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Line of Credit and Long Term Debt (Details) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Long-term Debt $ 8,127,037 $ 8,567,462
Less: current portion 357,894 798,319
Long-term debt, net of current portion 7,769,143 7,769,143
Cardinal Bank Term Note Dated January 2 2008 [Member]
   
Long-term Debt 0 [1] 50,909 [1]
Cardinal Bank Mortgage Dated December 17 2010 [Member]
   
Long-term Debt 504,757 [2] 515,553 [2]
Cardinal Bank Term Note Dated December 31 2011 [Member]
   
Long-term Debt 3,532,198 [3] 4,001,000 [3]
Seller Financed Subordinated Notes Dated December 31 2011 [Member]
   
Long-term Debt $ 4,090,082 [4] $ 4,000,000 [4]
[1] On January 2, 2008, the Company entered into a $2 million four-year term note with Cardinal Bank to fund the unpaid portion of the iSYS purchase price. The term note bears interest at 7.5% with monthly principal and interest payments of approximately $48,000, and matures on January 1, 2012. The term note is secured under a corporate security agreement. This term note was repaid on January 1, 2012.
[2] On December 17, 2010, the Company entered into a real estate purchase agreement to acquire iSYS's call center facility in Columbus, Ohio for approximately $677,000. In connection with the real estate purchase agreement the Company entered into a $528,000 ten-year mortgage with Cardinal Bank to fund the unpaid portion of the purchase price. The mortgage loan bears interest at 6.0% with monthly principal and interest payments of approximately $3,800, and matures on December 17, 2020. The mortgage loan principal and interest payments are based on a twenty-year amortization with the unpaid balance due at maturity. The mortgage loan is secured by the real estate.
[3] On December 31, 2011, the Company entered into a $4 million 5-year term note with Cardinal Bank to fund a portion of the purchase price paid in connection with the asset purchase agreement with Avalon Global Solutions, Inc. ("AGS") dated December 30, 2011. The term note bears interest at 4.50% with monthly principal and interest payments of approximately $74,694, and matures on December 30, 2016. The term note is secured under a corporate security agreement.
[4] On December 31, 2011, the Company entered into a $1 million and $3 million subordinated 3-year term note with AGS to fund a portion of the purchase price paid in connection with the asset purchase agreement with Avalon Global Solutions, Inc. dated December 30, 2011. Under the terms of the asset purchase agreement, $3 million of this subordinated note is subject to certain claw-back provisions. The term notes bear interest at 3.0% with annual principal and interest payments of $1,488,183, $1,413,333 and $1,373,333 in 2013, 2014 and 2015, respectively, and mature on April 15, 2015. The term notes are subordinated to the senior bank financing.