XML 36 R35.htm IDEA: XBRL DOCUMENT v3.3.0.814
Convertible Note, Series D Preferred Stock, And Series D-1 Preferred Stock - Notes and Series D Preferred Stock (Details)
3 Months Ended 9 Months Ended
Sep. 04, 2015
USD ($)
price
installment
Dec. 22, 2014
USD ($)
Nov. 19, 2014
USD ($)
Nov. 14, 2014
USD ($)
d
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2014
USD ($)
Sep. 28, 2015
USD ($)
Jul. 22, 2015
shares
Feb. 28, 2015
shares
Dec. 31, 2014
USD ($)
$ / shares
Aug. 31, 2013
shares
Jun. 30, 2013
shares
Jun. 17, 2013
shares
Debt Instrument [Line Items]                            
Common stock, par value (in dollars per share) | $ / shares         $ 0.0001 $ 0.0001         $ 0.0001      
Changes in restricted cash           $ 9,250,000 $ 0              
Make-whole dividend liability         $ 849,560 849,560         $ 849,560      
Investor payable, current, net         $ 6,235,871 6,235,871         0      
Loss on extinguishment of debt and related embedded derivative           $ 11,600,000                
Common Stock [Member]                            
Debt Instrument [Line Items]                            
Number of securities called by warrants | shares                       218,750 262,500 43,750
Common stock, par value (in dollars per share) | $ / shares         $ 0.0001 $ 0.0001                
Common Stock [Member] | Warrants and Rights Subject to Mandatory Redemption [Member]                            
Debt Instrument [Line Items]                            
Issuance of common stock (in shares) | shares         1,500,000                  
Series D Preferred Stock [Member]                            
Debt Instrument [Line Items]                            
Preferred stock, shares outstanding (in shares) | shares         0 0                
Convertible Debt [Member]                            
Debt Instrument [Line Items]                            
Aggregate principal amount of Notes outstanding $ 1,500,000             $ 500,000            
Private Placement [Member]                            
Debt Instrument [Line Items]                            
Securities purchase agreement, consideration received, cash     $ 4,500,000                      
Securities purchase agreement, amount held in restricted control accounts     $ 30,500,000                      
Securities purchase agreement, consideration received, cash received from restricted control accounts   $ 2,500,000                        
Securities purchase agreement, covenant term, maximum payout per 90 days       $ 6,000,000                    
Conversion price | $ / shares       $ 2.25                    
Conditional redemption period       30 days                    
Redemption price, percentage       120.00%                    
Required notice to holder of redemption election       90 days                    
Debt instrument, convertible, amortization acceleration election maximum threshold ratio       5                    
Amortization payment, deferred election, amount           $ 1,707,317                
Amortization payment, deferred election, amount interest expense added to the principal balance           $ 351,899                
Private Placement [Member] | Warrants and Rights Subject to Mandatory Redemption [Member]                            
Debt Instrument [Line Items]                            
Number of securities called by warrants | shares       7,777,778         8,300,000 541,126        
Private Placement [Member] | Convertible Notes And Series D Preferred Stock, Alternate Conversion [Member]                            
Debt Instrument [Line Items]                            
Debt instrument, convertible, conversion ratio       0.85                    
Debt instrument, convertible, threshold lowest trading days | d       3                    
Debt instrument, convertible, threshold consecutive trading days       10 days                    
Debt instrument, convertible, numerator for calculation of conversion price       3                    
Private Placement [Member] | Convertible Notes And Series D Preferred Stock, Installment Conversion [Member]                            
Debt Instrument [Line Items]                            
Debt instrument, convertible, conversion ratio       0.85                    
Debt instrument, convertible, threshold lowest trading days | d       5                    
Debt instrument, convertible, threshold consecutive trading days       20 days                    
Debt instrument, convertible, numerator for calculation of conversion price       5                    
Private Placement [Member] | Convertible Notes And Series D Preferred Stock, Default [Member]                            
Debt Instrument [Line Items]                            
Debt instrument, convertible, redemption threshold, percent       125.00%                    
Private Placement [Member] | Common Stock [Member]                            
Debt Instrument [Line Items]                            
