Long-term Debt (Details Textual) (USD $) | 0 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 3 Months Ended | 0 Months Ended | 1 Months Ended | 3 Months Ended | 1 Months Ended | | | |
Oct. 15, 2013 | Dec. 02, 2011 | Feb. 28, 2014 | Feb. 29, 2012 | Aug. 31, 2011 | Sep. 30, 2010 | Jun. 25, 2010 | Jun. 30, 2010 | Apr. 30, 2010 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 04, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | Jan. 31, 2012 | Jan. 24, 2013 | Aug. 24, 2013 | Jan. 17, 2012 | Apr. 29, 2009 | Dec. 31, 2009 |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Face Amount | | | | | | | $9,200,000 | | | | | | | $1,500,000 | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | 8.00% | | 8.15% | 10.00% | 14.00% | 10.00% | | | | | | | 6.25% | | | | | | | | | 5.50% | | |
Debt Instrument, Payment Terms | Each of the Debentures has a term of three years, is convertible into shares of our common stock at a conversion price of $ 12.50 per share (subject to adjustment), and has an annual interest rate of 9%, with one initial payment of interest only due April 15, 2014. Thereafter, the principal amount is payable in 10 equal quarterly principal payments, which amounts to a total of $452,500, plus accrued and unpaid interest. Six months after the issue date of the Debentures, we have the right to redeem the Debentures if the Companys common stock has a closing price of $16.25 (subject to adjustment) for 20 consecutive trading days. The Warrants have an exercise price of $12.50 per share (subject to adjustment) and expire on October 15, 2016. | | | | | Under the modified terms the promissory notes become 10 year amortized facilities that provides for equal monthly payments of $77,633 each and will be fully paid on September 30, 2020, rather than a balloon payment for the entire amount that would have been due on November 30, 2012. | | The debt bears interest at 6.30% | The note was collateralized by the real estate and was payable in monthly installments through April 2025 of $19,774, including principal and interest at the prime rate plus 4.5% with a minimum rate of 7%. | | | | | | | | | | | | | | | | |
Debt Instrument, Periodic Payment | 452,500 | 42,465 | | 26,386 | | | 920,000 | 3,803 | 19,774 | | | | | | | | | | | | | | | | |
Loan Origination Cost | 271,500 | | | | | | | 460,000 | | | | 150,000 | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | maturity in January 2016. | | | The note matures in June 2030 | | | | | | | | | | | | | | | | | |
Class Of Warrant Or Right Fair Value | | | 147,683 | | | | 434,571 | | | 105,318 | | | | | | | | | | | 38,256 | 61,735 | | | |
Proceeds From Sale Of Debenture And Warrant | 4,525,000 | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument Monthly Installment Amount | | | | | | | | | | | | | | 15,090 | | | | | | | | | | | |
Convertible Debt | 4,525,000 | | | | | | | | | 9,277,000 | | 1,444,000 | | | | | | | | | | | | | |
Debt Instrument, Convertible, Conversion Price | $16.25 | | | | $10 | | $10.25 | | | | | | | | | | | | | | | | | | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $12.50 | | $11.77 | | | | $10.25 | | | $8.70 | | | | | | | | | | | | | | | |
Debt Instrument Redemption Terms | | | | | The note is redeemable by the Company after six months at any time if the closing price of its common stock for 20 consecutive trading days is at least $13.00 per share. | | | | | | | | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Purchase Price | | 5,500,000 | | | | | | | | | | | | | | | | | | | | | | | |
Long-term Debt | | | | 2,700,000 | 750,000 | | | | | 70,352,000 | | 78,592,000 | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Cash Paid | | 2,000,000 | | | | | | | | | | | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Other Non Cash Consideration | | 3,500,000 | | | | | | | | | | | | | | | | | | | | | | | |
Notes Payable | | | | | | | | | 2,200,000 | | | | | | | | | | | 1,500,000 | | | | | |
Business Combination, Consideration Transferred, Liabilities Incurred | | | | | | | | | | | | 22,000,000 | | | | | | | | | | | | | |
Debt Conversion, Converted Instrument, Amount | | | | | | | 462,724 | | | 2,969,000 | | 0 | | 0 | | | | | | | | | | | |
Debt Instrument, Unamortized Discount | | | | | | | | | | 32,467 | | | | | | | | | | | | | | | |
Debt Instrument, Convertible, Terms of Conversion Feature | | | | | | | The 2010 Debentures were redeemable by the Company at any time if the closing price of its common stock for 20 consecutive trading days is at least $13.47 per share. | | | | | | | | | | | | | | | | | | |
