September 30, 2015 and December 31, 2014, CAP’s net capital exceeded the requirement by $ 95,027 12,860 The Company had a percentage of aggregate indebtedness to net capital of approximately 18 432 Advances, dividend payments and other equity withdrawals are restricted by the regulations of the SEC, and other regulatory agencies are subject to certain notification and other provisions of the net capital rules of the SEC. The Company qualifies under the exemptive provisions of Rule 15c3-3 as the Company does not carry security accounts for customers or perform custodial functions related to customer securities.

INVESTMENTS AND FAIR VALUE OF F

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	6. INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company often utilizes certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or developed by the Company. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: Level 1 - Valued based on quoted prices at the measurement date for identical assets or liabilities trading in active markets. Financial instruments in this category generally include actively traded equity securities. Level 2 - Valued based on (a) quoted prices for similar assets or liabilities in active markets; (b) quoted prices for identical or similar assets or liabilities in markets that are not active; (c) inputs other than quoted prices that are observable for the asset or liability; or (d) from market corroborated inputs. Financial instruments in this category include certain corporate equities that are not actively traded or are otherwise restricted. Level 3 - Valued based on valuation techniques in which one or more significant inputs is not readily observable. Included in this category are certain corporate debt instruments, certain private equity investments, and certain commitments and guarantees. As of September 30, 2015 Level 1 Level 2 Level 3 Total Warrants- Affiliates $ - $ - $ 140,319 $ 140,319 As of December 31, 2014 Level 1 Level 2 Level 3 Total Warrants- Affiliates $ - $ - $ 294,653 $ 294,653 Warrants Balance - December 31, 2014 $ 294,653 Received 52,928 Allocated to employees as compensation (37,052) Unrealized loss (170,210) Balance - September 30, 2015 $ 140,319 September 30, December 31, 2015 2014 Accumulated unrealized (losses) gains related to investments at fair value $ (32,173) $ 114,188 It is the Company’s policy to distribute part or all of the warrants CAP earns through serving as placement agent on various private placement offerings for a related but independent entity under common management, to registered representatives or other employees who provided investment banking services. The Company recorded $ 37,052 29,772 170,210 The fair value of the warrants was determined based on the Black-Scholes option pricing model, which requires the input of highly subjective assumptions, including the expected share price volatility. Given that such shares were not publicly-traded, the Company developed an expected volatility figure based on a review of the historical volatilities, over a period of time, of similarly positioned public companies within the industry. The Company’s short term financial instruments include cash, accounts receivable, advances and loans to registered representatives, accounts payable, accrued expenses, deferred revenue and other current liabilities, each of which approximate their fair values based upon their short term nature. The Company’s other financial instruments include loans payable and convertible debt obligations. The carrying value of these instruments approximate fair value, as they bear terms and conditions comparable to market, for obligations with similar terms and maturities.

ACCRUED EXPENSES

ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2015
Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	7. ACCRUED EXPENSES September 30, December 31, 2015 2014 Accrued compensation & payroll taxes $ 1,574,720 $ 2,003,866 Other taxes payable 224,597 186,559 Accrued interest 245,738 321,729 Other accrued expenses 62,801 143,637 Total $ 2,107,856 $ 2,655,791 During May 2015, the Company entered into a payment plan, under which it agreed to pay its past due Argentine payroll tax obligations over a period of 36 116,112 257,981

CONVERTIBLE DEBT OBLIGATIONS

CONVERTIBLE DEBT OBLIGATIONS	9 Months Ended
	Sep. 30, 2015
Convertible Debt [Abstract]
Convertible Debt Disclosure [Text Block]	8. CONVERTIBLE DEBT OBLIGATIONS September 30, 2015 December 31, 2014 Principal Interest [1] Total Principal Interest [1] Total 8% Convertible Notes $ 237,500 $ 213,648 $ 451,148 $ 287,500 $ 188,988 $ 476,488 12.5% Convertible Notes 50,000 32,090 82,090 50,000 25,433 75,433 Total $ 287,500 $ 245,506 $ 533,238 $ 337,500 $ 214,421 $ 551,921 [1] Accrued interest is included as a component of accrued expenses on the condensed consolidated balance sheets. During the nine months ended September 30, 2015, $ 50,000 9,943 31,317 24,541 95,146

LOANS PAYABLE

LOANS PAYABLE	9 Months Ended
	Sep. 30, 2015
Loans Payable [Abstract]
Debt Disclosure [Text Block]	9. LOANS PAYABLE Loans payable of $ 100,000 8 100,000 11,233

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	10. RELATED PARTY TRANSACTIONS Receivables Accounts receivable – related parties, net of $ 500,318 265,111 Investments See Note 6 – Investments and fair value of financial instruments, for information related to investments in related parties. Revenues For three and nine months ended September 30, 2015, CAP recorded $238,517 of private equity and venture capital fees arising from private placement transactions on behalf of a related, but independent, entity under common management. Of this amount, $185,589 represent cash fees and $52,928 represent fees in the form of warrants, which were recorded at fair value as of the grant date using the Black-Scholes option pricing model. No similar fees were earned during the three and nine months ended September 30, 2014. Expense Sharing On April 1, 2010, the Company entered into an agreement with a related, but independent, entity under common management, to share expenses such as office space, support staff and other operating expenses. General and administrative expenses were reduced by $ 39,196 124,133 45,927 131,523 The Company has an expense sharing agreement with a related, but independent entity to share expenses such as office space and other clerical services. The owners of more than 5 401,482 389,512 347,000 289,000 Other Relationships An investor and a greater than 5% stockholder of the Company is affiliated with a company that imports wines for AWE to the United States.