Conversion of stock, new issuance | shares           8,318,690                
Stock issued during period, shares, issued for interest expense | shares           3,420,461                
Private Placement [Member] | Series D Preferred Stock [Member]                            
Debt Instrument [Line Items]                            
Proceeds from issuance of stock       $ 3,000,000                    
Issuance of common stock (in shares) | shares       3,000                    
Stock dividends | shares           11,241                
Private Placement [Member] | Convertible Debt [Member]                            
Debt Instrument [Line Items]                            
Issuance of common stock (in shares) | shares           21,424,686                
Proceeds from issuance of convertible debt       $ 32,000,000                    
Debt instrument term       42 months                    
Debt conversion, original debt, amount           $ 2,305,000                
Installment payments for Notes           3,703,293                
Amortization payment, accelerated election, amount           5,145,375                
Stated interest rate       7.00%                    
Debt instrument, interest rate upon occurrence of events       15.00%                    
Interest expense           $ 984,632                
Aggregate principal amount of Notes outstanding 21,200,000                          
Aggregate payment to retire the Notes 25,100,000                          
Payments for repurchase of Notes 18,800,000                          
Investor payable, gross $ 6,300,000                          
Number of payments | installment 2                          
Investor payable due in first installment $ 2,400,000                          
Investor payable due in second installment $ 3,900,000                          
Private Placement [Member] | Convertible Debt [Member] | Convertible Notes And Series D Preferred Stock, Installment Conversion [Member]                            
Debt Instrument [Line Items]                            
Issuance of common stock (in shares) | shares           12,651,059                
Private Placement [Member] | Convertible Debt [Member] | Convertible Notes And Series D Preferred Stock, Default [Member]                            
Debt Instrument [Line Items]                            
Debt instrument, convertible, conversion ratio       0.85                    
Debt instrument, convertible, threshold lowest trading days | d       3                    
Debt instrument, convertible, threshold consecutive trading days       10 days                    
Debt instrument, convertible, numerator for calculation of conversion price       3                    
Private Placement [Member] | Convertible Debt [Member] | Convertible Notes, Cancellation And Waiver Agreement [Member]                            
Debt Instrument [Line Items]                            
Debt instrument, convertible, conversion ratio 0.85                          
Debt instrument, convertible, number of prices for conversion price calculation | price 3                          
Debt instrument, convertible, threshold consecutive trading days 60 days                          
Debt instrument, convertible, numerator for calculation of conversion price 3                          
Private Placement [Member] | Convertible Preferred Stock Subject to Mandatory Redemption [Member]                            
Debt Instrument [Line Items]                            
Proceeds from issuance of stock       $ 3,000,000                    
Issuance of common stock (in shares) | shares       3,000                    
Preferred stock, dividend rate, percentage       7.00%                    
Percentage on occurrence of events       15.00%                    
Preferred dividends, cash           $ 3,572                
Private Placement [Member] | Convertible Preferred Stock Subject to Mandatory Redemption [Member] | Series D Preferred Stock [Member]                            
Debt Instrument [Line Items]                            
Issuance of common stock (in shares) | shares           1,465,972                
Debt instrument, convertible, trading days prior to the installment date for amortization payments | d       20                    
Preferred stock liquidation value, installment payments           $ 565,341                
Embedded Derivative Financial Instruments [Member] | Private Placement [Member] | Convertible Debt [Member]                            
Debt Instrument [Line Items]                            
Make-whole dividend liability                     17,400,000      
Embedded Derivative Financial Instruments [Member] | Private Placement [Member] | Convertible Preferred Stock Subject to Mandatory Redemption [Member] | Series D Preferred Stock [Member]                            
Debt Instrument [Line Items]                            
Make-whole dividend liability         $ 0 $ 0         $ 400,000