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Related Party Transactions
9 Months Ended
Sep. 30, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions

On January 10, 2014, the Company entered into an arrangement with Equity Dynamics, Inc. for monthly strategic consulting services. Such services include acquisition activities and the securing of debt financing. As part of the arrangement, Equity Dynamics, Inc. will receive a monthly fee of $10,000 for performance of such consulting services. Equity Dynamics, Inc. is a company owned by John Pappajohn and Matt Kinley serves as its Executive Vice-President. Mr. Pappajohn and Mr. Kinley are both members of our Board of Directors.

During the three and nine months ended September 30, 2014, the Company incurred expenses of $30,000 and $90,000, respectively, for the consulting services described above payable to Equity Dynamics, Inc. This expense is included in professional fees within the Consolidated Statement of Operations.

In addition, see discussion of other related party transactions in Note 4 - Warrants and Note 7 - Private Placement/Equity.