BENEFIT CONTRIBUTION PLAN

BENEFIT CONTRIBUTION PLAN	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Compensation and Employee Benefit Plans [Text Block]	11. BENEFIT CONTRIBUTION PLAN The Company sponsors a 401(k) profit-sharing plan (“401(k) Plan”) that covers substantially all of its employees in the United States. The 401(k) Plan provides for a discretionary annual contribution, which is allocated in proportion to compensation. In addition, each participant may elect to contribute to the 401(k) Plan by way of a salary deduction. A participant is always fully vested in their account, including the Company’s contribution. The Company recorded a charge associated with its contribution of $ 6,108 71,842 23,730 50,933 2.00 2.25

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	12. STOCKHOLDERS’ EQUITY Common Stock During the nine months ended September 30, 2015, the Company issued 2,821,942 2.00 5,643,884 Accumulated Other Comprehensive Loss The Company recorded foreign currency translation adjustments of $ (115,931) (133,344) 159,745 1,682,730 Warrants During the three and nine months ended September 30, 2015, in connection with the sale of its equity securities, the Company issued five-year warrants to its subsidiary CAP, who acted as placement agent, to purchase 112,407 327,351 2.00 154 237,618 2.30 80,259 235,105 0 198,997 Weighted Weighted Average Average Remaining Number of Exercise Life Intrinsic Warrants Price in Years Value Outstanding, December 31, 2014 1,069,674 $ 2.26 Issued 327,351 2.00 Exercised - - Expired (46,130) 1.59 Outstanding, September 30, 2015 1,350,895 $ 2.24 2.9 $ - Exercisable, September 30, 2015 1,350,895 $ 2.24 2.9 $ - Warrants Oustanding Warrants Exercisable Weighted Outstanding Average Exercisable Exercise Number of Remaining Life Number of Price Exercisable Into Warrants In Years Warrants $ 2.30 Preferred A 973,544 2.8 973,544 $ 2.00 Common 377,351 3.2 377,351 Total 1,350,895 2.9 1,350,895 Stock Options The Company has computed the fair value of options granted using the Black-Scholes option pricing model. There is currently no public trading market for the shares of AWLD common stock underlying the Company’s 2008 Equity Incentive Plan (the “2008 Plan”). Accordingly, the fair value of the AWLD common stock was estimated by management based on observations of the cash sales prices of AWLD equity securities. Forfeitures are estimated at the time of valuation and reduce expense ratably over the vesting period. This estimate will be adjusted periodically based on the extent to which actual forfeitures differ, or are expected to differ, from the previous estimate, when it is material. The expected term of options granted to consultants represents the contractual term, whereas the expected term of options granted to employees and directors was estimated based upon the “simplified” method for “plain-vanilla” options. Given that the Company’s shares are not publicly traded, the Company developed an expected volatility figure based on a review of the historical volatilities, over a period of time, of similarly positioned public companies within its industry. The risk-free interest rate was determined from the implied yields from U.S. Treasury zero-coupon bonds with a remaining term consistent with the expected term of the options. The Company estimated forfeitures related to options at an annual rate of 5 On June 15, 2015, the Company granted five-year options to purchase an aggregate of 2,211,890 2,201,890 2.20 10,000 3.30 1,409,900 1,251,384 158,516 For The Three Months Ended For The Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Risk free interest rate n/a 1.11 % 0.00 % 1.11 % Expected term (years) n/a 3.43 3.59 3.43 Expected volatility n/a 46.4 % 46.1 % 46.4 % Expected dividends n/a 0 % 0 % 0 % Forfeiture rate n/a 5.0 % 5.0 % 5.0 % There were no options granted during the three months ended September 30, 2015. The weighted average grant date fair value per share of options granted during the nine months ended September 30, 2015 was $ 0.64 0.56 During April 2015, in connection with certain employee separation agreements, the Company modified options to purchase an aggregate of 132,671 68,671 64,000 0 40,300 The Company recorded stock-based compensation expense related to stock option grants of $ 178,946 630,372 144,163 371,064 2,033,810 3.5 328,415 Weighted Weighted Average Average Remaining Number of Exercise Life Intrinsic Options Price In Years Value Outstanding, December 31, 2014 7,806,836 $ 2.85 Granted 2,211,890 2.20 Exercised - - Expired (643,836) 2.95 Forfeited (418,579) 2.52 Outstanding, September 30, 2015 8,956,311 $ 2.70 3.1 $ - Exercisable, September 30, 2015 5,321,921 $ 2.96 2.3 $ - Options Outstanding Options Exercisable Weighted Outstanding Average Exercisable Exercise Number of Remaining Life Number of Price Options In Years Options $ 2.20 2,201,890 - - $ 2.48 4,873,000 3.1 3,450,500 $ 3.85 10,000 - - $ 3.85 25,000 2.7 25,000 $ 3.85 1,846,421 0.8 1,846,421 8,956,311 2.3 5,321,921