Warrants Exercise Terms | | | | | | | The Warrants provided that the Company had the right to require exercise of the Warrants if the closing price of the Companys common stock for 20 consecutive trading days was at least $14.35. | | | | | | | | | | | | | | | | | | |
Long Term Debt Consideration For Extension | | | | | | | | | | | | | | | | | | | | | | | | 150,000 | |
Long Term Debt Consideration For Extension Amortization | | | | | | 100,000 | | | | | | | | | | | | | | | | | | 150,000 | |
Warrant Issued Percent | | | | | | | 20.00% | | | | | | | | | | | | | | | | | | |
Debt Instrument Convertible Market Price | | | | | | | $8.73 | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Effective Percentage | | | | | | | 13.10% | | | | | | | 7.00% | | | | | | | | | | | |
Share Price | | | | | | | $9.74 | | | | | | | | | | | | | | | | | | |
Debt Instrument, Term | 3 years | 10 years | | | | | | | | | | | | | | | | | | | | | | | |
Warrants To Purchase Common Stock | 72,400 | | 100,000 | | | | | | | | | | | | | | | | | | | | | | |
Proceeds from Issuance of Debt | | | | | | | 2,700,000 | 518,192 | | | | | | | | | | | | | | | | | |
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | | | | | | | 179,513 | | | | | | | | | | | | | | | | | | |
Notes payable One [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature August 2015 and July 2022 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,193,000 | [1] | 2,381,000 | [1] | | | | | | | | | | | | |
Notes Payable Two [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 9.60% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature December 2014 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,140,000 | [1] | 2,257,000 | [1] | | | | | | | | | | | | |
Notes Payable Three [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures December 2019 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 201,000 | [1] | 232,000 | [1] | | | | | | | | | | | | |
Notes Payable Four [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.25% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures May 2016 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 564,000 | [1] | 880,000 | [1] | | | | | | | | | | | | |
Notes Payable Five [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 14.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature September 30, 2020 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 1,910,000 | [2] | 5,284,000 | [2] | | | | | | | | | | | | |
Notes Payable Six [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures April 2017 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 3,021,000 | [1] | 3,142,000 | [1] | | | | | | | | | | | | |
Debt Instrument, Basis Spread on Variable Rate | | | | | | | | | | 7.50% | | | | | | | | | | | | | | | |
Debt Instrument, Description of Variable Rate Basis | | | | | | | | | | greater of 2% above prime or 7.5% | | | | | | | | | | | | | | | |
Notes Payable Seven [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures June 2017 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 3,633,000 | [1] | 3,775,000 | [1] | | | | | | | | | | | | |
Debt Instrument, Basis Spread on Variable Rate | | | | | | | | | | 7.50% | | | | | | | | | | | | | | | |
Debt Instrument, Description of Variable Rate Basis | | | | | | | | | | greater of 2% above prime or 7.5% | | | | | | | | | | | | | | | |
Notes Payable Eight [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 8.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures January 2022 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,605,000 | [1] | 2,893,000 | [1] | | | | | | | | | | | | |
Notes Payable Nine [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 5.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures January 2023 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 1,388,000 | | 1,456,000 | | | | | | | | | | | | | |
Notes Payable Ten [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 5.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures January 2023 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 6,013,000 | [1] | 6,310,000 | [1] | | | | | | | | | | | | |
Notes Payable Eleven [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 8.15% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures February 2017 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 0 | | 2,571,000 | | | | | | | | | | | | | |
