2.4.0.8113 - Disclosure - Letters of credittruefalsefalse1false falsefalseP01_01_2013To06_30_2013http://www.sec.gov/CIK0001476719duration2013-01-01T00:00:002013-06-30T00:00:001true 1crmb_LettersOfCreditAbstractcrmb_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Letters of credit [Abstract]2false 2crmb_LettersOfCreditTextBlockcrmb_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00 <table border="0" style="clear:both;width:100%; table-layout:fixed;"> <tr> <td></td> </tr> </table> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; FONT-SIZE: 10pt"> <table style="clear:both;MARGIN-TOP: 0pt; FONT: bold 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0.25in"> <div>8.</div> </td> <td> <div>Letters of credit</div> </td> </tr> </table> </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><i>&#160;</i></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">In lieu of security deposits required pursuant to the terms of several operating leases, Holdings has chosen to obtain letters of credit issued by two financial institutions, when such substitution is allowed by the landlords. As of June 30, 2013 and December 31, 2012, issued and unused letters of credit totaled $<font style=" FONT-SIZE: 10pt">591,825</font> and $<font style=" FONT-SIZE: 10pt">637,425</font>, respectively. In May 2011, Holdings entered into a loan agreement in connection with the letters of credit issued by one of the institutions in the form of a $<font style=" FONT-SIZE: 10pt"><font style=" FONT-SIZE: 10pt">575,000</font></font> revolving line of credit, with a variable rate based on the Wall Street Journal Prime Rate. Prior to entering into this agreement, the letters of credit were guaranteed by a Member. Letters of credit amounting to $<font style=" FONT-SIZE: 10pt">493,825</font> and $<font style=" FONT-SIZE: 10pt">539,425</font> were reserved under this line of credit as of June 30, 2013 and December 31, 2012, respectively. The line of credit is secured by a certificate of deposit, and no amounts were outstanding on the line of credit at June 30, 2013 and December 31, 2012. Letters of credit in the amount of $<font style=" FONT-SIZE: 10pt"><font style=" FONT-SIZE: 10pt">98,000</font></font> issued by a second financial institution are also secured by certificates of deposit.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The certificates of deposit used to secure the letters of credit are recorded as restricted certificates of deposit in the balance sheet (see &#8220;Restricted certificates of deposit,&#8221; Note 1).</div> </div> falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for information about letter of credit debt arrangements.No definition available.false0Letters of credit [Text Block]falseLetters of creditUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.crumbs.com/role/LettersOfCredit12