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	13. COMMITMENTS AND CONTINGENCIES Legal Matters The Company is involved in litigation and arbitrations from time to time in the ordinary course of business. The Company does not believe that the outcome of any such pending or threatened litigation will have a material adverse effect on its financial condition or results of operations. However, as is inherent in legal proceedings, there is a risk that an unpredictable decision adverse to the company could be reached. The Company records legal costs associated with loss contingencies as incurred. Settlements are accrued when, and if, they become probable and estimable. Regulatory Matters In December 2007, the FINRA Office of Hearing Officers (“OHO”) held that Mr. Mathis negligently failed to make certain disclosures on his Form U4 to reflect the filing of certain personal federal tax liens. (All of the underlying tax liabilities were paid in full by Mr. Mathis in 2003 and the liens were released in 2003.) After several appeals regarding the willfulness finding, Mr. Mathis served a suspension, which was completed on September 4, 2012, and all fines have been paid. Under applicable FINRA rules, the finding that Mr. Mathis acted willfully subjected him to a “statutory disqualification” would have prevented him from working in the securities industry. In accordance with FINRA rules, Mr. Mathis filed Form MC-400 with FINRA in September 2012, requesting that he be permitted to continue to work in the securities industry and in October 2014, FINRA’s Member Regulation Department recommended approval of the MC-400 application. On April 30, 2015, FINRA’s National Adjudicatory Council (NAC) agreed with the recommendation of Member Regulation and further approved the application so that Mr. Mathis can continue to work in the securities industry. At the time that FINRA provided notice of the NAC’s approval, it informed CAP that such approval would become effective at such time that the Securities and Exchange Commission issued an acknowledgement letter. On August 20, 2015, the Securities and Exchange Commission issued an acknowledgement letter to FINRA and as a result, the approval of Mr. Mathis’s MC-400 application is now effective. Commitments Lease The Company leases office space in New York City under an operating lease which expired on August 31, 2015 156,000 217,800 August 31, 2020 35,730 100,055 32,292 96,876 Employment Agreement On September 28, 2015, the Company entered into a new employment agreement with its Chief Executive Officer, Scott L. Mathis (the “Employment Agreement”). Among other things, the Employment Agreement provides for a three-year term of employment at an annual salary of $ 401,700

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	14. SUBSEQUENT EVENTS Management has evaluated all subsequent events to determine if events or transactions occurring through the date the condensed consolidated financial statements were issued, require adjustment to or disclosure in the condensed consolidated financial statements. Foreign Currency Exchange Rates The Argentine Peso to United States Dollar exchange rate was 9.5769, 9.4154 8.5411