Notes Payable Twelve [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 6.25% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures July 2018 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 1,423,000 | [1] | 1,512,000 | [1] | | | | | | | | | | | | |
Notes Payable Thirteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 6.30% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures June 2030 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 457,000 | | 970,000 | | | | | | | | | | | | | |
Notes Payable Fourteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature December 2014 and September 2019 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 492,000 | [1] | 955,000 | [1] | | | | | | | | | | | | |
Convertible Debentures One [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 10.00% | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,647,000 | | 4,991,000 | | | | | | | | | | | | | |
Notes Payable Fifteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 9.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures August 2024 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 14,093,000 | [2] | 20,967,000 | [2] | | | | | | | | | | | | |
Notes Payable Sixteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 9.50% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature September 2024 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 8,762,000 | [1] | 9,267,000 | [1] | | | | | | | | | | | | |
Convertible Debentures Two [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 6.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature March 2023 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 1,328,000 | [2] | 1,444,000 | [2] | | | | | | | | | | | | |
Notes Payable Seventeen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 13.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures March 2016 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 4,000,000 | [2] | 1,500,000 | [2] | | | | | | | | | | | | |
Notes Payable Eighteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | mature from 2018 to 2028 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,730,000 | [1] | 2,555,000 | [1] | | | | | | | | | | | | |
Notes Payable Ninteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 11.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures June 2018 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 2,500,000 | [1] | 2,500,000 | [1] | | | | | | | | | | | | |
Convertible Debentures Three [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 10.00% | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 4,001,000 | | 0 | | | | | | | | | | | | | |
Notes Payable Twenty [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.45% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures 2019 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 3,501,000 | | 0 | | | | | | | | | | | | | |
Convertible Notes Payable [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 10.00% | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | matures August 1, 2014 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 750,000 | | 750,000 | | | | | | | | | | | | | |
Aircraft [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | | | | | | 7.45% | 7.45% | | | | | | | | | |
Debt Instrument, Periodic Payment | | | | | | | | | | | | | | | | 40,653 | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | | | | | | The note matures in January 2019. | | | | | | | | | | |
Proceeds from Issuance of Debt | | | | | | | | | | | | | | | 3,600,000 | | | | | | | | | | |
Residential Real Estate [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | | | The notes mature from 2018 to 2028. | | | | | | | | | | | | | |
Debt Issued For Real Estate Purchase | | | | | | | | | | | | 2,600,000 | | | | | | | | | | | | | |
Debt Instrument Monthly Installment Amount | | | | | | | | | | | | 25,660 | | | | | | | | | | | | | |
Payments to Acquire Real Estate | | | | | | | | | | | | 3,230,000 | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | | | | | | | | | | | | 5.00% | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum | | | | | | | | | | | | 7.00% | | | | | | | | | | | | | |
Second Adult Business In Midtown Manhattan [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | | | | | | | | | 6.00% | 6.00% | | | | | | |
Debt Instrument Monthly Installment Amount | | | | | | | | | | | | | | | | | | 16,653 | | | | | | | |
