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Long-Term Debt And Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2013
Long-Term Debt And Credit Facilities [Abstract]  
Schedule Of Long-Term Debt Outstanding

 

 

 

 

 

 

 

 

 

December 31, 2013

 

December 31, 2012

 

Carrying

 

Estimated

 

Carrying

 

Estimated

 

Amount

 

Fair Value

 

Amount

 

Fair Value

 

 

 

 

 

 

 

 

Revolving line of credit, due March 2014

$                  -

 

$                  -

 

$         7,253,017

 

$         7,277,084

Term note, due December 2013

 —

 

 —

 

4,000,000 

 

4,000,000 

Healthcare Royalty Partners debt

18,531,211 

 

18,531,211 

 

16,248,075 

 

16,248,075 

Subordinated convertible debentures

 —

 

 —

 

1,588,134 

 

1,588,134 

Total debt

18,531,211 

 

18,531,211 

 

29,089,226 

 

29,113,293 

Less current maturities

(49,733)

 

(49,733)

 

(12,264,490)

 

(12,288,557)

Total long term debt

$ 18,481,478

 

$ 18,481,478

 

$       16,824,736

 

$       16,824,736

 

Contractual Principal Maturities Of Debt

 

 

 

 

 

 

 

 

 

 

2014

 

$

49,733 

 

2015

 

 

49,733 

 

2016

 

 

49,733 

 

2017

 

 

49,733 

 

2018

 

 

18,332,279 

 

2019 and Beyond

 

 

 -

 

 

 

$

18,531,211 

(1)

 

 

 

 

 

 

(1) Future principal payments of Healthcare Royalty Partners debt based on estimated future royalties.