SUMMARY OF SIGNIFICANT ACCOUN22

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed consolidated financial statements of the Company as of September 30, 2015, and for the three and nine months ended September 30, 2015 and 2014. The results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the operating results for the full year. It is suggested that these unaudited condensed consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission (“SEC”) on March 31, 2015. The condensed consolidated balance sheet as of December 31, 2014 has been derived from the Company's audited consolidated financial statements.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, the Company must make estimates and assumptions. These estimates and assumptions affect the reported amounts in the financial statements, and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The significant estimates and related assumptions made by the Company relate to the valuation of equity instruments, the useful lives of property and equipment and reserves associated with the realizability of certain assets.
Segment Reporting, Policy [Policy Text Block]	Segment Information The FASB has established standards for reporting information on operating segments of an enterprise in interim and annual financial statements. The Company operates in one segment which is the business of real estate development in Argentina. The Company’s chief operating decision-maker reviews the Company’s operating results on an aggregate basis and manages the Company’s operations as a single operating segment. Certain activities of the Company such as the U.S. Broker Dealer Operations, are considered a service or support division to the Company, by providing capital raising efforts, substantially to support the AWLD real estate development activities, and are not considered a business for segment purposes.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior year balances have been reclassified in order to conform to current year presentation. These reclassifications have no effect on previously reported results of operations or loss per share.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The Company’s functional and reporting currency is the United States dollar. The functional currencies of the Company’s operating subsidiaries are their local currencies (United States dollar, Argentine peso and British pound). There has been a steady devaluation of the Argentine peso relative to the United States dollar in recent years. Assets and liabilities are translated into U.S. dollars at the exchange rate as of the balance sheet date ( 9.4154 8.5411 8.9612 7.9740 A highly inflationary economy is defined as an economy with a cumulative inflation rate of approximately 100 44
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Investments in property and equipment are recorded at cost. These assets are depreciated using the straight-line method over their estimated useful lives. Most of the Company’s assets are located in Argentina and are subject to variation as a result of foreign currency translation. The Company capitalizes internal vineyard improvement costs when developing new vineyards or replacing or improving existing vineyards. These costs consist primarily of the costs of the vines and expenditures related to labor and materials to prepare the land and construct vine trellises. Expenditures for repairs and maintenance are charged to operating expense as incurred. The cost of properties sold or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts at the time of disposal and resulting gains and losses are included as a component of operating income. Real estate development consists of costs incurred to ready the land for sale, including primarily costs of infrastructure as well as master plan development and associated professional fees. Such costs will be allocated to individual lots proportionately based on square meters and those allocated costs will be derecognized upon the sale of individual lots. Given that they are not currently in service, the assets are not currently being depreciated.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on financial reporting dates and vesting dates until the service period is complete. The fair value amount of the shares expected to ultimately vest is then recognized over the period services are required to be provided in exchange for the award, usually the vesting period. The estimation of stock-based awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from original estimates, such amounts are recorded as a cumulative adjustment in the period estimates are revised. The Company considers many factors when estimating expected forfeitures, including types of awards, employee class, and historical experience.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations The Company maintains cash with major financial institutions. Cash held in US bank institutions is currently insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $ 250,000 186,019 135,098
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Loss Comprehensive loss is defined as the change in equity of a business during a period from transactions and other events and circumstances from non-owner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. The guidance requires other comprehensive loss to include foreign currency translation adjustments.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company earns revenues from its real estate, hospitality, food & beverage, broker-dealer and other related services. Revenues from rooms, food and beverage, and other operating departments are recognized as earned at the time of sale or rendering of service. Cash received in advance of the sale or rendering of services is recorded as advance deposits or deferred revenue on the condensed consolidated balance sheets. Deferred revenues associated with real estate lot sale deposits are recognized as revenues (along with any outstanding balance) when the lot sale closes and the deed is provided to the purchaser. Other deferred revenues primarily consist of deposits accepted by the Company in connection with agreements to sell barrels of wine. These wine barrel deposits are recognized as revenues (along with any outstanding balance) when the barrel of wine is shipped to the purchaser. Sales taxes and value added (“VAT”) taxes collected from customers and remitted to governmental authorities are presented on a net basis within revenues in the condensed consolidated statements of operations.
Earnings Per Share, Policy [Policy Text Block]	Net Loss per Common Share Basic loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding, plus the impact of common shares, if dilutive, resulting from the exercise of outstanding stock options and warrants and the conversion of convertible instruments. September 30 2015 2014 Options 8,956,311 7,806,836 Warrants 1,350,895 957,848 Convertible Instruments - 253,822 Total potentially dilutive shares 10,307,206 9,018,506
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which applies to inventory that is measured using first-in, first-out ("FIFO") or average cost. Under the updated guidance, an entity should measure inventory that is within scope at the lower of cost and net realizable value, which is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory that is measured using last-in, last-out ("LIFO"). This ASU is effective for annual and interim periods beginning after December 15, 2016, and should be applied prospectively with early adoption permitted at the beginning of an interim or annual reporting period. The Company is currently evaluating the impact of adopting this guidance.

SUMMARY OF SIGNIFICANT ACCOUN23

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive: September 30 2015 2014 Options 8,956,311 7,806,836 Warrants 1,350,895 957,848 Convertible Instruments - 253,822 Total potentially dilutive shares 10,307,206 9,018,506

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventory at September 30, 2015 and December 31, 2014 is comprised of the following: September 30, December 31, 2015 2014 Vineyard in Process $ 179,509 $ 247,234 Wine in Process 1,092,095 990,923 Finished Wine 112,126 118,869 Other 93,700 130,140 $ 1,477,430 $ 1,487,166

INVESTMENTS AND FAIR VALUE OF25

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Investments in and Advances to Affiliates [Table Text Block]	Investments – Related Parties at Fair Value: As of September 30, 2015 Level 1 Level 2 Level 3 Total Warrants- Affiliates $ - $ - $ 140,319 $ 140,319 As of December 31, 2014 Level 1 Level 2 Level 3 Total Warrants- Affiliates $ - $ - $ 294,653 $ 294,653
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	A reconciliation of Level 3 assets is as follows: Warrants Balance - December 31, 2014 $ 294,653 Received 52,928 Allocated to employees as compensation (37,052) Unrealized loss (170,210) Balance - September 30, 2015 $ 140,319
Available-for-sale Securities [Table Text Block]	September 30, December 31, 2015 2014 Accumulated unrealized (losses) gains related to investments at fair value $ (32,173) $ 114,188

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2015
Accrued Liabilities [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	The current portion of accrued expenses is comprised of the following: September 30, December 31, 2015 2014 Accrued compensation & payroll taxes $ 1,574,720 $ 2,003,866 Other taxes payable 224,597 186,559 Accrued interest 245,738 321,729 Other accrued expenses 62,801 143,637 Total $ 2,107,856 $ 2,655,791

CONVERTIBLE DEBT OBLIGATIONS (T

CONVERTIBLE DEBT OBLIGATIONS (Tables)	9 Months Ended
	Sep. 30, 2015
Convertible Debt [Abstract]
Convertible Debt [Table Text Block]	Convertible notes consist of the following: September 30, 2015 December 31, 2014 Principal Interest [1] Total Principal Interest [1] Total 8% Convertible Notes $ 237,500 $ 213,648 $ 451,148 $ 287,500 $ 188,988 $ 476,488 12.5% Convertible Notes 50,000 32,090 82,090 50,000 25,433 75,433 Total $ 287,500 $ 245,506 $ 533,238 $ 337,500 $ 214,421 $ 551,921 [1] Accrued interest is included as a component of accrued expenses on the condensed consolidated balance sheets.

