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Condensed Interim Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 896,358 $ 1,078,466
Prepaid expenses 24,663 7,908
Prepaid insurance 101,485 101,485
Total current assets 1,022,506 1,187,859
Noncurrent assets:    
Prepaid insurance 33,828 59,199
Investments held in trust 150,047,786 150,035,663
Total assets 151,104,120 151,282,721
Current liabilities:    
Franchise tax payable 45,000 25,448
Accrued operating expenses and accounts payable 90,702 45,697
Total current liabilities 135,702 71,145
Deferred underwriter compensation 5,250,000 5,250,000
Total liabilities 5,385,702 5,321,145
Commitment and contingencies:      
Common stock subject to possible redemption: 14,071,841 and 14,096,157 shares (at redemption value) as of March 31, 2014 and December 31, 2013, respectively 140,718,408 140,961,566
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 400,000,000 shares authorized; 4,678,159 and 4,653,843 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively 468 465
Additional paid-in capital 4,999,542 4,999,545
Deficit accumulated during the development stage 0 0
Total stockholders’ equity 5,000,010 5,000,010
Total liabilities and stockholders’ equity $ 151,104,120 $ 151,282,721