XML 106 R95.htm IDEA: XBRL DOCUMENT v3.8.0.1
Preferred Stock (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2018
Nov. 24, 2015
Preferred stock conversion price per share $ 9.72  
Market price per share on the date of issuance $ 10.29  
Beneficial conversion feature on series a convertible preferred stock $ 3,392  
Reduction in preferred stock $ 2,035  
Measurement Input, Price Volatility [Member]    
Fair value assumptions, measurement input, percentages 39.00%  
Measurement Input, Risk Free Interest Rate [Member]    
Fair value assumptions, measurement input, percentages 2.61%  
Measurement Input, Expected Dividend Rate [Member]    
Fair value assumptions, measurement input, percentages 0.00%  
Placement Agent [Member]    
Warrant to purchase common shares 178,882  
Warrant exercise price $ 11.50  
Aggregate offering costs $ 2,981  
Fair value of warrants $ 632  
Warrant term 5 years  
Common Stock [Member]    
Warrant exercise price   $ 11.50
Warrant redemption price per share $ 0.01  
Common Stock [Member] | Exceeds Price Point [Member]    
Common stock market price per share 24.00  
Series A Preferred Stock [Member]    
Weighted average price trading price after second anniversary force conversion $ 25.00  
Warrant to purchase common shares 596,273  
Warrant exercise price $ 11.50  
Private Placement [Member]    
Sale of stock consideration $ 94,800  
Private Placement [Member] | Series A Preferred Stock [Member]    
Number of shares issued 600,000  
Number of shares issued, value $ 60,000  
Preferred stock conversion price per share $ 10.0625  
Preferred stock dividend rate percentage 8.00%  
Issue price of preferred stock $ 100  
Dividend rate descrption Accrued and unpaid dividends, until paid in full in cash, will accrue at the then applicable Dividend Rate plus 2%. The Dividend Rate will be increased to 11% per annum, compounded quarterly, in the event that the Company’s senior indebtedness less unrestricted cash during any trailing twelve-month period ending at the end of any fiscal quarter is greater than 2.25 times earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Dividend Rate will be reset to 8% at the end of the first fiscal quarter when the Company’s senior indebtedness less unrestricted cash during the trailing twelve-month period ending at the end of such quarter is less than 2.25 times EBITDA.  
Private Placement [Member] | Series A Preferred Stock [Member] | Maximum [Member]    
Preferred stock dividend rate percentage 11.00%