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	A summary of warrants activity during nine months ended September 30, 2015 is presented below: Weighted Weighted Average Average Remaining Number of Exercise Life Intrinsic Warrants Price in Years Value Outstanding, December 31, 2014 1,069,674 $ 2.26 Issued 327,351 2.00 Exercised - - Expired (46,130) 1.59 Outstanding, September 30, 2015 1,350,895 $ 2.24 2.9 $ - Exercisable, September 30, 2015 1,350,895 $ 2.24 2.9 $ -
Schedule of Share-based Compensation, Equity Instruments Other than Options, by Exercise Price Range [Table Text Block]	Warrants Oustanding Warrants Exercisable Weighted Outstanding Average Exercisable Exercise Number of Remaining Life Number of Price Exercisable Into Warrants In Years Warrants $ 2.30 Preferred A 973,544 2.8 973,544 $ 2.00 Common 377,351 3.2 377,351 Total 1,350,895 2.9 1,350,895
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	In applying the Black-Scholes option pricing model, the Company used the following weighted average assumptions: For The Three Months Ended For The Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Risk free interest rate n/a 1.11 % 0.00 % 1.11 % Expected term (years) n/a 3.43 3.59 3.43 Expected volatility n/a 46.4 % 46.1 % 46.4 % Expected dividends n/a 0 % 0 % 0 % Forfeiture rate n/a 5.0 % 5.0 % 5.0 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of options activity during the nine months ended September 30, 2015 is presented below: Weighted Weighted Average Average Remaining Number of Exercise Life Intrinsic Options Price In Years Value Outstanding, December 31, 2014 7,806,836 $ 2.85 Granted 2,211,890 2.20 Exercised - - Expired (643,836) 2.95 Forfeited (418,579) 2.52 Outstanding, September 30, 2015 8,956,311 $ 2.70 3.1 $ - Exercisable, September 30, 2015 5,321,921 $ 2.96 2.3 $ -
Schedule of Share-based Compensation, Shares Outstanding under Stock Option Plans, by Exercise Price Range [Table Text Block]	The following table presents information related to stock options at September 30, 2015: Options Outstanding Options Exercisable Weighted Outstanding Average Exercisable Exercise Number of Remaining Life Number of Price Options In Years Options $ 2.20 2,201,890 - - $ 2.48 4,873,000 3.1 3,450,500 $ 3.85 10,000 - - $ 3.85 25,000 2.7 25,000 $ 3.85 1,846,421 0.8 1,846,421 8,956,311 2.3 5,321,921

GOING CONCERN AND MANAGEMENT'29

GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Going Concern And Management's Liquidity Plans [Line Items]
Net Loss	$ 1,653,427	$ 2,013,088	$ 6,535,360	$ 6,738,030
Proceeds from Issuance of Common Stock			5,643,884	0
Repayments of Long-term Debt			150,000	1,047,868
Proceeds from Stock Options Exercised			0	49,959
Net Cash Used in Operating Activities, Continuing Operations			5,736,967	4,873,947
Proceeds from Notes Payable			0	325,000
Proceeds from Issuance of Preferred Stock and Preference Stock			$ 0	$ 1,770,575

SUMMARY OF SIGNIFICANT ACCOUN30

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	10,307,206	9,018,506
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	8,956,311	7,806,836
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,350,895	957,848
Convertible Instruments [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	253,822

SUMMARY OF SIGNIFICANT ACCOUN31

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014	Dec. 31, 2014USD ($)
Summary Of Significant Accounting Policies Disclosure [Line Items]
Cash, FDIC Insured Amount	$ 250,000
Cash, Uninsured Amount	$ 186,019		$ 135,098
Foreign Currency Exchange Rate, Translation, Assets And Liabilities	9.4154		8.5411
Foreign Currency Exchange Rate, Revenues And Expenses	8.9612	7.9740
ARGENTINA
Summary Of Significant Accounting Policies Disclosure [Line Items]
Cumulative Inflationary Rate	44.00%
Accounting Purposes [Member]
Summary Of Significant Accounting Policies Disclosure [Line Items]
Cumulative Inflationary Rate	100.00%

INVENTORY (Details)

INVENTORY (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Vineyard in Process	$ 179,509	$ 247,234
Wine in Process	1,092,095	990,923
Finished Wine	112,126	118,869
Other	93,700	130,140
Total	$ 1,477,430	$ 1,487,166

NET CAPITAL REQUIREMENTS (Detai

NET CAPITAL REQUIREMENTS (Details Textual) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Net Capital Requirements [Line Items]
Minimum Net Capital Required for Broker-Dealer Subsidiary	$ 5,000
Ratio of Aggregate Indebtedness to Net Capital	15 to 1
Excess Net Capital at 1500 Percent	$ 95,027	$ 12,860
Percentage of Aggregate Indebtedness to Net Capital	18.00%	432.00%