Debt Instrument, Convertible, Conversion Price | | | | | | | | | | | | | | | | | $10.25 | $10.25 | $10.25 | | | | | | |
Business Acquisitions Cost Of Acquired Entity Purchase Price | | | | | | | | | | | | | | | | | 3,000,000 | 3,000,000 | 3,000,000 | | | | | | |
Payments to Acquire Businesses, Gross | | | | | | | | | | | | | | | | | 1,500,000 | 1,500,000 | | | | | | | |
Debt Conversion, Converted Instrument, Amount | | | | | | | | | | | | | | | | | | 1,500,000 | | | | | | | |
Foster Clubs [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Payment Terms | | | | | | | | | | | | The Club Note bears interest at the rate of 9.5% per annum, is payable in 144 equal monthly installments | | | | | | | | | | | | | |
Debt Instrument Monthly Installment Amount | | | | | | | | | | | | 256,602 | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Purchase Price | | | | | | | | | | | | 3,500,000 | | | | | | | | | | | | | |
Jaguars [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Payment Terms | | | | | | | | | | | | The note bears interest at the rate of 9.5 %, is payable in 143 equal monthly installments | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Purchase Price | | | | | | | | | | | | 10,100,000 | | | | | | | | | | | | | |
Business Acquisitions Cost Of Acquired Entity Cash Paid | | | | | | | | | | | | 350,000 | | | | | | | | | | | | | |
Business Acquisition Cost Of Acquired Entity Discounted Price | | | | | | | | | | | | 9,600,000 | | | | | | | | | | | | | |
Business Acquisitions Purchase Price Allocation Notes Payable And Long Term Debt | | | | | | | | | | | | 9,100,000 | | | | | | | | | | | | | |
Business Acquisition Purchase Price Allocation One Time Payment In Twelve Years | | | | | | | | | | | | 650,000 | | | | | | | | | | | | | |
Debt Instrument, Unamortized Discount | | | | | | | | | | | | 431,252 | | | | | | | | | | | | | |
Minimum [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Convertible, Conversion Price | | | | | | | | | | $10 | | $10 | | | | | | | | | | | | | |
Minimum [Member] | Notes payable One [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 10.00% | | | | | | | | | | | | | | | |
Minimum [Member] | Notes Payable Fourteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 4.75% | | | | | | | | | | | | | | | |
Minimum [Member] | Notes Payable Eighteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 5.00% | | | | | | | | | | | | | | | |
Maximum [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Convertible, Conversion Price | | | | | | | | | | $12.50 | | $12.50 | | | | | | | | | | | | | |
Maximum [Member] | Notes payable One [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 11.00% | | | | | | | | | | | | | | | |
Maximum [Member] | Notes Payable Fourteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.25% | | | | | | | | | | | | | | | |
Maximum [Member] | Notes Payable Eighteen [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | 7.00% | | | | | | | | | | | | | | | |
Unsecured Debt [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | | | | | | | | | 13.00% | 13.00% | | | | | | |
Proceeds from Issuance of Unsecured Debt | | | | | | | | | | | | | | | | | | | 1,500,000 | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | Mar. 01, 2016 | | | | | | | | | | | | | | | |
Long-term Debt | | | | | | | | | | 8,786,000 | | 7,197,000 | | | | | | | | | | | | | |
Debt Instrument, Interest Rate Terms | | | | | | | | | | monthly | | | | | | | | | | | | | | | |
Secured Promissory Note [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Face Amount | | | | | | | | | | | | | | | | | | | | | | | | 5,000,000 | |
Debt Instrument, Payment Terms | | | | | | | | | | The Promissory Note bears interest at a varying rate at the greater of (i) two percent (2%) above the Prime Rate or (ii) seven and one-half percent (7.5%), which is guaranteed by the Company and by Eric Langan, the Companys Chief Executive Officer, individually . | | | | | | | | | | | | | | | |
Debt Instrument, Periodic Payment | | | | | | | | | | 34,999 | | | | | | | | | | | | | | | |
Payments to Acquire Real Estate | | | | | | | | | | 6,000,000 | | | | | | | | | | | | | | | |
Payments for (Proceeds from) Real Estate Held-for-investment | | | | | | | | | | 1,600,000 | | | | | | | | | | | | | | | |
Notes Issued | | | | | | | | | | 4,400,000 | | | | | | | | | | | | | | | |
