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Long-Term Loans (Narrative) (Details) (USD $)
6 Months Ended
Jun. 30, 2013
Long-Term Loans Narrative Details  
Debt Instrument, Issuer

On February 5, 2013, Portables entered into a loan agreement

 

 

 

Debt Instrument, Description

On February 5, 2013, Portables entered into a loan agreement with M&T Bank for a monthly amortizing loan for $2,500,000 with an interest rate of 1-month LIBOR plus 3.50%. The loan matures in four years from date of inception.

 

 

Debt Instrument, Face Amount $ 2,500,000
Debt, Long-term and Short-term, Combined Amount 2,304,276
Short-term Debt 595,348
Long-term Debt $ 1,708,928