INVESTMENTS AND FAIR VALUE OF34

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Investments in and Advances to Affiliates [Line Items]
Warrants - Affiliates	$ 140,319	$ 294,653
Warrant [Member] | Fair Value, Inputs, Level 1 [Member]
Investments in and Advances to Affiliates [Line Items]
Warrants - Affiliates	0	0
Warrant [Member] | Fair Value, Inputs, Level 2 [Member]
Investments in and Advances to Affiliates [Line Items]
Warrants - Affiliates	0	0
Warrant [Member] | Fair Value, Inputs, Level 3 [Member]
Investments in and Advances to Affiliates [Line Items]
Warrants - Affiliates	$ 140,319	$ 294,653

INVESTMENTS AND FAIR VALUE OF35

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 1) - Fair Value, Inputs, Level 3 [Member] - Warrant [Member]	9 Months Ended
	Sep. 30, 2015USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance - December 31, 2014	$ 294,653
Received	52,928
Allocated to employees as compensation	(37,052)
Unrealized loss	(170,210)
Balance - September 30, 2015	$ 140,319

INVESTMENTS AND FAIR VALUE OF36

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Investments in and Advances to Affiliates [Line Items]
Accumulated unrealized (losses) gains related to investments at fair value	$ (32,173)	$ 114,188

INVESTMENTS AND FAIR VALUE OF37

INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Investments in and Advances to Affiliates [Line Items]
Allocated Share-based Compensation Expense		$ 0	$ 37,052	$ 0
Gain (Loss) on Investments	$ 29,772		(170,210)	$ (18,409)
Warrant [Member]
Investments in and Advances to Affiliates [Line Items]
Allocated Share-based Compensation Expense	$ 37,052		$ 37,052

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accrued Expenses [Line Items]
Accrued compensation & payroll taxes	$ 1,574,720	$ 2,003,866
Other taxes payable	224,597	186,559
Accrued interest	245,738	321,729
Other accrued expenses	62,801	143,637
Total	$ 2,107,856	$ 2,655,791

ACCRUED EXPENSES (Details Textu

ACCRUED EXPENSES (Details Textual)	9 Months Ended
	Sep. 30, 2015USD ($)
Employee Tax Obligations, Term	36 months
Accounts Payable And Accrued Liabilities Noncurrent Principal	$ 257,981
Accrued Payroll Taxes, Current	$ 116,112

CONVERTIBLE DEBT OBLIGATIONS (D

CONVERTIBLE DEBT OBLIGATIONS (Details) - USD ($)		Sep. 30, 2015	Dec. 31, 2014
Convertible Debt Obligations [Line Items]
Convertible Debt, Including Related Parties, Principal		$ 287,500	$ 337,500
Convertible Debt, Including Related Parties, Interest	[1]	245,506	214,421
Convertible Debt, Including Related Parties, Total		533,238	551,921
8% Convertible Notes [Member]
Convertible Debt Obligations [Line Items]
Convertible Debt, Including Related Parties, Principal		237,500	287,500
Convertible Debt, Including Related Parties, Interest	[1]	213,648	188,988
Convertible Debt, Including Related Parties, Total		451,148	476,488
12.5% Convertible Notes [Member]
Convertible Debt Obligations [Line Items]
Convertible Debt, Including Related Parties, Principal		50,000	50,000
Convertible Debt, Including Related Parties, Interest	[1]	32,090	25,433
Convertible Debt, Including Related Parties, Total		$ 82,090	$ 75,433
[1]	Accrued interest is included as a component of accrued expenses on the condensed consolidated balance sheets.

CONVERTIBLE DEBT OBLIGATIONS 41

CONVERTIBLE DEBT OBLIGATIONS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Convertible Debt Obligations [Line Items]
Interest Expense	$ 34,388	$ 26,311	$ 187,924	$ 141,779
Repayments of Convertible Debt			50,000	729,022
Convertible Notes Payable [Member]
Convertible Debt Obligations [Line Items]
Interest Expense	$ 9,943	$ 24,541	31,317	$ 95,146
Repayments of Convertible Debt			$ 50,000

LOANS PAYABLE (Details Textual)

LOANS PAYABLE (Details Textual) - USD ($)	1 Months Ended	9 Months Ended
	Apr. 21, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Mar. 07, 2014
Debt Instrument [Line Items]
Notes Payable, Current, Total		$ 0		$ 100,000
Interest Paid, Total	$ 100,000	128,171	$ 471,103
Repayments of Notes Payable	$ 11,233	$ 100,000	$ 318,846
2014 Notes [Member] | Independent Lender One [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					8.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Related Party Transaction [Line Items]
Accounts Receivable, Related Parties, Current	$ 500,318		$ 500,318		$ 265,111
Equity and Venture Capital Fees, Revenue in Cash	185,589		52,928
CAP [Member]
Related Party Transaction [Line Items]
Equity and Venture Capital Fees, Revenue			238,517
Independent Entity [Member]
Related Party Transaction [Line Items]
General and Administrative Expense, Reduced	39,196	$ 45,927	124,133	$ 131,523
Due from Related Parties, Current	$ 401,482		401,482		389,512
Allowance for Doubtful Accounts Receivable, Write-offs			$ 347,000		$ 289,000
AWLD Chairman [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage	5.00%		5.00%