Secured Promissory Note Over Eleven Years Series One [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Payment Terms | | | | | | | | | | | | | | | | | | | | The notes are payable over eleven years at $12,256 per month including interest and have an adjustable interest rate of 5.5%. The rate adjusts to prime plus 2.5% in the 61 st month, not to exceed 9%. | | | | | |
Proceeds from Issuance of Unsecured Debt | | | | | | | | | | | | | | | | | | | | 12,256 | | | | | |
Notes Payable | | | | | | | | | | | | | | | | | | | | 6,500,000 | | | | | |
Secured Promissory Note Over Eleven Years Series Two [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Payment Terms | | | | | | | | | | | | | | | | | | | | The notes are also payable over eleven years at $53,110 per month including interest and have the same adjustable interest rate of 5.5%. | | | | | |
Proceeds from Issuance of Unsecured Debt | | | | | | | | | | | | | | | | | | | | 53,110 | | | | | |
Joy Club Of Austin [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Periodic Payment | | | | | | | | | | 42,461 | | | | | | | | | | | | | | | |
Debt Instrument, Maturity Date, Description | | | | | | | | | | The notes mature in December 2014 and September 2019. | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | | | | | | | | | | 4.75% | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum | | | | | | | | | | 7.25% | | | | | | | | | | | | | | | |
Notes Payable | | | | | | | | | | | | | | | | | | | | | | | | | 2,500,000 |
Investor One [Member] | Private Transaction [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | | | | | | | | | | | | 10.00% | | | | |
Closing Price Of Common Stock | | | | | | | | | | | | | | | | | | | | | $13 | | | | |
Debt Instrument Periodic Payment Principal Quaterly | | | | | | | | | | | | | | | | | | | | | 500,000 | | | | |
Proceeds From Sale Of Debenture And Warrant | | | | | | | | | | | | | | | | | | | | | 3,000,000 | | | | |
Placement Fees Percentage | | | | | | | | | | | | | | | | | | | | | 6.00% | | | | |
Convertible Debt | | | | | | | | | | | | | | | | | | | | | 3,000,000 | | | | |
Debt Instrument, Convertible, Conversion Price | | | | | | | | | | | | | | | | | | | | | $10 | | | | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | | | | | | | | | | | | | | | | | | | | | $10 | | | | |
Debt Instrument Redemption Terms | | | | | | | | | | | | | | | | | | | | | Six months after the issue date of the Debenture, we have the right to redeem the Debenture if our common stock has a closing price of $13.00 (subject to adjustment) for 20 consecutive trading days. | | | | |
Debt Instrument, Term | | | | | | | | | | | | | | | | | | | | | 2 years | | | | |
Warrants To Purchase Common Stock | | | | | | | | | | | | | | | | | | | | | 60,000 | | | | |
Investor Two [Member] | Private Transaction [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | | | | | | | | | | | | | | | | | | | | | | 10.00% | | | |
Debt Instrument, Payment Terms | | | | | | | | | | | | | | | | | | | | | | The Debenture has a term of two years, is convertible into shares of our common stock at a conversion price of $10.25 per share (subject to adjustment), and has an annual interest rate of 10%, with one initial payment of interest only due February 28, 2014, and thereafter, the principal amount is payable in six equal quarterly principal payments of $250,000 plus accrued and unpaid interest. Six months after the issue date of the Debenture, we have the right to redeem the Debenture if our common stock has a closing price of $13.33 (subject to adjustment) for 20 consecutive trading days. The Warrant has an exercise price of $10.25 per share (subject to adjustment) and expires on August 28, 2016. | | | |
Proceeds From Sale Of Debenture And Warrant | | | | | | | | | | | | | | | | | | | | | | 2,500,000 | | | |
Convertible Debt | | | | | | | | | | | | | | | | | | | | | | 2,500,000 | | | |
Debt Instrument, Convertible, Conversion Price | | | | | | | | | | | | | | | | | | | | | | $10.25 | | | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | | | | | | | | | | | | | | | | | | | | | | $10.25 | | | |
Warrants To Purchase Common Stock | | | | | | | | | | | | | | | | | | | | | | 48,780 | | | |
Adviser [Member] | | | | | | | | | | | | | | | | | | | | | | | | | |
Debt Instrument [Line Items] | | | | | | | | | | | | | | | | | | | | | | | | | |
Loan Origination Cost | | | | | | | | | | | | | | | | | | | | | $165,000 | | | | |
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[1] | Collateralized by real estate |
[2] | Collateralized by stock in subsidiary |