BENEFIT CONTRIBUTION PLAN (Deta

BENEFIT CONTRIBUTION PLAN (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized	$ 6,108	$ 23,730	$ 71,842	$ 50,933
Common Stock [Member]
Defined Contribution Plan Disclosure [Line Items]
Share Price	$ 2	$ 2.25	$ 2	$ 2.25

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Warrant [Member] - USD ($)	9 Months Ended
	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Warrants, Outstanding, December 31, 2014 (in shares)	1,069,674
Number of Warrants, Issued	327,351
Number of Warrants, Exercised	0
Number of Warrants, Expired	(46,130)
Number of Warrants, Outstanding, September 30, 2015 (in shares)	1,350,895
Number of Warrants, Exercisable, September 30, 2015 (in shares)	1,350,895
Weighted Average Exercise Price, Outstanding, December 31, 2014 (in dollars per share)	$ 2.26
Weighted Average Exercise Price, Issued	2
Weighted Average Exercise Price, Exercised	0
Weighted Average Exercise Price, Expired	1.59
Weighted Average Exercise Price, Outstanding, September 30, 2015 (in dollars per share)	2.24
Weighted Average Exercise Price, Exercisable, September 30, 2015 (in dollars per share)	$ 2.24
Weighted Average Remaining Life In Years, Outstanding, September 30, 2015	2 years 10 months 24 days
Weighted Average Remaining Life In Years, Exercisable, September 30, 2015	2 years 10 months 24 days
Intrinsic Value, Outstanding, September 30, 2015 (in dollars)	$ 0
Intrinsic Value, Exercisable, September 30, 2015 (in dollars)	$ 0

STOCKHOLDERS' EQUITY (Details 1

STOCKHOLDERS' EQUITY (Details 1) - Warrant [Member] - $ / shares	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants Outstanding, Exercise Price	$ 2.24	$ 2.26
Warrants Outstanding, Number of Warrants	1,350,895	1,069,674
Warrants Exercisable, Weighted Average Remaining Life In Years	2 years 10 months 24 days
Warrants Exercisable, Number of Warrants	1,350,895
Common Stock [Member] | Range of Exercise Price 2.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants Outstanding, Exercise Price	$ 2
Warrants Outstanding, Number of Warrants	377,351
Warrants Exercisable, Weighted Average Remaining Life In Years	3 years 2 months 12 days
Warrants Exercisable, Number of Warrants	377,351
Preferred Stock [Member] | Range of Exercise Price 2.30 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants Outstanding, Exercise Price	$ 2.30
Warrants Outstanding, Number of Warrants	973,544
Warrants Exercisable, Weighted Average Remaining Life In Years	2 years 9 months 18 days
Warrants Exercisable, Number of Warrants	973,544

STOCKHOLDERS' EQUITY (Details 2

STOCKHOLDERS' EQUITY (Details 2)	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeiture rate		5.00%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	1.11%	0.00%	1.11%
Expected term (years)	3 years 5 months 5 days	3 years 7 months 2 days	3 years 5 months 5 days
Expected volatility	46.40%	46.10%	46.40%
Expected dividends	0.00%	0.00%	0.00%
Forfeiture rate	5.00%	5.00%	5.00%

STOCKHOLDERS' EQUITY (Details 3

STOCKHOLDERS' EQUITY (Details 3) - Employee Stock Option [Member]	9 Months Ended
	Sep. 30, 2015USD ($)$ / sharesshares
Number of Options, Outstanding, December 31, 2014	7,806,836
Number of Options, Granted	2,211,890
Number of Options, Exercised	0
Number of Options, Expired	(643,836)
Number of Options, Forfeited	(418,579)
Number of Options, Outstanding, September 30, 2015	8,956,311
Number of Options, Exercisable, September 30, 2015	5,321,921
Weighted Average Exercise Price, Outstanding, December 31, 2014 | $ / shares	$ 2.85
Weighted Average Exercise Price, Granted | $ / shares	2.20
Weighted Average Exercise Price, Exercised | $ / shares	0
Weighted Average Exercise Price, Expired | $ / shares	2.95
Weighted Average Exercise Price, Forfeited | $ / shares	2.52
Weighted Average Exercise Price, Outstanding, September 30, 2015 | $ / shares	2.70
Weighted Average Exercise Price, Exercisable, September 30, 2015 | $ / shares	$ 2.96
Weighted Average Remaining Life In Years, Outstanding, September 30, 2015	3 years 1 month 6 days
Weighted Average Remaining Life In Years, Exercisable, September 30, 2015	2 years 3 months 18 days
Intrinsic Value, Outstanding, September 30, 2015 (in dollars) | $	$ 0
Intrinsic Value, Exercisable, September 30, 2015 (in dollars) | $	$ 0

STOCKHOLDERS' EQUITY (Details 4

STOCKHOLDERS' EQUITY (Details 4) - $ / shares	9 Months Ended
	Sep. 30, 2015	Jun. 15, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Outstanding Number of Options	8,956,311
Options Exercisable, Weighted Exercise Average Remaining Life In Years	2 years 3 months 18 days
Options Exercisable, Exercisable Number of Options	5,321,921
Exercise Price Range 2.20 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Weighted Exercise Average Price	$ 2.20	$ 2.20
Options Outstanding, Outstanding Number of Options	2,201,890	2,201,890
Options Exercisable, Weighted Exercise Average Remaining Life In Years	0 years
Options Exercisable, Exercisable Number of Options	0
Exercise Price Range 2.48 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Weighted Exercise Average Price	$ 2.48
Options Outstanding, Outstanding Number of Options	4,873,000
Options Exercisable, Weighted Exercise Average Remaining Life In Years	3 years 1 month 6 days
Options Exercisable, Exercisable Number of Options	3,450,500
Exercise Price Range 3.85 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Weighted Exercise Average Price	$ 3.85
Options Outstanding, Outstanding Number of Options	10,000
Options Exercisable, Weighted Exercise Average Remaining Life In Years	0 years
Options Exercisable, Exercisable Number of Options	0
Exercise Price Range 3.85 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Weighted Exercise Average Price	$ 3.85
Options Outstanding, Outstanding Number of Options	25,000
Options Exercisable, Weighted Exercise Average Remaining Life In Years	2 years 8 months 12 days
Options Exercisable, Exercisable Number of Options	25,000
Exercise Price Range 3.85 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Weighted Exercise Average Price	$ 3.85
Options Outstanding, Outstanding Number of Options	1,846,421
Options Exercisable, Weighted Exercise Average Remaining Life In Years	9 months 18 days
Options Exercisable, Exercisable Number of Options	1,846,421

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual) - USD ($)	1 Months Ended		3 Months Ended		9 Months Ended
	Jun. 15, 2015	Apr. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Stockholders Equity [Line Items]
Proceeds from Issuance of Common Stock					$ 5,643,884	$ 0
Other Comprehensive Loss, Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent			$ (115,931)	$ (159,745)	(133,344)	(1,682,730)
Allocated Share-based Compensation Expense				0	$ 37,052	0
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate					5.00%
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options			8,956,311		8,956,311
Exercise Price Range 2.20 [Member]
Stockholders Equity [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options	2,201,890		2,201,890		2,201,890
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price	$ 2.20		$ 2.20		$ 2.20
Exercise Price Range 3.30 [Member]
Stockholders Equity [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options	10,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price	$ 3.30
Consultants [Member]
Stockholders Equity [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 158,516
2008 Plan Member | Employees, Directors and Consultants Vesting One [Member]
Stockholders Equity [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 1,409,900
2008 Plan Member | Employees, Directors and Consultants [Member]
Stockholders Equity [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	2,211,890
CAP Capital, Inc., [Member]
Stockholders Equity [Line Items]
Allocated Share-based Compensation Expense			$ 80,259	0	$ 235,105	198,997
Employees Officers And Directors [Member]
Stockholders Equity [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 1,251,384
Employee Stock Option [Member]
Stockholders Equity [Line Items]
Allocated Share-based Compensation Expense			178,946	$ 144,163	$ 630,372	$ 371,064
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate				5.00%	5.00%	5.00%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					3 years 6 months
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			2,033,810		$ 2,033,810
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross					2,211,890
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value				$ 0.56	$ 0.64	$ 0.56
Non Employee Stock Option [Member]
Stockholders Equity [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			328,415		$ 328,415
2008 Equity Incentive Plan [Member]
Stockholders Equity [Line Items]
Allocated Share-based Compensation Expense			$ 0		$ 40,300
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		68,671
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares, Beginning Balance		64,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		132,671
Common Stock [Member]
Stockholders Equity [Line Items]
Stock Issued During Period, Shares, New Issues					2,821,942
Shares Issued, Price Per Share			$ 2		$ 2
Warrant [Member]
Stockholders Equity [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period					327,351
Share-based Compensation Arrangements by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Exercise Price					$ 2
Warrant [Member] | CAP Capital, Inc., [Member]
Stockholders Equity [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			112,407		327,351
Share-based Compensation Arrangements by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Exercise Price					$ 2
Series A Preferred Stock [Member] | Warrant [Member] | CAP Capital, Inc., [Member]
Stockholders Equity [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period				154		237,618
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 2.30		$ 2.30

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Commitments And Contingencies [Line Items]
Operating Leases, Rent Expense	$ 35,730	$ 32,292	$ 100,055	$ 96,876
Lease Expiration Date			Aug. 31, 2015
Second Lease Amendment [Member]
Commitments And Contingencies [Line Items]
Lease Expiration Date			Aug. 31, 2020
Maximum [Member]
Commitments And Contingencies [Line Items]
Operating Leases, Rent Expense			$ 217,800
Minimum [Member]
Commitments And Contingencies [Line Items]
Operating Leases, Rent Expense			156,000
Chief Executive Officer [Member]
Commitments And Contingencies [Line Items]
Salaries, Wages and Officers' Compensation			$ 401,700

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual)	Nov. 11, 2015	Sep. 30, 2015	Dec. 31, 2014
Subsequent Event [Line Items]
Foreign Currency Exchange Rate, Translation (Per Dollar)		9.4154	8.5411
Subsequent Event [Member]
Subsequent Event [Line Items]
Foreign Currency Exchange Rate, Translation (Per Dollar)	9.5769